Friday, May 2, 2025

Pet Owners Fear Rising Tariffs Will Make Pet Care Unaffordable: Insights From Rover's 2025 Report

Pet Owners Fear Rising Tariffs Will Make Pet Care Unaffordable: Insights From Rover

Concerns Over Tariffs and Rising Costs of Pet Care in the U.S.

Seattle – March 20, 2025 – A new Rover report shows pet owners in the United States face rising pet care costs. Rising inflation and possible tariffs add strain. Rover’s “True Cost of Pet Parenthood Report 2025” finds that 52% of pet owners fear that tariffs will push pet care prices even higher.

Pet products cost more each day. Twenty-eight percent of pet parents worry about affording essential items. Rebecca Greenstein, DVM, who serves on Rover’s pet people panel and runs Kleinburg Veterinary Hospital, speaks clearly. She says, "I work with pet parents every day. I see two things: rising costs raise concerns, and pet parents remain devoted to their furry friends."

Financial Implications of Pet Ownership

A survey of 1,000 pet parents provides clear data. The report lists that a ten-year-old dog may cost about $34,550 over its lifetime. In comparison, a sixteen-year-old cat may cost around $32,170. Longer pet lives may mean even more spending.

The report shows inflation impacts many products. Treat and chew costs are up 85%. Veterinary fees rise by 11%. Pet cleaning supplies climb by 183%, and grooming products increase by 20%. Almost half the owners (48%) worry about the cost of lifetime pet care. Each cost ties closely to a pet owner’s daily budget.

Adjusting Budgets

Amid rising costs, pet owners shift their budgets. Rover’s study finds that 69% of pet owners spend most of their pet money on food and treats. To cut costs, 25% of pet parents choose affordable pet food. Others find cheaper care solutions. Yet, 68% stay loyal to high-quality products similar to what they use themselves, and 20% even search for better quality.

Interestingly, 34% say pet spending is a last cut in hard times. Instead, 33% take back funds from groceries and fun to care for their pets. Simple choices bring each budget close to daily needs.

Insights from Canadian Pet Owners

The report shows that Canadian pet owners face even steeper costs. A cat’s lifetime cost can reach $73,585, and a dog’s can hit $53,935. Annual spending in Canada runs from $930 to $2,400 for cats and from $965 to $4,020 for dogs. Food and treats again claim the largest share. Experts predict an 18% cost rise for dogs and 41% for cats this year alone.

Fifty-five percent of Canadian pet owners choose local products, even when prices are higher. Tariff worries push them to support home businesses.

Conclusion

Inflation and possible tariffs make pet ownership costs worry many in the U.S. and Canada. Rising expenses force pet parents to rethink their daily budgets while still caring for their pets. Pet owners need to prepare financially and make clear choices for their companions. For more details, visit Rover’s full report on the True Cost of Pet Parenthood 2025. Stay informed by visiting our pet food processing news page for the latest updates.

contact mindful ai media creations here: mindfulaimedia@gmail.com

No comments:

Post a Comment

Featured Post

Unveiling Food Allergies: Insights from Medical Experts

Food allergies worry many families. Parents guide children’s meals with care. Peanut butter and jelly filled lunchboxes once. Now, these f...