Since the beginning of time, human beings have reared pets for companionship, security, entertainment, and for physical attractiveness and assistance. Several households around the world own different types of pets. The most common pets are; horses, dogs, cats, fish, birds, mice and lizards. Regardless of the kind of pet one has, their needs are universal. They need to eat, stay clean and well groomed and sleep. The pet and pet services industry is, therefore, booming business especially in developed countries. This paper examines the history of the pet services industry in the last 50 years and its immense growth. It also provides an analysis of the pet services industry with detailed look at the current trends and statistics.