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The global pet snacks and treats market size was assessed at USD 8.19 billion in 2022 and is predicted to increase at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030.
Pet owners in the United States have been spending a lot on their animals' health and nutrition in recent years. The American Pet Products Association (APPA) estimates that American pet owners spent around USD 97.1 billion on their pets in 2019. Healthy treats, snacks, gourmet pet foods, and other high-end products are growing in popularity, which parallels this pattern. Sales in the pet business in 2020 topped USD 29.17 billion, despite the worldwide economic crisis and the COVID-19 pandemic. The rising popularity of keeping dogs as friends and stress relievers during the epidemic is partly responsible for this trend.
Snacks and treats for pets are the edibles given to them as tokens of affection and sometimes even as nutritional supplements. Snacks for pets tend to be edible, whereas treats can be either edible or chewable. As the number of pet owners around the world increases, so does the demand for pet snacks and treats, which is a relatively small but growing subset of the global pet food market.
An increased acceptance of pet adoption is being noticed among the high- and middle-income demographic base. As a result, demand for pet treats and snacks has skyrocketed. However, the presence of allergenic active substances in pet foods is slowing down the expansion of the business. During the forecast period, the market is expected to expand at a healthy rate as more pet owners look for treats and snacks that include functional ingredients that help their pets' immune systems, brains, guts, hearts, skins, joints, stomachs, paws, teeth, and gums.
As a result of this increase in pet ownership, pet treats became a fast-growing market segment, prompting pet food companies to get creative by releasing new products. Dana Brooks, president & CEO of the Pet Food Institute (PFI), claims that as the entire food system saw severe disruptions, pet food manufacturers were also faced with new ingredient sourcing and transportation issues.
The rising pet population in the United States is fueling the industry for pet treats and snacks. For instance, the APPA confirms the findings of a 2020 research commissioned by the U.S. pet food industry showing that pet ownership reached a record high of 70% of homes. The U.S. pet treats industry is flourishing, and this growth will continue to present possibilities for businesses in the supply chain. Manufacturers see a chance to appeal to price-conscious customers by introducing premium lines that target specific demographics beyond gender, age, and activity level.
The sales of products by large companies like Mars, Incorporated and its subsidiaries, Nestlé, and Wellness Pet Company are handled by in-house sales teams and/or independent brokers and distributors. The expansion of online shopping channels bodes well for the pet snacks and treats industry since more consumers will have access to these products. This has prompted manufacturers, notably in the U.S., to offer their items through online companies including Amazon; Walmart; Chewy, Inc.; Petco Animal Supplies, Inc.; and BarkBox.
Markets for pet snacks and treats in the United States, Canada, and Mexico each constitute a unique subset of the North American regional market. There are distinct markets for pet snacks and treats in the United Kingdom (UK), Germany (DE), France (FR), Italy (IT), Spain (ES), and the rest of Europe. China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific each have their own subsections of the Asia-Pacific pet snacks & treats market. South America, the Middle East, and Africa each have their own subset of the global pet snacks & treats market.
Report Coverage
Global Pet Snacks And Treats research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Pet Snacks And Treats report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Pet Snacks And Treats competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Pet Snacks And Treats market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Pet Snacks And Treats market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Pet Snacks And Treats market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Mars, Incorporated and its Affiliates, Nestlé, SCHELL & KAMPETER, INC., The J.M. Smucker Company, Hill's Pet Nutrition, Inc., Addiction Foods, Wellness Pet Company, Spectrum Brands, Inc., Unicharm Corporation, Blue Buffalo Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Pet Snacks And Treats market based on the below-mentioned segments:
Global Pet Snacks And Treats Market, By Type
Chewables
Eatables
Global Pet Snacks And Treats market, By Pet
Dogs
Cats
Birds
Fish
Others
Global Pet Snacks And Treats Market, By Category
Conventional
Organic
Global Pet Snacks And Treats market, Regional Analysis
Pet owners in the United States have been spending a lot on their animals' health and nutrition in recent years. The American Pet Products Association (APPA) estimates that American pet owners spent around USD 97.1 billion on their pets in 2019. Healthy treats, snacks, gourmet pet foods, and other high-end products are growing in popularity, which parallels this pattern. Sales in the pet business in 2020 topped USD 29.17 billion, despite the worldwide economic crisis and the COVID-19 pandemic. The rising popularity of keeping dogs as friends and stress relievers during the epidemic is partly responsible for this trend.
