Pet Dietary Supplements Market Size & Analysis Report by Pet, By Supplement, By Ingredients, By Form, By Application, By Distribution Channel and By Region – Global Opportunities & Forecast, 2020-2027
Pet Dietary Supplements Market Size & Analysis Report by Pet (Dog, Cat, Horse, and Others), By Supplement (Glucosamine, Omega 3 Fatty Acids, Probiotics & Prebiotics, Multivitamins, Antioxidants, Proteins & Peptides, and Others), By Ingredients, By Form, By Application, By Distribution Channel, and By Region – Global Opportunities & Forecast, 2020-2027
Pet Dietary Supplements Market was valued at USD 500 Million in 2019 and predicted to grow at 5.4% CAGR during the forecast period.
Pet dietary supplements are the supplements that are fed to pets in conjunction with the regular pet food to fulfil their nutritional requirement. These supplements consist of animal food that is particularly manufactured to aid in the management of disease and illness of a diagnosed health disorders, such as digestive issues, allergies, obesity, itchy skin, and other diseases in pets. It also offers the necessary nutrients to enhance the immune system, reduce the risk of heart diseases, inflammation, diabetes, and cancer.
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Major Pet Dietary Supplements Market Drivers
The popularity of pet dietary supplements is growing among pet parents attributed to their ability to cure different types of allergies, anxiety, and digestive issues in pets. This is a major factors that is driving the growth of the global pet dietary supplements market. People are becoming more concerned about animals and are inclining towards showing humanity for animals. These changes in socio-economic aspects are likely to surge the demand of the market. The growing requirement for natural supplements and raw food feeding for pets is encouraging manufacturers to invest in their research & development activities to develop organic supplements for pets. These innovations are further propelling the growth of the global pet dietary supplements market.
Nowadays, pet parents are becoming more conscious about the well-being and health of their pets. They are giving more importance to feed their pets with dietary supplements owing to the various benefits, such as enhanced immune system, improved digestion, reduced risk of heart problems and cancer, among others. These benefits play a significant role in driving the growth of the global pet dietary supplements market. Moreover, pets are now treated as family members due to which pet owners have now started spending more money on their pets’ health. This factor is likely to surge the growth of the global pet dietary supplements market.
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Based on the pet, the dog segment is expected to grow at a higher CAGR over the forecast period. Companies leading in the pet dietary supplements market are investing in manufacturing of improved supplements that contain essential nutrients that are needed for dogs at a particular stage of life. These supplements improve digestion, bone and mental health, and immunity. The increasing affection for dogs encourages the pet owners to spend more on dietary supplements from their income annually. These factors contribute to the growth of the dog segment in the global pet dietary supplements market.
Based on the supplement, the market is segmented into glucosamine, omega 3 fatty acids, probiotics & prebiotics, multivitamins, antioxidants, proteins & peptides, and others. The multivitamins segment is anticipated to witness a faster CAGR over the forecast period. This is attributed to the growing investments by the manufacturers in their research efforts to make multivitamins available in the form of powders and chews. They are also producing supplements in palatable forms, such as in the form of oil and sprays for the convenience of pets and pet parents. These enhancements are propelling the growth of the multivitamins segment in the global pet dietary supplements market.
Based on the distribution channel, the market is segmented into online, supermarkets/hypermarkets, specialty stores, and others. The specialty stores segment is projected to grow at a higher CAGR during the forecast period. This is mainly due to the easy availability and detailed information about the products at specialty stores. Companies in this market are significantly focusing on growing product awareness among the retailers to provide in-depth knowledge about the ingredients and suitability of the dietary supplements. These factors are surging the growth of the specialty stores segment in the global pet dietary supplements market.
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Regional – Segment Analysis
Based on the region, the North America region is expected to grow at a higher CAGR over the forecast period owing to the high adoption of pets and increasing pet humanization. The rising concern related to the protection of pets from health diseases and skin allergies is likely to develop the growth of this market. The growing demand for nutritious and high-quality dietary supplements in North America is contributing to the growth of the global pet dietary supplements market.
Top Market Players
Various notable players operating in the market, include, General Nutrition Centers, Inc., Virbac, Ceva, Makers Nutrition, LLC, Nutramax Laboratories, Inc., Bayer AG, Beaphar, Unicharm Corporation, Central Garden & Pet Company, Neoterica GmbH, among others.
Key Developments:
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- In 2019, General Nutrition Centers, a global leader in health and wellness, announced its collaboration with Banco de Franquias, a professional retail operator, to expand its business in Brazil. Specializing in the management and operation of major retail brands in Brazil, the collaboration allowed GNC to have its presence outside the US.
- In 2019, Nutramax Laboratories, Inc. expanded its Imuquin line by launching Imuquin Cat. It is a dietary supplement for cats of age 6 weeks or older, which can be sprinkled on normal cat food to improve their immune system.
