Cat Supplements Market Scope
Cat supplements are substances which are directed for oral consumption. These supplements are for specific benefit to cats by means other than provision of nutrients recognized as essential or for provision of essential nutrients for an intended effect on the animal beyond normal nutritional needs. An increase in animal welfare and awareness of cat health and hygiene related to foods has contributed well to this market to grow. The pandemic has actually increased the rate of pet adoptions, which is an opportunity which can contribute to growth in this market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Dechra Pharmaceuticals PLC (United Kingdom), Nestle S.A. (Switzerland), Elanco Animal Health, Inc. (United States, Zoetis, Inc. (United States), Nutramax Laboratories, Inc. (United States), NOW Foods, Inc. (United States), Ark Naturals (United States), Kemin Industries, Inc. (United States), FoodScience Corporation (Wind Point Partners) (United States) and Honest Paws, LLC (United States) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Cat Supplements market throughout the predicted period.
Dechra Pharmaceuticals PLC (United Kingdom), Nestle S.A. (Switzerland), Elanco Animal Health, Inc. (United States, Zoetis, Inc. (United States), Nutramax Laboratories, Inc. (United States), NOW Foods, Inc. (United States), Ark Naturals (United States), Kemin Industries, Inc. (United States), FoodScience Corporation (Wind Point Partners) (United States) and Honest Paws, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Zesty Paws (United States), Neurogen (United States), FoodScience LLC (United States), Gemini Pharmaceuticals (united States), Vox Nutrition (United States), Supplement Manufacturing Partner Inc. (United States), Sunhills and Pharma Inc. (United States), Orchard Vale Naturals (Canada), 5Day Private Label (United States), TriLabs Manufacturing (United States), Bimini LLC (United States), Private Label Supplement (United States) and Petdine, LLC (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Cat Supplements market by Type , by Application (Skin & Coat, Eye care, Bone strength, Digestive Health and Other) and Region with country level break-up.
On the basis of geography, the market of Cat Supplements has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In March 2023, Zesty Paws, a provider of premium quality cat and dog supplements will introduce its functional pet supplement brand at this year’s Global Pet Expo. The brand includes different product categories like puppy products from milk replacers to supplements, CBD products for cats, and dental bones for dogs. Calming Bites and Hairball Bites have been made with plant-based cannabinoids. Calming Bites helps to promote calmness and composure in cat and Hairball Bites helps to minimize hairball formation, while also supporting gut, immune, and skin health for cats
According to the US Food and Drug Administration (FDA), Ingredients available in pet food such as food additives must have pre-approval from FDA as stated in 21 CFR 570, 571, and 573. It includes ingredients like minerals, vitamins, nutrients, flavoring additives, and coloring additives., and All Nasc Member Companies Also Employ Warning Or Cautionary Statements In Labelling For Products That Contain Certain Herbal Ingredients, As Recommended By The Nasc Scientific Advisory Committee. For Instance, Supplements With Garlic Must Include A Cautionary Statement In Product Labels Advising Consumers Not To Administer The Product To A Pet Prior To Surgery, Since Garlic Can Prolong Bleeding And Clotting Time.
Influencing Trend:
Recent Statistics have Shown Majority of Cats in the US are Overweight thus Awareness Growing about cat Health and Hygiene.
Market Growth Drivers:
Governments having Strict Laws Related to Animal Health Are Driving the Growth for Better Food Products. and Increase in Digitization Has Made and Positive Impact on Cat Supplements Sale.
Challenges:
Entrance by Local Players with Counterfeit Products.
Restraints:
Uncertain Regulatory Environment.
Opportunities:
Boast in the Adoption Of Cats Will Increased Demands for Cat Supplements.
Key Target Audience
Pet food manufacturers, New Entrants and Investors, Biodegradable Foodservice Disposables Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others