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Pet Supplement Market

Global Pet Supplement Market Analysis, Share, Forecast: By Pet: Dog, Cat, Freshwater Fish, Others; By Type: Multi-Vitamins, Skin and Coat, Hip and Joint, Prebiotics and Probiotics, Calming, Others; By Source: Organic, Conventional; By Distribution Channel: Offline, Online; Regional Analysis; Competitive Landscape; 2024-2032

Global Pet Supplement Market Outlook

The global pet supplement market attained a value of nearly USD 617.43 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR 7.5% to reach about USD 1,183.71 million by 2032.

 

Global Pet Supplement Market

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Increase in the Pet Adoption to Boost the Market Growth of Pet Supplement

The pet supplement industry is primarily driven by the increasing spending on pet care across the globe, and the overall growth in pet adoption. The market has further been positively influenced by the penetration of social media platforms, in developing countries, which promote the enhanced well-being of the pet owner. Further, rising disposable incomes, coupled with the increasing willingness of pet owners to spend more money on their pets’ food, is also catalysing the market growth of pet supplement. In addition to this, key players in the industry are constantly incorporating new methods or technologies to enhance their output as well as the quality of the pet supplements, thereby offering solutions that are more effective, better tasting, durable, and cure many health issues of pets. This is expected to facilitate the market growth over the forecast period.

 

Pet Supplement: Market Segmentation

Pet supplements generally refer to complementary pet food products made from plants or/and animal raw materials containing concentrated sources of nutrients to compensate for vitamin, protein, or mineral deficiencies, and it offers additional nutrients or functional ingredients. These pet supplements make for a vast range of snacks and treats for pets. It provides essential nutrients and promotes the overall well-being of pets, including dogs, cats, birds, reptiles, and others.

 

Global Pet Supplement Market by Segment

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The market can be broadly categorised on the basis of pets:

  • Dog
  • Cat
  • Freshwater fish
  • Other

The major types of pet supplements are:

  • Multi-Vitamins
  • Skin and Coat
  • Hip and Joint
  • Prebiotics and Probiotics
  • Calming
  • Others

On the basis of source, the market is segmented into:

  • Organic
  • Conventional

By distribution channel, the market is categorised into:

  • Offline
  • Online

The EMR report looks into regional markets of pet supplement like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Pet Supplement Market by Region

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Increasing Pet Adoption and Rising Concern for Animal Welfare to Augment the Market Growth

The pet supplement industry is being driven by the rising trend towards pet humanisation. Many pet owners are actively seeking to purchase high-quality, premium products for their pets. Further, the COVID-19 induced lockdowns further promoted the adoption of pets, since people felt isolated due to social distancing and during lockdowns. This rising adoption of pets influenced the demand for pet supplements positively, further promoting the market growth. Moreover, the increasing endorsements of veterinary supplements for the preservation of overall pet wellbeing are also boosting the pet supplement industry.

Furthermore, the trend of petting reptiles such as anole, leopard gecko, bearded dragon, tortoise, and turtle has increased substantially, due to their advantages like no shedding of fur, low maintenance, and no need for training. This has also propelled the market growth. The common belief among millennials, who make up the majority of pet owners, is that pets should be treated like little children, which has resulted in the rising demand for dietary supplements. Additionally, herbs and superfoods are being included in pet supplements, which is expected to help the market growth over the forecast period. Further, increasing consumer awareness regarding pet supplements and rising preference for organic pet food is also boosting the growth of the pet supplement industry.

