Global Pet Calming Products Market - 2023-2030

Market Overview

The Global Pet Calming Products Market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 5.7% during the forecast period (2023-2030).

Globally rising cat ownership is expected to have a favorable effect on market expansion. Due to several factors, including human animosity and unfavorable weather, most cat owners prefer not to let their cats outside of the house.

Over the projection period, these variables are anticipated to fuel product demand. The market is driven by pet calming products since they are essential for sustaining the health of the household's cats and occupants.

Market Dynamics

The Demand for Cannabidiol Usage is Increasing the Market Growth

The market is also growing as a result of factors like increasing consumer spending power, growing pet humanization awareness, and growing demand for luxury pet care goods. Urbanization has caused people to live in smaller dwellings, but this has also increased people's acceptance of smaller pets like fish, hamsters and cats.

Consumers want to fill the emptiness created by their absent relatives with pet buddies. Cannabidiol's use in pet soothing products is spurring the market to innovate. The market for pet soothing products is seeing an increase in the availability and popularity of such items.

CBD is utilized in a variety of ways, including oils, treats, and chews, and has been proven to have calming benefits on both people and animals.

The Growing Interest in Luxury Pet Care Goods

In general, premium pet calming products provide higher-quality ingredients, more cutting-edge technology, and more individualized approaches to pet calmness. Cat-specific pet soothing solutions made with pheromones are available from Feliway. The business uses cutting-edge pheromone technology and provides a variety of goods, such as wipes, sprays, and diffusers.

The demand for efficient pet calming products is projected to rise as more pets experience anxiety, fueling the expansion of the market of pet calming product. In the forecast years, it is anticipated that this market will continue to develop and grow as a result of the increasing attention being paid to pet mental health and the creation of more specialized and customized goods.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global pet calming products market is segmented based on pet type, product type, distribution channel and region.

The Increasing Usage of Snacks and Treats in Product Types of Pet Calming Products

The increasing demand for snacks and treats products is growing the market size as pet owners can easily provide these goods to their pets and incorporate them into their normal feeding schedule. These can be used to reward pets or to help them relax in stressful situations without needing any specialized tools or training.

Also, many pet-soothing snacks and treats are prepared with all-natural substances that have relaxing characteristics, including herbs, vitamins and minerals. Pet owners that favor using natural medicines on their animals may find this to be appealing.

Geographical Analysis

Growing Pet Healthcare Expansion in Line With Rising Pet Ownership in the Asia Pacific Region

The demand for pet-related products is increasing as a result of the region's rapid pet ownership trends. According to a survey by Lemonade, 70% of US homes would reportedly have pets in 2022.

In addition, pet owners in this nation spent a lot on services such as grooming, insurance, boarding and training in addition to veterinary expenses.

Some factors driving the markets in this area are rising urbanization, hectic schedules, knowledge of and education about pet calming solutions, and others.

Competitive Landscape

The major global players in the market include Virbac, THUNDERWORKS, PetIQ, LLC., Zesty Paws, Zoetis Inc., NOW Foods, PetHonesty, GARMON CORP., CEVA (ADAPTIL), Nestle Purina Petcare.

Why Purchase the Report?

• To visualize the global pet calming products market segmentation based on product type, raw material, distribution channel, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of pet calming products market-level with all segments.
• The PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping is available in Excel consisting of key products of all the major players.

The Global Pet Calming Products Market Report Would Provide Approximately 61 Tables, 58 Figures and 200 pages.

Target Audience 2023

• Manufacturers / Buyers
• Industry Investors /Investment Bankers
• Research Professionals
• Emerging Companies