Market revenue in 2023 | USD 150.3 million |
Market revenue in 2030 | USD 226.8 million |
Growth rate | 6.1% (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 |
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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 89.16% in 2023. Horizon Databook has segmented the South Africa pet obesity management market based on therapeutic food, supplements covering the revenue growth of each sub-segment from 2018 to 2030.
Obesity is deemed the top health risk for pets in South Africa, driving the country's pet obesity management market, further influencing pet parent behavior. Pets with excess weight are more likely to suffer from illnesses and may have shorter lives of up to 2.5 years.
Over 20 diseases, including cancer, heart disease, rheumatoid arthritis, skin issues, and urinary tract issues, have been connected to obesity in pets. October is designated as Pet Obesity Month in South Africa to encourage appropriate management of obesity.
According to a 2023 Hill's Pet Nutrition study, nine of ten pet parents of overweight animals incorrectly believe their pet's weight is normal. This is commonly known as the Fat Gap and is a major contributing cause to the pet obesity crisis.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa pet obesity management market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pet obesity management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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