Global Pet Obesity Management Market by Product (Drugs, Food Supplements), by Animal Type (Cats, Dogs), by End Use (E-commerce, Pet Specialty Stores) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global pet obesity management market was worth USD 626.99 millions in 2018. It is projected to grow at 6.8% CAGR over the forecast period. The market is likely to grow due to rising demand to reduce pet obesity. Obesity can also increase the risk of developing other chronic diseases like osteoarthritis or diabetes. An APOP report shows that in 2017, 56% and 60% of American cats and dogs were obese or overweight.
This market is expected to grow due to increased pet adoption and higher per capita income, particularly in developing countries. The market growth will be accelerated by rising cases of obesity in pets.
In 2016, the average cost of arthritis treatment, which is often aggravated by excess weight, was USD 310.0. This market is driven by rising concern among pet owners about managing excess weight in companion animals. The market will continue to grow due to the increasing number of companion owners.
American Veterinary Medical Association, (AVMA), states that pet ownership is increasing in the United States. The market's largest segment is the dogs animal type. It is higher in rural areas than it is in cities. According to a 2017 APPA survey, 85 million households had pets in the U.S. In 2017, the U.S. pet market expenditure was USD 69.5 million.
Product Insights
Due to the absence of branded pet medicines, the food supplements market accounted for the largest share of the 2018 market. As pet owners increasingly rely on food supplements and exercise for weight management, this segment will grow. The segment's growth is expected to be further fueled by a growing demand for nutritious, healthy and organic food products. Consumers are increasingly spending on high-quality pet food because of their changing lifestyles.
The rise in pet obesity and subsequent increase in osteoarthritis cases is driving up the demand for food supplements to help manage weight. Kingsbrook Vets reported that osteoarthritis was the leading cause of death in American dogs. This is despite their age. Contrary to popular belief, policies imposed by Drug Price Control (DPCO), units stop veterinary pharmaceutical companies generating an investmentable surplus.
This creates barriers to entry for new businesses, which in turn hinders market growth. The segment will continue to grow because of the high demand for weight management programs that include proper exercise and healthy meals. As in some cases, medications may also be prescribed to help with obesity if it is not managed by exercise and food alone, the segment's CAGR is expected to grow at the highest rate between 2019 and 2026. Off-label use of some medicines includes Orlistat by Glaxo Smith cline, Saxenda By Novo Nordisk and Belviq from Arena Pharmaceuticals.
Information on Animal Types
Due to higher animal healthcare spending in developed regions, the market share for dogs was the largest in 2018. According to APPA companion animal spending has been steadily on the rise, and was valued at USD 72.56 million in 2017. Due to the preference for cats over dogs, the fastest growth is expected to be in the cats segment. AAPA reports show that around 47.1 households owned cats in 2017, and 59% of cats in the U.S. were overweight.
End-Use Information
The market segment is expected to dominate the market in the coming years, owing to the easy availability of pet food supplements via online portals. These portals also offer discounted prices. Ecommerce platforms will be more popular due to rising smartphone penetration and the internet's accessibility to remote areas in developing countries like India and China.
Amazon, BuyWow and 1mg are some of the most popular websites that offer pet food supplements and medications. The other segment includes hospitals, veterinary clinics, and veterinary clinics. Due to an increase in pet clinic visits, it is projected to experience the highest growth rate between 2019 and 2026. This segment will be further impacted by the wide variety of services and treatments available in these facilities.
Regional Insights
In 2018, North America occupied the largest market share. Nearly 25-30% of the general canine population were suffering from obesity in this region. The market will continue to grow due to rising pet ownership. A 2017 AAPA report found that 60.2 million households in the United States had at least one dog.
Market growth is further expected to be facilitated by favorable insurance policies. A rising number of pet owners being concerned about the risks associated with obesity is driving demand for weight management programs that are efficient. This is expected to also boost the market. AAPA reported that the US pet industry spent USD 69.4 Billion in 2017.
Asia Pacific will be the fastest growing region market during the forecast period. This is due to the increasing adoption of pets in emerging countries like India. India is one the most lucrative markets because of government efforts to improve veterinary care facilities and funding schemes offered by both the state and national governments. As per a report published in 2016 by Open Government Data Platform (Government of India), the country had 11,367 veterinary hospitals/polyclinics.
