Dog Joint Supplements Sales Are Expected to Reach US$ 1,051.2 Million by 2033

The global dog joint supplements market is set to reach a valuation of US$ 544.1 million in 2023 and further expand at a CAGR of 6.8% to reach US$ 1,051.2 million by the end of 2033.
Supplement consumption by adult dog's accounts for more than one-third of the market share and is expected to show high growth during the forecast period. In addition, the market for joint supplements for canines in Europe is to grow with an average Y-o-Y of 6.2% during the forecast period.

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Key Takeaways of Dog Joint Supplements Market

• Growing Demand: There has been a growing demand for dog joint supplements as pet owners become more concerned about joint health and mobility issues in their dogs, particularly in older or large-breed dogs.
• Aging Pet Population: The increasing aging pet population, along with the rising incidence of joint-related problems such as arthritis and hip dysplasia, has contributed to the demand for joint supplements.
• Natural and Nutritional Ingredients: Pet owners are increasingly seeking natural and nutritional ingredients in joint supplements, including glucosamine, chondroitin, omega-3 fatty acids, and antioxidants. These ingredients are believed to support joint health and reduce inflammation.
• Product Variety: The market offers a wide range of dog joint supplements, including chews, tablets, powders, and liquid formulations. This variety allows pet owners to choose the most convenient option for their dogs.
• Vet Recommendations: Veterinary recommendations and endorsements of specific joint supplement brands have played a significant role in driving sales. Pet owners often rely on their veterinarians' advice to select the most suitable supplements for their dogs.
• Online Retail and E-commerce: The rise of online retail and e-commerce platforms has made it easier for pet owners to access a variety of dog joint supplements and compare different brands and products. This has further contributed to market growth.

Competitive Landscape

The dog joint supplements market is a slightly fragmented market around the world. Investments in the R&D sector as well as collaborations with key players are expected to fetch million-dollar opportunities for emerging market entrants. In addition, collaborating with local end-users to increase direct sales will help advance the manufacturers' market penetration.
• In September 2022; Texas-based supplement company, Homescape Pets has announced a vibrant new look to its present product and changed its name from "Calming Relief" to "Daily Thrive".
• In February 2023; Nestle Purina announced a planned acquisition of Red Collar Pet Foods to expand its production capacity and product offering in the pet healthcare and food industry.

Key Companies Profiled:
• Nutramax Laboratories
• Integricare
• Oscar Pet Food
• Vetoquinol
• Zesty Paws
• Pet Naturals
• PetIQ

Segmentation of Dog Joint Supplements Industry Research

• By Life Stage :
o Senior Dogs
o Adult Dogs
o Puppies

• By Form :
o Liquid/Gels/Paste
o Powders
o Tablets
o Soft chewable

• By Sales Channel :

o Online
 E-Commercial Platforms
 Company Owned Websites

o Offline
 Modern Trade Stores/Big Box Retailers
 Pet Specialty Stores
 Vet Clinics
 Vet Pharmacy
 Others Retail Stores (Not Covered Above)

Key Questions Covered in the Dog Joint Supplements Market Report

• What is the projected value of the Dog Joint Supplements factors Industry in 2023?
• At what rate will the global Dog Joint Supplements factors market size grow until 2033?
• Which are the factors hampering the growth of Dog Joint Supplements factors?
• Which region is expected to lead in the global Dog Joint Supplements factors market By 2033?
• Which are the factors driving the Dog Joint Supplements factors Industry during the forecast period?
• What is the expected market value of the Dog Joint Supplements factors market during the forecast period?

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This release was published on openPR.