U.S. Pet Diabetes Care Market Size & Outlook, 2023-2030
U.S. pet diabetes care market, 2018-2030 (US$M)
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U.S. pet diabetes care market highlights
- The U.S. pet diabetes care market generated a revenue of USD 626.9 million in 2023 and is expected to reach USD 1,013.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2023.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
Pet diabetes care market data book summary
| Market revenue in 2023 | USD 626.9 million |
| Market revenue in 2030 | USD 1,013.9 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
| Key market players worldwide | Merck & Co Inc, Zoetis, BD, Boehringer Ingelheim, ACON Laboratories, Taidoc |
Other key industry trends
- In terms of revenue, U.S. accounted for 34.5% of the global pet diabetes care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pet diabetes care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 204.6 million by 2030.
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Pet Diabetes Care Market Scope
Pet Diabetes Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. pet diabetes care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet diabetes care market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 51.94% in 2023. Horizon Databook has segmented the U.S. pet diabetes care market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest share of the North American pet diabetes care market in 2022 due to the rising pet population rate with higher risks of chronic illnesses such as diabetes. The increase in concerns of owners regarding their pets’ healthcare has boosted pet care expenditure in the country, driving the market.
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Target buyers of U.S. pet diabetes care market databook
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Our clientele includes a mix of pet diabetes care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. pet diabetes care market , including forecasts for subscribers. This country databook contains high-level insights into U.S. pet diabetes care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. pet diabetes care market size, by animal type, 2018-2030 (US$M)
U.S. Pet Diabetes Care Market Outlook Share, 2023 & 2030 (US$M)
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