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Veterinary Dietary Supplements Market by Animal Type (Companion animals, Livestock animals), by Product Type (Multivitamins & minerals, Omega-3 fatty acids, Probiotics & prebiotics, Proteins & peptides, Cannabidiol (CBD), Antioxidants, Other product types), by Dosage Form (Pills/ tablets, Powders, Chewables, Liquids, Other dosage forms), by Application (Joint health support, Calming/ stress/ anxiety, Digestive health, Weight management, Immunity support, Skin & coat health, Other applications), by Distribution Channel (Online channels, Offline channels), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, The Netherlands, Rest of Europe), by Asia Pacific (Japan, China, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Veterinary Dietary Supplements Market was valued at USD 4.4 Billion in 2023 and is projected to reach USD 6.97 Billion by 2032, with an expected CAGR of 6.8% during the forecast period. The Veterinary Dietary Supplements market specializes in creating and delivering nutritional products that promote the health and wellness of pets and livestock. This market offers various supplements like vitamins, minerals, amino acids, fatty acids, probiotics, and herbal products for specific health needs or overall well-being improvement. Rising awareness among pet caregivers regarding the significance of preventive healthcare and the increasing phenomenon of humanizing pets are fueling the need for these supplements. Veterinary supplements aid in the management of different conditions such as joint health, digestive problems, skin issues, and immunity through delivering specific nutritional support. The growth of the pet ownership trend in urban areas, combined with the growing emphasis on animal health in veterinary services, is contributing to the expansion of the market. Moreover, an increasing number of consumers are being drawn to these supplements due to the rising utilization of natural and organic components. Anticipated growth in the Veterinary Dietary Supplements market is attributed to increasing consumer demand for top-notch, scientifically supported nutritional items for animals, leading to a focus on enhancing animal health.
The market remains moderately concentrated, with prominent players retaining a substantial market share. Ongoing innovations encompass advancements in formulations, including probiotics, prebiotics, and botanical extracts. Regulatory oversight continues to be a cornerstone in ensuring product safety and quality. The customer base remains diverse, spanning companion animal owners and livestock farmers alike. Notable mergers and acquisitions have been observed, resulting in enhanced market consolidation.
Market drivers include the growing prevalence of companion animals and livestock, increased pet healthcare spending, and manufacturers' expanding product offerings. Functional supplements, such as joint support and probiotics, are witnessing increasing demand. E-commerce platforms have emerged as key distribution channels, providing convenience and a wider product selection.
The report provides comprehensive insights into the Veterinary Dietary Supplements Market, including:
The market has experienced consistent growth in recent years, spurred by the rising demand for pet healthcare solutions. Major market players have diversified their product portfolios and invested heavily in R&D to meet the growing market needs. The market is projected to maintain its growth momentum throughout the forecast period.
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Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.8% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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