Global Pet Herbal Supplements Market Size & Outlook
Global pet herbal supplements market, 2018-2030 (US$Ms)
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Global pet herbal supplements market highlights
- The global pet herbal supplements market generated a revenue of USD 808.5 millions in 2022 and is expected to reach USD 1,768.9 millions by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 10.3% by 2030.
- In terms of segment, multivitamins & minerals accounted for a revenue of USD 238.7 millions in 2022.
- CBD is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 808.5 millions |
| Market revenue in 2030 | USD 1,768.9 millions |
| Growth rate | 10.3% (CAGR from 2022 to 2030) |
| Largest segment | Multivitamins & minerals |
| Fastest growing segment | CBD |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Omega 3 fatty acids, Probiotics & prebiotics, Multivitamins & minerals, CBD, Proteins & peptides |
Other key industry trends
- In terms of revenue, the North America accounted for 32.5% of the global pet herbal supplements market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 16.6 millions by 2030.
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Pet Herbal Supplements Market Scope
Pet Herbal Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pet herbal supplements 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 herbal supplements market will help companies and investors design strategic landscapes.
Multivitamins & minerals was the largest segment with a revenue share of 29.52% in 2022. Horizon Databook has segmented the Global pet herbal supplements market based on omega 3 fatty acids, probiotics & prebiotics, multivitamins & minerals, cbd, proteins & peptides covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pet Herbal Supplements Product Outlook (Revenue, USD Millions, 2018-2030)
- Omega 3 fatty acids
- Probiotics & prebiotics
- Multivitamins & minerals
- CBD
- Proteins & peptides
- Others
- Global Pet Herbal Supplements Animal Type Outlook (Revenue, USD Millions, 2018-2030)
- Dogs
- Cats
- Horses
- Others
- Global Pet Herbal Supplements Application Outlook (Revenue, USD Millions, 2018-2030)
- Digestive Support
- Immunity Support
- Skin & Coat
- Calming/stress/anxiety
- Joint health support
- Kidney Health
- Liver Health
- Respiratory Health
- Others
- Global Pet Herbal Supplements Dosage Form Outlook (Revenue, USD Millions, 2018-2030)
- Tablets & capsules
- Gummies & chewbles
- Powders
- Liquids
- Others
- Global Pet Herbal Supplements Distribution Channel Outlook (Revenue, USD Millions, 2018-2030)
- Online
- Offline
- Pet Specilty stores
- Retail
- Others
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Target buyers of Global pet herbal supplements market databook
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Our clientele includes a mix of pet herbal supplements 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 global-level data and insights on the Global pet herbal supplements market, including forecasts for subscribers. This global databook contains high-level insights into Global pet herbal supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pet herbal supplements market report size, by regions, 2018-2030 (US$Ms)
Top 10 countries: Pet herbal supplements market report size, 2022 (US$Ms)
Global pet herbal supplements market report share, by product, 2022 & 2030 (%, US$Ms)
Pet herbal supplements market: Opportunity assessment by country
Global pet herbal supplements market, by region, 2022 (US$Ms)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 205.2 | 198.9 | 200.5 | 233.6 | 263.0 | 284.2 | 307.9 | 334.4 | 364.1 | 397.3 | 434.6 | 488.9 | 541.0 | 9.4% |
| Europe | 202.4 | 196.6 | 180.9 | 213.1 | 242.4 | 265.0 | 290.3 | 318.9 | 351.1 | 387.7 | 429.1 | 465.6 | 514.9 | 9.9% |
| Asia Pacific | 150.6 | 149.2 | 144.8 | 172.6 | 198.8 | 219.9 | 243.9 | 271.1 | 302.0 | 337.3 | 377.6 | 422.6 | 475.1 | 11.5% |
| Latin America | 59.2 | 58.2 | 56.3 | 66.8 | 76.5 | 84.2 | 92.9 | 102.8 | 113.9 | 126.7 | 141.1 | 157.3 | 176.1 | 11.0% |
| MEA | 21.9 | 21.2 | 20.6 | 24.3 | 27.8 | 30.4 | 33.5 | 36.9 | 40.8 | 45.2 | 50.1 | 55.4 | 61.8 | 10.5% |
| Overall | 639.2 | 624.2 | 603.1 | 710.5 | 808.5 | 883.7 | 968.5 | 1,064.0 | 1,171.9 | 1,294.1 | 1,432.5 | 1,589.9 | 1,768.9 | 10.3% |
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