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How has the pet obesity management market size evolved in recent years?

The market for managing pet obesity has seen considerable expansion in the last few years. It’s projected to increase from $8.9 billion in 2024 to $9.48 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. This growth during the historical period could be tied to changes in pet feeding practices, a decrease in physical activity, genetic factors in different breeds, the relationship dynamics between pets and humans, and shifts in veterinary healthcare.

What are the predictions for the pet obesity management market size in the coming years?

Expectations are high for a robust expansion of the pet obesity management market in the coming years. The market is projected to swell to a size of $12.12 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.3%. This anticipated growth over the forecast period is due to advancements in the field of veterinary nutritional science, awareness programs, the emergence of innovative weight control products, digital health monitoring tools, and customized diet and exercise regimes. The forecast period will also see a surge in demand for personalized diet and exercise programs, the growth of telemedicine for remote veterinary consultations, the rise of wearable health technology for pet health tracking, the expansion of weight management services in veterinary clinics, and the integration of AI-guided nutritional advice in pet care.

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What key factors are fueling the growth of the pet obesity management market?

The surge in pet ownership is projected to fuel the expansion of the pet obesity management market. Pet ownership entails the commitment and care by individuals or families to address the needs, welfare, and companionship of domesticated animals that are primarily kept for enjoyment, not for function. The surge in pet ownership is influenced by factors like lifestyle transformations, pet humanization, and increased disposable incomes. Pet obesity management plays a vital part in pet ownership by guaranteeing the health and welfare of adopted animals, leading to longer, more joyous lives and lower healthcare bills. For example, the American Pet Products Association, a US-based non-profit association, noted in October 2023 that 86.9 million US households owned a pet, equivalent to the 66% of households in 2022. Furthermore, Animal Medicines Australia, an Australian association representing animal health, reported in November 2022 that 69% of households had pets in Australia in 2022. Hence, the surge in pet ownership propels the expansion of the pet obesity management market.

How is the global pet obesity management market divided into key segments?

The pet obesity management market covered in this report is segmented –

1) By Product: Drugs, Food Supplements

2) By Animal Type: Dogs, Cats, Other Animal Types

3) By Distribution Channel: Pet Specialty Stores, E-Commerce, Other Distribution Channels

Subsegments:

1) By Drugs: Appetite Suppressants, Fat Absorption Inhibitors, Metabolism Enhancers, Other Pharmaceutical Drugs

2) By Food Supplements: Fiber-Based Supplements, Probiotic Supplements, Omega-3 Fatty Acids Supplements, Protein-Based Supplements, Other Nutritional Supplements

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Who are the key firms paving the way for growth in the pet obesity management market?

Major companies operating in the pet obesity management market are Pfizer Inc., Mars Inc., Zoetis Inc., Purina PetCare, Royal Canin SAS, Hill’s Pet Nutrition Inc, Drools Pet Food Pvt Ltd, Virbac S.A., Blue Buffalo Pet Products Inc, Dechra Pharmaceuticals plc, Neogen Corp, NOW Foods, Merrick Pet Care Inc, Natural Balance Pet Foods Inc, Canidae Inc, Nutro Inc, FARMINA PET FOODS, VioVet Ltd., Rolf C. Hagen Inc, Delicate Care Ltd., Orijen Pet Foods, ACANA HUNGARY LTD

What are the key trends shaping the future of the pet obesity management market?

Leading firms in the pet obesity management market are currently focusing their efforts on creating revolutionary dietary solutions, like dietary metabolic canned and dry foods, in response to the growing issue of obesity in pets. These dietary solutions are specially engineered pet foods aimed at assisting pets with weight management and combating obesity by regulating calorie consumption and maintaining a nutritional balance. For example, Hill’s Pet Nutrition Inc., a company headquartered in the US and known for their high-quality pet food products and veterinary care services, introduced prescription diets such as the prescription diet Z/D low-fat hydrolyzed soy canine, prescription diet C/D multicare low-fat canine, prescription diet gastrointestinal biome stress feline, and prescription diet C/D multicare stress feline in January 2024. These food mixes are designed with the intention of preventing unfavorable food reactions, encouraging healthier skin in pets susceptible to skin issues, and including Hill’s ActivBiome+ ingredient technology, a proven method for quickly boosting digestive health through activation of the gut microbiome.

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What regions are contributing significantly to the growth of the pet obesity management market?

North America was the largest region in the pet obesity management market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet obesity management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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