Pet Prebiotics Market: Trends, Growth Drivers, and Forecast Insights

The global pet prebiotics market, valued at USD 185.0 million in 2019, grew at a CAGR of 8.3% between 2019 and 2023, reaching an estimated USD 285.3 million by 2024. Looking forward, the market is projected to expand at a CAGR of 10.5%, with sales anticipated to reach USD 774.3 million by 2034.

The pet prebiotics market is experiencing rapid growth due to increasing awareness among pet owners about the importance of digestive health. Prebiotics are non-digestible fibers that promote the growth of beneficial gut bacteria, supporting overall wellness in pets. This demand is driven by the rising pet ownership worldwide, coupled with the growing trend of premium pet food products that prioritize health and wellness.

Factors such as an increase in pet humanization and a shift toward functional pet food products are influencing market dynamics. Manufacturers are innovating by incorporating prebiotics into a variety of pet foods and supplements, catering to the demand for natural and functional ingredients. The expanding veterinary industry is also playing a role, with vets recommending prebiotics for improved digestive and immune health in pets.

"The pet prebiotics market is rapidly evolving as pet owners prioritize digestive health and wellness. However, overcoming challenges such as high costs and limited consumer awareness is essential to unlock the market's full growth potential in the coming years"- says Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Drivers of Pet Prebiotics Market

Rising Pet Adoption Rates: The increasing number of households adopting pets is driving demand for pet prebiotics as owners seek to improve their pets' health and well-being.

Focus on Pet Health and Nutrition: Growing awareness of the importance of gut health in pets has led to increased demand for prebiotics, which support digestive health and strengthen the immune system.

Humanization of Pets: Pet owners are treating their pets as part of the family, leading to higher spending on premium and functional pet food products, including prebiotics.

Growth in Pet Supplement Market: The overall expansion of the pet supplement industry is fueling the demand for prebiotics, as they are increasingly included in pet food formulations.

Advancements in Pet Food Technology: Innovation in pet food production has enabled the incorporation of functional ingredients like prebiotics, boosting their use in everyday pet diets.

Rising Incidence of Pet Gastrointestinal Issues: With more pets experiencing digestive problems, prebiotics are becoming a popular solution to improve gut health and prevent common gastrointestinal disorders.

Challenges Faced by pet prebiotics market

High Product Costs: Prebiotics are often more expensive than standard pet food ingredients, making them less accessible for budget-conscious pet owners, limiting widespread adoption.

Lack of Consumer Awareness: Many pet owners are still unfamiliar with the benefits of prebiotics for pet health, which hinders market growth due to limited demand.

Regulatory Barriers: The pet food industry faces stringent regulations, and prebiotic products often require approval or certification, leading to longer product development cycles and higher compliance costs.

Limited Scientific Evidence: Although there is growing research on the benefits of prebiotics for pets, the market still faces skepticism due to limited large-scale studies proving their long-term effectiveness.

Competition from Probiotics: Probiotics, which are often more well-known, compete directly with prebiotics in the pet supplements market, diverting consumer attention and spending.

Leading Companies

Alltech, Inc

DSM Nutritional Products AG

Vetanco

Nestlé Purina PetCare

Mars Petcare

Hill's Pet Nutrition

Blue Buffalo

Royal Canin

Chr. Hansen

Beneo

Others

In-Depth Market Analysis, A Complete Report: https://www.futuremarketinsights.com/reports/pet-prebiotics-market

Key Segments of Pet Prebiotics Report

By Pet Type:

As per Pet Type, the industry has been categorized into Dog & Cat.

By Form:

As per Form, the industry has been categorized into Pills / Tablets, Chewables, Powder, Liquid / Syrup, Paste / Gel and Others.

By Availability:

As per Availability, the industry has been categorized into Prescription-based and Over-the-counter (OTC).

By Sales Channel:

As per Sales Channel, the industry has been categorized into Store-based Retailing (Hypermarkets/Supermarkets, Convenience Stores, Pet Stores, Discounters, Independent Grocery Retailers, Drugstores) and Online Retailers (Company Website, E-commerce Platform, Hyperlocal Delivery).

By Nature:

As per Nature, the industry has been categorized into Organic and Conventional.

By Application:

As per Application, the industry has been categorized into Gastrointestinal Health, Immune System Support, Skin & Coat Health, Stress & Anxiety Reduction, Weight Management, Allergy Management, Dental Health and Joint Health.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Western Europe Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and Middle East & Africa.

Related Reports

Pet Care Market: https://www.futuremarketinsights.com/reports/global-pet-care-market

Pet Food Microalgae Market: https://www.futuremarketinsights.com/reports/microalgae-pet-food-sector

Plant-Based Pet Food Market: https://www.futuremarketinsights.com/reports/plant-based-pet-food-market

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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.