Product Code: TIPRE00038982
The Europe equine supplements market is projected to grow from US$ 514.79 million in 2022 to US$ 721.22 million by 2030. The market is expected to record a CAGR of 4.3% from 2022 to 2030.
Equine owners are seeking proper nutrition for their equines to enhance their performance and productivity in work and sports. Equine owners check the nutrients and ingredients included in supplements to ensure that the equines receive the most appropriate and beneficial nutrients. They search for products free of artificial additives, preservatives, and fillers. The increasing preference for a healthy diet and rising awareness regarding the benefits of natural ingredients in equines have surged the demand for natural and organic equine supplements.
E-commerce platforms are being used widely across the region for purchasing equine supplements. Increasing penetration of smartphones and the internet, convenient shopping experiences through online retail platforms, and the rising purchasing power of consumers are a few of the key factors driving the sales of various animal nutrition products, such as equine supplements, through e-commerce platforms. Equine owners increasingly prefer online retail platforms to buy equine supplements owing to the detailed product descriptions on the website, the availability of different products of various brands at affordable prices, home delivery services, and consumer ratings and reviews. During the COVID-19 outbreak, equine owners were restricted to staying at their homes, which increased their inclination toward online shopping. Since then, the preference for e-commerce has been significantly rising. According to the International Trade Administration, a US-based Department of Commerce, in 2022, consumer e-commerce made up 30% of the UK's overall retail sector, which was 20% in 2020.
With the rising penetration of e-commerce across the region, equine supplement manufacturers are expanding their online presence by selling products through well-known e-commerce platforms, such as Walmart, Amazon, and Lidl. Moreover, the manufacturers are opening their direct-to-consumer (D2C) retail platform, launching online websites, and selling their products without involving any 3rd party distributor or suppliers.
Based on health benefits, the Saudi Arabia cut vegetables market is segmented digestive health, joint & bone health, hoof & laminitis, general health & immunity, respiratory, muscle support, skin & coat, calming & nervous system, vitamins & minerals, kidney/renal, liver/hepatic, others. The joint & bone health segment holds significant market share in 2022. The rising awareness among equine owners to prevent lameness associated with osteoarthritis is boosting the demand for joint and bone health supplements. Moreover, equine joint and bone supplements support equines of all ages. Thus, the rising demand for joint and bone health supplements has encouraged major manufacturers in the region to provide such products. For example, Vetoquinol, a French company, offers equine supplement products such as "Flexadin UCII" for joint health and mobility.
Based on distribution channel, the market is segmented into supermarkets & hypermarkets, pharmacies & drug stores, pet stores, online retail, and others. Online retail segmented expected to register highest CAGR in the Europe equine supplements market. Animal nutrition products such as equine supplements are widely available across e-commerce channels. Consumers can easily purchase and return these products according to their requirements. Also, many local brands of equine supplements are available across online retail channels at affordable prices, further enhancing customer shopping experience. Additionally, e-commerce platforms confer multiple payment options and easy return/exchange policies, which increase their appeal among consumers.
Greencoat Ltd, Foran Healthcare Ltd, Sectolin BV, Horse First Ltd, Pferdegold Vertriebs GmbH, Hoveler & Equinova Benelux, Good Goods Germany GmbH, Alltech Inc, DBS Equestrian BV, and Nutriquine NV are among the key players operating in the Europe equine supplements market.