Market Share Insights & Key Companies
This industry is competitive and has many small- and big-scale businesses. Pedigree, Hills Pet Nutrition, Inc., and Royal Canin are some of the most prominent players in the global market. To capture more market share, these companies concentrate on product development and expanding their distribution channels.
They want to maintain strong competition by satisfying unmet needs through the delivery of economic products. They also constantly seek to increase their profits by merging and buying other companies, expanding geographically, etc. Royal Canin, for instance, teamed up with Celebrity Alison Sweeny in May 2018 to tackle pet obesity.
Market Report Scope on Pet Obesity Management
Report Attribute |
More Details |
2020 Market Size Value |
USD 693.92 Million |
Forecast revenue in 2026 |
USD 1.04 Billion |
Growth Rate |
CAGR of 6.8% between 2019 and 2026 |
Estimation base year |
2018 |
Historical data |
2015 - 2017 |
Forecast period |
2019 - 2026 |
Quantitative units |
From 2019 to 2026, revenue in USD millions and CAGR |
Report coverage |
Forecast revenue, company ranking and competitive landscape, growth factors and trends |
Segments covered |
End-use, product, and animal type |
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
Country coverage |
U.S.; Canada; U.K.; Germany; Italy; France; Spain; Japan; China; India; Mexico; Brazil; Argentina; South Africa; Saudi Arabia |
Key companies profiled |
Pfizer animal Health; Novo Nordisk A/S, Royal Canin; Vivaldis. Hills Pet Nutrition; Auxthera LLC |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your specific research needs. Explore your purchase options |
The Report Covers Certain Segments
This report predicts revenue growth and volume growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2015 to 2026. Grand View Research has divided the global pet obesity management report by product, animal type and end use.
-
Product Outlook (Revenue USD Million, 2015-2026)
-
Drugs
-
Food Supplements
-
-
The Animal Type Outlook (Revenue USD Million, 2015-2026)
-
Dogs
-
Cats
-
-
End Use Outlook (Revenue USD Million, 2015-2026)
-
Pet Specialty Stores
-
E-commerce
-
Other
-
-
Regional Outlook (Revenue USD Million, 2015-2026)
-
North America
-
The U.S.
-
Canada
-
-
Europe
-
The U.K.
-
Germany
-
France
-
Italy
-
Spain
-
-
Asia Pacific
-
Japan
-
China
-
India
-
-
Latin America
-
Mexico
-
Brazil
-
Argentina
-
-
Middle East & Africa
-
South Africa
-
Saudi Arabia
-
-
These are the most frequently asked questions about this report
What is the size of the pet obesity market?b. Global pet obesity management market was valued at USD 658.14 Million in 2019, and is forecast to grow to USD 693.92 millions in 2020.
What is the growth rate of the pet obesity market?b. Global pet obesity management market is expected grow at 6.8% compound annual growth rate from 2019 to 2026, reaching USD 1,045.76 millions by 2026.
Which market segment had the largest share in pet obesity management?b. With a 31.87% share in 2019, North America was the dominant market for pet obesity management. This can be attributed to increasing pet ownership and favorable insurance policies.
What are the major players in pet obesity management?b. Pfizer animal Health, Novo Nordisk A/S and Royal Canin are some of the key players in the pet obesity management industry.
What are the main factors that drive the pet obesity market?b. b.
Up Market Research published a new report titled “Pet Obesity Management Market research report which is segmented by Product (Drugs, Food Supplements), by Animal Type (Cats, Dogs), by End Use (E-commerce, Pet Specialty Stores), By Players/Companies Royal Canin; Hills Pet Nutrition, Inc; and Pedigree These companies focus on new product development and expansion of their distribution channels to capture a larger market share”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Pet Obesity Management Market Research Report |
By Product | Drugs, Food Supplements |
By Animal Type | Cats, Dogs |
By End Use | E-commerce, Pet Specialty Stores |
By Companies | Royal Canin; Hills Pet Nutrition, Inc; and Pedigree These companies focus on new product development and expansion of their distribution channels to capture a larger market share |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 211 |
Number of Tables & Figures | 148 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Pet Obesity Management Market Report Segments:
The market is segmented by Product (Drugs, Food Supplements), by Animal Type (Cats, Dogs), by End Use (E-commerce, Pet Specialty Stores).
