After a weak few years, the pet supplement market is expected to go from $541 million in 2014 to exceed $697 million in 2019, according to a new report from Packaged Facts.
With America's discretionary spending on the uptick, along with a myriad of other essential pet industry-specific factors, the next five years will mark a return to form for pet supplements.
Packaged Facts identified several key pet industry-specific factors that will impact the future of the pet supplements market both now and for the foreseeable future.
According to Pet Supplements in the U.S., 5th Edition, these are those factors: premiumization marketing in relation to natural and organic pet supplements, pet obesity/weight management, and senior pets.
