Veterinary supplements play a crucial role in maintaining the health and vitality of animals, supporting various physiological functions, promoting immune function, enhancing growth and development, and optimizing performance. These supplements are available in various forms, including powders, pellets, liquids, chews, and topical preparations, and are administered orally or topically to meet the specific requirements of individual animals based on factors such as species, age, breed, activity level, and health status.

Veterinary Supplements market is estimated to attain a valuation of US$ 15.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.9% during the forecast period, 2023-2031

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The significant players operating in the global Veterinary Supplements market are- Zoetis, Ceva Sante Animale, Elanco Animal Health, Vetoquinol S.A., Dechra Pharmaceuticals plc, Merck Animal Health, Virbac S.A., Boehringer Ingelheim, Norbrook Laboratories Limited, Hester Biosciences Limited, Merial Animal Health Limited, Novartis Animal Health, Inc., Nutreco N.V., and Ouro Fino Saúde Animal.

Recent Developments:

1. Specialized Formulations for Companion Animals: Manufacturers are introducing specialized formulations of veterinary supplements tailored to the unique nutritional requirements and health concerns of companion animals, including supplements for joint health, skin and coat support, digestive health, cognitive function, and stress management, offering pet owners a comprehensive range of options to promote the health and vitality of their pets.
2. Performance-enhancing Supplements for Livestock: In the livestock industry, the development of performance-enhancing supplements, such as growth promoters, feed additives, and immune boosters, aims to improve feed efficiency, enhance growth rates, and reduce the incidence of diseases, optimizing production outcomes and profitability for livestock producers.
3. Natural and Organic Supplements: Increasing consumer demand for natural, organic, and sustainably sourced products drives the development of veterinary supplements formulated with natural ingredients, botanical extracts, and plant-based nutrients, catering to pet owners’ preferences for holistic and environmentally friendly health solutions for their animals.
4. Functional Ingredients and Nutraceuticals: The incorporation of functional ingredients, nutraceuticals, and specialty nutrients, such as omega-3 fatty acids, probiotics, prebiotics, antioxidants, and herbal extracts, into veterinary supplement formulations offers targeted health benefits and therapeutic effects, addressing specific health conditions and performance needs in animals while minimizing the risk of adverse reactions.

Market Segmentation –

• Supplement Type
  • Antioxidants
  • Vitamins
  • Proteins / Amino acids
  • Enzymes
  • Probiotics
  • Essential Fatty Acids
  • Others
• Animal Type
  • Companion Animals
    • Dog
    • Cat
  • Livestock
    • Cattle
    • Horse
    • Sheep
    • Others
• Application / Benefit Area
  • Joint Health Support
  • Calming / Stress / Anxiety
  • Digestive Health
  • Energy & Electrolytes
  • Immunity Support
  • Skin & Coat Health
  • Others

This Report lets you identify the opportunities in Veterinary Supplements Market by means of a region:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
• South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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