Pet Supplements Market – Global Industry, Analysis, Size, Share, Trends, and Forecasts 2024-2032

The pet supplements market, valued at $1,910 million in 2022, is anticipated to grow at a 5.9% CAGR over the forecast period. With pets increasingly regarded as family members, there's a heightened focus on their health and well-being, driving pet owners to invest more in supplements for their companions. As the pet population rises due to growing pet ownership, there's a parallel increase in demand for pet-related products, including supplements. Pet owners' awareness of preventive healthcare for their pets is also growing, spurring demand for supplements targeting specific health concerns. Advancements in veterinary science have further enhanced understanding of pet nutrition and health, resulting in more specialized and effective supplements. Regulatory support and standards in the industry ensure product safety and efficacy, fostering consumer confidence in their pet supplement purchases.