Market Overview:
The global pets vitamins and supplements market is expected to register a CAGR of 6.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing trend of pet humanization, rising disposable income, and growing awareness about the benefits of pet vitamins and supplements. Based on type, the global pets vitamins and supplements market is segmented into dog, cats, horse, and others. The dog segment is expected to account for a major share in terms of revenue in 2018. This can be attributed to the increasing trend of pet humanization across the globe coupled with rising disposable income levels in developed countries such as U.S., Canada, Germany France Italy Spain etc., which has led to an increase in spending on premium food products for dogs including dietary supplements/vitamins/minerals etc., thereby driving demand for these products over traditional feed options available in these regions. Based on application type; eye care (including prevention against cataracts), dental care (prevention against gum diseases), hip & joint care (arthritis prevention), brain & heart care (protection from cognitive decline & heart disease respectively) general nutrition are some key segments covered under this study .
Product Definition:
Pets Vitamins and Supplements are products that are designed to improve the health of pets. They can include vitamins, minerals, herbs, and other nutrients. The importance of Pets Vitamins and Supplements depends on the specific product. Some may help improve overall health, while others may be specifically targeted at problems such as joint pain or skin allergies.
Dog:
Dog is the most popular pet in the U.S., with an estimated 85 million households having at least one dog as of 2016. Dogs are increasingly being used for therapeutic purposes, both physically and mentally, which has resulted in increased demand for pet vitamins and supplements over the past few years.
Dogs help improve cardiovascular health by reducing hypertension and cholesterol levels along with lowering stress level which makes them a better companion for people suffering from similar conditions.
Cats:
Cats and it's usage in pets vitamins and supplements is a dietary supplement that is used to provide nutritional support to cats. It helps in maintaining the overall health of cats by enhancing their immune system, helping them fight off infections, purifying their blood, supporting healthy digestion and eliminating toxins from the body.
Application Insights:
The general nutrition segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. General nutrition includes vitamins and supplements required for maintaining a healthy lifestyle. These include protein, carbohydrates, fats, minerals, water and other nutrients required by man for a normal day-to-day life.
Dogs are considered as one of the most important members of the family due to their loyalty and affectionate nature. They have been serving as pets to humans for centuries; however, in recent years there has been an increase in dog ownership across all age groups especially among millennials who treat dogs like another child. This trend is expected to drive demand for pet care which includes providing proper diet along with necessary vitamins that will help maintain good health during aging process (of dogs).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing pet ownership, high expenditure on veterinary care and nutritious diet for pets. According to a survey conducted by the North American Pet Health Insurance Association (NAPHIA), around 60% of U.S.-based insured households had a dog while 47% had a cat in 2016. Moreover, according to Packaged Facts, spending on veterinary healthcare accounted for USD X billion in 2015 and is expected to reach USD X billion by 2020 accounting for an increase of over 25%. Increasing awareness about nutritional requirements among pets is also driving demand from this region.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing population especially in China.
Growth Factors:
- Increasing pet ownership: The global pet population is expected to grow at a CAGR of 3.8% from 2019 to 2025, reaching 862 million by 2025. This growth in the pet population will lead to an increase in demand for pet products and services, including vitamins and supplements.
- Rising awareness about the benefits of vitamins and supplements for pets: There is a growing awareness among pet owners about the benefits of vitamins and supplements for their pets. This is driving demand for these products, as more people seek to improve the health of their pets through supplementation.
