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Veterinary Dietary Supplements Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | C. H. Boehringer Sohn AG & Co. KG, Virbac, Ark Naturals, Beaphar, FoodScience LLC, Nutri-Pet Research Inc
Veterinary Dietary Supplements Global Market
The Business Research Company's Veterinary Dietary Supplements Global Market Report 2023 identifies increase in population of companion and livestock animals is expected to propel the veterinary dietary supplements market going forward. Companion animals include all domesticated animals whose physical, emotional, behavioral, and social requirements can be easily met, such as dogs, cats, and other animals, whereas livestock animals refer to domesticated animals that are raised in an agricultural setting to provide labor and produce commodities such as bovines. In companion and livestock animals, veterinary dietary supplements help to provide a high-nutrient diet to meet the animal's need for proper growth and development.
The global veterinary dietary supplements market size is expected to grow from $2.03 billion in 2022 to $2.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The veterinary dietary supplements market size is expected to grow to $3.23 billion in 2027 at a CAGR of 9.8%.
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Major players in the veterinary dietary supplements market are C. H. Boehringer Sohn AG & Co. KG, Virbac, Ark Naturals, Beaphar, FoodScience LLC, Nutri-Pet Research Inc., CEVA Logistics, Canna Companion, NOW Foods, Nestle S.A., Nutramax Laboratories Inc., Orion Corporation, Zydus Animal Health and Investments Limited, Krka d. d. Novo mesto, Animalcare Limited, Ourofino Saúde Animal, and Eco Animal Health Group plc.
A key trend in the Veterinary Dietary Supplements market includes the product innovation is a key trend in the veterinary dietary supplements market. Major companies operating in the veterinary dietary supplements market are concentrating on creating new product solutions to boost their market position.
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The Veterinary Dietary Supplements market is segmented -
1) By Type: Omega 3 Fatty Acids, Proteins and Peptides, Multivitamins and Minerals, Probiotics and Prebiotics, Other Types (Antioxidants)
2) By Dosage Form: Tablets and Capsules, Chewables, Powders, Liquids, Other Dosages (Injectables, Paste)
3) By Distribution Channel: Online or E-commerce, Offline
4) By Application: Joint Health Support, Calming or Stress or Anxiety, Digestive Health, Energy and Electrolytes, Immunity Support, Skin and Coat Health, Other Applications (Kidney, Urinary Tract, Liver, Cardiovascular, Weight Management)
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Veterinary Dietary Supplements market.
The Business Research Company's "Global Veterinary Dietary Supplements Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Veterinary Dietary Supplements Market Include:
1. Executive Summary
2. Veterinary Dietary Supplements Market Characteristics
3. Veterinary Dietary Supplements Market Trends And Strategies
4. Veterinary Dietary Supplements Market - Macro Economic Scenario
5. Veterinary Dietary Supplements Market Size And Growth
……
27. Veterinary Dietary Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Veterinary Dietary Supplements Market
29. Veterinary Dietary Supplements Market Future Outlook and Potential Analysis
30. Appendix
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