Pet Dietary Supplement Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for pet dietary supplement. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global pet dietary supplement market from 2023 to 2033.

The global pet dietary supplement market is forecast to expand at a CAGR of 8.1% and thereby increase from a value of US$4.3 Bn in 2023 to US$7.5 Bn by the end of 2030.

Key Insights

Pet Dietary Supplement Market Size (2023E): US$4.3 Billion

Projected Market Value (2030F): US$7.5 Billion

Global Market Growth Rate (CAGR 2023 to 2030): 8.1%

Historical Market Growth Rate (CAGR 2018 to 2022): 7.3%

Pet Dietary Supplement Market - Report Scope:

The Pet Dietary Supplement Market is poised for significant growth, driven by the increasing awareness of pet health, the humanization of pets, and a rising emphasis on preventive pet care. This market caters to pet owners, veterinarians, and pet care retailers, offering a range of dietary supplements designed to address specific nutritional needs and enhance the overall well-being of pets. Market growth is fueled by the growing pet population, a surge in pet adoption, and the desire to provide optimal nutrition to pets of all ages.

Market Growth Drivers:

The global Pet Dietary Supplement Market is influenced by several key factors, including the growing trend of pet humanization, increased focus on preventive healthcare for pets, and a rise in pet ownership. Pet owners are increasingly seeking supplements that support joint health, digestive health, and overall vitality in their pets. Innovations in supplement formulations, including natural and organic ingredients, contribute to market expansion. Additionally, the expansion of e-commerce channels for pet products and the availability of personalized supplements drive market growth.

Market Restraints:

Despite promising growth prospects, the Pet Dietary Supplement Market faces challenges related to regulatory compliance, concerns about the efficacy of certain supplements, and the need for veterinary guidance in supplement selection. The variability in pet dietary requirements and the risk of overdosing on certain nutrients pose challenges for manufacturers. Stricter regulations governing the labeling and marketing of pet supplements impose compliance burdens on industry players. Addressing these regulatory and consumer trust challenges requires collaboration between industry stakeholders, regulatory bodies, and the veterinary community.

Market Opportunities:

The Pet Dietary Supplement Market presents significant growth opportunities driven by ongoing research, product innovation, and the increasing focus on personalized nutrition for pets. The integration of scientific advancements, such as nutrigenomics, in formulating pet supplements enhances product efficacy. Strategic partnerships with veterinarians, pet healthcare providers, and pet food manufacturers expand market reach and credibility. Customized supplement formulations for specific pet breeds and health conditions open new avenues for market players to capitalize on emerging opportunities and maintain a competitive edge.

Key Questions Answered in the Report:

What is the Forecast CAGR Of the Pet Dietary Supplement Market?
What is the Market Size of the Market in the Year 2023?
Which Country Held the Largest Market Share in 2023?
What are the Key Players in the Pet Dietary Supplement Market?
Which is the Fastest-Growing Segment in the Product Type Segment?

Competitive Intelligence and Business Strategy:

Leading players in the global Pet Dietary Supplement Market, including [Insert Key Companies], focus on innovation, product differentiation, and strategic collaborations to gain a competitive edge. These companies invest in R&D to develop supplements tailored to specific pet health needs, such as joint support, skin and coat health, and digestive wellness. Collaborations with veterinarians, pet care professionals, and retailers enhance market access and promote product recommendations. Moreover, emphasis on transparent labeling, quality assurance, and educational initiatives fosters market growth and enhances consumer trust in the evolving landscape of pet nutrition.

Key Companies Profiled:

Nestle SA
Mars Incorporated
NOW Foods
Blue Buffalo Co. Ltd.
Ark Naturals
Virbac
Novotech Nutraceuticals, Inc.
Zoetis
PetAg, Inc.
VetClassics
GNC

Pet Dietary Supplement Market Research Segmentation:

The dominance of the pet dietary supplement market in 2022 was attributed to the widespread application of multivitamins across various pet types and life stages. Multivitamins play a crucial role in addressing nutritional deficiencies and promoting overall health in animals, making them an essential part of every pet owner's routine. They offer a convenient and comprehensive solution to ensure that pets receive essential vitamins and minerals for optimal health. Additionally, the glucosamine category is expected to experience significant growth, especially among active breeds and older pet populations, given its reputation for effectively addressing joint problems. Many joint supplements incorporate glucosamine and other calming compounds, providing joint protection and preventing arthritis.

The pet dietary supplement market is expected to focus predominantly on the joint health category, which dominated the market in 2022. This emphasis is driven by the increasing incidence of joint-related problems, such as osteoarthritis, in animals. Pets with robust joint health benefit from supplements that reduce inflammation and enhance mobility. Continued demand for hip and joint supplements is foreseen due to their long-term usage recommendations. Additionally, the skin and coat health category is expected to grow substantially, fueled by pet owners' growing awareness of the benefits of nutritional supplements in improving skin and coat health. These supplements contribute to less scratching, reduced shedding, and the maintenance of healthy skin and coats in pets.

