The Asia Pacific Pet Supplements Market would witness market growth of 7.6% CAGR during the forecast period (2021-2027).
Pets have been considered as crucial part of human society since ancient times. Dogs are regarded as the best friend of the man with around 33% of the global population owning a dog. The trend of treating cats, dogs, and other small mammals as family members has emerged in the last couple of years. Marketers are optimizing on this trend, and hence gaining a better market position. Moreover, the fast urbanization and rising tourism in the APAC region are expected to boost the pet care market. In the last few years, various pet-friendly hotels have been developed considering this scenario. The Four Seasons Hotel in Singapore – a premium hotel – provides low-cost pet-friendly rooms for pets that have a weight between 7kg to 12kgs.
The Asia-Pacific, led by China, India, Japan, and South Korea is as one of the key markets around the world. The massive demand for premium dog food is directly proportional to the growth of the regional market. The developing countries of the region such as India have witnessed the unbridled spread of misinformation from the immunity to infection of the pets, some households began to leave their pets. This compelled the companies operating in the pet food market to introduce various awareness campaigns to dismiss the rumors.
Due to the panic purchasing of pet food products, a massive supply and demand gap has been created in the market. In addition, the pet food market in the region was incapable to fulfill the demand because of the disruptions in the supply chain and declined logistic services. Hence, the growth of the regional market is expected to be fueled by the rapid urbanization and infrastructure changes in the last few years.
The young generation that holds the major percentage of pet owners accepts that pets should be treated equivalent to small kids, which is expected to fuel the demand for pet dietary supplements. Natural and organic pet vitamins have gained high traction in the last couple of years. The market players are incorporating herbs and superfoods in the pet supplements that will accelerate the growth of the market in upcoming years.
The Offline market dominated the Malaysia Pet Supplements Market by Distribution Channel in 2020, thereby, achieving a market value of $15.1 million by 2027. The Online market is expected to witness a CAGR of 9.5% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Pet Type, the market is segmented into Dogs, Cats and Other types. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pet Supplements Market is Projected to reach USD 2.1 Billion by 2027, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dechra Pharmaceuticals PLC, Nestle S.A., Elanco Animal Health, Inc., Zoetis, Inc., Nutramax Laboratories, Inc., NOW Foods, Inc., Ark Naturals, Kemin Industries, Inc., FoodScience Corporation (Wind Point Partners), and Honest Paws, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Pet Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Dechra Pharmaceuticals PLC
- Nestle S.A.
- Elanco Animal Health, Inc.
- Zoetis, Inc.
- Nutramax Laboratories, Inc.
- NOW Foods, Inc.
- Ark Naturals
- Kemin Industries, Inc.
- FoodScience Corporation (Wind Point Partners)
- Honest Paws, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Pet Supplements Market, by Distribution Channel
1.4.2 Asia Pacific Pet Supplements Market, by Pet Type
1.4.3 Asia Pacific Pet Supplements Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jan – 2021, Apr) Leading Players
Chapter 4. Asia Pacific Pet Supplements Market by Distribution Channel
4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Pet Supplements Market by Pet Type
5.1 Asia Pacific Dogs Market by Country
5.2 Asia Pacific Cats Market by Country
5.3 Asia Pacific Other types Market by Country
Chapter 6. Asia Pacific Pet Supplements Market by Country
6.1 China Pet Supplements Market
6.1.1 China Pet Supplements Market by Distribution Channel
6.1.2 China Pet Supplements Market by Pet Type
6.2 Japan Pet Supplements Market
6.2.1 Japan Pet Supplements Market by Distribution Channel
6.2.2 Japan Pet Supplements Market by Pet Type
6.3 India Pet Supplements Market
6.3.1 India Pet Supplements Market by Distribution Channel
6.3.2 India Pet Supplements Market by Pet Type
6.4 South Korea Pet Supplements Market
6.4.1 South Korea Pet Supplements Market by Distribution Channel
6.4.2 South Korea Pet Supplements Market by Pet Type
6.5 Singapore Pet Supplements Market
6.5.1 Singapore Pet Supplements Market by Distribution Channel
6.5.2 Singapore Pet Supplements Market by Pet Type
6.6 Malaysia Pet Supplements Market
6.6.1 Malaysia Pet Supplements Market by Distribution Channel
6.6.2 Malaysia Pet Supplements Market by Pet Type
6.7 Rest of Asia Pacific Pet Supplements Market
6.7.1 Rest of Asia Pacific Pet Supplements Market by Distribution Channel
6.7.2 Rest of Asia Pacific Pet Supplements Market by Pet Type
Chapter 7. Company Profiles
7.1 Dechra Pharmaceuticals PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisitions and Mergers:
7.2 Nestle S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisitions and Mergers:
7.2.5.3 Product Launches and Product Expansions:
7.3 Elanco Animal Health, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.5.3 Product Launches and product Expansions:
