The pet industry is a significant employer (directly and indirectly) across the EU, providing substantial tax revenues by virtue of a buoyant market for pets. The Euromonitor and ZZF/IVH reported that the worldwide spending on pet supplies in 2021 reached over €135,183 million, including for Europe over €37,187 million.

More recently, FEDIAF EuropeanPetFood reported in its 2022 pet statistics that the pet industry employs 2,5 million people in Europe (split between 283,000 people employed directly and 2,300,000 people employed indirectly). Further, that the annual turnover combined in 2022 of the pet food industry and related supply and services was €53,8 billion.