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Veterinary Dietary Supplements Market Trends

  • Report ID: GMI10471
  • Published Date: Jul 2024
  • Report Format: PDF

Veterinary Dietary Supplements Market Trends

The increasing aging pet population has led to a surge in research focused on their health needs. This trend underscores the demand for supplements addressing age-related health issues such as joint stiffness, cognitive decline, and immune function in senior pets. As research progresses, targeted solutions are anticipated to drive the demand for dietary supplements that meet specific health requirements thereby expanding the market demand.
 

  • For instance, in February 2024, Animal Biosciences, a company dedicated to enhancing pet longevity, unveiled the latest clinical findings on its Leap Years, a soft chew dog supplement. The research indicated that Leap Years effectively countered the age-related decline in dogs, enhancing cognitive function through its formulation featuring an NAD+ precursor and senolytic compounds targeting senescent cells. Developed over five years with insights from Harvard Medical School, the supplement aims to mitigate aging effects seen in senior dogs, paralleling human aging challenges. 
     

Furthermore, increased spending on animal healthcare, rising adoption of pet insurance, government support, and strategic expansions by key industry players are additional factors driving demand for demand for the veterinary supplements market.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Veterinary Dietary Supplements Market Scope

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  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 473
  • Pages: 200
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