The overall Europe equine supplements market size has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs; business development managers; market intelligence managers; national sales managers; and external consultants, including valuation experts, research analysts, and key opinion leaders, specializing in the Saudi Arabia cut vegetables market.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Market Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Europe Equine Supplements Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturing Process
- 4.3.3 Distributors or Suppliers
- 4.3.4 Distribution Channel
- 4.4 List of Vendors
5. Europe Equine Supplements Market - Key Market Dynamics
- 5.1 Europe Equine Supplements Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Increasing Focus on Equine Performance and Productivity
- 5.2.2 Popularity of Equestrian Sports in Europe
- 5.3 Market Restraints
- 5.3.1 Stringent Regulatory Framework
- 5.4 Market Opportunities
- 5.4.1 Rising Preference for E-Commerce Platform
- 5.5 Future Trends
- 5.5.1 Growing Demand for "Natural Equine Supplements"
- 5.6 Impact Analysis of Drivers and Restraints
6. Europe Equine Supplements Market Analysis
- 6.1 Europe Equine Supplements Market Revenue (US$ Million), 2022-2030
- 6.2 Europe Equine Supplements Market Forecast and Analysis
7. Europe Equine Supplements Market Analysis - by Type
- 7.1 Powder
- 7.1.1 Overview
- 7.1.2 Powder: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2 Liquid
- 7.2.1 Overview
- 7.2.2 Liquid: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 7.3 Pellets and Granules
- 7.3.1 Overview
- 7.3.2 Pellets and Granules: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
8. Europe Equine Supplements Market Analysis - by Health Benefits
- 8.1 Digestive Health
- 8.1.1 Overview
- 8.1.2 Digestive Health: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.2 Joint and Bone Health
- 8.2.1 Overview
- 8.2.2 Joint and Bone Health: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.3 Hoof and Laminitis
- 8.3.1 Overview
- 8.3.2 Hoof and Laminitis: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 General Health and Immunity
- 8.4.1 Overview
- 8.4.2 General Health and Immunity: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.5 Respiratory
- 8.5.1 Overview
- 8.5.2 Respiratory: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.6 Muscle Support
- 8.6.1 Overview
- 8.6.2 Muscle Support: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.7 Skin and Coat
- 8.7.1 Overview
- 8.7.2 Skin and Coat: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.8 Calming and Nervous System
- 8.8.1 Overview
- 8.8.2 Calming and Nervous System: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.9 Vitamins and Minerals
- 8.9.1 Overview
- 8.9.2 Vitamins and Minerals: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.10 Kidney/Renal
- 8.10.1 Overview
- 8.10.2 Kidney/Renal: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.11 Liver/Hepatic
- 8.11.1 Overview
- 8.11.2 Liver/Hepatic: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 8.12 Others
- 8.12.1 Overview
- 8.12.2 Others: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
9. Europe Equine Supplements Market Analysis - by Distribution Channel
- 9.1 Supermarkets and Hypermarkets
- 9.1.1 Overview
- 9.1.2 Supermarkets and Hypermarkets: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2 Pharmacies and Drugstores
- 9.2.1 Overview
- 9.2.2 Pharmacies and Drugstores: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3 Pet Stores
- 9.3.1 Overview
- 9.3.2 Pet Stores: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4 Online Retail
- 9.4.1 Overview
- 9.4.2 Online Retail: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5 Others
- 9.5.1 Overview
- 9.5.2 Others: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
10. Europe Equine Supplements Market - Country Analysis
- 10.1 Europe
- 10.1.1 Europe Equine Supplements Market Breakdown by Countries
- 10.1.2 Europe Equine Supplements Market Revenue and Forecast and Analysis - by Country
- 10.1.2.1 Europe Equine Supplements Market Revenue and Forecast and Analysis - by Country
- 10.1.2.2 Germany: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.2.1 Germany: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.2.2 Germany: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.2.3 Germany: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.3 France: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.3.1 France: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.3.2 France: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.3.3 France: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.4 Italy: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.4.1 Italy: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.4.2 Italy: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.4.3 Italy: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.5 Spain: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.5.1 Spain: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.5.2 Spain: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.5.3 Spain: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.6 UK: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.6.1 UK: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.6.2 UK: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.6.3 UK: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.7 Austria: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.7.1 Austria: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.7.2 Austria: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.7.3 Austria: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.8 Switzerland: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.8.1 Switzerland: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.8.2 Switzerland: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.8.3 Switzerland: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.9 Denmark: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.9.1 Denmark: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.9.2 Denmark: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.9.3 Denmark: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.10 Belgium: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.10.1 Belgium: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.10.2 Belgium: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.10.3 Belgium: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.11 Netherlands: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.11.1 Netherlands: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.11.2 Netherlands: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.11.3 Netherlands: Europe Equine Supplements Market Breakdown by Distribution Channel
- 10.1.2.12 Rest of Europe: Europe Equine Supplements Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.2.12.1 Rest of Europe: Europe Equine Supplements Market Breakdown by Type
- 10.1.2.12.2 Rest of Europe: Europe Equine Supplements Market Breakdown by Health Benefits
- 10.1.2.12.3 Rest of Europe: Europe Equine Supplements Market Breakdown by Distribution Channel
11. Europe Equine Supplements Market - Impact of COVID-19 Pandemic
- 11.1 Pre & Post COVID-19 Impact
12. Competitive Landscape
- 12.1 Heat Map Analysis
- 12.2 Company Positioning & Concentration
13. Company Profiles
- 13.1 Greencoat Ltd
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Foran Healthcare Ltd
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Sectolin BV
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Horse First Ltd
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Pferdegold Vertriebs GmbH
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Hoveler & Equinova Benelux
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Good Goods Germany GmbH
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Alltech Inc
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 DBS Equestrian BV
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Nutriquine NV
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners