Pet Multivitamins Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 3.2 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
The global pet multivitamins market was valued at approximately USD 1.9 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The rising awareness about pet health and increasing adoption of pets worldwide are significant drivers for this growth. The demand for multivitamins is driven by the growing concern among pet owners about improving the overall health and longevity of their pets. As a result, there is a higher inclination towards preventive healthcare products, including multivitamins, for pets. The markets expansion is also attributed to the shift toward natural and organic pet care products, further boosting multivitamin sales across various segments.
Regionally, North America accounted for the largest market share in 2022, contributing around 40% of the global market revenue. The U.S. holds the dominant position due to the high pet ownership rates and growing pet care awareness. Europe is expected to follow closely, driven by increasing pet adoption and the trend of holistic pet health care. The Asia Pacific region is anticipated to witness the fastest growth, with a CAGR of 8.2% during the forecast period. This growth can be attributed to the rising disposable incomes, changing lifestyles, and an increasing number of pet owners in emerging markets like China and India. Other regions, such as Latin America and the Middle East, also present significant opportunities due to a surge in pet care investments and rising consumer awareness in these regions.
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Nestle Purina
Big Heart
Diamond pet foods
Blue Buffalo
Unicharm
Affinity Petcare
Nisshin Pet Food
Total Alimentos
Ramical
Big Time
Nestle Purina
Wagg
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pet Multivitamins Market
Dogs
Cats
Birds
Small mammals (e.g., rabbits, guinea pigs)
Reptiles
Chewable tablets
Soft chews
Powders
Liquid supplements
Capsules
Immune support
Digestive health
Skin and coat health
Joint health and mobility
Overall wellness
Natural ingredients
Synthetic ingredients
Organic certifications
Non-GMO options
Online retail
Brick-and-mortar pet stores
Veterinary clinics
Supermarkets and hypermarkets
Specialty pet shops
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pet Multivitamins Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pet Multivitamins Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pet Multivitamins Market, By Type
6. Global Pet Multivitamins Market, By Application
7. Global Pet Multivitamins Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Pet Multivitamins Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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