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Pet Obesity Management Market Size

Report ID: GMI6235
Published Date: Jul 2023
Report Format: PDF

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Pet Obesity Management Market Size

Pet Obesity Management Market size accounted for USD 810.7 million in 2022 and is estimated to grow at 7% to reach USD 1.6 billion by 2032 due to the increasing adoption of pet for companionship and coupled with rising pet healthcare expenditure

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Pets are largely adopted by people for companionship and there has been shift in trend from pet owners to pet parents which indicates that pets are considered as a part of family these days. For instance, in 2020, according to the European Pet Food Industry, there were 88 million households owning a pet in Europe. Therefore, the increasing social acceptance of pets has stimulated pet adoption. Furthermore, increasing pet healthcare expenditure and their well-being such as regular health check-ups and growing advancement in treatment solutions.

Pet Obesity Management Market Report Attributes
Report Attribute	Details
Base Year:	2022
Pet Obesity Management Market Size in 2022:	USD 810.7 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7%
2032 Value Projection:	USD 1.6 Billion
Historical Data for:	2018 to 2022
No. of Pages:	130
Tables, Charts & Figures:	200
Segments covered:	Product, Animal Type, Distribution Channel, and Region
Growth Drivers:	Increasing pet adoption for companionship Rising prevalence of diabetes and chronic disease among pets Growing pet healthcare expenditure Increasing incidence of obesity among pets
Pitfalls & Challenges:	Lack of awareness regarding pet obesity management in developing economies

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Obesity in pets occurs due to excessive adipose tissue accumulates in the body owing to metabolic and hormonal changes in pets. Also, overfeeding, inadequate nutrition, lack of exercise, and sedentary lifestyles may lead to obesity causing various chronic disease. Pet obesity management involves a multi-faceted approach that includes dietary adjustments, exercise plans, behavioral modifications, and sometimes the use of specialized products and medications. The primary goal is to help pets achieve and maintain a healthy body weight, reduce the risk of associated health conditions, and improve their overall health and longevity.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for pet obesity management accounted for USD 810.7 million in 2022 and will grow at 7% CAGR through 2032, backed by the increasing adoption of pet for companionship, coupled with rising pet healthcare expenditure.

The dogs segment is expected to register USD 828.3 million market revenue by end of 2032 as obesity pose significant health risks for dogs, such as higher susceptibility to diabetes, joint problems, cardiovascular, and respiratory issues.

North America market accounted for 42.8% share in 2022 and will grow at considerable rate attributed to the increasing adoption of pets and rising awareness regarding pet obesity management.

Major industry players are Royal Canin, Pedigree, Zoetis Inc, Nestlé Purina among others.