Australia Pet Obesity Management Market Size & Outlook
Australia pet obesity management market, 2018-2030 (US$M)
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Australia pet obesity management market highlights
- The Australia pet obesity management market generated a revenue of USD 234.6 million in 2023 and is expected to reach USD 398.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, therapeutic food was the largest revenue generating by product in 2023.
- Supplements is the most lucrative by product segment registering the fastest growth during the forecast period.
Pet obesity management market data book summary
| Market revenue in 2023 | USD 234.6 million |
| Market revenue in 2030 | USD 398.5 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic food |
| Fastest growing segment | Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Therapeutic Food, Supplements |
| Key market players worldwide | Mars Group Holdings Corp, Colgate-Palmolive Co, Nestle SA, NOW Foods, Virbac SA, Dechra Pharmaceuticals, Sun Pharmaceutical Industries, Neogen Corp, Masterpet, Probalance, Rolf C. Hagen, VioVet, Farmina, Drools |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global pet obesity management 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 obesity management 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 447.4 million by 2030.
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Pet Obesity Management Market Scope
Pet Obesity Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia pet obesity management 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 obesity management market will help companies and investors design strategic landscapes.
Therapeutic food was the largest segment with a revenue share of 89.51% in 2023. Horizon Databook has segmented the Australia pet obesity management market based on therapeutic food, supplements covering the revenue growth of each sub-segment from 2018 to 2030.
There is a high degree of competition among players in the Australian market, as many products are available to pet owners. The market is fueled by increased awareness of the importance of pet health, increasing demand for high-quality veterinary care products, and rising spending on animals.
The household penetration rates of dogs and cats were the highest in the country at 47.8% & 33.3%, respectively. The market is expected to grow over the forecast period owing to increasing pet expenditure and humanization of animals.
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Target buyers of Australia pet obesity management market databook
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Our clientele includes a mix of pet obesity management market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Australia pet obesity management market , including forecasts for subscribers. This country databook contains high-level insights into Australia pet obesity management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia pet obesity management market outlook size, by by product, 2018-2030 (US$M)
Australia Pet Obesity Management Market Outlook Share, 2023 & 2030 (US$M)
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