The global pet supplements market size is expected to be worth around US$ 4.30 billion by 2030, according to a new report by Vision Research Reports.
The global pet supplements market size was valued at US$ 2.47 billion in 2020 and is anticipated to grow at a CAGR of 7.9% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 4.30 billion by 2030 |
| Growth Rate | CAGR of 7.9% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Pet type, Distribution channel |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Nestlé Purina Petcare; VetriScience Laboratories; Ark Naturals; NOW Foods; Virbac; Kemin Industries, Inc.; Novotech Nutraceuticals, Inc.; Zoetis Inc.; Bayer AG; PetHonesty; Dechra Pharmaceuticals PLC; Nutramax Laboratories, Inc. |
Growth Factors
Pet supplement sales soared as a result of increased consumer interest sparked by COVID-19, particularly in products that target immunity, anxiety, and overall wellness. When it comes to consumer buying patterns, joint health supplements are already at the top of the list, but hip and joint supplements are only one element of the senior pet health picture.
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Key Players
Market Segmentation
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In this study, the years considered to estimate the market size of Pet Supplements are as follows:
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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