Europe Pet Supplements Market Forecast to 2028 - Regional Analysis - by Form (Chewable, Powder, and Others), Pet Type (Dogs, Cats, and Others), and Distribution Channel (Online and Offline)
The Europe pet supplements market is expected to grow from US$ 617.43 million in 2022 to US$ 873.49 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.
Rising Number of Pet Owners Drive Europe Pet Supplements Market
In recent years, increasing disposable income and growing interest of millennials, especially adults in their early 20s and late 30s, for pet adoption are supporting the pet culture across the globe. In addition, due to the onset of the COVID-19 pandemic, people were working from home and self-isolating; this change in lifestyle inspired households to own pets. Since there was no evidence that pets could contribute to the spread of COVID-19, people felt safe with an animal companion that provided mental and emotional support during the pandemic. Along with increasing pet adoption, it has been observed that there is an increasing spending on pets for their wellbeing. Increasing consumer spending on pet care categories is attributed to the growing trend of pet humanization. Customers are increasing spending on premium pet food and products that are healthy and nutritious. There is a growing focus on pet health and wellness, sustainable products, and natural and locally sourced ingredients. Pet owners are also investing in special pet diets and indulgent products, which offer a better quality of life to their pets. Pet supplements help to improve the immune system and reduce the risk of heart disease, inflammation, cancer, and diabetes. In addition, these supplements also help to improve skin health and enhance the ability to reduce common health problems such as itchy skin, environmental allergies, and bacterial infection. Thus, rising number of pet owners globally is boosting the demand for pet supplements.
Europe Pet Supplements Market Overview
The Europe pet supplements market is sub segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Pet ownership is increasing in these countries. According to the European Pet Food Industry Federation (FEDIAF), Russia has the largest cat population among all European countries, followed by Germany and France. It also has the largest dog population, followed by the UK and Germany. Pet owners treat pets like their family members. According to the 2021 report by FEDIAF, 90 million households in Europe, i.e., ~46% of households, own a pet. With growing pet ownership in Europe, FEDIAF found that pet owners spent more than US$ 20.3 billion on pet nutrition, supplies, and services in 2021. According to the findings of the federation, the pet food industry was worth US$ 28.1 billion in 2021; it recorded a growth of 3.1% in 2021 compared to 2020. Hence, pet nutrition manufacturers are offering premium nutritional supplements in response to the rise in the parenting of pets.
Further, increasing consciousness about pet health influenced European pet owners to shift toward nutraceutical food. Supplements are used as alternatives to drugs by the veterinary community. Adding active ingredients based on intended functionality makes supplements therapeutic, and a healthy form of pet treats. Further, specialist products, including products focusing on specific health benefits, continue to be popular; hence, the demand for such products is rising across the region.
Europe Pet Supplements Market Revenue and Forecast to 2028 (US$ Million)
Europe Pet Supplements Market Segmentation
The Europe pet supplements market is segmented into form, pet type, distribution channel, and country.
Based on form, the Europe pet supplements market is segmented into chewable, powder, and others. In 2022, the chewable segment registered the largest share in the Europe pet supplements market.
Based on pet type, the Europe pet supplements market is segmented into dogs, cats, and others. In 2022, the dogs segment registered the largest share in the Europe pet supplements market.
Based on distribution channel, the Europe pet supplements market is bifurcated into online and offline. In 2022, the offline segment registered the larger share in the Europe pet supplements market.
Based on country, the Europe pet supplements market is segmented into the Germany, the UK, France, Italy, Russia, and the Rest of Europe. In 2022, the Rest of Europe segment registered the largest share in the Europe pet supplements market.
Dorwest Herbs Ltd, Nordic Naturals, Nutramax Laboratories Consumer Care Inc, and Comfort Click Ltd are some of the leading companies operating in the Europe pet supplements market.
Rising Number of Pet Owners Drive Europe Pet Supplements Market
In recent years, increasing disposable income and growing interest of millennials, especially adults in their early 20s and late 30s, for pet adoption are supporting the pet culture across the globe. In addition, due to the onset of the COVID-19 pandemic, people were working from home and self-isolating; this change in lifestyle inspired households to own pets. Since there was no evidence that pets could contribute to the spread of COVID-19, people felt safe with an animal companion that provided mental and emotional support during the pandemic. Along with increasing pet adoption, it has been observed that there is an increasing spending on pets for their wellbeing. Increasing consumer spending on pet care categories is attributed to the growing trend of pet humanization. Customers are increasing spending on premium pet food and products that are healthy and nutritious. There is a growing focus on pet health and wellness, sustainable products, and natural and locally sourced ingredients. Pet owners are also investing in special pet diets and indulgent products, which offer a better quality of life to their pets. Pet supplements help to improve the immune system and reduce the risk of heart disease, inflammation, cancer, and diabetes. In addition, these supplements also help to improve skin health and enhance the ability to reduce common health problems such as itchy skin, environmental allergies, and bacterial infection. Thus, rising number of pet owners globally is boosting the demand for pet supplements.
Europe Pet Supplements Market Overview
The Europe pet supplements market is sub segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Pet ownership is increasing in these countries. According to the European Pet Food Industry Federation (FEDIAF), Russia has the largest cat population among all European countries, followed by Germany and France. It also has the largest dog population, followed by the UK and Germany. Pet owners treat pets like their family members. According to the 2021 report by FEDIAF, 90 million households in Europe, i.e., ~46% of households, own a pet. With growing pet ownership in Europe, FEDIAF found that pet owners spent more than US$ 20.3 billion on pet nutrition, supplies, and services in 2021. According to the findings of the federation, the pet food industry was worth US$ 28.1 billion in 2021; it recorded a growth of 3.1% in 2021 compared to 2020. Hence, pet nutrition manufacturers are offering premium nutritional supplements in response to the rise in the parenting of pets.
Further, increasing consciousness about pet health influenced European pet owners to shift toward nutraceutical food. Supplements are used as alternatives to drugs by the veterinary community. Adding active ingredients based on intended functionality makes supplements therapeutic, and a healthy form of pet treats. Further, specialist products, including products focusing on specific health benefits, continue to be popular; hence, the demand for such products is rising across the region.
Europe Pet Supplements Market Revenue and Forecast to 2028 (US$ Million)
Europe Pet Supplements Market Segmentation
The Europe pet supplements market is segmented into form, pet type, distribution channel, and country.
Based on form, the Europe pet supplements market is segmented into chewable, powder, and others. In 2022, the chewable segment registered the largest share in the Europe pet supplements market.
Based on pet type, the Europe pet supplements market is segmented into dogs, cats, and others. In 2022, the dogs segment registered the largest share in the Europe pet supplements market.
Based on distribution channel, the Europe pet supplements market is bifurcated into online and offline. In 2022, the offline segment registered the larger share in the Europe pet supplements market.
Based on country, the Europe pet supplements market is segmented into the Germany, the UK, France, Italy, Russia, and the Rest of Europe. In 2022, the Rest of Europe segment registered the largest share in the Europe pet supplements market.
Dorwest Herbs Ltd, Nordic Naturals, Nutramax Laboratories Consumer Care Inc, and Comfort Click Ltd are some of the leading companies operating in the Europe pet supplements market.
1. INTRODUCTION
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. EUROPE PET SUPPLEMENTS MARKET OVERVIEW
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials
4.3.2 Manufacturing/Processing
4.3.3 Packaging and Distribution
4.4 Expert Opinion
5. EUROPE PET SUPPLEMENTS MARKET - KEY MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Number of Pet Owners
5.1.2 Strategic Developments by Key Market Players
5.2 Market Restraints
5.2.1 Stringent Regulatory Framework
5.3 Market Opportunities
5.3.1 Consumer Preferences for E-Commerce Platform
5.4 Future Trends
5.4.1 Consumer Preference for Natural Ingredients in Pet Supplements
5.5 Impact Analysis of Drivers and Restraints
6. PET SUPPLEMENTS - EUROPE MARKET ANALYSIS
6.1 Europe Pet Supplements Market -Revenue and Forecast to 2028 (US$ Million)
7. EUROPE PET SUPPLEMENTS ANALYSIS - BY FORM
7.1 Overview
7.2 Europe Pet Supplements Market, By Form (2021 and 2028)
7.3 Chewable
7.3.1 Overview
7.3.2 Chewable: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Powder
7.4.1 Overview
7.4.2 Powder: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8. EUROPE PET SUPPLEMENTS MARKET ANALYSIS - BY PET TYPE
8.1 Overview
8.2 Europe Pet Supplements Market, By Pet Type (2021 and 2028)
8.3 Dogs
8.3.1 Overview
8.3.2 Dogs: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Cats
8.4.1 Overview
8.4.2 Cats: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9. EUROPE PET SUPPLEMENTS ANALYSIS - BY DISTRIBUTION CHANNEL
9.1 Overview
9.2 Europe Pet Supplements Market, By Distribution Channel (2021 and 2028)
9.3 Online
9.3.1 Overview
9.3.2 Online: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Offline
9.4.1 Overview
9.4.2 Offline: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10. EUROPE PET SUPPLEMENTS MARKET - COUNTRY ANALYSIS
10.1 Overview
10.1.1 Europe Pet Supplements Market, by Key Country
10.1.1.1 Germany: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Pet Supplements Market, By Form
10.1.1.1.2 Germany: Pet Supplements Market, by Pet Type
10.1.1.1.3 Germany: Pet Supplements Market, by Distribution Channel
10.1.1.2 UK: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UK: Pet Supplements Market, By Form
10.1.1.2.2 UK: Pet Supplements Market, by Pet Type
10.1.1.2.3 France: Pet Supplements Market, by Distribution Channel
