Pet Supplements Market to Reach $4.68 Billion by 2032
Meticulous Research®—a
leading global market research company, published a research report
titled ‘Pet Supplements Market—Global Opportunity Analysis and Industry
Forecast (2025-2032)’. According to this latest publication from Meticulous
Research®, the pet supplements market is expected to reach $4.68
billion by 2032, at a CAGR of 7.5% from 2025 to 2032.
The rising pet
ownership, increasing awareness of pet health, and humanization of pets and
availability of pet supplements driving the growth of the pet supplements
market. Additionally, the increasing demand for organic and natural pet
supplements and emerging markets in Asia-Pacific and Latin America create
significant opportunities for market players. Furthermore, the increasing
demand for customized pet supplements and growth of online retailing and
e-commerce platforms are major trends in the pet supplements market.
Key Players
The pet supplements
market is characterized by a moderately competitive scenario due to the
presence of many large- and small-sized global, regional, and local players.
The key players operating in the pet supplements market are Mars Inc. (U.S.),
Bayer AG (Germany), Blue Buffalo Company, Ltd (U.S.), FoodScience, LLC (U.S.),
Four Paws Inc (U.S.), Nestlé Purina PetCare Company (U.S.), Nutramax
Laboratories, Inc. (U.S.), Virbac Corporation (U.S.), The Higgins Group Corp.
(U.S.), Novotech Nutraceuticals, Inc. (U.S.), Forza10 America (U.S.), NOW
Health Group, Inc. (U.S.), Kemin Industries, Inc. (U.S.), and Zoetis Services
LLC (U.S.).
The pet supplements
market is segmented based on type, form, source, pet type, function, and
distribution channel. This study also evaluates industry competitors and
analyzes the regional and country-level markets.
Among the types
studied in this report, in
2025, the multivitamins segment is expected to dominate the pet supplements
market. The rising shift towards multivitamins to fill the nutritional gap of
pets, the aging pet population, and the rising focus on preventive healthcare
contribute to the segment’s dominant position in the pet supplements market.
Pet owners are more focusing on preventive health measures to avoid potential
health issues, leading to a higher demand for multivitamins that support
overall wellness.
Among the forms
studied in this report, the
chewable segment is anticipated to hold the dominant position, with a large
share of the pet supplements market in 2025. The convenience, ease of
administration and palatability, and more user-friendly and enjoyable forms of
supplementation for pets supports the segment's dominance in the pet
supplements market.
Among the pet types
studied in this report, in
2025, the dog segment is expected to dominate the pet supplements market. The
rising number of dog adoptions, increasing demand for premium dog supplements,
and rising awareness about dog health and wellness contribute to the segment’s
dominant position in the pet supplements market.
Among the functions
studied in this report, the
hip & joint segment is anticipated to hold the dominant position, with a
large share of the pet supplements market in 2025. The aging pet population,
rising incidence of joint issues in dogs, and increasing awareness of pet
health, contribute to the segment’s dominant position in the pet supplements
market. Many hip and joint supplements contain ingredients like glucosamine,
chondroitin, and omega fatty acids, which are recognized for their benefits in
supporting joint health.
Among the
distribution channels studied in this report, the offline segment is anticipated to hold the dominant position,
with a large share of the pet supplements market in 2025. The wide range of
supplements availability and the convenience of physical shopping contribute to
the segment’s dominant position in the pet supplements market.
Geographic Review
This research report
analyzes major geographies and provides a comprehensive analysis of North
America (U.S., Canada), Europe (France, Spain, Italy, Germany, U.K.,
Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia,
South Korea, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America
(Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East
& Africa (South Africa, Saudi Arabia, UAE, and the Rest of Middle East
& Africa).
Among the
geographies studied in this report, in 2025, North America is expected to dominate the pet supplements
market. The substantial share of this regional market can be
attributed to the several factors, such as rising pet ownership, increasing pet
health expenditures, growing awareness about the pet health, aging pet
population, and increasing demand for premium and customized pet supplements.
In 2025, the U.S. is expected to account for a larger share of the pet
supplements market in North America. According to the American Pet Products
Association's National Pet Owners Surveys, in 2024, the U.S. has 86.9 million
families owns a pet.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6074
Key Questions
Answered in the Report:
- What is the value of revenue generated by
the sale of pet supplements?
- At what rate is the global demand for pet
supplements projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the pet supplements market?
- What are the major factors impacting the
growth of this market at global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which type, form, source, pet type,
function, and distribution channel segments create major traction for the
manufacturers in this market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the pet
supplements market?
- Who are the major players in the pet
supplements market? What are their specific product offerings in this
market?
- What recent developments have taken place
in the pet supplements market? What impact have these strategic
developments created on the market?
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