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Pet Dietary Supplements Market

Pet Dietary Supplements Market

Pet Dietary Supplements Market Global Industry Assessment & Forecast

# Pages:

155

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0482

Segments Covered
  • By Type Dogs, Cats, Others
  • By Distribution Channel Offline, Online
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 1.47 Billion
Revenue 2028Revenue 2028: 2.17 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 5
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Pet Dietary Supplements market was valued at USD 1.47 Billion in 2020 and is projected to reach USD 2.17 Billion by 2028, growing at a CAGR of 5% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 2.17 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 5%

Definition and Overview

Animal dietary supplements are feed supplements used in conjunction with animal food to improve the nutritive balance or performance of the animal food consumed.


The global Pet Dietary Supplements market is segmented based on by Type, Distribution Channel, regions, and countries. The regional segmentation provides current and forecast demand across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed on the basis of present and future trends. Rising demand for Pet Dietary Supplements  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively. The report provides comprehensive analysis of the market based on drivers, restraints, opportunities, trends, competition, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

Yearly Infographics 1.47 Billion 2.17 Billion

Global Pet Dietary Supplements Market: COVID-19 Impact Analysis

The COVID-19 pandemic is affecting industries worldwide and the global economy took hit in 2020 and likely in 2021 as well. The outbreak created disruptions in industries such as semiconductor, consumer electronics, travel, and automotive, among others. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Market Insights

The aminal vitamins that are natural and organic are becoming popular across the world and is expected to support the growth of the market during the forecast period.

The increasing spending on pet care across the globe and the growth in pet adoption is further supporting the growth of the market in the years to come.

The lack of awareness regarding pet food and supplements is expected to hamper the growth of the market in the years to come.

Global Pet Dietary Supplements Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Type, Distribution Channel
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Virbac, Nestlé Purina Pet Care, VetriScience Laboratories, Ark Naturals, Novotech Neutraceuticals, Kemin Industries, NOW Foods, Zoetis.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Type  Analysis: Preview

On the basis of Type, the market is segmented into Dogs, Cats, Others. Dogs  held the leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the forecast timespan. This is due to the increasing adoption of Dogs in emerging economies in Asia Pacific region.

Distribution Channel Analysis: Preview

Based on Distribution Channel, the market is segmented into Offline, Online. Online accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Pet Dietary Supplements Market: Type Segment Analysis

    • Dogs
    • Cats
    • Others

Global Pet Dietary Supplements Market: Distribution Channel Segment Analysis

    • Offline
    • Online

Regional Analysis Preview

On the basis of region, the global Pet Dietary Supplements market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region held the largest share of the global Pet Dietary Supplements market in 2020. Some of the major countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. U.S. is one of the most profitable countries for companies operating in the market. 

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Pet Dietary Supplements Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of various small, medium, and large sized players spread across all the regions. Some of the key companies operating in the global Pet Dietary Supplements market are Virbac, Nestlé Purina Pet Care, VetriScience Laboratories, Ark Naturals, Novotech Neutraceuticals, Kemin Industries, NOW Foods, Zoetis.. The report provides company market share analysis which gives a comprehensive overview of the key competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

FAQ
Frequently Asked Question
  • The global Pet Dietary Supplements valued at 1.47 Billion in 2020 and is expected to reach 2.17 Billion in 2028 growing at a CAGR of 5%.

  • The prominent players in the market are Virbac, Nestlé Purina Pet Care, VetriScience Laboratories, Ark Naturals, Novotech Neutraceuticals, Kemin Industries, NOW Foods, Zoetis..

  • The market is project to grow at a CAGR of 5% between 2021 and 2028.

  • The driving factors of the Pet Dietary Supplements include

    • The aminal vitamins that are natural and organic are becoming popular across the world and is expected to support the growth of the market during the forecast period.
    • The increasing spending on pet care across the globe and the growth in pet adoption is further supporting the growth of the market in the years to come.

  • North America was the leading regional segment of the Pet Dietary Supplements in 2020.