- Growing trend of premiumization in the pet industry: A key trend in the global pet industry is premiumization, with consumers increasingly willing to pay more for high-quality products and services that cater to their specific needs or preferences (e.g., organic food, natural ingredients). This trend is also being seen in the vitamin and supplement market for pets, with consumers demanding better quality products with more features/benefits than traditional options available on store shelves today .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pets Vitamins and Supplements Market Research Report
By Type
Dog, Cats, Horse, Others
By Application
Eye Care, Dental Care, Hip and Joint Care, Brain and Heart Care, General Nutrition, Others
By Companies
Virbac, Zoetis, Vetoquinol, Nutramax, Nestle Purina, NOW Foods, Bayer, Foodscience, Manna Pro Products, Ark Naturals, Blackmores, Mavlab, Vetafarm, Zesty Paws, Nuvetlabs, Nupro Supplements
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Pets Vitamins and Supplements Market Report Segments:
The global Pets Vitamins and Supplements market is segmented on the basis of:
Types
Dog, Cats, Horse, Others
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
Eye Care, Dental Care, Hip and Joint Care, Brain and Heart Care, General Nutrition, Others
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:
- Virbac
- Zoetis
- Vetoquinol
- Nutramax
- Nestle Purina
- NOW Foods
- Bayer
- Foodscience
- Manna Pro Products
- Ark Naturals
- Blackmores
- Mavlab
- Vetafarm
- Zesty Paws
- Nuvetlabs
- Nupro Supplements
Highlights of The Pets Vitamins and 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:
- Dog
- Cats
- Horse
- Others
- By Application:
- Eye Care
- Dental Care
- Hip and Joint Care
- Brain and Heart Care
- General Nutrition
- Others
- 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 Pets Vitamins and 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
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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?
Pets vitamins and supplements are products that are designed to provide nutritional support for pets. These products can be used to help improve the health of your pet, or they can be used as a preventative measure against certain diseases.
Some of the key players operating in the pets vitamins and supplements market are Virbac, Zoetis, Vetoquinol, Nutramax, Nestle Purina, NOW Foods, Bayer, Foodscience, Manna Pro Products, Ark Naturals, Blackmores, Mavlab, Vetafarm, Zesty Paws, Nuvetlabs, Nupro Supplements.
The pets vitamins and supplements market is expected to grow at a compound annual growth rate of 6.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pets Vitamins and 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 Pets Vitamins and Supplements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pets Vitamins and 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 Pets Vitamins and 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 Pets Vitamins and Supplements Market Size & Forecast, 2020-2028
4.5.1 Pets Vitamins and Supplements Market Size and Y-o-Y Growth
4.5.2 Pets Vitamins and Supplements Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Dog
5.2.2 Cats
5.2.3 Horse
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Eye Care
6.2.2 Dental Care
6.2.3 Hip and Joint Care
6.2.4 Brain and Heart Care
6.2.5 General Nutrition
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pets Vitamins and 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 Pets Vitamins and 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Dog
9.6.2 Cats
9.6.3 Horse
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Eye Care
9.10.2 Dental Care
9.10.3 Hip and Joint Care
9.10.4 Brain and Heart Care
9.10.5 General Nutrition
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Dog
10.6.2 Cats
10.6.3 Horse
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Eye Care
10.10.2 Dental Care
10.10.3 Hip and Joint Care
10.10.4 Brain and Heart Care
10.10.5 General Nutrition
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Dog
11.6.2 Cats
11.6.3 Horse
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Eye Care
11.10.2 Dental Care
11.10.3 Hip and Joint Care
11.10.4 Brain and Heart Care
11.10.5 General Nutrition
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Dog
12.6.2 Cats
12.6.3 Horse
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Eye Care
12.10.2 Dental Care
12.10.3 Hip and Joint Care
12.10.4 Brain and Heart Care
12.10.5 General Nutrition
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Dog
13.6.2 Cats
13.6.3 Horse
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Eye Care
13.10.2 Dental Care
13.10.3 Hip and Joint Care
13.10.4 Brain and Heart Care
13.10.5 General Nutrition
13.10.6 Others
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 Pets Vitamins and Supplements Market: Competitive Dashboard
14.2 Global Pets Vitamins and Supplements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Virbac
14.3.2 Zoetis
14.3.3 Vetoquinol
14.3.4 Nutramax
14.3.5 Nestle Purina
14.3.6 NOW Foods
14.3.7 Bayer
14.3.8 Foodscience
14.3.9 Manna Pro Products
14.3.10 Ark Naturals
14.3.11 Blackmores
14.3.12 Mavlab
14.3.13 Vetafarm
14.3.14 Zesty Paws
14.3.15 Nuvetlabs
14.3.16 Nupro Supplements
