In 2024, year-end sales of pet food worldwide were forecast to reach 151.8 billion U.S. dollars. This would be an increase of almost 60 billion dollars since 2019. U.S. pet industry Americans spent over 147 billion U.S. dollars on their pets in 2024. With each consecutive year, U.S. pet industry expenditures have gone up. Ten years earlier for example, total pet owner expenses amounted to some 53 billion U.S. dollars. Pet owners frequently need to pay for things, such as pet food, vet care, and over-the-counter medicine. In 2022, as well as previous years, pet food was the highest-selling pet market category in the United States: roughly 64 billion U.S. dollars’ worth of animal pet food was sold in 2023. PetSmart There are various pet specialty chains to be found in North America, such as PETCO, Pet Supplies Plus, and Woof Gang Bakery. One of the largest companies in the business is PetSmart. The company is based in Arizona, United States, and focuses on selling specialty pet animal products. As of March 2022, PetSmart had the highest number of stores in North America, namely close to 1,700.