Home > Animal Health & Nutrition > Pet Nutrition > Veterinary Dietary Supplements Market
Veterinary Dietary Supplements Market size was valued at USD 4.4 billion in 2023 and is estimated to grow at 6.8% CAGR from 2024 to 2032. The market has seen considerable growth due to the increasing awareness among pet owners about animal healthcare. As pets are increasingly considered family members, there is a growing demand for preventive healthcare measures, including dietary supplements.
For instance, based on the American Pet Products Association (APPA) survey (2021), 51% of consumers buy premium pet food, 33% provide their pets with vitamins and mineral supplements, 21% cook for their pets, and 18% have pet insurance. These findings highlighted consumer spending patterns on pet dietary supplements. In addition, advances in veterinary nutrition research are leading to the development of more effective and specialized supplements, addressing issues such as joint health, digestive health, and immune support. Additionally, the rising prevalence of chronic diseases in animals and the trend toward natural and holistic animal care solutions further boost the demand for veterinary dietary supplements.
Report Attribute | Details |
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Base Year: | 2023 |
Veterinary Dietary Supplements Market Size in 2023: | USD 4.4 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 6.8% |
2032 Value Projection: | USD 8 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 473 |
Segments covered: | Animal Type, Product Type, Dosage Form, Application, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Furthermore, advancements in e-commerce platforms simplified access to a diverse selection of dietary supplements for veterinary healthcare. In addition, enhanced marketing strategies and awareness significantly boost the market demand in coming years.
Veterinary dietary supplement is a substance designed for oral consumption by companion and livestock animals. Whether mixed with feed or offered separately, it provides specific benefits beyond supplying essential nutrients. These supplements include vitamins, minerals, amino acids, fatty acids, probiotics, and herbal extracts. They are intended to support overall health, address nutritional deficiencies, and promote specific physiological functions such as joint health, digestive health, and immune support.