市場調查報告書
商品編碼
1455743
全球人參狗補品市場 - 2023-2030Global Ginseng Dog Supplement Market - 2023-2030 |
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概述
2022年,全球人參狗補充劑市場達到1.2921億美元,預計2030年將達到2.0907億美元,2023-2030年預測期間CAGR為6.2%。
寵物支出成長的趨勢是包括人參狗補充劑市場在內的各種寵物補充劑成長的重要驅動力根據美國寵物產品協會APPA的數據,美國人在寵物上的支出從2021年的1236億美元增加到2022年的1368億美元. 人參狗補充劑因其天然成分和潛在的健康益處而經常被作為優質產品銷售。隨著寵物主人尋求這些優質產品,對人參狗補充劑的需求預計將會上升。
寵物主人越來越對寵物的醫療保健採取預防性方法,力求在健康問題出現之前預防它們。人參狗補充劑據稱具有增強免疫力和增強整體健康的特性,適合這種預防保健方法。製造商正在利用這一趨勢,開發人參補充劑,旨在促進狗的整體健康並預防與年齡相關的健康問題。
由於寵物狗的關節問題日益增多,關節健康佔據了一半以上的市場。同樣,由於該地區豐富的草藥歷史和人們對寵物健康意識不斷增強的推動,亞太地區在人參狗補充劑市場上佔據主導地位。以人參為基礎的療法在亞洲傳統文化中的流行以及中國、日本和韓國等國家寵物飼養率的上升,促成了亞太地區在該市場的主導地位。
動力學
寵物擁有量的增加
由於寵物數量的增加,人參狗補充劑市場正在經歷成長。根據美國寵物產品協會的2021-2022年全國寵物主人調查,6,900萬美國家庭擁有一隻狗作為寵物。隨著越來越多的人選擇歡迎狗狗進入他們的家庭,對支持這些寵物健康和福祉的產品的需求也隨之增加。
寵物主人擴大投資於為毛茸茸的同伴提供最好的護理,包括人參產品等營養補充劑。人參因其對人類的潛在健康益處而受到推崇,由於其在增強能量、增強免疫功能和促進整體健康方面的優勢,現已得到認可並融入寵物護理方案中。因此,人參狗補充劑市場正在經歷顯著成長,因為它滿足了寵物主人不斷變化的需求和偏好。
專注於天然和整體產品
對天然和整體產品的關注是人參狗補充劑市場成長的重要推動力。寵物主人擴大尋求傳統藥物的替代品,更喜歡符合他們促進寵物整體健康信念的自然療法。人參以其藥用特性和在傳統醫學中的長期使用而聞名,非常適合這個故事。
此外,人們對傳統寵物補充劑中常見的合成成分的潛在副作用的擔憂推動了向天然和整體產品的轉變。人參提供了一種天然的解決方案,吸引了那些優先考慮毛茸茸同伴的安全和福祉的寵物主人。隨著寵物主人繼續優先考慮毛茸茸的伴侶的健康和福祉,天然寵物補充劑(包括含有人參的補充劑)的市場預計將大幅成長。
潛在的健康風險和不良影響
潛在的過敏或敏感性對人參狗補充劑市場的成長構成重大限制。雖然人參通常被認為對大多數狗是安全的,但由於潛在的副作用,不應該給患有高血壓、腎臟病或心肌病變的狗服用。此外,人參可能對狗有血液稀釋作用,這對某些人來說可能是個問題
此外,大量或長期過量服用人參還會導致憂鬱、食慾不振、低血壓、過敏等不良症狀。這些潛在的風險和副作用可能會阻止寵物主人為他們的狗使用人參補充劑,特別是那些對引入新補充劑持謹慎態度或擔心寵物健康的人。
Overview
Global Ginseng Dog Supplement Market reached US$ 129.21 million in 2022 and is expected to reach US$ 209.07 million by 2030, growing with a CAGR of 6.2% during the forecast period 2023-2030.
The trend of growing pet expenditure is a significant driver for the growth of various pet supplements including the ginseng dog supplement market According to APPA, American Pet Products Association, The amount that Americans spend on pets increased from $123.6 billion in 2021 to $136.8 billion in 2022. Ginseng dog supplements are often marketed as premium products due to their natural ingredients, and potential health benefits. As pet owners seek out these premium offerings, the demand for ginseng dog supplements is expected to rise.
Pet owners are increasingly adopting a preventive approach to their pets' healthcare, seeking to prevent health issues before they arise. Ginseng dog supplements, with their purported immune-boosting and overall health-enhancing properties, fit into this preventive healthcare approach. Manufacturers are capitalizing on this trend by developing ginseng supplements targeted at promoting overall wellness and preventing age-related health issues in dogs.
Joint health accounts for over half of the market share due to the rising joint issues on pet dogs. Similarly, Asia-Pacific dominates the ginseng dog supplement market driven by the region's rich history of herbal medicine and growing awareness of pet health. The popularity of ginseng-based remedies in traditional Asian cultures and the rising pet ownership rates in countries like China, Japan, and South Korea contribute to the dominance of Asia-Pacific in this market.
