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Pet Food Treats Market Analysis by Pet Type (Dogs, Cats, Others); By Product (Eatables, Chewable); By Distribution Channel (Supermarkets & Hypermarkets, Specialty Pet Stores, Online) and by Region: Global Forecast, 2024 - 2033

  • PUBLISHED ON
  • 2022-08-04
  • NO OF PAGES
  • 221
  • CATEGORY
  • Food & Beverages

Market Overview

The Pet Food Treats market is predicted to develop at a compound annual growth rate (CAGR) of 11.3% from 2024 to 2033, when it is projected to reach USD 124.2 Billion, based on an average growth pattern. The market is estimated to reach a value of USD 37.31 Billion in 2024.

 

SOURCE: We Market Research

Pet food is defined as treats created specially to supplement an animal's diet and provide enjoyment. Typically, these snacks are produced for cats and dogs. Treats that satisfy the senses and gratify pets' cravings often come in an assortment of flavors, textures, and forms. Among the delectable and nutritious ingredients that go into producing them are meat, grains, vegetables, and vitamins that are especially selected to support the health of pets. Treats are a common technique used by pet owners to indulge their dogs, train their animals, and reward good behavior. Moderation is key to maintaining a balanced diet and preventing overfeeding. Treating your pet with pet food on a regular basis is a fun approach to promote their mental and physical well-being.

The global market for pet food treats is influenced by several factors. First off, rising pet ownership and humanization initiatives have raised demand for premium and specialty pet treats. In addition, as people become more conscious of the health and wellbeing of their pets, they are looking for treats that contain natural and beneficial ingredients. Innovative product offers also satisfy dietary needs and preferences. Examples of these include treats that are grain-free, organic, and hypoallergenic. For pet owners who are always on the go, the convenience of packaged treats contributes to the business's growth. These elements combine to support the expansion of the worldwide pet food treats industry by catering to the evolving needs of pet owners everywhere.

 

 Market Scope

Report Attributes

Description

Market Size in 2024

USD 37.31 Billion

Market Forecast in 2033

USD 119.11Billion

CAGR % 2024-2033

11.3%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Pet Type, By Product, By Distribution Channel and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

 

Pet Food Treats Industry: Dynamics & Restrains


 

 Market opportunity:



We Market Research: Pet Food Treats Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.


Pet Food Treats Segmentation

Market- By Pet Type Analysis

By Pet Type, the Pet Food Treats Market is Categories into Dogs, Cats, Others. The Dogs segment accounts for the largest share of around 69% in 2024.


The segment's drivers include increased dog ownership, humanization inclinations, the need for useful treats that support health, and a preference for portable snack options.

The following segments are part of an in-depth analysis of the global Pet Food Treats market:

Market Segments

 

By  Product

·         Eatables

·         Chewables

By  Distribution Channel

·         Supermarkets & Hypermarkets

·         Specialty Pet Stores

·         Online

 

Pet Food Treats Industry: Regional Analysis

North America Market Forecast

North America dominate the Pet Food Treats Market with the highest revenue generating market with share of more than 47%. Pet humanization and other developments are driving demand for premium and organic treats, which are dominated by the pet owner community. Market dynamics are shaped by regulatory norms, which guarantee product safety and quality.

Europe Market Statistics

Europe's Pet Food Treats market is the second largest market due to the trend toward premiumization is driving up consumer spending on upscale pet treats. Support from regulations guarantees quality and safety, which boosts customer confidence. The transition to sustainable products is consistent with environmental awareness. Convenient pet treats are in high demand due to urbanization and hectic lifestyles.

Asia Pacific Market Forecasts

Asia Pacific is expected to be the fastest-growing regional segment of the Pet Food Treats market during the forecast period. In the Asia Pacific region, treat demand is driven by rising pet adoption and disposable income levels brought up by rapid urbanization. Health-focused products and premiumization are encouraged by Western influence. Growing e-commerce increases market accessibility. The trend in culture towards viewing dogs as members of the family encourages spending on their welfare.

Key Market Players

 The Pet Food Treats Market is dominated by a few large companies, such as

·         Hill's Pet Nutrition, Inc.

·         Addiction Foods

·         Spectrum Brands, Inc.

·         Unicharm Corporation

·         Blue Buffalo Co., Ltd

·         Mars, Incorporated and its Affiliates

·         Nestlé

·         SCHELL & KAMPETER, INC.

·         The J.M. Smucker Company

·         Wellness Pet Company

·         Other

1.      Global Pet Food Treats Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Pet Food Treats Market Scope and Market Estimation

1.2.1. Global Pet Food Treats Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2033)

1.2.2. Global Pet Food Treats Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033

1.3.    Market Segmentation

1.3.1. Component of Global Pet Food Treats Market

1.3.2. Technology of Global Pet Food Treats Market

1.3.3. Distribution Channel of Global Pet Food Treats Market

1.3.4. Region of Global Pet Food Treats Market

2.      Executive Summary

2.1.    Global Pet Food Treats Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Pet Food Treats Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.    Value Chain / Ecosystem Analysis

2.7.    Russia-Ukraine War Impacts Analysis

2.8.    Economic Downturn Analysis

2.9.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Pet Food Treats Market Estimates & Historical Trend Analysis (2019 - 2022)

