A recent study has revealed that around 75% of households in the country own a pet of some kind, with dogs being the most popular choice among pet owners. The study also found that approximately 40% of households have more than one pet. In total, the pet industry brings in an estimated $90 billion in revenue each year, with spending on pet food and veterinary care making up a significant portion of this figure. The study further highlights the significant role pets play in the lives of many people, providing companionship, emotional support, and a sense of responsibility.