The global pet vitamins and supplements market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). An increase in spending on pet care globally and an increase in pet adoption are the major factors that are fuelling the growth of the market. Another factor that is playing an important role in augmenting the market demand includes the increase in the demand for pet reptiles such as anole, bearded dragon, leopard gecko, tortoise, and turtle. Moreover, an increase in consumer awareness regarding pet supplements and a rise in the adoption of organic pet food boost the growth of the market.
Pet supplement refers to processed food made of plant and animal raw materials with concentrated sources of nutrients to compensate for vitamin, protein, or mineral deficiencies. It provides essential nutrients, which support to improve the health of pets, including dogs, cats, freshwater fishes, reptiles, horses, and birds. Pet owners are prepared to spend a lot of money to safeguard their pets' health, resulting in a surge in pet health spending. Pet vitamins that are natural and organic are becoming increasingly popular, which in turn, is accelerating the market growth.
Market Coverage
Competitive Landscape: Nestlé S.A., Zoetis, Inc., and Virbac S.A., among others.
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Pet Vitamins and Supplements Market Report by Segment
By Pet
• Dogs
• Cats
• Horses
• Rabbits
• Others
By Vitamins
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin E
• Vitamin K
• Vitamin Choline
• Others
By Supplements
• Probiotics
• Prebiotics
• Antioxidants
• Minerals
• Others
Global Pet Vitamins and Supplements Market by Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World