Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Pet Industry
In this episode of The Demographics Podcast, Lucas and Luna explore how declining birth rates and smaller families are transforming the pet industry. They focus on the surprising shift in pet ownership behavior: younger couples are spending disproportionately more on their pets, treating them as 'fur babies' rather than just animals. The hosts examine data from a 2025 American Pet Products Association survey showing that childless households under 35 now account for 38% of premium pet food and healthcare spending, up from 22% a decade ago. They discuss how companies like Mars…
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