Global Veterinary Dietary Supplements Market Growth Analysis, Latest Trends And Business OpportunityPosted by ramacharitbrc on May 7th, 2024 Overview and Scope Veterinary dietary supplements are highly nutritious animal products containing one or more nutrients or active ingredients such as vitamins, minerals, botanicals (natural products), and others intended to supplement the diet. These are used to supplement the animal diet, which acts as complementary and alternative medicine (CAM) to provide health benefits and well-being for animals. The veterinary dietary supplements market size has grown strongly in recent years. It will grow from .21 billion in 2023 to .43 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increased pet ownership, veterinary recommendations, humanization of pets, pet obesity awareness, availability of specialized formulations, advancements in pet nutrition science. https://www.thebusinessresearchcompany.com/report/veterinary-dietary-supplements-global-market-report The veterinary dietary supplements market covered in this report is segmented – 2) By Dosage Form: Tablets and Capsules, Gummies and Chewables, Powders, Liquids, Other Dosages (Injectables, Paste) 3) By Distribution Channel: Online or E-commerce, Offline 4) By Application: Joint Health Support, Calming or Stress or Anxiety, Digestive Health, Energy and Electrolytes, Immunity Support, Skin and Coat Health, Other Applications (Kidney, Urinary Tract, Liver, Cardiovascular, Weight Management) https://www.thebusinessresearchcompany.com/sample.aspx?id=8026&type=smp The increase in population of companion and livestock animals is expected to propel the veterinary dietary supplements market going forward. Companion animals include all domesticated animals whose physical, emotional, behavioral, and social requirements can be easily met, such as dogs, cats, and other animals, whereas livestock animals refer to domesticated animals that are raised in an agricultural setting to provide labor and produce commodities such as bovines. In companion and livestock animals, veterinary dietary supplements help to provide a high-nutrient diet to meet the animal's need for proper growth and development. For instance, in 2021, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU) responsible for publishing high-quality Europe-wide statistics, the livestock population in the European Union was around 142 million pigs, 76 million bovine animals, 60 million sheep, and 11 million goats. Therefore, the increasing population of companion and livestock animals is driving the growth of the veterinary dietary supplements market. Major companies operating in the veterinary dietary supplements market report are C H Boehringer Sohn AG & Co KG, Virbac, Ark Naturals, Beaphar, FoodScience LLC, Nutri-Pet Research Inc., CEVA Logistics INDIA PRIVATE LIMITED., Canna Companion, NOW Foods PRIVATE LIMITED, Nestle S.A., Nutramax Laboratories Inc., Orion Corporation, Zydus Animal Health and Investments Limited, Krka d.d. Novo mesto, Animalcare Limited, Ourofino Saúde Animal, Eco Animal Health Group plc, VetriScience Laboratories, Vetoquinol, Kyoritsu Seiyaku Corporation, Nexvet Biopharma plc, Aratana Therapeutics Inc., Bayer Animal Health, Dechra Pharmaceuticals PLC, Heska Corporation, Kindred Biosciences, Mars Incorporated, Norbrook Laboratories Limited, Zoetis Inc., Bioiberica S.A.U., Bimeda Inc., Eli Lilly and Company, Toray Industries Inc., AB Science 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis ………… 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Like it? Share it!More by this author |