Pet Calming Products Market to Grow with a CAGR of 5.6% Globally through 2029
Increased pet ownership, growing awareness of pet
anxiety, wider availability of products are factors driving the global pet
calming products market in the forecast period
2025-2029.
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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