North America Pet Food Nutraceuticals Market was worth USD 1.82 billion in 2020 and estimated to be growing at a CAGR of 4.23%, to reach USD 2.19 billion by 2025.

Nutraceuticals are one of the fastest-growing segments of the pet industry. The usage of pet supplements and nutraceuticals is a rather recent practice in veterinary medicine.

Pet food supplements are classified as either dietary or therapeutic supplements. Dietary supplements are substances combined with the pet foods to make them nutritionally whole and well-adjusted. Therapeutic supplements (also known as nutraceuticals) are foods that are taken orally to provide a health advantage, either for deterrence or treatment of a disease.  

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The growth of the North America Pet Food Nutraceuticals market is majorly driven by factors such as increasing urbanization, rising wages, implementation of channel specific product expansion, and varying lifestyles, leading to a drop in birth rates and an increase in the number of single person families. Pets are being considered as family members and thus the user predilection for nutrition empowered pet food is further driving the pet food nutraceutical market. However, factors such as different regulatory bodies, lack of recognition of pet food in under-developed countries, and lack of raw materials are restraining the growth of the market in this region.

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Market Segmentation:

The North America Pet Food Nutraceuticals market is segmented based on

Ingredient Type
Omega 3 fatty acids
Proteins and Peptides
Milk Bio actives
Probiotics
Dietary Fibre
Others
Function type
Nutrition/Therapeutic
Supplements
Pet Type
Cats
Fish
Dogs
Bird
Others
Application
Weight Management
Immune system
Food Allergies
Pain Relief
Digestive health
Skin
Coat
Eye care
Geographical Segmentation:

The North America market has been geographically segmented into

USA
 North America is one of the major markets for Pet Food Nutraceuticals, accounting for around 33% of the entire market. In 2015, the retail sales for this market recorded $1.7 billion in US alone. The Canada pet nutraceutical market thoroughly follows the key trends of US but is well-known for more complexity and consumer thought rather than instinct.

Major Key Players:

The major players in this market are focusing in the areas of Digestive health, weight management and beauty (Skin and Coat). The major companies dominating the Pet Food Nutraceuticals market in this region are Diana group, BASF SE, Chr. Hansen A/S, Kemin Industries Inc., Nutraceutical International LLC, and Royal DSM N.V.