PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1425111
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1425111
An essential component of a dog or cat's overall wellness is dental health. Periodontal disease is a painful and avoidable oral health problem in pets. Good dental hygiene practices can help battle bad breath, eliminate germs and tartar, and eventually help prevent this illness. The American Veterinary Dental College estimates that by the age of three, the majority of pets begin to exhibit signs of dental or periodontal disease. Bad breath is one of the greatest and simplest signs of dental illness. Some pet owners have the perception that pets inherently have foul breath, which explains why it frequently goes unreported and untreated.
Driving factors for the pet dental health market
The pet dental health market is anticipated to grow due to the increasing prevalence of numerous pet-related dental diseases, a growing number of veterinary dental check-ups and procedures, rising awareness to prevent painful dental conditions in pets, oral care product launches, and rising pet ownership rates. To improve an animal's overall health and behavior routine dental cleaning and other treatments are performed. These factors are anticipated to create profitable opportunities for pet dental health market growth.
Growth in pet ownership
Pet ownership growth is especially noticeable in nations where the middle class is expanding, which is also influencing views and the formation of a new pet culture centered upon the growing humanization of pets. Another factor that contributes to an increase is the declining birth rate. Additionally, according to HealthforAnimals report in the year 2023, the report predicts China will possess significant number of pets. Dog and cat ownership in China was 74 million and 67 million respectively in the year 2023.
Increasing investment in pet healthcare
The pet industry is considered a significantly growing market, owing to which pet owners are spending money for their pet's health. According to the Global Animal Health Association, consumers spend a projected $123.6 billion on pets and pet-related goods in the United States alone in 2021. Furthermore, in 2021, according to Animal Medicines Australia's report, Australians spent AUS$ 30.7 billion on dogs and cats, with the majority of the money going into pet food, veterinarian care, and healthcare goods. Along with the overall sector, veterinary care spending is also increasing. This will positively impact the pet dental health industry.
Demand for organic and pet-specific dental care products is rising.
As humans are more concerned about their pet's health, brushing their teeth regularly is gaining importance. However, the products used by humans to brush their teeth cannot be used on pets as they contain toxins like xylitol. This is further surging the demand for organic products. Many pet-specific oral care products are easily available in the market either online or offline which is promoting the use of pet dental health products and surging the pet dental health market growth. In addition to the traditional oral care products available for dogs and cats, there are multiple oral care products available for horses and rabbits are well.
In North America, it is projected that the pet dental health market will grow steadily.
The pet dental health market is anticipated to grow in the North American region during the projected period due to rising companion animal adoption and increasing expenditure in animal healthcare. According to Insurance Information Institute, there are 69 million pets in the United States, with the majority of those being dogs. Cats come in second with 45.3 million. Additionally, The American Pet Products Association (APPA) estimates that more than $108.9 billion was spent on pet-related sales in the U.S. in 2020. Maximum amount was spent on supplies and over-the-counter medications, vet care, the purchase of live animals, and other services (such as grooming and boarding). These factors lead to overall pet dental health market growth.
Market Player Strategies
Key market players collaborated with various government agencies for a consistent supply of pet dental health products even during the pandemic. For instance, Virbac's annual report in 2020 stated that the company did not face any difficulties in the distribution of its pet health products. Additionally, the growing adoption of pet health insurance with dental care coverage is increasing. Increased pet healthcare expenditure, major company R&D initiatives, and expansion of oral care product offerings are fueling the pet dental health market.
Pet Dental Health Products
Market Key Developments