4.      Global Pet Food Treats Market Estimates & Forecast Trend Analysis, by PET TYPE

4.1.    Global Pet Food Treats Market Revenue (US$ Mn) Estimates and Forecasts, by PET TYPE, 2019 to 2033

4.1.1. Dogs

4.1.2. Cats

4.1.3. Others

5.      Global Pet Food Treats Market Estimates & Forecast Trend Analysis, by Product

5.1.    Global Pet Food Treats Market Revenue (US$ Mn) Estimates and Forecasts, by Product, 2019 to 2033

5.1.1. Eatables

5.1.2. Chewables

6.      Global Pet Food Treats Market Estimates & Forecast Trend Analysis, by Distribution Channel

6.1.    Global Pet Food Treats Market Revenue (US$ Mn) Estimates and Forecasts, by Distribution Channel, 2019 to 2033

6.1.1. Supermarkets & Hypermarkets

6.1.2. Specialty Pet Stores

6.1.3. Online

7.      Global Pet Food Treats Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Pet Food Treats Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.      North America Pet Food Treats Market: Estimates & Forecast Trend Analysis

8.1.    North America Pet Food Treats Market Assessments & Key Findings

8.1.1. North America Pet Food Treats Market Introduction

8.1.2. North America Pet Food Treats Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

8.1.2.1.   By PET TYPE

8.1.2.2.   By Product

8.1.2.3.   By Distribution Channel

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Europe Pet Food Treats Market: Estimates & Forecast Trend Analysis

9.1.    Europe Pet Food Treats Market Assessments & Key Findings

9.1.1. Europe Pet Food Treats Market Introduction

9.1.2. Europe Pet Food Treats Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

9.1.2.1.   By PET TYPE

9.1.2.2.   By Product

9.1.2.3.   By Distribution Channel

9.1.2.4.        By Country

9.1.2.4.1.     Germany

9.1.2.4.2.     U.K.

9.1.2.4.3.     France

9.1.2.4.4.     Italy

9.1.2.4.5.     Spain

9.1.2.4.6.     Russia

9.1.2.4.7.     Rest of Europe

10.  Asia Pacific Pet Food Treats Market: Estimates & Forecast Trend Analysis

10.1.  Asia Pacific Market Assessments & Key Findings

10.1.1.   Asia Pacific Pet Food Treats Market Introduction

10.1.2.   Asia Pacific Pet Food Treats Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

10.1.2.1.    By PET TYPE

10.1.2.2.    By Product

10.1.2.3.    By Distribution Channel

10.1.2.4.    By Country

10.1.2.4.1. China

10.1.2.4.2. Japan

10.1.2.4.3. India

10.1.2.4.4. Australia

10.1.2.4.5. South Korea

10.1.2.4.6. ASEAN

10.1.2.4.7. Rest of Asia Pacific

11.  Middle East & Africa Pet Food Treats Market: Estimates & Forecast Trend Analysis

11.1.  Middle East & Africa Market Assessments & Key Findings

11.1.1.   Middle East & Africa Pet Food Treats Market Introduction

11.1.2.   Middle East & Africa Pet Food Treats Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

11.1.2.1.    By PET TYPE

11.1.2.2.    By Product

11.1.2.3.    By Distribution Channel

11.1.2.4.    By Country

11.1.2.4.1. U.A.E.

11.1.2.4.2. Saudi Arabia

11.1.2.4.3. Egypt

11.1.2.4.4. South Africa

11.1.2.4.5. Rest of Middle East & Africa

12.  South America Pet Food Treats Market: Estimates & Forecast Trend Analysis

12.1.  South America Market Assessments & Key Findings

12.1.1.   South America Pet Food Treats Market Introduction

12.1.2.   South America Pet Food Treats Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

12.1.2.1.    By PET TYPE

12.1.2.2.    By Product

12.1.2.3.    By Distribution Channel

12.1.2.4.    By Country

12.1.2.4.1. Brazil

12.1.2.4.2. Argentina

12.1.2.4.3. Colombia

12.1.2.4.4. Rest of South America

13.  Competition Landscape

13.1.  Global Pet Food Treats Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2.  Global Pet Food Treats Market Competition White Space Analysis, By Distribution Channel

13.3.  Global Pet Food Treats Market Competition Heat Map Analysis, By Distribution Channel

13.4.  Global Pet Food Treats Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.                     Hill's Pet Nutrition, Inc.

14.1.1.   Company Overview & Key Stats

14.1.2.   Financial Performance & KPIs

14.1.3.   Product Portfolio

14.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.      Addiction Foods

14.3.      Spectrum Brands, Inc.

14.4.      Unicharm Corporation

14.5.      Blue Buffalo Co., Ltd

14.6.      Mars, Incorporated and its Affiliates

14.7.      Nestlé

14.8.      SCHELL & KAMPETER, INC.

14.9.      The J.M. Smucker Company

14.10.  Wellness Pet Company

14.11.  Others

15.  Research Methodology

15.1.  External Transportations / Databases

15.2.  Internal Proprietary Database

15.3.  Primary Research

15.4.  Secondary Research

15.5.  Assumptions

15.6.  Limitations

15.7.  Report FAQs

16.  Research Findings & Conclusion

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