Global Veterinary Dietary Supplements Market Size to Rake US$ 8.3 billion by 2030

The global Veterinary Dietary Supplements market size is expected to be worth around US$ 8.3 billion by 2030, according to a new report by Vision Research Reports.

Veterinary Dietary Supplements Market (By Animal Type: Livestock Animals, Companion Animals; By Application: Joint Health Support, Calming/ Stress/ Anxiety, Digestive Health, Energy and Electrolytes, Immunity Support, Skin & Coat Health; By Type: Omega 3 Fatty Acids, Proteins & Peptides, CBD, Multivitamins & Minerals, Probiotics & Prebiotics, Others; By Dosage Form: Tablets & Capsules, Gummies & Chewables, Powders, Liquids, Others; By Distribution Channel: Online/ E-commerce, Offline) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

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 The key factors fueling the market growth include increasing population of companion and livestock animals, pet health concerns, prevalence of chronic disorders, and use of e-commerce channels.

Joint health and skin and coat health supplements have been the most purchased veterinary supplements. COVID-19 pandemic, however, disrupted trends in market with a surge in demand for digestive health and immunity-boosting supplements. The COVID-19 outbreak accelerated awareness among pet owners of condition-specific supplements with stress-reducing, immune-supporting, and calming outcomes. The pandemic also catalyzed the steady transition from brick-and-mortar purchases to e-commerce channels. The dramatic shift to online purchasing is expected to continue over the forecast period.

Key Players

• Boehringer Ingelheim
• Virbac
• Ark Naturals Company
• Beaphar
• FoodScience
• NOW Foods
• Nutramax Laboratories, Inc.
• Nutri-Pet Research, Inc.
• Ceva
• Canna Companion
• Nestle

Market Segmentation

• Animal Type Outlook
  • Livestock Animals
  • Companion Animals
    • Cats
    • Dogs
    • Horses
    • Others (Small Animals, Birds)
• Application Outlook
  • Joint Health Support
  • Calming/ Stress/ Anxiety
  • Digestive Health
  • Energy and Electrolytes
  • Immunity Support
  • Skin & Coat Health
  • Others (Kidney, Urinary Tract, Liver, Cardiovascular, Weight Management)
• Type Outlook
  • Omega 3 Fatty Acids
  • Proteins & Peptides
  • CBD
  • Multivitamins & Minerals
  • Probiotics & Prebiotics
  • Others (Antioxidants)
• Dosage Form Outlook
  • Tablets & Capsules
  • Gummies & Chewables
  • Powders
  • Liquids
  • Others (Injectables, Paste)
• Distribution Channel Outlook
  • Online/ E-commerce
  • Offline
    • Pet Specialty Stores
    • Retail
    • Others
• Regional Outlook
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
  • Spain
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

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