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[Music] since the dawn of mankind animals have been domesticated although it took some time before humans decided animals would make better companions than food now instead of eating fighter the dog and Rex the cat owners are lavishing their four-legged friends with chew toys days at the spa and taking them on vacations as a result the pet industry is thriving the phenomenon of treating animals more like companions stems from pet humanization roughly two-thirds of US households own a pet in 2018 the u.s. annual spending on pets was recorded at seventy two point five six billion dollars as more and more Millennials and baby boomers taken pets as family members experts predict even more growth for the pet industry what will the future hold for Fido Rex and the industry built on the relationships we have with our pets stay tuned [Music]
