Reports
Global Pet Supplement Market: By Pet: Dog, Cat, Freshwater Fish, Others; By Type: Multi-Vitamins, Skin and Coat, Hip and Joint, Prebiotics and Probiotics, Calming, Others; By Source; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Pet Supplement Market Outlook
The global pet supplement market attained a value of nearly USD 497 million in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR 7.5% to reach about USD 767 million by 2026.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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 (2018-2022)
8.3 Global Pet Supplement Market Forecast (2023-2028)
8.4 Global Pet Supplement Market by Pet
8.4.1 Dog
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Cat
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Freshwater Fish
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Pet Supplement Market by Type
8.5.1 Multi-Vitamins
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Skin and Coat
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hip and Joint
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Prebiotics and Probiotics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Calming
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Pet Supplement Market by Source
8.6.1 Organic
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Conventional
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Pet Supplement Market by Distribution Channel
8.7.1 Offline
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Online
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global Pet Supplement Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Pet Supplement Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Pet Supplement Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Pet Supplement Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Pet Supplement Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Pet Supplement Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 2028
2. Global Pet Supplement Historical Market: Breakup by Pet (USD Million), 2018-2022
3. Global Pet Supplement Market Forecast: Breakup by Pet (USD Million), 2023-2028
4. Global Pet Supplement Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Pet Supplement Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Pet Supplement Historical Market: Breakup by Source (USD Million), 2018-2022
7. Global Pet Supplement Market Forecast: Breakup by Source (USD Million), 2023-2028
8. Global Pet Supplement Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9. Global Pet Supplement Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10. Global Pet Supplement Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Pet Supplement Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Pet Supplement Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Pet Supplement Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Pet Supplement Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Pet Supplement Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Pet Supplement Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Pet Supplement Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Pet Supplement Market Structure
Key Questions Answered in the Report
The global pet supplement market attained a value of nearly USD 497 million in 2020.
The market is projected to grow at a CAGR of 7.5% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 767 million by 2026.
The market is primarily being driven by the increasing spending on pet care across the globe and the growth in pet adoption.
The market is expected to be positively influenced by the rising endorsements of pet supplements by veterinaries, rising interest in pet nutrition and health, and growing penetration of the industry in the untapped regions for more expansion.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different pets being considered for the industry are dog, cat, and freshwater fish, among others.
The various types of pet supplements in the industry 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 major players in the industry 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 497 million in 2020, 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 2023-2028, growing at a CAGR of 7.5%. The market is projected to reach about USD 767 million by 2026.
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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