Pet Herbal Supplements Market Size Worth $2.36 Billion By 2032 | CAGR: 10.3%

The global pet herbal supplements market size is expected to reach USD 2.36 billion by 2032, according to a new study by Polaris Market Research. The report “Pet Herbal Supplements Market Share, Size, Trends, Industry Analysis Report, By Product Type (Omega 3 fatty acids, Probiotics & prebiotics), By Application, By Animal Type, By Dosage Form, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing demand for pet supplements and the expanding global pet population are expected to fuel market growth. According to the Pet Food Manufacturers' Association (PFMA), in 2022, 62% of households in the U.K., totaling 17.4 million houses, were expected to have pets. Among these households, 34% had dogs, while 28% had cats. The U.K. had a total of 12 million cats and 13 million dogs among its 34 million pets.

Furthermore, nearly 17% of all households, totaling 4.7 million houses, have welcomed new pets since the onset of the pandemic, with 45% of these owners being over 40 years old. The increase in pet ownership reflects the growing affection and concern people have for their animal companions, encouraging them to invest in natural nutritional supplements to maintain their pets' health, thereby supporting the market's growth.

The use of pet supplements to support the health of senior pets has become essential due to the increasing aging pet population and the growing adoption of senior pets. A report by Packaged Facts published in October 2022 revealed that 58% of all dog and cat owners in the U.S. have senior pets, indicating a shift in pet ownership trends due to improved veterinary care leading to longer lifespans for pets. This trend has sparked a greater interest among pet owners in their pets' well-being, leading to a preference for herbal supplements. The numerous benefits associated with herbal supplements for pets have contributed to their rising adoption, ultimately driving market growth.

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The emergence of COVID-19 has raised concerns about pet obesity, leading pet owners to seek products that address weight-related health issues in their animals. This has driven consumer demand for pet products, making specific health claims, especially those related to weight management. Additionally, pet owners are increasingly interested in herbal supplements that cater to various aspects of their pets' well-being, including skin and coat health, immune system support, urinary system function, heart health, oral hygiene, digestion, mobility, and mental function.

Pet Herbal Supplements Market Report Highlights

• CBD segment is expected to grow at the fastest rate, as they are known to calm down the mood swings of pets
• The digestive support segment garnered the largest share, as they improve the digestive issues of pets
• North America dominated the market, owing huge pet population in the region and awareness among pet owners
• The global players include Blackmores, NaturVet, Natural Dog Co., Pet Natural Remedies, Dorwest Herbs, Only Natural Pet, AMORVET, and Rockwell Pets Pro

Polaris Market Research has segmented the pet herbal supplements market report based on product type, application, animal type, dosage form, distribution channel, and region:

Pet Herbal Supplements, Product Type Outlook (Revenue - USD Million, 2019 - 2032)

• Omega 3 Fatty Acids
• Probiotics & Prebiotics
• Multivitamins & Minerals
• CBD
• Proteins & Peptides
• Others

Pet Herbal Supplements, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Digestive Support
• Immunity Support
• Skin & Coat
• Calming/Stress/Anxiety
• Joint Health Support
• Kidney Health
• Liver Health
• Respiratory Health
• Others

Pet Herbal Supplements, Animal Type Outlook (Revenue - USD Million, 2019 - 2032)

• Dogs
• Cats
• Horses
• Others

Pet Herbal Supplements, Dosage Form Outlook (Revenue - USD Million, 2019 - 2032)

• Tablets & Capsules
• Gummies & Chewable
• Powders
• Liquids
• Others

Pet Herbal Supplements, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Online
• Offline

• Pet Specialty stores
• Retail
• Others

Pet Herbal Supplements, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Pet Herbal Supplements Market Report Scope