North America is anticipated to maintain its dominant position in the pet dietary supplement market during the forecast period. This is attributed to the high rate of pet ownership in North America, particularly in the United States, where a significant portion of households have pets. The National Pet Owners Survey highlights the widespread ownership of pets in the region. The increased awareness of pet health and well-being among owners has led to a rise in spending on pet health products, including supplements. The willingness of pet owners to invest in these products reflects their heightened awareness of the importance of ensuring their animals' well-being.

By Product Typs:

Glucosamine
Probiotics
Multivitamins
Omega 3 fatty acids
Others

By Application:

Joint Health
Digestive Health
Weight Management
Skin and Coat Health
Dental Care
Others

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33752

1. Executive Summary

1.1. Global Pet Dietary Supplement Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Application Lifecycle Analysis
2.4. Pet Dietary Supplement Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Pet Dietary Supplement Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
  - 3.3.3.1. Glucosamine
  - 3.3.3.2. Probiotics
  - 3.3.3.3. Multivitamins
  - 3.3.3.4. Omega 3 fatty acids
  - 3.3.3.5. Others
3.4. Market Attractiveness Analysis: Product Type
3.5. Global Pet Dietary Supplement Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.5.3.1. Joint Health
  - 3.5.3.2. Digestive Health
  - 3.5.3.3. Weight Management
  - 3.5.3.4. Skin and Coat Health
  - 3.5.3.5. Dental Care
  - 3.5.3.6. Others
3.6. Market Attractiveness Analysis: Application

4. Global Pet Dietary Supplement Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 5.5.1. Glucosamine
- 5.5.2. Probiotics
- 5.5.3. Multivitamins
- 5.5.4. Omega 3 fatty acids
- 5.5.5. Others
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.6.1. Joint Health
- 5.6.2. Digestive Health
- 5.6.3. Weight Management
- 5.6.4. Skin and Coat Health
- 5.6.5. Dental Care
- 5.6.6. Others
5.7. Market Attractiveness Analysis

6. Europe Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 6.5.1. Glucosamine
- 6.5.2. Probiotics
- 6.5.3. Multivitamins
- 6.5.4. Omega 3 fatty acids
- 6.5.5. Others
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.6.1. Joint Health
- 6.6.2. Digestive Health
- 6.6.3. Weight Management
- 6.6.4. Skin and Coat Health
- 6.6.5. Dental Care
- 6.6.6. Others
6.7. Market Attractiveness Analysis

7. East Asia Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 7.5.1. Glucosamine
- 7.5.2. Probiotics
- 7.5.3. Multivitamins
- 7.5.4. Omega 3 fatty acids
- 7.5.5. Others
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.6.1. Joint Health
- 7.6.2. Digestive Health
- 7.6.3. Weight Management
- 7.6.4. Skin and Coat Health
- 7.6.5. Dental Care
- 7.6.6. Others
7.7. Market Attractiveness Analysis

8. South Asia & Oceania Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 8.5.1. Glucosamine
- 8.5.2. Probiotics
- 8.5.3. Multivitamins
- 8.5.4. Omega 3 fatty acids
- 8.5.5. Others
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.6.1. Joint Health
- 8.6.2. Digestive Health
- 8.6.3. Weight Management
- 8.6.4. Skin and Coat Health
- 8.6.5. Dental Care
- 8.6.6. Others
8.7. Market Attractiveness Analysis

9. Latin America Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 9.5.1. Glucosamine
- 9.5.2. Probiotics
- 9.5.3. Multivitamins
- 9.5.4. Omega 3 fatty acids
- 9.5.5. Others
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.6.1. Joint Health
- 9.6.2. Digestive Health
- 9.6.3. Weight Management
- 9.6.4. Skin and Coat Health
- 9.6.5. Dental Care
- 9.6.6. Others
9.7. Market Attractiveness Analysis

10. Middle East & Africa Pet Dietary Supplement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 10.5.1. Glucosamine
- 10.5.2. Probiotics
- 10.5.3. Multivitamins
- 10.5.4. Omega 3 fatty acids
- 10.5.5. Others
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.6.1. Joint Health
- 10.6.2. Digestive Health
- 10.6.3. Weight Management
- 10.6.4. Skin and Coat Health
- 10.6.5. Dental Care
- 10.6.6. Others
10.7. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Settings
- 11.2.3. Apparent Product Application
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Nestle SA
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Application
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Mars Incorporated
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Application
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. NOW Foods
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Application
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Blue Buffalo Co. Ltd.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Application
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Ark Naturals
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Application
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Virbac
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Application
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Novotech Nutraceuticals, Inc.
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Application
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Zoetis
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Application
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. PetAg, Inc.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Application
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. VetClassics
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Application
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. GNC
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Application
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations