The Business Research Company’s report on the Veterinary Dietary Supplements Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the veterinary dietary supplements industry?
The increase in population of companion and livestock animals is expected to propel the veterinary dietary supplements market going forward. Companion animals include all domesticated animals whose physical, emotional, behavioral, and social requirements can be easily met, such as dogs, cats, and other animals, whereas livestock animals refer to domesticated animals that are raised in an agricultural setting to provide labor and produce commodities such as bovines. In companion and livestock animals, veterinary dietary supplements help to provide a high-nutrient diet to meet the animal’s need for proper growth and development. For instance, in February 2022, according to USDA Economic Research Service (ERS), a US-based government agency, the livestock population in the United States was around 91.9 million beef/cattle, 5.06 million lamb/sheep and the total pork export is expected to reach $8.88. Therefore, the increasing population of companion and livestock animals is driving the growth of the veterinary dietary supplements market.
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What is the estimated market size of the veterinary dietary supplements sector by 2029, based on current forecasts?
The veterinary dietary supplements market size has grown strongly in recent years. It will grow from $2.41 billion in 2024 to $2.63 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to increased pet ownership, veterinary recommendations, humanization of pets, pet obesity awareness, availability of specialized formulations, advancements in pet nutrition science.
The veterinary dietary supplements market size is expected to see rapid growth in the next few years. It will grow to $4.08 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to customized nutrition solutions, pet population growth, e-commerce expansion, focus on specific health conditions, rise in preventive healthcare spending, nutraceutical innovations, holistic pet care approach. Major trends in the forecast period include natural and organic ingredients, expansion of distribution channels, joint health supplements for aging pets, research and development in animal nutrition, regulatory compliance and standards, collaborations and partnerships.
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#Who are the top players in the veterinary dietary supplements market?
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 are the major trends in the veterinary dietary supplements market?
Major companies operating in the veterinary dietary supplements market are focusing on innovating products, such as the wellness supplements, to provide reliable services to customers. Wellness Supplements are first line of pet supplements designed to support dog’s health and wellbeing and available in five varieties. For instance, in January 2023, Wellness Pet Company, a US-based pet food company, launched Wellness Supplements. Wellness Supplements consists in five formulations, such as move health supplements, calm health supplements, shield health supplements, belly health supplements, and shine supplements. Wellness Supplements are composed of high-quality ingredients and diverse tasty flavors. These supplements promote healthy digestion, healthy immune system and seasonal allergies, healthy skin and coat for dogs.
Which geography holds the highest veterinary dietary supplements market share?
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.
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How do different segments contribute to the overall expansion of 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, CBD, Multivitamins And Minerals, Probiotics And Prebiotics, Other Types (Antioxidants)
2) By Dosage Form: Tablets And Capsules, Gummies 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 CBD: CBD Oil, CBD Treats, CBD 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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How is the veterinary dietary supplements market defined, and what are its core characteristics?
Veterinary dietary supplements are highly nutritious animal products containing one or more nutrients or active ingredients such as vitamins, minerals, botanicals (natural products), and others intended to supplement the diet. These are used to supplement the animal diet, which acts as complementary and alternative medicine (CAM) to provide health benefits and well-being for animals.
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