Veterinary Dietary Supplements Market Key Highlights:
- Market Size (2024): USD 2,117 Million
- Projected Market Size (2034): USD 4,243 Million
- CAGR (2024-2034): 7.2%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Veterinary Dietary Supplements Market Definition
An increase in the number of veterinary clinics is expected to fuel the growth for veterinary dietary supplements market. This is because more and more people are becoming pet owners especially dogs and cats, which number in millions in several areas. With the growing number of pets in households, growth in demand of veterinary services is observed regardless of the nature of the service offered ranging from checkup, vaccinations, to emergency services.
With urbanization, there is an increase in the need for veterinary services that are easily accessible and located in convenient places. This is why many veterinary practices have started practicing in urban centers to cater for the many clients who are pet owners within the city. This comes from the fact that, as the pet population continues to grow, there is a corresponding rise in the need of veterinary care, which ranges from simple check ups, to immunizations, and to more complicated medical procedures.
In conclusion, the growing number of veterinary clinics is driving the market for veterinary diet supplements which is in turn caused by the increasing rate of pet ownership and the growing need for veterinary services that are less strenuous to access. This has seen a surge of interest in the provision of veterinary care to areas with many people.
Veterinary Dietary Supplements Market Segmentation:
By Animal
- Companion Animals
- Livestock Animals
By Application
- Joint Health Support
- Calming/ Stress/ Anxiety
- Digestive Health
- Energy and Electrolytes
- Immunity Support
- Skin & Coat Health
- Other Applications
By Dosage Form
- Tablets & Capsules
- Gummies & Chewables
- Powder
- Liquid
- Others
Veterinary Dietary Supplements Market Companies:
- Boehringer Ingelheim
- Virbac
- Ark Naturals Company
- Beaphar
- FoodScience
- NOW Foods
- Nutramax Laboratories, Inc.
- Nutri-Pet Research, Inc.
- Ceva
- Canna Companion
- Nestle
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