The United States & Canada Over-The-Counter (OTC) Pet Nutritional Supplements Market size stood at USD 1,031.4 million in 2022. The market is anticipated to cross a valuation of USD 1,920.7 million by the end of 2033.
Sales revenue is expected to increase at a CAGR of 5.9% during the forecast period from 2023 to 2033. The United States & Canada OTC pet nutritional supplements market share in the global pet nutritional supplements market is 30% to 35%.
OTC pet nutritional supplement demand in the United States and Canada is experiencing significant growth. As pet owners increasingly prioritize the health and well-being of their furry companions, demand for these supplements has risen steadily.
Factors such as growing awareness about pet nutrition and rising desire to enhance the quality of pets' lives are also expected to propel demand. Increasing prevalence of pet obesity and other health issues is also estimated to drive the market.
Expanding range of product offerings, including vitamins, minerals, joint support, digestive aids, and skin & coat supplements, are set to cater to specific pet health needs.
Convenience of purchasing these supplements without a prescription would further fuel growth. With rising pet ownership and strong bond between owners & their pets, the OTC pet nutritional supplements market is expected to continue its upward trajectory in the United States and Canada.
The United States and Canada have also experienced a significant increase in the number of pet owners. It has resulted in a booming market for over-the-counter (OTC) pet nutritional supplements.
Growing trend of pet humanization, where pets are considered part of the family, has led to a greater focus on their health and well-being. Pet owners are increasingly seeking ways to enhance their pets' nutrition and address specific health concerns.
Pet nutritional supplements also provide a wide range of benefits, including improved digestion, joint health, immune support, and skin & coat health. This shift in consumer behavior has created a lucrative market for OTC pet nutritional supplements, which would offer convenience and accessibility to pet owners.
A few key trends augmenting OTC pet nutritional supplement sales:
| Attributes | Key Insights |
|---|---|
| United States & Canada OTC Pet Nutritional Supplements Market Estimated Size (2023E) | USD 1,082.8 million |
| Projected Market Valuation (2033F) | USD 1,920.7 million |
| Value-based CAGR (2023 to 2033) | 5.9% |
| Collective Value Share: Top 5 Players (2022A) | 30% to 35% |
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United States & Canada OTC pet nutritional supplements industry witnessed steady growth as pet owners began seeking out dietary supplements to address specific health concerns.
A few of these include joint health, digestive support, and skin & coat care. Additionally, aging pet population has been a significant driver, as pet owners seek to improve their pets' quality of life and longevity.
The market is witnessing even more robust growth in the current situation. Increased focus on preventive healthcare is fueling demand. Advancements in pet nutrition research and product development has also expanded the range of available supplements.
Pet owners are more willing to invest in the health and well-being of their pets. Nutritional supplement are the best way to provide vitamins, minerals, and other essential nutrients to their furry companions.
These factors have led to a growing demand for over-the-counter (OTC) pet nutritional supplements, which are readily available without a prescription. As a result, the market is growing in the United States and Canada.
Pet owners are now able to choose from a wide array of options tailored to their pet’s specific needs. These include supplements for weight management, immune support, and cognitive health. The market is anticipated to witness a decent CAGR of 5.9% from 2023 to 2033.
Increasing Veterinary Support for OTC Pet Nutritional Supplements
Veterinary support plays a crucial role in driving the target market. Veterinarians are trusted sources of information and guidance for pet owners regarding their pets' health.
As more veterinarians recognize the benefits of OTC pet nutritional supplements and recommend them to their clients, pet owners are more likely to purchase these products.
By endorsing and promoting OTC pet nutritional supplements, veterinarians might help to create awareness among pet owners about the potential benefits of these supplements.
| Country | United States |
|---|---|
| Market Share (2023) | 87.9% |
| Market Share (2033) | 89.7% |
| BPS Analysis | (+) 174 |
| Country | Canada |
|---|---|
| Market Share (2023) | 12.1% |
| Market Share (2033) | 10.3% |
| BPS Analysis | (-) 174 |
Rising Number of Pet Parents in the United States to Fuel Demand for Pet Vitamins and Supplements
The United States is currently experiencing a significant increase in pet ownership, leading to a growing demand for over-the-counter (OTC) pet nutritional supplements. More and more individuals are choosing to become pet parents, recognizing numerous benefits and companionship that pets provide.
Pet owners are hence increasingly willing to invest in the well-being and health of their beloved animal companions. This willingness to spend money on pets' health has created a thriving market for OTC pet nutritional supplements.
These supplements offer a convenient and accessible way for pet parents to support their pets' nutrition and address specific health concerns. The United States is predicted to account for over 87.9% of the market share through 2023.
