Global Pet Calming Products Market 2023-2029 | Size, Share, Growth
According to TechSci Research report, “Global Pet Calming Products Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Pet Calming Products Market stood at USD 16.1 Billion in 2023 and is anticipated to grow with a CAGR of 5.6% in the forecast period, 2025-2029. The Pet Calming Products market has emerged as a dynamic and rapidly expanding segment within the broader pet care industry. As the bond between pet owners and their furry companions deepens, there is a growing awareness of the mental well-being of pets.
The Pet Calming Products market has witnessed remarkable growth in recent years, driven by various factors such as the humanization of pets, increased urbanization, and a shift in consumer preferences towards natural and holistic solutions. The market’s growth can be attributed to the rising number of pet owners who recognize and prioritize the emotional well-being of their animals. This has led to a shift in consumer behavior, with pet owners actively seeking products that address stress and anxiety in pets, contributing to the expansion of the Pet Calming Products market.
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The Pet Calming Products market is being driven by a confluence of factors that reflect the evolving relationship between humans and their pets. The increased awareness of pet mental health, urbanization, the humanization of pets, veterinary endorsements, and the influence of e-commerce are all instrumental in shaping the market landscape. As the pet industry continues to evolve, the Pet Calming Products market is poised for sustained growth, driven by a deepening understanding of the emotional needs of companion animals and the desire of pet owners to provide the best possible care for their beloved pets.
The Pet Calming Products market is experiencing a transformative phase, marked by innovation, consumer awareness, and a commitment to the holistic well-being of companion animals. The trends discussed, from the demand for natural formulations to the integration of CBD and technology-driven solutions, collectively reflect the industry’s responsiveness to evolving consumer preferences. As the market continues to evolve, stakeholders must stay attuned to these trends to capitalize on opportunities, foster innovation, and contribute to the overall health and happiness of pets around the world.
The future prospects of the Pet Calming Products market are promising, with several trends and factors pointing towards sustained growth and evolution. As the pet care industry continues to mature, the significance of addressing pets’ mental well-being is expected to play an increasingly pivotal role. Here are key factors contributing to the bright future prospects of the Pet Calming Products market.
As the industry adapts to emerging trends, leverages scientific advancements, and responds to evolving consumer preferences, it is poised to become an increasingly integral part of the broader pet care landscape. The commitment to the mental well-being of pets is not only a trend but a paradigm shift that is likely to shape the industry’s trajectory for years to come. Manufacturers, researchers, and stakeholders who align with these future-focused considerations are well-positioned to thrive in the evolving landscape of the Pet Calming Products market.
The global Pet Calming Products market is segmented into type, pet type, distribution channel and region.
Based on type, the snacks and treats segment dominated the market with largest share of over in 2023. These types of products are easy to give to pets and can be incorporated into their regular feeding routine. They don’t require any special equipment or training to use and can be given to pets as a reward or as a way to calm them down during stressful situations.
Based on region, the pet calming products industry was dominated by the North American region, holding a largest share. The demand for pet-related products is rising due to the region’s rapidly increasing trends in pet ownership. According to a Lemonade blog, 70% of American families have a pet in 2022. In addition, pet owners in this nation paid over USD 9.7 billion for non-veterinary services like grooming, boarding, insurance, and training. Growing urbanisation, busy lifestyles, and increased knowledge and education on pet calming products are all driving forces behind the industry in this area.
Major companies operating in global Pet Calming Products market are:
- Nestlé Purina Petcare
- Virbac
- NOWFoods
- Zoetis Inc.
- PetHonesty
- Zesty Paws
- THUNDERWORKS
- PetIQ, LLC.
- CEVA (ADAPTIL)
- GARMON CORP. (NaturVet)
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“The Pet Calming Products market is experiencing robust growth, driven by the deepening bond between pet owners and their companions. With an increasing awareness of pet mental health, the market has witnessed a surge in demand for products designed to alleviate stress and anxiety in animals. Segmented by various product types, distribution channels, and regions, the market showcases diversity and innovation. Key trends include a preference for natural formulations, the integration of CBD, and a focus on personalized solutions. Despite challenges such as skepticism and competition, the market’s future prospects remain promising, driven by research, technological advancements, and the continued humanization of pets.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Pet Calming Products Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Food & Supplements, Snack & Treats, Gel & Ointment, Spray & Mist, Others), By Pet Type (Dog, Cat, Others), By Distribution Channel (Online, Offline), By Region, By Competition, 2019-2029, has evaluated the future growth potential of global Pet Calming Products market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Pet Calming Products market.
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