Pet Obesity Management Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Pet Obesity Management Market
Overview of the regional outlook of the Pet Obesity Management Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Pet Obesity Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Pet Obesity Management Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Drugs
2. Food Supplements
7. By Animal Type:1. Cats
2. Dogs
8. By End Use:1. E-commerce
2. Pet Specialty Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Obesity Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Pet Obesity Management Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Obesity Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Obesity Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Obesity Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Obesity Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Obesity Management Market Size & Forecast, 2018-2028
4.5.1 Pet Obesity Management Market Size and Y-o-Y Growth
4.5.2 Pet Obesity Management Market Absolute $ Opportunity
Chapter 5 Global Pet Obesity Management Market Analysis and Forecast by Product
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Product
5.1.2 Basis Point Share (BPS) Analysis by Product
5.1.3 Absolute $ Opportunity Assessment by Product
5.2 Pet Obesity Management Market Size Forecast by Product
5.2.1 Drugs
5.2.2 Food Supplements
5.3 Market Attractiveness Analysis by Product
Chapter 6 Global Pet Obesity Management Market Analysis and Forecast by Animal Type
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Animal Type
6.1.2 Basis Point Share (BPS) Analysis by Animal Type
6.1.3 Absolute $ Opportunity Assessment by Animal Type
6.2 Pet Obesity Management Market Size Forecast by Animal Type
6.2.1 Cats
6.2.2 Dogs
6.3 Market Attractiveness Analysis by Animal Type
Chapter 7 Global Pet Obesity Management Market Analysis and Forecast by End Use
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by End Use
7.1.2 Basis Point Share (BPS) Analysis by End Use
7.1.3 Absolute $ Opportunity Assessment by End Use
7.2 Pet Obesity Management Market Size Forecast by End Use
7.2.1 E-commerce
7.2.2 Pet Specialty Stores
7.3 Market Attractiveness Analysis by End Use
Chapter 8 Global Pet Obesity Management Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Pet Obesity Management Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Asia Pacific
8.2.4 Latin America
8.2.5 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Pet Obesity Management Analysis and Forecast
10.1 Introduction
10.2 North America Pet Obesity Management Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Pet Obesity Management Market Size Forecast by Product
10.6.1 Drugs
10.6.2 Food Supplements
10.7 Basis Point Share (BPS) Analysis by Product
10.8 Absolute $ Opportunity Assessment by Product
10.9 Market Attractiveness Analysis by Product
10.10 North America Pet Obesity Management Market Size Forecast by Animal Type
10.10.1 Cats
10.10.2 Dogs
10.11 Basis Point Share (BPS) Analysis by Animal Type
10.12 Absolute $ Opportunity Assessment by Animal Type
10.13 Market Attractiveness Analysis by Animal Type
10.14 North America Pet Obesity Management Market Size Forecast by End Use
10.14.1 E-commerce
10.14.2 Pet Specialty Stores
10.15 Basis Point Share (BPS) Analysis by End Use
10.16 Absolute $ Opportunity Assessment by End Use
10.17 Market Attractiveness Analysis by End Use
Chapter 11 Europe Pet Obesity Management Analysis and Forecast
11.1 Introduction
11.2 Europe Pet Obesity Management Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Pet Obesity Management Market Size Forecast by Product
11.6.1 Drugs
11.6.2 Food Supplements
11.7 Basis Point Share (BPS) Analysis by Product
11.8 Absolute $ Opportunity Assessment by Product
11.9 Market Attractiveness Analysis by Product
11.10 Europe Pet Obesity Management Market Size Forecast by Animal Type
11.10.1 Cats
11.10.2 Dogs
11.11 Basis Point Share (BPS) Analysis by Animal Type
