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
The ๐๐ ๐ฉ๐๐ญ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ, which was valued at ๐๐$ ๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, is on a trajectory of significant growth. Industry forecasts predict that the market will exceed ๐๐$ ๐,๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, demonstrating a compound annual growth rate (๐๐๐๐) ๐จ๐ ๐.๐% during the period from ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- 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 ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐ ๐ฉ๐๐ญ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ฏ๐ข๐ฌ๐ข๐ญ:- https://www.astuteanalytica.com/industry-report/us-pet-supplement-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ฒ๐ฉ๐
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
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/us-pet-supplement-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
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