25 Best Dog Breeds for Children and Families

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In this article, we take a look at the 25 best dog breeds for children and families. If you would like to skip our detailed analysis of the US pet industry and emerging trends, you can directly go to the 5 Best Dog Breeds for Children and Families

Dogs are the most commonly owned pet in the US, with more than 65.1 million homes having at least one. As of 2022, this makes up almost 44.5% of all US households, which is a significant chunk when it comes to other kinds of pets. As the number of homes with pets increases, so does the pet ownership cost.

According to a Forbes survey, dog owners spend an average of $730 on their dogs, almost half of which goes to veterinary care. If a dog develops sudden illnesses, the veterinary bills can be racked up to $1,000 and even more in some cases. Such unexpected costs lead to people demanding dog breeds that are not highly prone to developing medical issues, which is one of the critical factors that go into determining the best dog breeds for children and families

However, the advancing trend of having household pets has also led to the creation of multiple jobs in the pet industry, many of which can be acquired by the younger generation, such as dog-sitting.

Grand View Research estimated the global pet-sitting market to be at $1.94 billion in 2021 and and forecasted it to grow with a CAGR of almost 11% until 2030. These numbers showcase significant potential for employment in this market, which does not require specialized studies or degrees, making it much more accessible to everyone.

Moreover, as per Bureau of Labor Statistics,  overall employment in the animal care industry is expected to grow 16% from 2022 to 2032, with 79,900 job openings being projected for every year in the decade. According to Bloomberg, the overall pet industry is expected to grow to $500 billion by 2030, significantly boosted by higher spending on pet-related healthcare and premium pet food. 

Considering a market so conducive to growth, many pet-related corporations in the US have witnessed significant milestones in the previous years. Zoetis Inc. (NYSE:ZTS) is a Fortune 500 company that develops healthcare technologies for pets and other livestock animals. The company generated a revenue of $8.1 billion in 2022, showcasing the considerable revenue margin of pet healthcare.

The pet pharmaceutical market, as a whole, has the potential to reach $25 billion by 2030 as demands for pet healthcare improvements increase. Even for Zoetis Inc. (NYSE:ZTS), top company executives have confirmed their faith in the financial health of the company. The corporation generated a 6% revenue increase in the second quarter of 2023, as compared to the second quarter of 2022. Companies like Zoetis Inc. (NYSE:ZTS) are singlehandedly making significant contributions to the pet market in the US, making the lives of companion animals like dogs and, by proxy, their owners a lot easier.