Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Fewer Kids Means More Pets and a Booming Pet Industry
In this episode of The Demographics Podcast, Lucas and Luna explore how falling birth rates are reshaping the pet industry. With US pet spending surpassing $136 billion in 2025, millennials and Gen Z are increasingly prioritizing pets over children, driving growth in pet food, veterinary care, pet insurance, and even pet-friendly housing. The hosts discuss how companies like Chewy and Zoetis are capitalizing on this trend, and what it means for investors and the broader economy. They also examine the cultural shift from 'pet owner' to 'pet parent' and how it's fueling…
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