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Pet Herbal Supplements Market Trends

Report ID: GMI10294
Published Date: Jul 2024
Report Format: PDF

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Pet Herbal Supplements Market Trends

Rising pet ownership globally has led to increased demand for pet supplements, including herbal products.
According to the American Pet Products (APPA) National Pet Owners Survey of 2023 and 2024, 66% of U.S. households, or 86.9 million, own a pet.
This widespread pet ownership leads to owners increasingly viewing pets as family members and prioritizing their health and well-being.
As a result, there is a higher demand for natural and holistic health solutions, including herbal supplements. Pet owners seek preventive care and alternative treatments to avoid costly veterinary bills and enhance their pets' quality of life, further fueling market expansion.
Furthermore, increasing investment in pet healthcare is a major trend driving the growth of the market. This trend is reflected in the rising expenditure on veterinary services, specialized treatments, and premium health products. The shift towards preventive healthcare, including the use of natural and herbal supplements, is a key component of this increased investment, thereby driving the growth of this market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The pet herbal supplements market accounted for USD 935.5 million in 2023 and is predicted to grow at 10.5% CAGR through 2032 attributed to increasing pet ownership.

The dog segment in the pet herbal supplements market was valued at USD 535.1 million in 2023 and is expected to reach USD 1.3 billion by 2032 as dogs commonly face various health challenges, from joint and mobility issues to skin allergies and anxiety.

North America pet herbal supplements market was valued at USD 359.2 million in 2023 and is predicted to showcase growth at 10.4% CAGR between 2024 – 2032 backed by continuous product innovation and the wide availability of diverse herbal supplements.

Arogya Paws, Barlean's Organic Oils, LLC, BB Herbal (BB Pet Supplies), Dorwest Herbs Ltd, Dr. Harvey's, DSM, EdensHerbals, Herbal Dogs Co, HERBPET, LLC, Hilton Herbs, Natural Dog Company Inc, and Nature's Pet Herbals.