Pet Obesity Management Market Size Worth $1.04 Billion By 2026

Pet Obesity Management Market Growth & Trends

The global pet obesity management market size is expected to reach USD 1.04 billion by 2026 registering a CAGR of 6.8%, according to a new report by Grand View Research, Inc. Growing cases of pet obesity is expected to drive the market over the forecast period. According to the Association for Pet Obesity Prevention, 56% of dogs and 60% of cats were obese in U.S in 2017. Moreover, the number of companion animals with clinical obesity is expected to increase rapidly over the forecast period, thereby augmenting market development. Lack of water consumption and physical activity due to age factors leads to obesity in pets, which, in turn, is projected to boost the market growth.

In addition, obesity breeds conditions, such as high blood pressure, arthritis, and certain forms of cancer, are expected to propel the market in near future. Commercial pet foods contain too much grain that may cause more craving for foods. Thus, overfeeding can also increase the risk of obesity in animals. Strategic initiatives by various governments and private companies for increasing the awareness about pet care are expected to drive the market further. For instance, Hills Pet Nutrition laid down the guidelines to spread awareness about the risks associated with overfeeding.

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Pet Obesity Management Market Report Highlights

• Food supplements accounted for the largest share of the global market in 2018 and is likely to maintain its dominance over the forecast years due to high demand

• Cats animal type segment is expected to register the highest CAGR over the forecast period owing to rising number of pet cats in U.S. and other North American countries

• E-commerce accounted for the largest market share in 2018 due to easy availability of a wide variety of products on online portals, which saves consumer time

• North America held the dominant market share in 2018 owing to the highest number of pet obesity cases reported in this region

• Moreover, favorable insurance policies also make this region a major contributor to the market growth

• Asia Pacific is anticipated to witness the highest CAGR due to rising pet adoption, especially in Japan and India

• Major companies in the global pet obesity management market are Royal Canin; Pedigree Petfoods; Hill’s Pet Nutrition, Inc.; and Pfizer Animal Health

Pet Obesity Management Market Segmentation

Grand View Research has segmented the global pet obesity management market on the basis of product, animal type, end use, and region:

Pet Obesity Management Product Outlook (Revenue, USD Million, 2015 - 2026)

• Drugs

• Food Supplements

Pet Obesity Management Animal Type Outlook (Revenue, USD Million, 2015 - 2026)

• Dogs

• Cats

Pet Obesity Management End Use Outlook (Revenue, USD Million, 2015 - 2026)

• Pet Specialty Stores

• E-commerce

• Others

Pet Obesity Management Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Mexico

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia