Australia Pet Herbal Supplements Market Size & Outlook

The pet herbal supplements market in Australia is expected to reach a projected revenue of US$ 57.0 millions by 2030. A compound annual growth rate of 12.2% is expected of Australia pet herbal supplements market from 2023 to 2030.
Revenue, 2022 (US$Ms)
$22.7
Forecast, 2030 (US$Ms)
$57.0
CAGR, 2023 - 2030
12.2%
Report Coverage
Australia

Australia pet herbal supplements market highlights

  • The Australia pet herbal supplements market generated a revenue of USD 22.7 millions in 2022 and is expected to reach USD 57.0 millions by 2030.
  • The Australia market is expected to grow at a CAGR of 12.2% from 2023 to 2030.
  • In terms of segment, multivitamins & minerals was the largest revenue generating product in 2022.
  • Omega 3 fatty acids is the most lucrative product segment registering the fastest growth during the forecast period.


Pet herbal supplements market data book summary

Market revenue in 2022USD 22.7 millions
Market revenue in 2030USD 57.0 millions
Growth rate12.2% (CAGR from 2022 to 2030)
Largest segmentMultivitamins & minerals
Fastest growing segmentOmega 3 fatty acids
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD millions
Market segmentationOmega 3 fatty acids, Probiotics & prebiotics, Multivitamins & minerals, CBD, Proteins & peptides
Key market players worldwideKirin Holdings Co Ltd, AdvaCare Pharma


Other key industry trends

  • In terms of revenue, Australia accounted for 2.8% of the global pet herbal supplements market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China pet herbal supplements market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.0 millions by 2030.

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Pet Herbal Supplements Market Companies

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Australia 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 30.4% in 2022. Horizon Databook has segmented the Australia 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.


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Target buyers of Australia pet herbal supplements market databook

  • Our clientele includes a mix of pet herbal supplements market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia pet herbal supplements market, including forecasts for subscribers. This country databook contains high-level insights into Australia pet herbal supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia pet herbal supplements market report size, by product, 2018-2030 (US$Ms)

Australia Pet Herbal Supplements Market Share, 2022 & 2030 (US$Ms)

Australia pet herbal supplements market report size, by product, 2018-2030 (US$Ms)

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