Pet Oral Care Market Trends: Increasing Pet Expenditure and Innovations Lead Growth
The global pet oral care market is on a growth trajectory, projected to reach $3 billion by 2030 with a CAGR of 6.1% over the forecast period, according to the latest publication from Meticulous Research®. This expansion is driven by increasing pet ownership, rising pet expenditure, and a growing awareness of dental health in pets.
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Market Dynamics and Growth Drivers
The surge in pet ownership and the escalating pet population are significant factors contributing to the market's growth. As more households welcome pets and invest in their well-being, spending on pet health, including oral care, has risen. Enhanced pet insurance coverage further boosts spending on preventive and therapeutic dental products. Additionally, the prevalence of dental diseases in pets underscores the need for effective oral care solutions, further propelling market growth.
Product Segmentation and Trends
The pet oral care market is segmented into various product categories including toothpaste, toothbrushes, mouthwash, dental chews, additives, and other oral care products. Among these, dental chews are anticipated to witness the highest CAGR during the forecast period. This growth is driven by continuous innovation in dental chew ingredients and the introduction of novel products, such as Clear Conscience Pet's new plaque-preventive Kelp-based chew, launched in January 2024. The convenience and efficacy of dental chews compared to traditional toothbrushes and toothpaste are also contributing to their rising popularity.
Animal Type and Market Share
In terms of animal type, the dogs segment is expected to dominate the market in 2024. This is attributed to the widespread adoption of dogs as pets globally and a growing focus on their oral health, particularly in developed regions. Dog owners are increasingly seeking effective oral care solutions to maintain their pets' dental health.
Sales Channels and Regional Insights
The market is also segmented by sales channels, with online platforms projected to experience the highest growth rate. The rise in online sales is driven by increased awareness about pet health, growing pet adoption, and the convenience of purchasing oral care products online. This trend is particularly notable in developing countries where e-commerce is expanding rapidly.
Geographically, North America is expected to hold the largest market share in 2024, led by the U.S., which is poised to be the largest market within the region. High levels of pet health expenditure, significant disposable incomes, and a substantial pet population contribute to this market dominance. Europe and Asia-Pacific follow, with Asia-Pacific expected to show strong growth due to rising pet ownership and increasing awareness of pet health.
Key Market Players
The competitive landscape of the pet oral care market includes several key players such as Boehringer Ingelheim International GmbH (Germany), VETOQUINOL S.A. (France), AllAccem, Inc. (U.S.), Petzlife UK (U.K.), Dechra Pharmaceuticals PLC (U.K.), imRex Inc. (Canada), Nestlé S.A. (Switzerland), Mars, Incorporated (U.S.), Ceva Animal Health, LLC (U.S.), Virbac S.A. (France), and Hill's Pet Nutrition, Inc. (U.S.). These companies are at the forefront of innovation, offering a range of products designed to improve pet dental health.
Conclusion
As the pet oral care market continues to grow, driven by increasing pet ownership and advancements in oral care products, stakeholders in the industry have a significant opportunity to capitalize on emerging trends. The rise in online sales, coupled with innovations in dental chews and other oral care products, will shape the future of this dynamic market.
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