- Vitamins
- Minerals
- Enzymes
- Probiotics
- Omega-3-fatty acids
- Others
Veterinary Nutraceuticals Market size was valued at USD 1.4 billion in 2023 and is poised to grow at a CAGR of 8.2% from 2024-2030. The use of pet food supplements and nutraceuticals is a recent trend in veterinary medicine. Increased spending on pet health and rise in the adoption of companion animals across the globe is expected to accelerate the market over the forecast period. The dramatic changes in perception of pet lovers, nutraceuticals are safer and alternative to the pharmaceuticals. Nutraceuticals or supplements are offer health benefits and supplements are safe. Increased R&D, with the advent of technological advancements, enables offers new pet food supplement and nutraceutical formulas to the market. For instance, Steadfast Canine is an advanced supplemental formula, specially designed to support total bone & joint health and mobility, and to ease discomfort. Pet food supplements or neutraceuticals are defined as either therapeutic or dietary supplement. Dietary nutrients or supplements are substances added to petfoods in order to make them nutritionally completely balanced. Therapeutic supplements are added to offer health benefits, to prevention or treatment of disease. Rising awareness, availability of pet nutraceuticals and increased health checkups are expected to create demand for pet food nutraceutical market.
Global Veterinary Nutraceuticals Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
8.2%
Largest Market
North America
Fastest Growing Market
North America
Veterinary Nutraceuticals Market Dynamics
Increasing demand for canine and feline food supplements majorly drives the global pet food industry. Rising awareness regarding various animal health issues, increased disposable income coupled with spending on veterinary health is expected to create demand for veterinary neutraceuticals market in future.Stringent regulations in Europe, limited awareness in low-income countries are expected to diminish the market.
North-America Got Significant Share of
Veterinary Nutraceuticals Market Regional Analysis
Geographically market has been segmented into following regions Viz. North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.The manufacturers & suppliers of nutraceuticals for companion animals and wildlife joined together to establish a non-profit organization, i.e., National Animal Supplement Council (NASC), associated with AAFCO, and FDA-CVM to establish regulatory guidelines serve the best interests of animals.U.S. veterinary nutraceuticals market is expected to account major market share over the forecast period. Increased pets are driving factors of the market. For instance, 72.9 million homes are having at least one type of companion animal.Canadian pet food nutraceutical market is expected to grow due to an increased number of pet food suppliers coupled with increased spending on animal food.Germany veterinary nutraceuticals market is expected to expand at robust CAGR over the forecast period, increased awareness is creating demand for veterinary nutraceuticals market. China veterinary neutraceuticals market is expanding at significant growth rate, owing to changed demographics coupled with rising companion animal adoption in middle-income countries, and spending on veterinary healthcare are majorly driving the market.Middle East countries are majorly driven by increasing pet adoption coupled with rising veterinary spending.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Veterinary Nutraceuticals Market Segmentation
By Product Type
By Animal Type
- Dogs
- Cats
- Birds
- Fish
- Others
Frequently Asked Questions
The veterinary nutraceuticals market size was valued at USD 1.4 billion in 2023
The veterinary nutraceuticals market key players are DSM, Diana group, BASF, Merial, V and Nutraceutical International LLC.
The personalized and customized nutrition solutions were emerging trends
| 1.Executive Summary |
| 2.Global Veterinary Nutraceuticals Market Introduction |
| 2.1.Global Veterinary Nutraceuticals Market - Taxonomy |
| 2.2.Global Veterinary Nutraceuticals Market - Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Animal Type |
| 2.2.3. By Application |
| 2.2.4. By Region |
| 3.Global Veterinary Nutraceuticals Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Veterinary Nutraceuticals Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Veterinary Nutraceuticals Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Vitamins |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Minerals |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Enzymes |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Probiotics |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Omega-3-fatty acids |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6.Global Veterinary Nutraceuticals Market By Animal Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Dogs |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Cats |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Birds |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Fish |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Veterinary Nutraceuticals Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Immune system |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Weight management |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Digestive health management |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Pain management |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Veterinary Nutraceuticals Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Veterinary Nutraceuticals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Vitamins |
| 9.1.2.Minerals |
| 9.1.3.Enzymes |
| 9.1.4.Probiotics |
| 9.1.5.Omega-3-fatty acids |
| 9.1.6.Others |
| 9.2. Animal Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Dogs |
| 9.2.2.Cats |
| 9.2.3.Birds |
| 9.2.4.Fish |
| 9.2.5.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Immune system |
| 9.3.2.Weight management |
| 9.3.3.Digestive health management |
| 9.3.4.Pain management |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Veterinary Nutraceuticals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Vitamins |
| 10.1.2.Minerals |
| 10.1.3.Enzymes |
| 10.1.4.Probiotics |
| 10.1.5.Omega-3-fatty acids |
| 10.1.6.Others |
| 10.2. Animal Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Dogs |
| 10.2.2.Cats |
| 10.2.3.Birds |
| 10.2.4.Fish |
| 10.2.5.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Immune system |
| 10.3.2.Weight management |
| 10.3.3.Digestive health management |
| 10.3.4.Pain management |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Veterinary Nutraceuticals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Vitamins |
| 11.1.2.Minerals |
| 11.1.3.Enzymes |
| 11.1.4.Probiotics |
| 11.1.5.Omega-3-fatty acids |
| 11.1.6.Others |
| 11.2. Animal Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Dogs |
| 11.2.2.Cats |
| 11.2.3.Birds |
| 11.2.4.Fish |
| 11.2.5.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Immune system |
| 11.3.2.Weight management |
| 11.3.3.Digestive health management |
| 11.3.4.Pain management |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Veterinary Nutraceuticals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Vitamins |
| 12.1.2.Minerals |
| 12.1.3.Enzymes |
| 12.1.4.Probiotics |
| 12.1.5.Omega-3-fatty acids |
| 12.1.6.Others |
| 12.2. Animal Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Dogs |
| 12.2.2.Cats |
| 12.2.3.Birds |
| 12.2.4.Fish |
| 12.2.5.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Immune system |
| 12.3.2.Weight management |
| 12.3.3.Digestive health management |
| 12.3.4.Pain management |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Veterinary Nutraceuticals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Vitamins |
| 13.1.2.Minerals |
| 13.1.3.Enzymes |
| 13.1.4.Probiotics |
| 13.1.5.Omega-3-fatty acids |
| 13.1.6.Others |
| 13.2. Animal Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Dogs |
| 13.2.2.Cats |
| 13.2.3.Birds |
| 13.2.4.Fish |
| 13.2.5.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Immune system |
| 13.3.2.Weight management |
| 13.3.3.Digestive health management |
| 13.3.4.Pain management |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.DSM |
| 14.2.2.Diana Group |
| 14.2.3.BASF |
| 14.2.4.Merial |
| 14.2.5.V and Nutraceutical International LLC. |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- DSM
- Diana Group
- BASF
- Merial
- V and Nutraceutical International LLC.