Global Pet Nutraceuticals Market Size & Outlook, 2023-2030
Global pet nutraceuticals market, 2018-2030 (US$M)
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Global pet nutraceuticals market highlights
- The global pet nutraceuticals market generated a revenue of USD 6,778.0 million in 2023 and is expected to reach USD 10,491.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.4% by 2030.
- In terms of segment, vitamins and minerals accounted for a revenue of USD 1,835.3 million in 2023.
- Prebiotics & Probiotics is the most lucrative ingredient segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,778.0 million |
| Market revenue in 2030 | USD 10,491.6 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins and minerals |
| Fastest growing segment | Prebiotics & Probiotics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins and Minerals, Anti-oxidants, Milk Bioactives, Omega-3 Fatty Acids, Prebiotics & Probiotics, Dietary Fiber, Proteins and Peptides, Other Ingredients |
Other key industry trends
- In terms of revenue, the North America accounted for 38.3% of the global pet nutraceuticals market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 715.7 million by 2030.
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Pet Nutraceuticals Market Scope
Pet Nutraceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global pet nutraceuticals 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 nutraceuticals market will help companies and investors design strategic landscapes.
Vitamins and minerals was the largest segment with a revenue share of 27.08% in 2023. Horizon Databook has segmented the Global pet nutraceuticals market based on vitamins and minerals, anti-oxidants, milk bioactives, omega-3 fatty acids, prebiotics & probiotics, dietary fiber, proteins and peptides, other ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pet Nutraceuticals Ingredient Outlook (Revenue, USD Million, 2018-2030)
- Vitamins and Minerals
- Anti-oxidants
- Milk Bioactives
- Omega-3 Fatty Acids
- Prebiotics & Probiotics
- Dietary Fiber
- Proteins and Peptides
- Other Ingredients
- Global Pet Nutraceuticals Pet Type Outlook (Revenue, USD Million, 2018-2030)
- Dogs
- Cats
- Other Pet Type
- Global Pet Nutraceuticals Application Outlook (Revenue, USD Million, 2018-2030)
- Skin & Coat
- Hip & Joint
- Digestive Health
- Immune Support
- Weight Management
- Oral/Dental Health
- Heart Health
- Cognitive Function
- Calming/ Anxiety & Stress Relief
- Muscle & Performance
- Eye Health
- Kidney & Liver Support
- Multivitamins
- Allergy Relief
- Global Pet Nutraceuticals Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Hypermarkets & Supermarkets
- Pet Specialty Stores
- Pharmacy & Drug Stores
- Convenience Stores
- Other Offline Channels
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Target buyers of Global pet nutraceuticals market databook
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Our clientele includes a mix of pet nutraceuticals 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global pet nutraceuticals market , including forecasts for subscribers. This global databook contains high-level insights into Global pet nutraceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pet nutraceuticals market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pet nutraceuticals market size, 2023 (US$M)
Global pet nutraceuticals market share, by ingredient, 2023 & 2030 (%, US$M)
Pet nutraceuticals market: Opportunity assessment by country
Global pet nutraceuticals market, by region, 2023 (US$M)
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