Press release
Global Veterinary Dietary Supplements Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Veterinary Dietary Supplements Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Veterinary Dietary Supplements Market Size Expected to Be by 2034?
In recent times, there has been a substantial growth in the market size of veterinary dietary supplements. It is projected that this market will expand from a valuation of $2.41 billion in 2024 to a worth of $2.63 billion in 2025, registering an annual growth rate of 9.2%. This growth during the past years may be linked to factors such as the rise in pet ownership, advice from veterinarians, treating pets on par with humans, awareness about pet obesity, access to specialized supplement formulations, and advancements in the science of pet nutrition.
The market size of veterinary dietary supplements is set to experience swift expansion in the coming years. It's projected to reach a value of $4.08 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.6%. The expected growth during the forecast period is due to factors such as personalized health solutions for pets, increased pet population, the proliferation of e-commerce, attention to specific health issues, surge in expenditure for preventive healthcare, advancements in nutraceuticals, and a comprehensive approach to pet care. Other influential trends predicted for the forecast period are the use of natural and organic components, the widening of distribution channels, joint health supplements aimed towards elderly pets, research advancements in animal nutrition, adherence to regulations and standards, and collaborations and partnerships in the sector.
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What Are the Emerging Segments Within the Veterinary Dietary Supplements Market?
The veterinary dietary supplements market covered in this report 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, And 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)
Subsegments:
1) By Omega 3 Fatty Acids: Fish Oil, Flaxseed Oil, Algal Oil
2) By Proteins And Peptides: Whey Protein, Casein Protein, Pea Protein, Collagen Peptides
3) By Oil, Treats, Capsules
4) By Multivitamins And Minerals: Complete Multivitamins, Specific Mineral Supplements, Herbal Blend Formulations
5) By Probiotics And Prebiotics: Probiotic Powders, Probiotic Chews, Prebiotic Fibers
6. By Other Types (Antioxidants): Vitamin E, Coenzyme Q10, Green Tea Extract, Selenium
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What Long-Term Drivers Are Shaping Veterinary Dietary Supplements Market Trends?
The veterinary dietary supplements market is projected to gain momentum due to the growing population of both companion and livestock animals. Companion animals are domesticated creatures, such as dogs, cats, and others, whose needs can be easily addressed, ranging from physical to emotional, behavioral, and social aspects. Livestock animals, on the other hand, are domesticated for agricultural purposes, providing labor and products like bovines. Veterinary dietary supplements are significant in both companion and livestock animals as they supply a nutrient-dense diet that supports the animals' proper growth and development. For example, the USDA Economic Research Service (ERS) reported in February 2022 that there were about 91.9 million beef/cattle, 5.06 million lamb/sheep in the United States. Additionally, total pork exports are projected to reach $8.88. Thus, the escalating population of both companion and livestock animals contributes to the expansion of the veterinary dietary supplements market.
Who Are the Top Competitors in Key Veterinary Dietary Supplements Market Segments?
Major companies operating in the veterinary dietary supplements market are C H Boehringer Sohn AG & Co KG, Virbac, Ark Naturals, Beaphar, FoodScience LLC, Nutri-Pet Research Inc., Canna Companion, Nestle S.A., Nutramax Laboratories Inc., Zydus Animal Health and Investments Limited, Krka d.d. Novo mesto, Animalcare Limited, Ourofino Saúde Animal, Eco Animal Health Group PLC, VetriScience Laboratories, Vetoquinol, Kyoritsu Seiyaku Corporation, Bayer Animal Health, Dechra Pharmaceuticals PLC, Heska Corporation, Mars Incorporated, Norbrook Laboratories Limited, Zoetis Inc., Bioiberica S.A.U., Bimeda Inc.
What Veterinary Dietary Supplements Market Trends Are Gaining Traction Across Different Segments?
Major corporations in the veterinary dietary supplements market are concentrating their efforts on product innovation, especially in the area of wellness supplements, in order to deliver trustworthy services to their clientele. Wellness Supplements, conceived as the premier range of pet supplements, are intended to boost the health and wellbeing of dogs and come in five different types. Taking January 2023 as an example, Wellness Pet Company, an enterprise specialized in pet food based in the US, launched Wellness Supplements. These supplements come in five different formulations, namely move health supplements, calm health supplements, shield health supplements, belly health supplements, and shine supplements. Composed of first-rate ingredients and a vast array of delicious flavors, these supplements encourage healthy digestion, strengthens the immune system and aids in the management of seasonal allergies, while promoting healthy skin and coat for dogs.
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Which Regions Are Becoming Hubs for Veterinary Dietary Supplements Market Innovation?
Asia-Pacific was the largest region in the veterinary dietary supplements market in 2024. The regions covered in the veterinary dietary supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Veterinary Dietary Supplements Market?
2. What is the CAGR expected in the Veterinary Dietary Supplements Market?
3. What Are the Key Innovations Transforming the Veterinary Dietary Supplements Industry?
4. Which Region Is Leading the Veterinary Dietary Supplements Market?
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