7.4 Zoetis, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.5 Nutramax Laboratories, Inc.
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and product Expansions:
7.5.2.2 Geographical Expansions:
7.6 NOW Foods, Inc.
7.6.1 Company Overview
7.7 Ark Naturals
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and product Expansions:
7.8 Kemin Industries, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and product Expansions:
7.9 FoodScience Corporation (Wind Point Partners)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and product Expansions:
7.10. Honest Paws, LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and product Expansions:
TABLE 1 Asia Pacific Pet Supplements Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Pet Supplements Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Pet Supplements Market
TABLE 4 Product Launches And Product Expansions– Pet Supplements Market
TABLE 5 Acquisition and Mergers– Pet Supplements Market
TABLE 6 Geographical Expansions– Pet Supplements Market
TABLE 7 Asia Pacific Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Offline Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Offline Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Dogs Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Dogs Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Cats Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Cats Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Other types Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Other types Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Pet Supplements Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Pet Supplements Market by Country, 2021 - 2027, USD Million
TABLE 23 China Pet Supplements Market, 2017 - 2020, USD Million
TABLE 24 China Pet Supplements Market, 2021 - 2027, USD Million
TABLE 25 China Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 26 China Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 27 China Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 28 China Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 29 Japan Pet Supplements Market, 2017 - 2020, USD Million
TABLE 30 Japan Pet Supplements Market, 2021 - 2027, USD Million
TABLE 31 Japan Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 32 Japan Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 33 Japan Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 34 Japan Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 35 India Pet Supplements Market, 2017 - 2020, USD Million
TABLE 36 India Pet Supplements Market, 2021 - 2027, USD Million
TABLE 37 India Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 38 India Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 39 India Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 40 India Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 41 South Korea Pet Supplements Market, 2017 - 2020, USD Million
TABLE 42 South Korea Pet Supplements Market, 2021 - 2027, USD Million
TABLE 43 South Korea Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 44 South Korea Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 45 South Korea Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 46 South Korea Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 47 Singapore Pet Supplements Market, 2017 - 2020, USD Million
TABLE 48 Singapore Pet Supplements Market, 2021 - 2027, USD Million
TABLE 49 Singapore Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 50 Singapore Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 51 Singapore Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 52 Singapore Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 53 Malaysia Pet Supplements Market, 2017 - 2020, USD Million
TABLE 54 Malaysia Pet Supplements Market, 2021 - 2027, USD Million
TABLE 55 Malaysia Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 56 Malaysia Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 57 Malaysia Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 58 Malaysia Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 59 Rest of Asia Pacific Pet Supplements Market, 2017 - 2020, USD Million
TABLE 60 Rest of Asia Pacific Pet Supplements Market, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Pet Supplements Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Pet Supplements Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Pet Supplements Market by Pet Type, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Pet Supplements Market by Pet Type, 2021 - 2027, USD Million
TABLE 65 Key information – Dechra Pharmaceuticals PLC
TABLE 66 Key Information – Nestle S.A.
TABLE 67 Key information – Elanco Animal Health, Inc.
TABLE 68 Key Information – Zoetis, Inc.
TABLE 69 Key information – Nutramax Laboratories, Inc.
TABLE 70 Key Information – NOW Foods, Inc.
TABLE 71 Key information – Ark Naturals
TABLE 72 Key Information – Kemin Industries, Inc.
TABLE 73 Key information – FoodScience Corporation
TABLE 74 Key information – Honest Paws, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jan – 2021, Apr) Leading Players
FIG 5 Recent strategies and developments: Dechra Pharmaceuticals PLC
FIG 6 Recent strategies and developments: Nestle S.A.
FIG 7 Recent strategies and developments: Elanco Animal Health, Inc.
FIG 8 Recent strategies and developments: Kemin Industries, Inc.
FIG 9 Recent strategies and developments: Honest Paws, LLC