More than half of Australian millennials own a pet for mental health reasons or as a support animal, according to a new survey by pet insurer Budget Direct.
The poll of 1,000 Australians found that 71 per cent of millennials (aged 28-37) got their pet for companionship, while nearly 40 per cent acquired their pet primarily to improve their mental health.
A Budget Direct spokesperson said the findings highlight the deep emotional bond millennials have with their pets.
“Like many pet owners, it’s clear that millennials consider their pets as part of their family. But the fact that almost 15 per cent acquired their pets solely to be their support animal shows how emotionally important they are to this group.
“We share such a special bond with our dogs and cats, and this really shows just how much we value companionship. Whether it’s social quality play time with the pet or taking them on walks in the park or beach, there’s no doubt about the happiness and contentment our furry friends provide.”
The survey also revealed that cat owners were slightly more likely to acquire their pets for mental health reasons (30 per cent) compared to dog owners (25 per cent). Despite this, dogs remain the more popular pet, with over 60 per cent of Australians owning a dog compared to 31 per cent who own a cat.
Support animals provide emotional stability for people with conditions such as anxiety or depression, but unlike assistance animals, they do not require specific training.
The survey also found that nearly 30 per cent of respondents adopted their oldest or only pet from a shelter, while 19 per cent received their pet as a gift.
To stay up to date on the latest industry headlines, sign up to the Pet Industry News e-newsletter.