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Pet Oral Care Products Market to Achieve 6.8% CAGR Through 2031: Innovations Drive Demand

07-29-2024 08:32 PM CET | Consumer Goods & Retail

Press release from: Transparency Market Research

Pet Oral Care Products Market

Pet Oral Care Products Market

The global pet oral care products market (5대 구강 관리 제품 시장) was valued at US$ 2.0 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2031, reaching an estimated US$ 3.6 billion by the end of the forecast period. This growth is primarily driven by the increasing incidence of dental diseases in pets, which has heightened awareness of the importance of oral health in overall pet well-being.

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Key Market Drivers
1. Rising Incidence of Dental Diseases in Pets Dental diseases such as periodontal disease, gingivitis, and tooth fractures are prevalent among pets, particularly dogs and cats. According to the American Veterinary Medical Association (AVMA), approximately 70% of cats and 80% of dogs exhibit signs of periodontal disease by the age of three. These conditions can lead to severe health complications, including organ failure, if left untreated. As a result, there is a growing demand for pet oral care products designed to prevent and treat these issues.

2. Importance of Preventive Care and Routine Veterinary Inspections Routine veterinary inspections and preventive home care are crucial for maintaining pet oral health. These practices not only help prevent bad breath but also reduce the risk of serious dental diseases. The increasing awareness among pet owners about the benefits of regular dental care is propelling the demand for products such as dental chews, toothpaste, toothbrushes, dental wipes, and water additives.

3. Increase in Pet Ownership The surge in pet ownership, especially in urban areas, is significantly contributing to the growth of the pet oral care products market. Urban dwellers are more likely to invest in preventive healthcare measures for their pets, recognizing the close bond between their pets' health and their own well-being. This trend is leading to a higher demand for pet oral care products that address dental hygiene issues effectively.

4. Development of High-Quality and Innovative Products Manufacturers are focusing on developing innovative pet oral care products to expand their market presence. Companies are introducing alternative products such as dental wipes and water additives to cater to the diverse needs of pet owners. This emphasis on innovation offers lucrative opportunities for market players, enabling them to capture a larger share of the market.

𝗖𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘃𝗶𝗲𝘄 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝗻 𝗳𝘂𝗹𝗹 𝗱𝗲𝘁𝗮𝗶𝗹 - https://www.transparencymarketresearch.com/pet-oral-care-products-market.html

Regional Insights
North America North America held the largest market share in 2022, both in terms of volume and value. This dominance is attributed to the high rate of pet ownership, increased awareness of dental health issues among pets, and the availability of well-established distribution channels. The region's high disposable income and pet owners' acceptance of oral care products further fuel market growth.

Asia Pacific The Asia Pacific region is expected to witness significant growth during the forecast period. Factors driving this growth include the rising pet population, increasing disposable income, and growing awareness of pet health. The region's expanding pet insurance market and rapid development of new products also contribute to the market's expansion. The increasing inclination toward pet oral care products is reflected in the growing use of dental chews and other oral hygiene supplies.

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Competitive Landscape
Leading companies in the pet oral care products market (5つのオーラルケア製品市場) are investing heavily in research and development to introduce innovative products. Key strategies adopted by manufacturers include expanding product portfolios and engaging in mergers and acquisitions. Prominent players in the market include:
• Dechra Pharmaceuticals plc.
• Kane Biotech, Inc. (Bluestem Oral Care)
• Virbac Group
• Goran Pharma
• Nestle S.A (Purina)
• Imrex
• Central Garden & Pet Company
• Cosmos Corporation (TropiClean Pet Products)
• Colgate-Palmolive Company (Hill's Pet Nutrition)
• Vetoquinol Group

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About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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