
Pet Ownership Costs Rise Amid Tariff Threats and Inflation, Report Finds
Seattle, WA — Rover’s "True Cost of Pet Parenthood Report 2025" shows pet owners face higher pet care costs. Inflation and new tariffs add fear. Pet owners worry. Tariffs worsen costs. Fifty-two percent worry tariffs add weight. Twenty-eight percent find it hard to buy needed pet products.
Increasing Financial Burden
Dr. Rebecca Greenstein, DVM, joins Rover’s Pet People Panel. She owns Kleinburg Veterinary Hospital. She sees pet parents struggle. Daily, she meets pet owners. They face high costs and rising prices. They love their pets. Dr. Greenstein says to budget carefully. She also says regular health checkups help. The survey spoke with 1,000 pet owners in the United States. It shows costs start with pet purchase and grow every month and year. A ten-year-old dog costs about $34,550 in care. A sixteen-year-old cat costs about $32,170. As pets live longer, expenses grow.
Breakdown of Spending Trends
Pet owners feel inflation and tariffs. Prices may jump. The report predicts treat costs may rise 85%. Veterinary fees may rise 11%. Pet cleaning supplies could jump by 183%. Grooming supplies may rise 20%. Almost half (48%) worry about rising lifetime costs. Sixty-nine percent spend most of their budget on pet food and treats. Twenty-five percent change their food or care choices to spend less. Still, 68% stick with high-quality pet products.
Priority on Pet Spending
Many pet owners do not cut pet spending. Thirty-four percent say they would not cut these expenses. About 33% spend less on groceries and fun to pay for their pets instead.
Insights from Canadian Pet Owners
Canadian pet owners pay even more. Cat parents may pay up to $73,585. Dog parents may pay up to $53,935. Yearly costs for cats run from $930 to $2,400. Dogs cost between $965 and $4,020 per year. Tariffs push up these prices. Canadian dog owners expect an 18% rise. Canadian cat owners expect a 41% rise. To cope, many (55%) choose pet products made in Canada. Among them, 57% of dog owners and 52% of cat owners pick local brands.
Conclusion
Inflation and tariffs now shadow pet care. Pet owners must make tough budget choices. Rover’s report shows these financial challenges in North America. It urges pet owners to plan well for their pet needs.
For more insights, read Rover's "True Cost of Pet Parenthood Report 2025" and stay informed about the latest in pet food processing on their news page.
contact mindful ai media creations here: mindfulaimedia@gmail.com
No comments:
Post a Comment