Availability of Canine Dietary Supplements at Pet Supply Stores in Canada to Drive Sales
Canada is expected to account for over 12.1% of market share through 2023. In Canada, there has been a notable surge in the demand for over-the-counter (OTC) pet nutritional supplements. This rising popularity can be attributed to increasing availability of a wide variety of OTC pet nutritional supplements.
Pet owners can now find these products not only at veterinary clinics but also at pet supply stores, online retailers, and even local supermarkets. This accessibility makes it easier for pet owners to explore and purchase the supplements that best suit their pet's specific dietary needs.
Powdered Supplement for Joint Support to Gain Impetus by 2033
Joint support nutritional supplements have a significant demand in the United States & Canada over-the-counter (OTC) pet nutritional supplements market. Joint-related issues such as arthritis and hip dysplasia, are common among ageing pets and can cause discomfort & decreased mobility.
The segment is hence anticipated to elevate at a robust CAGR of 4.9% throughout the forecast period. Currently, the joint support segment holds a major share of 38.1%.
Puppy Nutritional Supplements in the Form of Tablets and Capsules to Exhibit High Sales
Tablets and capsules are highly sought after in the market due to their convenience, ease of use, and versatility. They provide a precise and consistent dosage, ensuring accurate medication delivery, which is crucial for healthcare professionals and pet owners.
Such level of accuracy provides pet owners with confidence in the product's effectiveness. It further eliminates the need for complex measurements or potential dosage errors that might occur with other forms such as liquids or powders.
Tablets and capsules also offer excellent stability and longer shelf life compared to other forms. They are typically protected by a hard outer shell, which helps preserve the integrity of the supplement and prevents degradation of active ingredients. These are the factors anticipated to help the segment rise at a CAGR of 5.4% between 2023 and 2033.
Dog Food Supplements to Experience High Popularity through 2033
Dogs are one of the most popular types of pets, and as such, there is a high demand for over-the-counter (OTC) nutritional supplements specifically designed for their well-being.
These supplements cater to unique dietary needs of dogs, providing them with essential nutrients, vitamins, and minerals that might be lacking in their regular diets. The dog segment based on pet type is anticipated to expand at a decent CAGR of 4.3% throughout the forecast period.
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Companies operating in the United States and Canada's OTC pet nutritional supplements market are actively pursuing strategic alliances and partnerships with small-scale manufacturers. Their goal is to expand their range of products and meet the demands of an expanding customer base.
These companies are also placing a strong emphasis on research and development efforts. They are aiming to develop technologically advanced products that will enrich their existing product portfolio.
For instance:
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 1,082.8 million |
| Projected Market Valuation (2033) | USD 1,920.7 million |
| Value-based CAGR (2023 to 2033) | 5.9% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (USD million) |
| Key Regions Covered | North America |
| Key Countries Covered | United States, Canada |
| Key Segments Covered | Product Type, Pet Type, Form, Sales Channel, Country |
| Key Companies Profiled | Elanco Animal Health Inc.; Pet Honesty; Zoetis Inc.; Nutramax Laboratories; Beaphar; Nestle Purina; Nutri- Vet; NaturVet; VetriScience Laboratories; Zesty Paws; Pet Naturals of Vermont; Grizzly Pet Products; Ark Naturals; Others (As Per Request) |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The United States & Canada OTC pet nutritional supplements market is anticipated to witness a 5.9% CAGR through 2033.
In 2022, the United States & Canada OTC pet nutritional supplements market achieved a valuation of USD 1,031.4.
The United States & Canada OTC pet nutritional supplements market is valued at USD 1,082.8 million in 2023.
Sales of puppy nutritional supplements in tablet and capsule form are showing a significant increase.
Joint support nutritional supplement is likely to remain preferred through 2033, exhibiting a CAGR of 4.9%
| Estimated Market Size (2023) | USD 2 billion |
|---|---|
| Projected Market Size (2033) | USD 3.7 billion |
| CAGR (2023 to 2033) | 6.3% |
| Market Size (2023) | USD 2.89 billion |
|---|---|
| Market Size (2033) | USD 5.90 billion |
| Market CAGR (2023 to 2033) | 7.4% |
| Expected Market Value (2023) | USD 2.3 billion |
|---|---|
| Anticipated Forecast Value (2033) | USD 10.4 billion |
| Projected Growth Rate (2023 to 2033) | 14.5% CAGR |
| Market Estimated Size (2022) | USD 54.3 million |
|---|---|
| Projected Market Size (2032) | USD 93.5 million |
| Value-based CAGR (2022 to 2032) | 5.5% |
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United States and Canada OTC Pet Nutritional Supplements Market
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