What is Pet Calming Product - Global Market?
The Pet Calming Product Global Market is an intriguing sector that focuses on products designed to alleviate stress and anxiety in pets. This market has seen significant growth due to the increasing awareness among pet owners about the mental health of their pets. These products range from wearable devices, calming treats, supplements, to diffusers that release calming pheromones into the environment. The rise in pet adoption rates and the humanization of pets have also contributed to the expansion of this market. As pets are increasingly considered part of the family, owners are more willing to invest in products that can improve their pets' quality of life. This market caters to a variety of animals, including dogs, cats, and other pets, offering solutions tailored to the unique needs of each species. With ongoing research and development, the Pet Calming Product Global Market continues to introduce innovative products aimed at addressing the diverse causes of stress in pets, thereby enhancing the bond between pets and their owners.
Pheromone, Snack, Supplements, Others in the Pet Calming Product - Global Market:
Delving into the Pet Calming Product Global Market, we find it segmented into pheromone-based products, snacks, supplements, and other categories, each offering unique solutions to pet anxiety and stress. Pheromone products, for instance, mimic the natural pheromones produced by animals to calm and reassure their young, proving effective in reducing stress-related behaviors in pets. These are available in various forms, such as diffusers, sprays, and collars, making them versatile for different settings and situations. Snacks, on the other hand, are calming treats formulated with ingredients known for their soothing properties, such as chamomile and L-theanine, providing a palatable way for pets to ingest substances that promote relaxation. Supplements take a more direct approach, often containing a blend of vitamins, minerals, and herbal extracts aimed at supporting the overall mental well-being of pets, helping to manage stress levels over time. The 'others' category encompasses a wide range of products, including toys and wearable devices, designed to distract and soothe anxious pets. Together, these segments offer a comprehensive approach to managing pet anxiety, catering to the varied preferences and needs of pets and their owners.
Dogs, Cats, Others in the Pet Calming Product - Global Market:
The usage of Pet Calming Products in the global market spans across dogs, cats, and other pets, each benefiting distinctly from these innovations. For dogs, who often experience separation anxiety, noise phobias, and other stressors, these products can provide significant relief, enhancing their ability to cope in stressful situations. Cats, known for their sensitivity to environmental changes, also benefit from calming products, particularly pheromone diffusers and sprays that can make their surroundings feel safer and more secure. Other pets, including birds, rabbits, and small mammals, have their unique stress triggers, which can be mitigated through a combination of supplements, snacks, and environmental modifications. The versatility of calming products means that regardless of the pet's species, there is likely a solution available to help manage their stress. This broad applicability underscores the importance of the Pet Calming Product Global Market in improving the lives of pets and their owners by fostering a more harmonious living environment for all.
Pet Calming Product - Global Market Outlook:
The Pet Calming Product Global Market has shown impressive growth, with its value estimated at US$ 14,700 million in 2023, and projections suggest it will reach US$ 21,390 million by 2030, growing at a CAGR of 5.5% during the forecast period from 2024 to 2030. This market is a significant component of the broader pet industry, particularly within the pet medical care segment, which has seen substantial growth. For instance, in the UK, expenditure on veterinary and other pet services surged from £2.6 billion in 2015 to £4 billion in 2021, marking a 54% increase in just six years. Globally, the animal health industry's value is also on the rise, with an expected increase of 12% to $38.3 billion in 2021, according to Vetnosis. In China, the pet medical market has reached about 67.5 billion, accounting for approximately 22.5% of the entire pet industry, as highlighted in the 2022 China Pet Medical Industry White Paper. These figures underscore the growing recognition of the importance of pet health and well-being, driving demand for pet calming products as part of comprehensive pet care.
| Report Metric | Details |
| Report Name | Pet Calming Product - Market |
| Forecasted market size in 2030 | US$ 21390 million |
| CAGR | 5.5% |
| Forecasted years | 2024 - 2030 |
| Segment by Type: |
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| Segment by Application |
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| By Region |
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| By Company | Nestle Purina Petcare, Virbac, NOW Foods, Zoetis Inc., PetHonesty, Zesty Paws, THUNDERWORKS, PetlQ LLC, Ceva Animal Health, Garmon Corp., Nutramax Laboratories, FOODSCIENCE CORPORATION, Only Natural Pet, Beaphar, Feliway, ADAPTIL, SENTRY, Relaxivet |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
