The Growing Pet-Supplements Market

By September 25, 2017Pet & feed

 

A recent TechNavio market research report charts out a bright future for dietary supplements in the global pet-health market. The market researcher predicts a compound annual growth rate (CAGR) of 5.26% for the global pet-supplements market moving forward between 2016 and 2020.1

One of the contributing factors to this market growth will be the continuing increase in the number of patents in the ingredients marketplace, as manufacturers of pet-health dietary supplements continue to strive to formulate better products. Another significant influencing factor for growth in the global pet dietary supplements market is the onset of a number of age-related health issues in pets of all kinds, which can lead to a number of disorders.

Source: The Growing Pet-Supplements Market | Nutritional Outlook