dublin, March 26, 2024 /PRNewswire/ — “Chondroitin Sulfate Market for Pet Supplements Market – Forecast 2024 to 2029” report added ResearchAndMarkets.com Recruitment.
Chondroitin sulfate is a natural compound found in cartilage, the protective tissue that surrounds bones in joints, and is a common ingredient in pet supplements aimed at promoting joint health, especially in dogs and cats suffering from osteoarthritis (OA). is. Pet owners often take joint supplements daily when dealing with bone and joint diseases in their pets. These supplements, known as chondroprotectors, are also used to reduce inflammation in various areas of the body, especially those exposed to body fluids and mucus. For example, pets with frequent urination due to inflammation of the bladder lining may benefit from preparations containing glucosamine and chondroitin.
Many pet owners prefer chondroprotectors like glucosamine and chondroitin. Because its holistic approach goes beyond just relieving symptoms to promoting your pet's overall health. Additionally, these supplements tend to have few side effects, making your pet less dependent on prescription medications. Importantly, chondroprotective supplements are generally considered safe for long-term use, that is, over the lifespan of your pet. Chondroitin supplements are recommended in response to joint damage. Starting joint supplements early in your pet's life is also recommended as a preventative measure.
market drivers
Increase in pet ownership rate
The world is increasingly incorporating pets into lifestyle changes, making them indispensable companions around the world. The COVID-19 pandemic has led to an increase in pet adoptions in particular. USthe proportion of households with at least one dog will increase from 38% to 45% between 2016 and 2020, and cat ownership will steadily increase from 25% to 29% in 2022. did. China74 million households own a dog. US There are 85 million dog owners in the United States and 92 million dog owners in the European Union. These figures highlight the global importance of pets and their impact on the chondroitin sulfate market.
Growing awareness of the importance of chondroitin sulfate
Chondroitin sulfate is becoming increasingly popular in the pet supplement field due to increased awareness of its potential benefits in promoting joint health in dogs and cats. Faced with concerns about possible side effects, pet owners are increasingly turning to natural ways to address their pet's health. Chondroitin sulfate from natural sources, such as cartilage and shellfish, fits this preference and may be a safer alternative. Pet caregivers are becoming increasingly aware of the negative impact that osteoarthritis (OA) has on their pets' quality of life.
market challenges
Regulatory hurdles
In the pet supplement space, overcoming regulatory challenges is an obstacle. Currently, AAFCO exclusively oversees the labeling of supplements classified as “food type.” Despite increasing scientific information regarding pet supplements and nutritional supplements for animals, quality control, safety, and efficacy data remain lacking for the majority of these commercially available substances and their corresponding products available for purchase. It's missing. Despite this evidence gap, the use of animal supplements and nutraceuticals is increasing. It is imperative that veterinarians and pet owners alike advocate for stronger regulations governing these products and urge manufacturers to work more closely with researchers to improve pets and the market.
By pet type, the chondroitin sulfate in pet supplements market is divided into dogs and cats
Chondroitin sulfate for the pet supplement market is divided into two categories: for dogs and for cats. US, 65.1 million households consider their dog to be an important family member. According to the American Pet Products Association (APPA), the 46.5 million households that own cats show that companionship with cats is also important. Notably, APPA highlights that a significant portion of U.S. pet owners are Millennials, highlighting the growing importance of pets in this demographic's lives.
Europe Expected to account for a notable share of chondroitin sulfate for pet supplements
Europe Because people in these regions own so many pets, they are expected to account for a significant share of chondroitin sulfate for pet supplements. Pet ownership is growing, as documented in FEDIAF Facts and Figures. Europe90 million households in the European Union accept pets, representing 46% of households. This breakdown of the pet population reveals approximately 110 million cats, 90 million dogs, 50 million birds, 30 million small mammals, 15 million aquariums, and 10 million terrariums. , reveals the diverse presence of pets that contribute to the rich tapestry of European households.
market segmentation
By purity level
By pet type
By geography
- North America
- united states of america
- others
- Europe, middle eastand Africa
- England
- Germany
- France
- others
- Asia Pacific
- China
- Japan
- South Korea
- others
Introduced companies
- unibridge
- Shandong Haiyu Biological Co., Ltd.
- ZPD A/S
- Shandong Run New Biotechnology Co., Ltd.
- Bioiberica SAU
For more information on this report, please visit https://www.researchandmarkets.com/r/snbmbu.
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