 

Key Industry Players in the Global Pet Supplement Market

The report presents a detailed analysis of the following key players in the global pet supplement market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Ark Naturals Company
  • Nutramax Laboratories, Inc.
  • Kemin Industries, Inc.
  • Nestle S.A
  • Virbac 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Pet 
  • Type
  • Source
  • Distribution Channel
  • Region
Breakup by Pet
  • Dog
  • Cat
  • Freshwater Fish
  • Others
Breakup by Type
  • Multi-Vitamins
  • Skin and Coat
  • Hip and Joint
  • Prebiotics and Probiotics
  • Calming
  • Others
Breakup by Source
  • Organic
  • Conventional
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ark Naturals Company
  • Nutramax Laboratories, Inc.
  • Kemin Industries, Inc.
  • Nestle S.A
  • Virbac 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface        
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Pet Supplement Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Pet Supplement Historical Market (2018-2023) 
    8.3    Global Pet Supplement Market Forecast (2024-2032)
    8.4    Global Pet Supplement Market by Pet 
        8.4.1    Dog
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Cat
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Freshwater Fish
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Pet Supplement Market by Type
        8.5.1    Multi-Vitamins
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Skin and Coat
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Hip and Joint
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Prebiotics and Probiotics
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Calming
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Pet Supplement Market by Source
        8.6.1    Organic
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Conventional
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032) 
    8.7    Global Pet Supplement Market by Distribution Channel
        8.7.1    Offline
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Online
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
    8.8    Global Pet Supplement Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America Pet Supplement Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Pet Supplement Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Pet Supplement Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Pet Supplement Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Pet  Supplement Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Ark Naturals Company
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Nutramax Laboratories, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3     Kemin Industries, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Nestle S.A
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Virbac 
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Pet Supplement Market: Key Industry Highlights, 2018 and 2032
2.    Global Pet Supplement Historical Market: Breakup by Pet (USD Million), 2018-2023
3.    Global Pet Supplement Market Forecast: Breakup by Pet (USD Million), 2024-2032
4.    Global Pet Supplement Historical Market: Breakup by Type (USD Million), 2018-2023
5.    Global Pet Supplement Market Forecast: Breakup by Type (USD Million), 2024-2032
6.    Global Pet Supplement Historical Market: Breakup by Source (USD Million), 2018-2023
7.    Global Pet Supplement Market Forecast: Breakup by Source (USD Million), 2024-2032
8.    Global Pet Supplement Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9.    Global Pet Supplement Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032 
10.    Global Pet Supplement Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Pet Supplement Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Pet Supplement Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Pet Supplement Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Pet Supplement Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Pet Supplement Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Pet Supplement Market Forecast: Breakup by Country (USD Million), 2024-2032 
22.    Global Pet Supplement Market Structure

Key Questions Answered in the Report

The market attained a value of approximately USD 617.43 million in 2023.

The market is projected to grow at a CAGR of 7.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1,183.71 million by 2032.  

The market is primarily being driven by the increasing spending on pet care across the globe and the growth in pet adoption.

The key trends in the market include the rising endorsements of pet supplements by veterinaries, increasing interest in pet nutrition and health, and growing promotions of various pet supplements.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant pets in the market are dog, cat, and freshwater fish, among others.

The various types of pet supplements in the market are multi-vitamins, skin and coat, hip and joint, prebiotics and probiotics, and calming, among others.

The major sources of pet supplements are organic and conventional.

The significant distribution channels in the market are offline and online.

The key players in the global pet supplement market are Ark Naturals Company, Nutramax Laboratories, Inc., Kemin Industries, Inc., Nestle S.A, and Virbac, among others.

Analyst Review

The global pet supplement market attained a value about USD 617.43 million in 2023, driven by the rising endorsements of pet supplements by veterinaries. Aided by rising interest in pet nutrition and health, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.5%. The market is projected to reach about USD 1,183.71 million by 2032.  

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on pets, the global pet supplement industry can be segmented into dog, cat, and freshwater fish, among others. By type, the industry is divided into multi-vitamins, skin and coat, hip and joint, prebiotics and probiotics, and calming, among others. On the basis of sources, the industry is bifurcated into organic and conventional. On the basis of distribution channels, the industry is divided into online and offline. The major regional markets for pet supplement are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ark Naturals Company, Nutramax Laboratories, Inc., Kemin Industries, Inc., Nestle S.A, and Virbac, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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