Dynamics
Rise in Pet Ownership
The Ginseng Dog Supplement Market is experiencing growth due to the rise in pet ownership. According to the American Pet Products Association's 2021-2022 National Pet Owners Survey, 69 million U.S. households own a dog as a pet. As more individuals choose to welcome dogs into their homes and families, there is a parallel increase in the demand for products that support the health and well-being of these pets.
Pet owners are increasingly invested in providing their furry companions with the best possible care, including nutritional supplements like ginseng-based products. Ginseng, revered for its potential health benefits in humans, is now being recognized and integrated into pet care regimens due to its perceived advantages in boosting energy, enhancing immune function, and promoting overall well-being. Consequently, the ginseng dog supplement market is experiencing significant growth as it meets the evolving needs and preferences of pet owners.
Focus on Natural and Holistic Products
The focus on natural and holistic products is a significant driver behind the growth of the ginseng dog supplement market. Pet owners are increasingly seeking alternatives to traditional pharmaceuticals, preferring natural remedies that align with their beliefs in promoting overall wellness for their pets. Ginseng, known for its medicinal properties and long-standing use in traditional medicine, fits well into this narrative.
Moreover, the shift towards natural and holistic products is driven by concerns about the potential side effects of synthetic ingredients commonly found in traditional pet supplements. Ginseng offers a natural solution, appealing to pet owners who prioritize the safety and well-being of their furry companions. As pet owners continue to prioritize the health and well-being of their furry companions, the market for natural pet supplements, including those containing ginseng, is expected to grow significantly.
Potential Health Risks and Adverse Effects
Potential allergies or sensitivities pose a significant restraint to the growth of the ginseng dog supplement market. While ginseng is generally considered safe for most dogs, it should not be given to dogs with hypertension, kidney disease, or cardiomyopathy due to potential adverse effects. Additionally, ginseng may have blood-thinning effects on dogs, which can be problematic for certain individuals
Moreover, excessive use of ginseng in large quantities or over the long term can lead to adverse symptoms such as depression, loss of appetite, hypotension, and allergies. These potential risks and side effects may deter pet owners from using ginseng supplements for their dogs, particularly those who are cautious about introducing new supplements or have concerns about their pets' health.
The global ginseng dog supplement market is segmented based on product, dog type, ginseng type, application, distribution channel and region.
Prevalence of Joint Issues in Dogs
Joint health problems, such as arthritis and hip dysplasia, are common in dogs, particularly as they age. According to the IAABC Foundation Journal, Pet dogs are frequently affected by osteoarthritis (OA). 80% of dogs over 8 years old and 20 percent of dogs over 1 year old have been discovered to have some degree of osteoarthritis. As a result, there is a high demand for supplements that can support joint function and alleviate symptoms associated with these conditions.
Ginseng is believed to have anti-inflammatory properties and may help reduce joint pain and inflammation in both humans and animals. As a result, it is often included as an active ingredient in dog supplements targeting joint health. As awareness of the benefits of ginseng-based supplements spreads, particularly in addressing joint issues, the market share of this application segment increases.
Asia-Pacific's Growing Ginseng Production
Ginseng has a long history of traditional medicinal use in many Asian cultures, including China and Korea. According to Earth Observatory, a part of the EOS Project Science Office at NASA Goddard Space Flight Center, China is the world's leading producer of ginseng. Similarly, according to the Jilin Ginseng Industry Association, 60% of China's ginseng is produced in Jilin. The Jilin ginseng industry's output value hit 64 billion yuan (8.77 billion US dollars) in 2022. With increasing ginseng production in the Asia Pacific region, there is a steady and reliable supply of ginseng and its derivatives.
Moreover, the Asia Pacific region has experienced significant growth in pet ownership, particularly in countries like China, Japan, and South Korea. According to a report released Tuesday by Pethadoop, a platform specializing in China's pet industry, China has 54 million pet dogs as of 2021. As pet owners become more invested in the health and well-being of their pets, they are increasingly seeking out supplements like ginseng to improve their pets' health.
With people spending more time at home due to lockdowns and remote work arrangements, there was increased attention on pet health and wellness. This led to a rise in demand for supplements, including those containing ginseng, believed to have health benefits for dogs. Pet owners seek to bolster their pets' immune systems and overall health as a preventative measure against illness, including potential viral infections. Ginseng is often touted for its immune-boosting properties, which made it particularly appealing during a health crisis like Covid-19.
However, COVID-19 has disrupted global supply chains, and affected the availability of raw materials and finished products. This could lead to shortages or delays in the production and distribution of ginseng dog supplements, impacting both manufacturers and consumers. Economic uncertainties resulting from the pandemic affected consumer spending habits. Some pet owners may cut back on non-essential expenses, including supplements, leading to a temporary decline in sales.
The war between Russia and Ukraine affected the supply chain for ginseng or related ingredients used in dog supplements, which led to shortages or price increases. The war led to economic uncertainty, which impacted consumer spending habits. During the war, consumers prioritized essentials over non-essential items such as pet supplements. This led to a temporary decline in demand for premium pet food including ginseng dog supplements.
The major global players in the market include GIGI VET, Animal Health Company, KIN DOG GOODS, Heilsa, Ray Allen Manufacturing, Happea Chappea Limited, Animaux, INLIFE Healthcare, Royal Pet, URANOVET, S.L.
The global ginseng dog supplement market report would provide approximately 78 tables, 78 figures and 200 Pages.
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