Pet adoption

Global Pet Supplements Market to Be Driven by Growing Pet Adoption During the Forecast Period 2021-2026 – Designer Women

Expert Market Research’s new report titled ‘Global Pet Supplements Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global market pet supplements market, assessing the market based on its segments such as pet, type, source, distribution channel and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Get Free Sample Report with Table of Contents – https://bityl.co/CiC0

Key highlights of the report include:

Market Overview (2016-2026)

• Historical market size (2020): 497 million USD
• Forecast CAGR (2021-2026): 7.5%
• Forecast market size (2026): 767 million USD

The industry is primarily driven by increased pet care spending and an increase in pet adoption globally. Pet owners are willing to spend a lot of money to protect the health of their pets, which has led to an increase in pet health expenses. The growing trend of humanizing pets is driving the pet supplement market. Many pet owners prefer high quality supplies for their pets. Additionally, because people felt lonely due to social distancing and during shutdowns, the COVID-19-induced shutdowns further boosted pet adoption. Organic pet supplements are gaining popularity among pet owners due to the associated benefits such as aiding faster healing, high nutritional profile, and lack of negative effects. Pet owners are expected to spend more money on expensive pet care products, such as organic pet food and supplements, as their pet care spending increases. pets increase and their concern for animal welfare grows.

Industry definition and major segments

Pet supplements are prepared foods derived from plant and animal raw materials that include concentrated amounts of nutrients to compensate for vitamin, protein and mineral deficiencies. It contains important nutrients that keep pets such as dogs, cats, freshwater fish, reptiles, horses and birds healthy.

Read the full report with table of contents – https://bityl.co/CiBw

The market can be broadly categorized on the basis of pets:

• Dog
• Cat
• Freshwater fish
• Other

The main types of supplements for pets are:

• Multi-Vitamins
• Skin and coat
• Hip and joint
• Prebiotics and Probiotics
• Soothing
• Others

On the basis of source, the market is segmented into:

• ORGANIC
• Conventional

By distribution channel, the market is classified into:

• Offline
• On line

Based on region, the industry is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market trends

Natural and organic vitamins for pets are becoming increasingly popular. Pet supplements also include herbs and superfoods, which will help the market grow. The growing mentions of veterinary supplements for maintaining the general well-being of pets are also boosting the pet supplements industry. Growing consumer awareness of pet supplements and increasing preference for organic pet foods are also increasing the growth of the pet supplements industry. As pets are increasingly considered part of the family, pet owners are ready to increase their annual spending on pet food supplements. Major market players are continually adding new methods or technologies to improve their production and quality of pet supplements, resulting in solutions that are more effective, tastier, longer lasting, and address a variety of health issues for pets.

Main market players

Major players in the market are Ark Naturals Company, Nutramax Laboratories, Inc., Kemin Industries, Inc., Nestle SA, and Virbac, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports and advisory services to our clients. We serve a large clientele ranging from Fortune 1000 companies to small and medium-sized businesses. Our reports cover over 100 industries in established and emerging markets researched by our trained analysts who track the latest economic, demographic, business and market data globally.

At Expert Market Research, we tailor our approach based on the needs and preferences of our clients, providing them with valuable, actionable and up-to-date market insights, helping them realize their optimal growth potential. We offer market intelligence across a range of verticals including Pharmaceuticals, Food & Beverage, Technology, Retail, Chemicals & Materials, Energy & Mining, Packaging and farming.

Media Contact

Company name: Claight Corporation
Contact: Mathew Williams, Business Advisor
Email: [email protected]
Toll Free: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Read more reports:

Global helicopter rental market: https://redskins101.com/global-helicopter-charter-market-to-be-drive-by-rising-demand-from-air-cargo-applications-in-the-forecast-period-of-2021-2026/

Global Tooling Boards Market: https://redskins101.com/global-tooling-board-market-to-be-drive-by-rising-demand-from-end-use-applications-in-the-forecast-period-of-2021-2026/

Global Glycidol Market: https://redskins101.com/global-glycidol-market-to-be-driven-increasing-demand-in-pharmaceuticals-and-paint-applications-in-the-forecast-period-of-2021-2026/

North America Laundry Detergent Market: https://redskins101.com/north-america-laundry-detergents-market-to-be-drive-by-the-increased-demand-for-laundry-services-and-rising-innovations-in-the-forecast- period-2021-2026/

Packaged Wastewater Treatment Market: https://redskins101.com/global-packaged-wastewater-treatment-market-to-be-aided-by-rising-scarcity-of-water-in-the-forecast-period-of-2021-2026/

Also check Purchasing Information that provides you with infallible research solutions.

* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.


Source link