Market Analysis Report Pet Supplements Market

Your Catalyst to a Lucrative Business Pet Supplements Market Share, Size,Growth, Demand, Report and Forecasts to 2025 | Hexa Research “ The global pet supplements market is expected to expand at a steady pace in near future.” 21 December 2018 The global pet supplements market is expected to expand at a steady pace in near future. Growing awareness among pet owners regarding the importance of nutritional diet to prevent health disorders of domestic animals is anticipated to drive this growth. These supplements offer ingredients such as chondroitin, glucosamine, antioxidants, carnitine, probiotics, and prebiotics, essential for pet health. Animals are prone to similar types of chronic conditions found in aging humans, including cardiovascular diseases, cancer, cataract, arthritis, and thinning hair among others. Hence, along with healthy diet, supplements play a crucial role in prevention of chronic disorders. This factor is anticipated to provide major fillip to the global demand in near future. Rising focus on health and wellness of domestic animals is one of the major factors positively infl uencing adoption of pet supplements. In addition, growing awareness regarding intolerances and food allergies can also boost product sales. Easy availability in retail stores can also propel product demand in the forthcoming years. Other factors such as rising preference for natural products and high awareness regarding obesity and age related health issues can bode well for the expansion of the market in near future. Moreover, presence of regulatory authorities like Food and Drug Administration (FDA) and Association of American Feed Control Officials (AAFCO) controlling animal supplements can stimulate use of the product. FDA’s Center for Veterinary (FDA-CVM) relies on AAFCO to approve or deny sales and distribution of pet supplements. Such stern monitoring can further propel the growth in the forthcoming years. Follow Us: