China Pet Nutraceuticals Market Size & Outlook, 2023-2030
China pet nutraceuticals market, 2018-2030 (US$M)
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China pet nutraceuticals market highlights
- The China pet nutraceuticals market generated a revenue of USD 518.9 million in 2023 and is expected to reach USD 870.1 million by 2030.
- The China market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, vitamins and minerals was the largest revenue generating ingredient in 2023.
- Prebiotics & Probiotics is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Pet nutraceuticals market data book summary
| Market revenue in 2023 | USD 518.9 million |
| Market revenue in 2030 | USD 870.1 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins and minerals |
| Fastest growing segment | Prebiotics & Probiotics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 7.7% of the global pet nutraceuticals market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pet nutraceuticals 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 240.0 million by 2030.
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Pet Nutraceuticals Market Scope
Pet Nutraceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 China 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.
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Our clientele includes a mix of pet nutraceuticals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China pet nutraceuticals market , including forecasts for subscribers. This country databook contains high-level insights into China pet nutraceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China pet nutraceuticals market size, by ingredient, 2018-2030 (US$M)
China Pet Nutraceuticals Market Outlook Share, 2023 & 2030 (US$M)
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