11.12 Absolute $ Opportunity Assessment by Animal Type
11.13 Market Attractiveness Analysis by Animal Type
11.14 Europe Pet Obesity Management Market Size Forecast by End Use
11.14.1 E-commerce
11.14.2 Pet Specialty Stores
11.15 Basis Point Share (BPS) Analysis by End Use
11.16 Absolute $ Opportunity Assessment by End Use
11.17 Market Attractiveness Analysis by End Use
Chapter 12 Asia Pacific Pet Obesity Management Analysis and Forecast
12.1 Introduction
12.2 Asia Pacific Pet Obesity Management Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 South East Asia (SEA)
12.2.7 Rest of Asia Pacific (APAC)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Asia Pacific Pet Obesity Management Market Size Forecast by Product
12.6.1 Drugs
12.6.2 Food Supplements
12.7 Basis Point Share (BPS) Analysis by Product
12.8 Absolute $ Opportunity Assessment by Product
12.9 Market Attractiveness Analysis by Product
12.10 Asia Pacific Pet Obesity Management Market Size Forecast by Animal Type
12.10.1 Cats
12.10.2 Dogs
12.11 Basis Point Share (BPS) Analysis by Animal Type
12.12 Absolute $ Opportunity Assessment by Animal Type
12.13 Market Attractiveness Analysis by Animal Type
12.14 Asia Pacific Pet Obesity Management Market Size Forecast by End Use
12.14.1 E-commerce
12.14.2 Pet Specialty Stores
12.15 Basis Point Share (BPS) Analysis by End Use
12.16 Absolute $ Opportunity Assessment by End Use
12.17 Market Attractiveness Analysis by End Use
Chapter 13 Latin America Pet Obesity Management Analysis and Forecast
13.1 Introduction
13.2 Latin America Pet Obesity Management Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America (LATAM)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Latin America Pet Obesity Management Market Size Forecast by Product
13.6.1 Drugs
13.6.2 Food Supplements
13.7 Basis Point Share (BPS) Analysis by Product
13.8 Absolute $ Opportunity Assessment by Product
13.9 Market Attractiveness Analysis by Product
13.10 Latin America Pet Obesity Management Market Size Forecast by Animal Type
13.10.1 Cats
13.10.2 Dogs
13.11 Basis Point Share (BPS) Analysis by Animal Type
13.12 Absolute $ Opportunity Assessment by Animal Type
13.13 Market Attractiveness Analysis by Animal Type
13.14 Latin America Pet Obesity Management Market Size Forecast by End Use
13.14.1 E-commerce
13.14.2 Pet Specialty Stores
13.15 Basis Point Share (BPS) Analysis by End Use
13.16 Absolute $ Opportunity Assessment by End Use
13.17 Market Attractiveness Analysis by End Use
Chapter 14 Middle East & Africa (MEA) Pet Obesity Management Analysis and Forecast
14.1 Introduction
14.2 Middle East & Africa (MEA) Pet Obesity Management Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of Middle East & Africa (MEA)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Middle East & Africa (MEA) Pet Obesity Management Market Size Forecast by Product
14.6.1 Drugs
14.6.2 Food Supplements
14.7 Basis Point Share (BPS) Analysis by Product
14.8 Absolute $ Opportunity Assessment by Product
14.9 Market Attractiveness Analysis by Product
14.10 Middle East & Africa (MEA) Pet Obesity Management Market Size Forecast by Animal Type
14.10.1 Cats
14.10.2 Dogs
14.11 Basis Point Share (BPS) Analysis by Animal Type
14.12 Absolute $ Opportunity Assessment by Animal Type
14.13 Market Attractiveness Analysis by Animal Type
14.14 Middle East & Africa (MEA) Pet Obesity Management Market Size Forecast by End Use
14.14.1 E-commerce
14.14.2 Pet Specialty Stores
14.15 Basis Point Share (BPS) Analysis by End Use
14.16 Absolute $ Opportunity Assessment by End Use
14.17 Market Attractiveness Analysis by End Use
Chapter 15 Competition Landscape
15.1 Pet Obesity Management Market: Competitive Dashboard
15.2 Global Pet Obesity Management Market: Market Share Analysis, 2019
15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.3.1 Royal Canin; Hills Pet Nutrition
15.3.2 Inc; and Pedigree These companies focus on new product development and expansion of their distribution channels to capture a larger market share