The North America Pet Supplements Market would witness market growth of 5.6% CAGR during the forecast period (2021-2027).
Pet supplement is defined as food manufactured from plant and animal raw materials having a high content of nutrients to fulfil the needs for protein, vitamin, or mineral deficiencies. It offers crucial nutrients, which assist in enhancing the health of pets, such as dogs, freshwater fishes, cats, birds, reptiles, and horses. The growth of the overall pet supplement market is expected to witness bright growth prospects due to the growing adoption of animals for petting and increasing concerns regarding animal welfare.
Moreover, there is a considerable increment in the trend of petting reptiles like a bearded dragon, tortoise, leopard gecko, and turtle because of their advantages like they do not shed fur, need low maintenance, and do not require training. Additionally, a surge in consumer awareness about pet supplements and growing acceptance of organic pet food are creating new growth avenues for the pet supplement market over the forthcoming years.
The presence of leading market players of the pet supplement market in this region is fueling the growth of the North America Market. In addition, these players are aiming to introduce new & innovative food products in the pet food category in order to cater to the demand for different kinds of animals. This is estimated to create new growth avenues for the players operating in the regional pet supplement market in the upcoming years.
Moreover, the emerging trend of owing and treating a pet like a family member is creating more demand for pet supplements and related food items. Additionally, the favorable government support to enhance the utilization of secure, healthy, and natural ingredients in pet food items are anticipated to fuel the growth of the pet supplement market during the forecast period.
The US market dominated the North America Online Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $226.3 million by 2027. The Canada market is experiencing a CAGR of 8.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 7.4% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Pet Type, the market is segmented into Dogs, Cats and Other types. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Pet Supplements Market is Estimated to Reach USD 2.1 Billion by 2027 at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dechra Pharmaceuticals PLC, Nestle S.A., Elanco Animal Health, Inc., Zoetis, Inc., Nutramax Laboratories, Inc., NOW Foods, Inc., Ark Naturals, Kemin Industries, Inc., FoodScience Corporation (Wind Point Partners), and Honest Paws, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Pet Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Dechra Pharmaceuticals PLC
- Nestle S.A.
- Elanco Animal Health, Inc.
- Zoetis, Inc.
- Nutramax Laboratories, Inc.
- NOW Foods, Inc.
- Ark Naturals
- Kemin Industries, Inc.
- FoodScience Corporation (Wind Point Partners)
- Honest Paws, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Pet Supplements Market, by Distribution Channel
1.4.2 North America Pet Supplements Market, by Pet Type
1.4.3 North America Pet Supplements Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jan – 2021, Apr) Leading Players
Chapter 4. North America Pet Supplements Market by Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Pet Supplements Market by Pet Type
5.1 North America Dogs Market by Country
5.2 North America Cats Market by Country
5.3 North America Other types Market by Country
Chapter 6. North America Pet Supplements Market by Country
6.1 US Pet Supplements Market
6.1.1 US Pet Supplements Market by Distribution Channel
6.1.2 US Pet Supplements Market by Pet Type
6.2 Canada Pet Supplements Market
6.2.1 Canada Pet Supplements Market by Distribution Channel
6.2.2 Canada Pet Supplements Market by Pet Type
6.3 Mexico Pet Supplements Market
6.3.1 Mexico Pet Supplements Market by Distribution Channel
6.3.2 Mexico Pet Supplements Market by Pet Type
6.4 Rest of North America Pet Supplements Market
6.4.1 Rest of North America Pet Supplements Market by Distribution Channel
6.4.2 Rest of North America Pet Supplements Market by Pet Type
Chapter 7. Company Profiles
7.1 Dechra Pharmaceuticals PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisitions and Mergers:
7.2 Nestle S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisitions and Mergers:
7.2.5.3 Product Launches and Product Expansions:
7.3 Elanco Animal Health, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.5.3 Product Launches and product Expansions:
7.4 Zoetis, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.5 Nutramax Laboratories, Inc.
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and product Expansions:
7.5.2.2 Geographical Expansions:
7.6 NOW Foods, Inc.
7.6.1 Company Overview
7.7 Ark Naturals
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and product Expansions:
7.8 Kemin Industries, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and product Expansions:
7.9 FoodScience Corporation (Wind Point Partners)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and product Expansions:
7.10. Honest Paws, LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and product Expansions:
TABLE 1 North America Pet Supplements Market, 2017 - 2020, USD Million
TABLE 2 North America Pet Supplements Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Pet Supplements Market
TABLE 4 Product Launches And Product Expansions– Pet Supplements Market
TABLE 5 Acquisition and Mergers– Pet Supplements Market
TABLE 6 Geographical Expansions– Pet Supplements Market
TABLE 7 North America Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 8 North America Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 9 North America Offline Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Offline Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Online Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Online Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 14 North America Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 15 North America Dogs Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Dogs Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Cats Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Cats Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Other types Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Other types Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Pet Supplements Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Pet Supplements Market by Country, 2021 - 2027, USD Million
TABLE 23 US Pet Supplements Market, 2017 - 2020, USD Million
TABLE 24 US Pet Supplements Market, 2021 - 2027, USD Million
TABLE 25 US Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 26 US Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 27 US Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 28 US Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 29 Canada Pet Supplements Market, 2017 - 2020, USD Million
TABLE 30 Canada Pet Supplements Market, 2021 - 2027, USD Million
TABLE 31 Canada Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 32 Canada Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 33 Canada Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 34 Canada Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 35 Mexico Pet Supplements Market, 2017 - 2020, USD Million
TABLE 36 Mexico Pet Supplements Market, 2021 - 2027, USD Million
TABLE 37 Mexico Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 38 Mexico Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 39 Mexico Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 40 Mexico Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 41 Rest of North America Pet Supplements Market, 2017 - 2020, USD Million
TABLE 42 Rest of North America Pet Supplements Market, 2021 - 2027, USD Million
TABLE 43 Rest of North America Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 44 Rest of North America Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 45 Rest of North America Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 46 Rest of North America Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 47 Key information – Dechra Pharmaceuticals PLC
TABLE 48 Key Information – Nestle S.A.
TABLE 49 Key information – Elanco Animal Health, Inc.
TABLE 50 Key Information – Zoetis, Inc.
TABLE 51 Key information – Nutramax Laboratories, Inc.
TABLE 52 Key Information – NOW Foods, Inc.
TABLE 53 Key information – Ark Naturals
TABLE 54 Key Information – Kemin Industries, Inc.
TABLE 55 Key information – FoodScience Corporation
TABLE 56 Key information – Honest Paws, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jan – 2021, Apr) Leading Players
FIG 5 Recent strategies and developments: Dechra Pharmaceuticals PLC
FIG 6 Recent strategies and developments: Nestle S.A.
FIG 7 Recent strategies and developments: Elanco Animal Health, Inc.
FIG 8 Recent strategies and developments: Kemin Industries, Inc.
FIG 9 Recent strategies and developments: Honest Paws, LLC