Boomers’ love of pets could change as both age

Topics: From the Wires,

Baby boomers love their pets.

Industry officials say they are a major reason why Americans’ spending on the likes of food, grooming, kennels and surgery is expected to top $52 billion this year.

But will the beautiful relationship last?

Pet ownership rates tend to drop among people in their golden years. The pet industry is looking years ahead to when aging boomers eventually could be tempted to give up high-maintenance dogs and cats.

Already, the industry is promoting the benefits of pets for older people. The American Pet Products Association is a founding sponsor of the Human Animal Bond Research Initiative, a nonprofit dedicated to promoting the positive role animals play in people’s health. The group’s website touts the role animals have in lowering blood pressure and reducing anxiety.

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