Global Pet Oral Care Products Market Analysis: Size, Drivers, Trends, Opportunities, And Strategies
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At What Rate is the Pet Oral Care Products Market Predicted to Expand Between 2024 and 2033?
The market size for pet oral care products has seen considerable growth in the past few years. It’s expected to increase from $1.96 billion in 2023 to $2.08 billion in 2024, projecting a compound annual growth rate (CAGR) of 6.2%. The historic growth is believed to be a result of rising pet adoption, heightened awareness about pet dental hygiene, veterinary guidance, anthropomorphizing of pets, and the frequency of dental problems in pets.
In the coming years, the market size for pet oral care products is anticipated to experience robust expansion. It is predicted to escalate to $2.69 billion in 2028 at a Compound Annual Growth Rate (CAGR) of 6.6%. Factors contributing to this growth during the prognosis period could be prioritization of preventive pet care, innovative changes in product ingredients, the advent of e-commerce and pet specialty retail, amplified recommendations from veterinarians, and the emergence of pet dental insurance programs. The forecast period will also reveal prominent trends such as the creation of enzymatic toothpaste and gels, an increased focus on breath freshening products, the inclusion of smart and connected oral care gadgets, and partnerships aimed at specialized pet oral care solutions.
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What Forces Are Boosting the pet oral care products Market’s Growth?
The upward trend of the pet oral care products market is anticipated to be driven by the high frequency of dental ailments in pets. Such disorders encompass a range of issues that not only cause discomfort and pain to the pets but also have the potential to lead to serious health complications affecting their oral cavity, including teeth, gums, and related structures. Pet oral care merchandise assists in cleaning the mouth, deodorizing the breath, as well as maintaining general oral cleanliness, which in turn prevent oral diseases. For example, in August 2021, a study conducted by the Royal Veterinary College, a UK-based veterinary education institution, discovered that out of 22,333 dogs monitored for a year, approximately one in eight dogs (12.5%), which accounts for around 2,797 dogs, experience dental issues annually. Thus, the escalating prevalence of pet dental diseases is indeed fuelling the pet oral care products market’s growth.
What Key Segments Make Up the Pet Oral Care Products Market?
1) By Product Type: Toothpaste, Toothbrushes, Dental Wipes, Dental Chews, Oral-Care Food Additives, Oral-Care Water Additives, Other Products
2) By Pet Type: Dogs, Cats, Other Pets
3) By Distribution Channel: Supermarkets And Hypermarkets, Online Channels, Specialized Pet Shops, Veterinary Channels, Other Distribution Channels
4) By Application: Residential, Commercial
5) By End-Use: Veterinary Hospitals, Private Clinics, Home Care, Colleges And Universities
What Are the Latest Trends Impacting the Pet Oral Care Products Market?
A key trend emerging in the pet oral care products market is product innovation. Major firms in this market are creating new products to maintain their market standing. TEEF for Life, a company based in the US specializing in dog oral care, for example, introduced two novel supplements, Selective Microbial Metabolism Regulation Technology (SMMRT) and Protektin42, in January 2023, to enhance oral health for pets. The SMMRT technology is clinically proven to boost good bacteria and suppress the development of bacteria associated with dental diseases in humans and animals alike. The other product, Protektin42, targets the root causes of gum disease, tooth decay, and bad breath in dogs. It’s a pre-and postbiotic supplement, developed from plants to human-grade quality, available in a powder form that can be combined with water.
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What Regions Are Dominating the Pet Oral Care Products Market Growth?
North America was the largest region in the pet oral care products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet oral care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Pet Oral Care Products Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the pet oral care products market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Pet Oral Care Products Market Include
1. Pet Oral Care Products Market Executive Summary
2. Pet Oral Care Products Market Segments
3. Pet Oral Care Products Market Size And Template Market Growth Rate
4. Key Pet Oral Care Products Market Trends
5. Major Pet Oral Care Products Market Drivers
……
25. Key Mergers And Acquisitions In The Pet Oral Care Products Market
26. Top Pet Oral Care Products Companies
27. Pet Oral Care Products Market Opportunities And Strategies
28. Pet Oral Care Products Market, Conclusions And Recommendations
29. Appendix
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