Market Overview:
The global pet dietary supplements market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing trend of pet humanization, rising disposable income, and growing awareness about the benefits of pet dietary supplements. The protein supplement segment is expected to grow at a CAGR of 7.1% from 2018 to 2030, owing to the increasing demand for premium-quality protein supplements for pets. The vitamin supplement segment is projected to grow at a CAGR of 5.8% during the forecast period, as it helps in improving overall health and vitality of pets. North America accounted for majority share in 2017 and is expected to maintain its dominance during the forecast period due high prevalence rateof obesity among pets in this region coupled with rising awareness about benefits associated with dietary supplements consumption by pets.
Product Definition:
A pet dietary supplement is a product that is added to the diet of an animal to improve its overall health. These supplements can be made from a variety of ingredients, including vitamins, minerals, herbs, and other botanicals. They are often used to address specific health conditions in pets or to provide additional nutrients that may be lacking in their diets. Pet dietary supplements can play an important role in helping animals maintain good health and well-being.
Protein Supplement:
Protein supplements are available in different forms such as powders, liquids and tablets. Protein supplement is a combination of amino acids which helps to build and strengthen the muscle mass, repair damaged cells and tissues in the body, maintain body functions & structure etc. The most important function of protein is that it provides energy for the cells to operate during exercise or when no food is available. Protein also aids in building & repairing tissues & organs etc.
Vitamin Supplement:
A vitamin supplement is a food product that contains vitamins. Vitamins are organic compounds that help in carrying out various chemical reactions in the body. They play an important role in promoting and maintaining health. Some of the common sources of vitamins include multivitamins, breakfast cereals, fruit juices, and dietary supplements (instructions for use). Dietary supplements can be natural or synthetic; however they all have similar functions and purposes which includes boosting immunity against infections etc.
Application Insights:
The other application segment includes pet dietary supplements for dogs, cat and other pets. The demand for the dog dietary supplements was estimated to be worth USD 2.97 billion in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the increasing number of working individuals across the globe, especially in developed economies such as U.S., Canada, France and Germany who prefer taking their pet's diet with them while they are away from home or work place which is further likely to propel product demand over the forecast period.
Vitamin supplement dominated this category followed by protein supplement; however, vitamin supplements have a lower penetration rate than protein when it comes time providing nutritional needs for pets globally due its less expensive pricing structure compared with that of protein-based products which are available at retail stores worldwide including supermarkets.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness among pet owners regarding proper nutrition for their pets, high disposable income of consumers, and presence of a large number of manufacturers in this region. Moreover, growing demand for premium pet food products is anticipated to drive growth over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rising disposable income and expanding population base in countries such as China and India.
Growth Factors:
- Increasing pet ownership: The global pet population is expected to grow at a CAGR of 3.8% from 2016 to 2020, reaching 862 million by 2020. This growth in the pet population will result in an increase in demand for pet dietary supplements.
- Rising awareness about the benefits of supplements: There is a growing awareness among consumers about the benefits of supplements for pets, which is driving demand for these products.
- Growing trend of premiumization: Consumers are increasingly opting for premium-quality products, such as those that contain natural ingredients and are free from additives and preservatives. This is benefiting the growth of the Pet Dietary Supplements market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Dietary Supplements Market Research Report
By Type
Protein Supplement, Vitamin Supplement, Other
By Application
Dog Dietary Supplements, Cat Dietary Supplements, Other
By Companies
Nutramax Laboratories, NOW Foods, FOODSCIENCE CORPORATION, Only Natural Pet, Beaphar, Nutramax Laboratories
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Pet Dietary Supplements Market Report Segments:
The global Pet Dietary Supplements market is segmented on the basis of:
Types
Protein Supplement, Vitamin Supplement, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dog Dietary Supplements, Cat Dietary Supplements, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nutramax Laboratories
- NOW Foods
- FOODSCIENCE CORPORATION
- Only Natural Pet
- Beaphar
- Nutramax Laboratories
Highlights of The Pet Dietary Supplements Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Protein Supplement
- Vitamin Supplement
- Other
- By Application:
- Dog Dietary Supplements
- Cat Dietary Supplements
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Dietary Supplements Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pet dietary supplements are products that are designed to provide specific nutrients or other substances for pets. These supplements can be purchased in pet stores, online, or through catalogs.
Some of the major companies in the pet dietary supplements market are Nutramax Laboratories, NOW Foods, FOODSCIENCE CORPORATION, Only Natural Pet, Beaphar, Nutramax Laboratories.
The pet dietary supplements market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Dietary Supplements Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Dietary Supplements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Dietary Supplements Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Dietary Supplements Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Dietary Supplements Market Size & Forecast, 2018-2028
4.5.1 Pet Dietary Supplements Market Size and Y-o-Y Growth
4.5.2 Pet Dietary Supplements Market Absolute $ Opportunity
Chapter 5 Global Pet Dietary Supplements Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pet Dietary Supplements Market Size Forecast by Type
5.2.1 Protein Supplement
5.2.2 Vitamin Supplement
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Dietary Supplements Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pet Dietary Supplements Market Size Forecast by Applications
6.2.1 Dog Dietary Supplements
6.2.2 Cat Dietary Supplements
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Dietary Supplements Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Dietary Supplements Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pet Dietary Supplements Analysis and Forecast
9.1 Introduction
9.2 North America Pet Dietary Supplements Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pet Dietary Supplements Market Size Forecast by Type
9.6.1 Protein Supplement
9.6.2 Vitamin Supplement
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pet Dietary Supplements Market Size Forecast by Applications
9.10.1 Dog Dietary Supplements
9.10.2 Cat Dietary Supplements
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pet Dietary Supplements Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Dietary Supplements Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pet Dietary Supplements Market Size Forecast by Type
10.6.1 Protein Supplement
10.6.2 Vitamin Supplement
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pet Dietary Supplements Market Size Forecast by Applications
10.10.1 Dog Dietary Supplements
10.10.2 Cat Dietary Supplements
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pet Dietary Supplements Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Dietary Supplements Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pet Dietary Supplements Market Size Forecast by Type
11.6.1 Protein Supplement
11.6.2 Vitamin Supplement
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pet Dietary Supplements Market Size Forecast by Applications
11.10.1 Dog Dietary Supplements
11.10.2 Cat Dietary Supplements
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pet Dietary Supplements Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Dietary Supplements Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pet Dietary Supplements Market Size Forecast by Type
12.6.1 Protein Supplement
12.6.2 Vitamin Supplement
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pet Dietary Supplements Market Size Forecast by Applications
12.10.1 Dog Dietary Supplements
12.10.2 Cat Dietary Supplements
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pet Dietary Supplements Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Dietary Supplements Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pet Dietary Supplements Market Size Forecast by Type
13.6.1 Protein Supplement
13.6.2 Vitamin Supplement
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pet Dietary Supplements Market Size Forecast by Applications
13.10.1 Dog Dietary Supplements
13.10.2 Cat Dietary Supplements
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Dietary Supplements Market: Competitive Dashboard
14.2 Global Pet Dietary Supplements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nutramax Laboratories
14.3.2 NOW Foods
14.3.3 FOODSCIENCE CORPORATION
14.3.4 Only Natural Pet
14.3.5 Beaphar
14.3.6 Nutramax Laboratories
