Market Size of Pet Oral Care Products Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.90 Billion |
Market Size (2029) | USD 2.61 Billion |
CAGR (2024 - 2029) | 6.60 % |
Fastest Growing Market | North America |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Pet Oral Care Products Market Analysis
The Pet Oral Care Products Market size is estimated at USD 1.9 billion in 2024, and is expected to reach USD 2.61 billion by 2029, growing at a CAGR of 6.60% during the forecast period (2024-2029).
- The high prevalence of dental diseases in pets primarily drives the market. According to the Australian and American veterinary dental societies, more than 80% of dogs develop gum disease by the age of three, compared to more than 70% of cats at the same age. Therefore, the rise in awareness of pet oral health and increased veterinary health expenditure are expected to propel market growth over the forecast period.
- In addition to the rise in awareness about pet oral health, an increase in veterinary health expenditure is a major boost to market growth. Furthermore, rapid advancements and product launches have also propelled the market globally. However, the high cost of products and the need for proper veterinary dentistry in developing countries will likely hamper the global market.
- Though North America and Europe are the most dominant regions, countries in Asia-Pacific, such as Australia, also witness an increase in the adoption of pets. Statistics released by the Pet Food Manufacturers Association in 2019 revealed that the pet ownership rate stood at 57% and 40% among American households and UK veterans, respectively. In contrast, it stood at 61% in the Australian market, with over 29 million pets. The huge pet population and rising expenditure on pet health needs by pet owners are leading to an increase in innovative product launches by various players present in the North American region.