US dog treat and chew market revenue

Between 2010 and 2022, Chinese billionaires on the Forbes list and US dog treat market revenue both grew, correlating at 0.9633 across thirteen data points. The theory that Chinese wealth creation is funding American dogs' snacking habits requires a supply chain so convoluted that even a McKinsey consultant would decline to diagram it. What the data actually shows is that global economic expansion and American pet humanization both accelerated during the same decade, driven by entirely separate forces that converge only in the imagination of a data scientist with too many variables and not enough caution.

Chinese billionaires grew from roughly 64 to over 400 on the Forbes list, reflecting China's economic rise. US dog treat revenue grew from $5 billion to over $9 billion, driven by pet humanization and premium products. Both are growth stories from the same decade, one measuring wealth concentration in Asia and the other measuring consumer spending on animals in America.

Global wealth creation and domestic pet spending will correlate across any shared growth window because both are products of the same era of economic expansion. The Chinese billionaire and the American dog share a decade, not a biscuit.