Snacks and treats for pets are the edibles given to them as tokens of affection and sometimes even as nutritional supplements. Snacks for pets tend to be edible, whereas treats can be either edible or chewable. As the number of pet owners around the world increases, so does the demand for pet snacks and treats, which is a relatively small but growing subset of the global pet food market.
An increased acceptance of pet adoption is being noticed among the high- and middle-income demographic base. As a result, demand for pet treats and snacks has skyrocketed. However, the presence of allergenic active substances in pet foods is slowing down the expansion of the business. During the forecast period, the market is expected to expand at a healthy rate as more pet owners look for treats and snacks that include functional ingredients that help their pets' immune systems, brains, guts, hearts, skins, joints, stomachs, paws, teeth, and gums.
As a result of this increase in pet ownership, pet treats became a fast-growing market segment, prompting pet food companies to get creative by releasing new products. Dana Brooks, president & CEO of the Pet Food Institute (PFI), claims that as the entire food system saw severe disruptions, pet food manufacturers were also faced with new ingredient sourcing and transportation issues.
The rising pet population in the United States is fueling the industry for pet treats and snacks. For instance, the APPA confirms the findings of a 2020 research commissioned by the U.S. pet food industry showing that pet ownership reached a record high of 70% of homes. The U.S. pet treats industry is flourishing, and this growth will continue to present possibilities for businesses in the supply chain. Manufacturers see a chance to appeal to price-conscious customers by introducing premium lines that target specific demographics beyond gender, age, and activity level.
The sales of products by large companies like Mars, Incorporated and its subsidiaries, Nestlé, and Wellness Pet Company are handled by in-house sales teams and/or independent brokers and distributors. The expansion of online shopping channels bodes well for the pet snacks and treats industry since more consumers will have access to these products. This has prompted manufacturers, notably in the U.S., to offer their items through online companies including Amazon; Walmart; Chewy, Inc.; Petco Animal Supplies, Inc.; and BarkBox.
Markets for pet snacks and treats in the United States, Canada, and Mexico each constitute a unique subset of the North American regional market. There are distinct markets for pet snacks and treats in the United Kingdom (UK), Germany (DE), France (FR), Italy (IT), Spain (ES), and the rest of Europe. China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific each have their own subsections of the Asia-Pacific pet snacks & treats market. South America, the Middle East, and Africa each have their own subset of the global pet snacks & treats market.
Report Coverage
Global Pet Snacks And Treats research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Pet Snacks And Treats report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Pet Snacks And Treats competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Pet Snacks And Treats market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Mars, Incorporated and its Affiliates, Nestlé, SCHELL & KAMPETER, INC., The J.M. Smucker Company, Hill's Pet Nutrition, Inc., Addiction Foods, Wellness Pet Company, Spectrum Brands, Inc., Unicharm Corporation, Blue Buffalo Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Pet Snacks And Treats Market from 2021 to 2030.
- Market Forecast for Pet Snacks And Treats Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Pet Snacks And Treats competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Pet Snacks And Treats
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Pet Snacks And Treats market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Pet Snacks And Treats market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Mars, Incorporated and its Affiliates, Nestlé, SCHELL & KAMPETER, INC., The J.M. Smucker Company, Hill's Pet Nutrition, Inc., Addiction Foods, Wellness Pet Company, Spectrum Brands, Inc., Unicharm Corporation, Blue Buffalo Co., Ltd.
Primary Target Market
- Market Players of Pet Snacks And Treats
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Pet Snacks And Treats market based on the below-mentioned segments:
Global Pet Snacks And Treats Market, By Type
Chewables
Eatables
Global Pet Snacks And Treats market, By Pet
Dogs
Cats
Birds
Fish
Others
Global Pet Snacks And Treats Market, By Category
Conventional
Organic
Global Pet Snacks And Treats market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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