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The US Pet Supplement Market was valued at US$ 895.91 million in 2023 and is projected to surpass a valuation of US$ 1,475.50 million by 2032 at a CAGR of 5.7% during the forecast period 2024-2032 | Astute Analytica

07-23-2024 08:51 AM CET | Chemicals & Materials

Press release from: Astute Analytica

The US Pet Supplement Market was valued at US$ 895.91 million

The ๐”๐’ ๐ฉ๐ž๐ญ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, which was valued at ๐”๐’$ ๐Ÿ–๐Ÿ—๐Ÿ“.๐Ÿ—๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘, is on a trajectory of significant growth. Industry forecasts predict that the market will exceed ๐”๐’$ ๐Ÿ,๐Ÿ’๐Ÿ•๐Ÿ“.๐Ÿ“๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, demonstrating a compound annual growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ“.๐Ÿ•% during the period from ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž- https://www.astuteanalytica.com/request-sample/us-pet-supplement-market

This robust growth is driven by several factors, including the increasing awareness among pet owners regarding the health and wellness of their pets. The rise in pet adoption rates, coupled with the growing trend of humanization of pets, has led to an upsurge in demand for high-quality pet supplements. These products are designed to enhance the overall health and well-being of pets, addressing issues such as joint health, digestive health, skin and coat health, and immune support.

Furthermore, advancements in pet supplement formulations and the introduction of innovative products are also contributing to market expansion. Companies are investing heavily in research and development to create supplements that cater to specific health needs of pets, ensuring optimal benefits and efficacy.

The market is also benefiting from the increasing availability of pet supplements through various distribution channels, including online platforms, veterinary clinics, pet specialty stores, and retail outlets. The convenience of purchasing products online and the availability of a wide range of options are encouraging pet owners to invest more in the health of their furry companions.

As the US pet supplement market continues to grow, key players are focusing on strategic initiatives such as mergers and acquisitions, partnerships, and new product launches to strengthen their market presence and expand their product portfolios. This competitive landscape is expected to further drive innovation and growth in the market.

Novotech Nutraceuticals, Inc.
VetriScience Laboratories
Virbac Corporation
Zoetis Inc.
Ark Naturals
Kemin Industries, Inc.
Nestlรฉ Purina Pet Care Company
NOW Health Group, Inc.
TruRx LLC
Hill's Pet Nutrition Inc.
WellPet LLC
Blue Buffalo Pet Products Inc.
iVet Professional Formulas
Food Science Corporation
PetAg, Inc.
Garmon Corp
GNC Holdings, LLC
DSM
Nutramax Laboratories, Inc.
PetHonesty
Zesty paws
Bayer AG
WoofWell
Rogue Pet Science
Other Prominent Players

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐”๐’ ๐ฉ๐ž๐ญ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐ฏ๐ข๐ฌ๐ข๐ญ:- https://www.astuteanalytica.com/industry-report/us-pet-supplement-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Chews & Bites
Powder
Liquid
Spray
Others
By Product Type

Glucosamine
Probiotics
Multivitamins
Omega-3 Fatty Acids
Others
By Specialty Type

Joint Health
Digestive Health
Weight Management
Skin and Coat Health
Dental Care
Others
By Application

Dogs
Cats
Horses
Others
By Sales Channel

Convenience Stores
Multi-Brand Stores
Pet Specialty Stores
Online Retailing

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/us-pet-supplement-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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You can edit or delete your press release The US Pet Supplement Market was valued at US$ 895.91 million in 2023 and is projected to surpass a valuation of US$ 1,475.50 million by 2032 at a CAGR of 5.7% during the forecast period 2024-2032 | Astute Analytica here

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