10.1.1.3 France: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 France: Pet Supplements Market, By Form
10.1.1.3.2 France: Pet Supplements Market, by Pet Type
10.1.1.3.3 France: Pet Supplements Market, by Distribution Channel
10.1.1.4 Italy: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Italy: Pet Supplements Market, By Form
10.1.1.4.2 Italy: Pet Supplements Market, by Pet Type
10.1.1.4.3 Italy: Pet Supplements Market, by Distribution Channel
10.1.1.5 Russia: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Pet Supplements Market, By Form
10.1.1.5.2 Russia: Pet Supplements Market, by Pet Type
10.1.1.5.3 Russia: Pet Supplements Market, by Distribution Channel
10.1.1.6 Rest of Europe: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Pet Supplements Market, By Form
10.1.1.6.2 Rest of Europe: Pet Supplements Market, by Pet Type
10.1.1.6.3 Rest of Europe: Pet Supplements Market, by Distribution Channel
11. INDUSTRY LANDSCAPE
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. COMPANY PROFILES
12.1 Comfort Click Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nutramax Laboratories Consumer Care Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Nordic Naturals Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dorwest Herbs Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. APPENDIX
13.1 About The Insight Partners
13.2 Word Index
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. EUROPE PET SUPPLEMENTS MARKET OVERVIEW
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials
4.3.2 Manufacturing/Processing
4.3.3 Packaging and Distribution
4.4 Expert Opinion
5. EUROPE PET SUPPLEMENTS MARKET - KEY MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Number of Pet Owners
5.1.2 Strategic Developments by Key Market Players
5.2 Market Restraints
5.2.1 Stringent Regulatory Framework
5.3 Market Opportunities
5.3.1 Consumer Preferences for E-Commerce Platform
5.4 Future Trends
5.4.1 Consumer Preference for Natural Ingredients in Pet Supplements
5.5 Impact Analysis of Drivers and Restraints
6. PET SUPPLEMENTS - EUROPE MARKET ANALYSIS
6.1 Europe Pet Supplements Market -Revenue and Forecast to 2028 (US$ Million)
7. EUROPE PET SUPPLEMENTS ANALYSIS - BY FORM
7.1 Overview
7.2 Europe Pet Supplements Market, By Form (2021 and 2028)
7.3 Chewable
7.3.1 Overview
7.3.2 Chewable: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Powder
7.4.1 Overview
7.4.2 Powder: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8. EUROPE PET SUPPLEMENTS MARKET ANALYSIS - BY PET TYPE
8.1 Overview
8.2 Europe Pet Supplements Market, By Pet Type (2021 and 2028)
8.3 Dogs
8.3.1 Overview
8.3.2 Dogs: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Cats
8.4.1 Overview
8.4.2 Cats: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9. EUROPE PET SUPPLEMENTS ANALYSIS - BY DISTRIBUTION CHANNEL
9.1 Overview
9.2 Europe Pet Supplements Market, By Distribution Channel (2021 and 2028)
9.3 Online
9.3.1 Overview
9.3.2 Online: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Offline
9.4.1 Overview
9.4.2 Offline: Europe Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10. EUROPE PET SUPPLEMENTS MARKET - COUNTRY ANALYSIS
10.1 Overview
10.1.1 Europe Pet Supplements Market, by Key Country
10.1.1.1 Germany: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Pet Supplements Market, By Form
10.1.1.1.2 Germany: Pet Supplements Market, by Pet Type
10.1.1.1.3 Germany: Pet Supplements Market, by Distribution Channel
10.1.1.2 UK: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UK: Pet Supplements Market, By Form
10.1.1.2.2 UK: Pet Supplements Market, by Pet Type
10.1.1.2.3 France: Pet Supplements Market, by Distribution Channel
10.1.1.3 France: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 France: Pet Supplements Market, By Form
10.1.1.3.2 France: Pet Supplements Market, by Pet Type
10.1.1.3.3 France: Pet Supplements Market, by Distribution Channel
10.1.1.4 Italy: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Italy: Pet Supplements Market, By Form
10.1.1.4.2 Italy: Pet Supplements Market, by Pet Type
10.1.1.4.3 Italy: Pet Supplements Market, by Distribution Channel
10.1.1.5 Russia: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Pet Supplements Market, By Form
10.1.1.5.2 Russia: Pet Supplements Market, by Pet Type
10.1.1.5.3 Russia: Pet Supplements Market, by Distribution Channel
10.1.1.6 Rest of Europe: Pet Supplements Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Pet Supplements Market, By Form
10.1.1.6.2 Rest of Europe: Pet Supplements Market, by Pet Type
10.1.1.6.3 Rest of Europe: Pet Supplements Market, by Distribution Channel
11. INDUSTRY LANDSCAPE
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. COMPANY PROFILES
12.1 Comfort Click Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nutramax Laboratories Consumer Care Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Nordic Naturals Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dorwest Herbs Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. APPENDIX
13.1 About The Insight Partners
13.2 Word Index
