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Hispanics fire up the pet owner population

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By 2020, the U.S. market will account for over half of the growth. They will make present an incredible opportunity for the accessories and pet food manufacturers.
65 million American households, provide a home to over 200 million pets. We see a rise in Pet ownership in Multicultural families homes.
Terditonaly dog owners are non-Hispanic white. But the true growth in the dog owners population is Latinos, Asians and other.
Between 2015 and 2020, as the boomers generation and the total of 65+ Americans increase we will experience a decline in pet ownership. The growth in Hispanic and Multicultural families pet ownership may balance the pet ownership.

 

Hispnic and Pets

 

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Hispnic and Pets 2

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