Veterinary Dietary Supplements Market is expected to expand at a lucrative CAGR of 8.2% from 2021 to 2028
Veterinary Dietary Supplements Industry Overview The global veterinary dietary supplements market size was valued at USD 1.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2021 to 2028. Growing need to treat, mitigate, or prevent diseases in livestock and companion animals and the rising pet population and humanization are some of the key drivers contributing to market growth. According to 2020 report by FONA International Inc., millennials and Gen-Z generations are driving the humanization and premiumization trends in the pet food market, including veterinary dietary supplements. The COVID-19 pandemic has propelled the demand for quality veterinary supplements due to growing pet health concerns. Veterinary dietary supplements that support immune health have gained traction during 2020. Pet owners are also becoming more interested in novel products and ingredients such as CBD supplements and are seeking ...