The Global Pet Calming Products Market is Predict to reach $20.6 Billion by 2028, at a CAGR of 5.6%

31-Mar-23 | Report Format: Electronic (PDF)

Pet Calming Products Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Pet Calming Products Market size is expected to reach $20.6 billion by 2028, rising at a market growth of 5.6% CAGR during the forecast period.

The Cat segment is showcasing a CAGR of 5.9% during (2022 - 2028). This is owing to the fact that cat as a pet is increasing in popularity. Calming sprays, chews with chamomile and L-tryptophan, diffusers, and supplements are popular and readily accessible soothing remedies for cats. Using calming items one can raise their cat's tolerance to stress and decrease anxiety and anxiety-related behaviors, including improper elimination, hiding, and aggressiveness. If the cat becomes anxious in the circumstances such as vet visits, thunderstorms, or when the cat's routine is altered, cat calming solutions can greatly assist, which is expected to propel the segment's growth.

The Offline segment acquired maximum revenue share in the Global Pet Calming Products Market by Distribution Channel in 2021 thereby, achieving a market value of $13.2 billion by 2028. This is owing to the fact that offline distribution methods, such as pet stores or veterinary clinics, are frequently favored for purchasing pet calming items for various reasons, including product testing, fast availability, and dependable sources.

The Gel & Ointment segment has shown the growth rate of 5.9% during (2022 - 2028). This is due to their ease, focused application, longer-lasting benefits, and the usage of natural chemicals are expected to increase the segment’s momentum. Gels and ointments are simple to administer and quickly absorbed by a pet’s skin. This makes them a practical alternative for pet owners seeking quick-acting remedies to soothe their animals during stressful conditions.

The North America market dominated the Global Pet Calming Products Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7.9 billion by 2028. The Asia Pacific market is exhibiting a CAGR of 6.3% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 5.1% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/pet-calming-products-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Virbac, Zoetis, Inc., Ceva Santé Animale, NOW Foods, Inc., PetHonesty (Vestar Capital Partners), Nestlé Purina Petcare Company (Nestle S.A), PetIQ, Inc., Swedencare (Garmon Corporation) and Health & Happiness (H&H) Group International Holdings Ltd. (Zesty Paws)

Global Pet Calming Products Market Segmentation

By Pet Type

  • Dog
  • Cat
  • Others

By Distribution Channel

  • Offline
  • Online

By Type

  • Snacks & Treats
  • Food & Supplements
  • Gel & Ointment
  • Spray & Mist
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Virbac
  • Zoetis, Inc.
  • Ceva Santé Animale
  • NOW Foods, Inc.
  • PetHonesty (Vestar Capital Partners)
  • Nestlé Purina Petcare Company (Nestle S.A)
  • PetIQ, Inc.
  • Swedencare (Garmon Corporation)
  • Health & Happiness (H&H) Group International Holdings Ltd. (Zesty Paws)

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