Europe Pet Supplements Market Insights Report 2023: A $986.45 Million Market by 2028 - Strategic Partnerships and E-commerce Growth Propels Market Expansion

DUBLIN, Aug. 4, 2023 /PRNewswire/ -- The "Europe Pet Supplements Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The Europe pet supplements market is witnessing substantial growth, with a value of $680.00 million in 2022 and expected to reach $986.45 million by 2028, showing a promising CAGR of 6.40%

This comprehensive report provides detailed insights into the European pet supplements market, encompassing market size, forecasts, segmentation, and industry trends.

The increasing spending on pet food in Europe is a key driver propelling the demand for pet supplements, particularly in categories like calming, hip & joints, digestive, anti-anxiety, and anti-stress supplements. Pet owners are increasingly focused on maintaining their pets' health, leading to a rising demand for these supplements.

The report presents a comprehensive analysis of the current market scenario, including growth enablers, restraints, and trends for the period of 2023 to 2028. Various forms of pet supplements, such as chewable & tablets, powder, liquid, capsules, and gel capsules, are available to enhance pets' energy levels, focus, concentration, heart health, and immune system.

Leading companies and key players operating in the market are profiled and examined, providing valuable insights into the competitive landscape of the European pet supplements market.

KEY HIGHLIGHTS

• The Europe pet supplements market is growing significantly due to high demand for natural/herbal pet supplements, growing awareness of pet health and diet, rising demand for clean label pet supplements, growing usage of pet supplements for mobility health, increase in endorsements by veterinarians, and increasing pet ownership.
• The senior population is high in European countries. The population of pets, especially cats and dogs, is growing significantly in European countries post-pandemic, and pet ownership is also growing for companionship from the senior population in Europe. This drives the demand for pet supplements in Europe during the forecast period.
• Mars Petcare, Nestle, Dechra Pharmaceuticals, Virbac, Zoetis, and FoodScience are the leading players with strong market penetration. Vendors such as Swedencare, Affinity Petcare, Zesty Paws, The Pet Supplement Company, Pet Wellbeing, Elanco, Compana, NOW Foods, Purrform, and others are the other prominent players in the market with a noteworthy presence.
• In the European market, many international companies are entering partnerships with present e-commerce companies and gaining traction by offering a wide range of pet supplements.
• In the Europe pet supplements market, demand for chewable & tablets form is rising as they are easy to eat and provide complete nutrition. Chewing also helps to reduce stress and improves the health of dogs, which drives the demand for chewable & tablets in Europe.

VENDORS LIST

Key Vendors

• Mars Petcare
• Nestle
• Dechra Pharmaceuticals
• Virbac
• Zoetis
• FoodScience

Other Prominent Vendors

• Swedencare
• Affinity Petcare
• Zesty Paws
• The Pet Supplement Company
• Pet Wellbeing
• Elanco
• Compana
• NOW Foods
• Wellness Pet Company
• Fuji Chemical Industries Co., Ltd.
• Purrform
• AB Agri
• Pharmadiet Veterinaria
• JTPHARMA

REPORT HIGHLIGHTS

SEGMENTATION & FORECAST

Pet Market Insights (2022-2028)

• Dogs
• Cats
• Others

Form Market Insights (2022-2028)

• Chewables & Tablets
• Powders
• Others

Application Market Insights (2022-2028)

• Hip & Joints
• Skin & Coat
• Digestive Health
• Others

Distribution Channel Market Insights (2022-2028)

• Offline Distribution
• Online Distribution

MARKET STRUCTURE

• Market Dynamics
• Competitive Landscape of the Europe Pet Supplements Market
• Key Vendors
• Other Prominent Vendors

For more information about this report visit https://www.researchandmarkets.com/r/40374f

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected] 
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets