The Future of thePet Friendly Hotel Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of thePet Herbal Supplements Market?
The increasing expenditure on pets is anticipated to drive the growth of the pet herbal supplements market. Pet expenditure includes costs for food, supplies, medicines, veterinary care, live animals, and other services. This growth is driven by the humanization of pets, leading to higher spending on premium products and services, as well as advancements in pet healthcare that require more expensive treatments. For example, a report by the American Pet Products Association, Inc. in November 2023 indicated that the U.S. pet industry expenditure reached $147.0 billion in 2023, up from $136.8 billion in 2022. As such, the rising pet expenditure is contributing to the growth of the pet herbal supplements market.
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#What is the Projected CAGR for the Pet Herbal Supplements Market Size from 2025 to 2034?
The pet herbal supplements market size increased significantly, growing from $1.12 billion in 2024 to $1.27 billion in 2025 at a CAGR of 14.0%, driven by rising awareness of pet health, humanization of pets, veterinary endorsements, regulatory backing, and preference for natural solutions.
The pet herbal supplements market is projected to experience rapid growth, reaching $2.12 billion in 2029 at a CAGR of 13.7%. This growth is driven by increasing pet ownership, an aging pet population, the expansion of e-commerce, personalized nutrition, and environmental sustainability. Key trends include advanced extraction techniques, nanotechnology applications, digital health monitoring, AI-driven formulation optimization, and personalized supplements.
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What Key Market Trends and Innovations Are Shaping the Future of thePet Herbal Supplements Industry?
Companies in the pet herbal supplements market are creating innovative products like canine supplements to support pet health. For example, in July 2023, Badlands Ranch launched Super20, a superfood powder designed to support dogs’ health, including mobility, digestion, and immune support, using natural ingredients like mushrooms and ashwagandha.
Which Companies Are Leading the Charge in Expanding thePet Herbal Supplements Market Growth?
Major companies operating in the pet herbal supplements market are Merck & Co. Inc., C.H. Boehringer Sohn AG & Co. KG, Zoetis Inc., Elanco Animal Health Incorporated, Virbac, Dechra Pharmaceuticals plc, Vetoquinol, Nutramax Laboratories, Nulo Pet Food, Ceva Animal Health, Healthy Paws Herbal Labs, Zesty Paws, PetHonesty, Only Natural Pet, Petlab Co., Honest Paws, Vet’s Best Friend, Ark Naturals, Herbsmith, NaturVet, Vital Pet Life, Paw Naturals
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How is the Global Pet Herbal Supplements Market Segemented?
The pet herbal supplements market covered in this report is segmented –
1) By Product: Omega 3 Fatty Acids, Probiotics And Prebiotics, Multivitamins And Minerals, Cannabidiol Oil (CBD), Proteins And Peptides, Other Products
2) By Dosage Form: Tablets And Capsules, Gummies And Chewable, Powders, Liquids, Other Dosage Forms
3) By Animal Type: Dogs, Cats, Horses, Other Animals
4) By Application: Digestive Support, Immunity Support, Skin And Coat, Calming Or Stress Or Anxiety, Joint Health Support, Kidney Health, Liver Health, Respiratory Health, Other Applications
5) By Distribution Channel: Online, Offline
Subsegments:
1) By Omega 3 Fatty Acids: Fish Oil Supplements, Algal Oil Supplements
2) By Probiotics And Prebiotics: Digestive Health Supplements, Gut Health Probiotic Powders
3) By Multivitamins And Minerals: Daily Multivitamins, Mineral Supplements For Pet Health
4) By Cannabidiol Oil (CBD): CBD Oil For Anxiety And Pain Relief, CBD Treats And Chews
5) By Proteins And Peptides: Protein Powders, Amino Acid Supplements
6) By Other Products: Herbal Extracts, Antioxidant Supplements, Joint Health Supplements
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Which Geographics are Influencing the Growth of the Pet Herbal Supplements Market?
North America was the largest region in the pet herbal supplements market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet herbal supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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