Veterinary Dietary Supplements Market - Global Industry, Analysis, Size, Share, Trends, and Forecasts 2024-2031


Anjali15

Uploaded on Jan 22, 2024

Category Business

The Veterinary Dietary Supplements market, with a valuation of 7,880.88 million in 2022, is poised for a 4.8% CAGR growth during the forecast period. A global surge in pet ownership, coupled with the evolving perception of pets as integral family members, has spurred a notable increase in expenditure on pet healthcare, specifically in the realm of dietary supplements. The phenomenon of "humanization" of pets, where owners are dedicated to providing optimal care and nutrition, is fueling a heightened demand for top-notch and specialized dietary supplements tailored for pets. A prevailing trend among pet owners involves a proactive approach to preventive healthcare for their animals, with dietary supplements being a key component. This approach is driven by the desire to maintain the health and well-being of pets, preempting potential health issues. The conscientiousness of pet owners regarding the nutritional requirements of their animals is on the rise. The focus on delivering well-balanced and nutritious diets, complemented by specific nutrients through veterinary dietary supplements, is a driving force behind the market's growth. Veterinarians wield significant influence in shaping the choices of pet owners. As awareness among veterinarians regarding the benefits of dietary supplements continues to grow, their recommendations are playing a pivotal role in propelling market expansion. This collaboration between informed veterinarians and conscientious pet owners underscores the escalating importance of veterinary dietary supplements in the overall landscape of pet healthcare.

Category Business

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