Segments covered in the Report:
The global pet dietary supplements market has been segmented on the basis of pet, supplement, ingredients, form, application, distribution channel, and regions. Based on pet, the market is segmented into dog, cat, horse, and others. Based on supplement, the market is segmented into glucosamine, Omega 3 fatty acids, probiotics & prebiotics, multivitamins, antioxidants, proteins & peptides, and others. Based on ingredients, the market is segmented into fish, meat & animal derivatives, dairy products & eggs, vegetables, cereals & cereals by-products, and others. Based on form the market is segmented into tablets & capsules, soft gels & gummies, liquids, powders, and others. Based on application, the market is segmented into skin & coat, joint health, liver, gastrointestinal tract, kidney support, balanced diet, and others. Based on distribution channel, the market is segmented into online, supermarkets/hypermarkets, specialty stores, and others. Based on region, the global pet dietary supplements market is segmented into North America, Europe, Asia-Pacific, and RoW.
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Key questions answered in this research report:
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- At what pace is global pet dietary supplements market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in pet dietary supplements market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global pet dietary supplements market?
- Which ingredient generated maximum revenues in 2019 and identify the most promising ingredient during the forecast period?
- What are the various supplement areas of global pet dietary supplements market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues (2019) |
USD 500 Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Pet, By Supplement, By Ingredients, By Form, By Application, By Distribution Channel, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | General Nutrition Centers, Inc., Virbac, Ceva, Makers Nutrition, LLC, Nutramax Laboratories, Inc., Bayer AG, Beaphar, Unicharm Corporation, Central Garden & Pet Company, Neoterica GmbH, among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Pet Dietary Supplements Market by Pet
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- Dog
- Cat
- Horse
- Others
Global Pet Dietary Supplements Market by Supplement
-
- Glucosamine
- Omega 3 Fatty Acids
- Probiotics & Prebiotics
- Multivitamins
- Antioxidants
- Proteins & Peptides
- Others
Global Pet Dietary Supplements Market by Ingredients
-
- Fish, Meat & Animal Derivatives
- Dairy Products & Eggs
- Vegetables
- Cereals & Cereal By-Products
- Others
Global Pet Dietary Supplements Market by Form
-
- Tablets & Capsules
- Soft Gels & Gummies
- Liquids
- Powders
- Others
Global Pet Dietary Supplements Market by Application
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- Skin & Coat
- Joint Health
- Liver
- Gastrointestinal Tract
- Kidney Support
- Balanced Diet
- Others
Global Pet Dietary Supplement Market by Distribution Channel
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- Online
- Supermarkets/Hypermarket
- Specialty Stores
- Others
Global Pet Dietary Supplement Market by Region
-
-
North America Pet Dietary Supplement Market (Option 1: As a part of the free 25% customization)
- North America Market by Pet
- North America Market by Supplement
- North America Market by Ingredients
- North America Market by Form
- North America Market by Application
- North America Market by Distribution Channel
- US Market All-Up
- Canada Market All-Up
-
Europe Pet Dietary Supplement Market (Option 2: As a part of the free 25% customization)
- Europe Market by Pet
- Europe Market by Supplement
- Europe Market by Ingredients
- Europe Market by Form
- Europe Market by Application
- Europe Market by Distribution Channel
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
-
Asia-Pacific Pet Dietary Supplement Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Market by Pet
- Asia-Pacific Market by Supplement
- Asia-Pacific Market by Ingredients
- Asia-Pacific Market by Form
- Asia-Pacific Market by Application
- Asia-Pacific Market by Distribution Channel
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW Pet Dietary Supplement Market (Option 4: As a part of the free 25% customization)
- RoW Market by Pet
- RoW Market by Supplement
- RoW Market by Ingredients
- RoW Market by Form
- RoW Market by Application
- RoW Market by Distribution Channel
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
-
Major Players Operating the Pet Dietary Supplements (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- General Nutrition Centers, Inc.
- Virbac
- Ceva
- Makers Nutrition, LLC
- Nutramax Laboratories, Inc.
- Bayer AG
- Beaphar
- Unicharm Corporation
- Central Garden & Pet Company
- Neoterica GmbH
Frequently Asked Question About This Report
Pet Dietary Supplements Market [UP1347A-00-0620]
The key factor that is driving the growth of the pet dietary supplements market includes, popularity of pet dietary supplements is growing among pet parents attributed to their ability to cure different types of allergies, anxiety, and digestive issues in pets.
Pet Dietary Supplements Market is anticipated to grow at 5.4% CAGR during the forecast period.
Dog segment is expected to lead over the forecast period. Companies leading in the pet dietary supplements market are investing in manufacturing of improved supplements that contain essential nutrients that are needed for dogs at a particular stage of life.
The top players operating in the market, include, General Nutrition Centers, Inc., Virbac, Ceva, Makers Nutrition, LLC, Nutramax Laboratories, Inc., Bayer AG, Beaphar, Unicharm Corporation, Central Garden & Pet Company, Neoterica GmbH, among others.
- Published Date: Jan - 2021
- Report Format: Excel/PPT
- Report Code: UP1347A-00-0620
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Pet Dietary Supplements Market Size & Analysis Report by Pet, By Supplement, By Ingredients, By Form, By Application, By Distribution Channel and By Region – Global Opportunities & Forecast, 2020-2027
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