Pet Snacks and Treats Market Forecast by Eatable and Chewable Products from 2024 to 2034
Manufacturer’s Respond to the Shifting Pet Snacks and Treats Market Trends with the Development of High-protein Snacks and Chews
Pet Snacks and Treats Market Outlook
The pet snacks and treats market is likely to be worth USD 13,684.5 million in 2024 and is expected to reach USD 22,215.1 million by 2034. From 2024 to 2034, pet snack and treat sales are expected to advance at a CAGR of 5.0%.
Attributes
Details
Market Value, 2024
USD 13,684.5 million
Market Size, 2034
USD 22,215.1 million
Market CAGR from 2024 to 2034
5.0%
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The Tail-wagging Drivers of Pet Snacks and Treats Market
Pet products are becoming humanized as pet owners see their animals as family members. These consumers are looking for nutritious-balanced and allergen-free treats for their pets.
Pet owners are eying on ingredient sourcing and formulation innovation. Intrigued by new and natural ingredients, as well as those with health benefits, influencing their purchasing decisions.
The proliferation of e-commerce platforms has made obtaining a diverse range of pet snacks and treats simpler. Pet owners can research products and purchase from the comfort of their homes. According to a consumer trends survey conducted in the first quarter of 2023, the sales of pet food have grown to almost 40% on Amazon. Moreover, 24% of pet owners are frequent buyers of pet products from Amazon.
The market for pet snacks and treats is primarily driven by the increase in pet owners worldwide. The need for a wide range of snacks and treats to accommodate varying dietary needs and preferences grows with the pet population.
The close emotional bond between pet owners and their animals fuels a persistent need for diverse pet snack varieties, making the customers give treats very often to show their love and affection.
Ruff Side of Market Constraints for Pet Snacks and Treats Providers
Manufacturers in the pet food industry face difficulties due to strict regulations and standards. Adhering to these regulations can be expensive and time-consuming, affecting the market dynamics and preventing new players from entering it.
The pet food industry is very conscious of ingredient quality and safety. Any problems with ingredients' sourcing, manufacturing, or quality control can erode consumer confidence and hinder market expansion.
Consumer decisions can be influenced by growing awareness of environmental sustainability. Pet owners choose treats made with sustainable practices or packaged in an eco-friendly manner.
Find your sweet spots for generating winning opportunities in this market.
A Chronicle of the Pet Snacks and Treats Market from 2019 to 2023 and Predicting the Pawspectives from 2024 to 2034
Short-term Analysis
Driven by premiumization trends, increased consumer awareness of pet health, and an influx of innovative product offerings, the pet treat market gained momentum between 2019 and 2023.
E-commerce platforms captured a significant portion of pet snacks and treats sales.
Mid-term Analysis
Growth between 2023 and 2028 is anticipated to be driven by changing consumer preferences, an emphasis on natural and organic ingredients, and a rise in individualized pet nutrition.
Working together, pet food manufacturers and health professionals rethink product formulas to create a market that is focused on health.
Attributes
Details
Market Value, 2019
USD 11,082.9 million
Market Size, 2023
USD 13,048.0 million
Market CAGR from 2019 to 2023
4.2%
Long-term Analysis
The demand for pet snacks and treats is expected to change between 2028 and 2033. Smart pet treats and customized diet plans are examples of how technology is integrated into everyday life.
Consumers' increased awareness of the environment spurs innovation in eco-friendly packaging due to sustainability concerns.
The pet snack consumption trends are likely to shape the market's direction and influence the cat snacks industry. According to the American Kennel Club, 86% of pet owners prefer online platforms for pet food shopping.
Category-wise Outlook
The pet biscuits market analysis of segmentation is included in the following subsection. Based on comprehensive studies, the dog sector is leading the pet type category, and the store-based segment is commanding the sales channel category.
The Dogs Segment Reigns in Pet Market with a Share of 42.8% by 2024
The dog’s category shines out in the market due to delicious dog treats such as chew bones and cookies.
The pet industry's consumer preferences reveal a strong inclination toward dog ownership, representing a substantial market share.
Leading Segment
Dog
Segment Share
42.8%
The market dynamics of dog treat products indicate a strong demand for dog-related goods and services, contributing to an upward trajectory in the cat snacks industry.
The popularity of canine companionship in the pet industry and its economic significance are highlighted by the segment leadership of dogs.
Specialty Pet Stores Segment Take the Lead with a Share of 87.3% by 2034
Sales of specialty pet stores, which emphasize a desire for individualized attention and a wide selection of pet supplies, are likely to dominate the market.
Customers seeking specialized pet care solutions choose specialty pet stores because of their convenience and variety.
Leading Segment
Specialty Pet Stores
Segment Share
87.3%
Though specialty stores continue to have a competitive advantage in meeting specific pet needs, supermarkets and hypermarkets follow, providing a one-stop-shop experience.
The cat snacks industry trend indicates a consumer preference for specialty pet stores due to their knowledge and specialized offerings.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Country-wise Analysis
The pet snacks and treats market can be observed in the subsequent tables, which focus on the leading economies in the United States, Germany, France, China, and India. A comprehensive evaluation demonstrates that China has enormous opportunities due to its manufacturers in the cat snacks industry.
Countries
CAGR
United States
4.4%
Germany
3.5%
France
4.4%
China
9.1%
India
6.4%
Trends in the Booming United States Pet Snacks and Treats Industry
The United States market is growing toward premiumization as pet owners seek more inventive, high-quality products.
Growing awareness of pet health and wellness drives a shift toward natural and functional ingredients in the United States pet chew treats sector.
Pet snacks are primarily distributed in the United States through e-commerce platforms, which profit from the convenience and extensive product selection offered to customers.
A Glimpse into Germany Pet Snacks and Treats Industry
Preferences for locally sourced and organic ingredients impact the dog treats market in Germany, which is consistent with the nation's focus on sustainability.
Germany is seeing an increase in the demand for grain-free and hypoallergenic pet snacks, which indicates a growing awareness of pet dietary sensitivities and health-conscious purchasing decisions.
The Germany pet chew treats sector exhibits a strong trend toward humanizing pets. Treats are marketed as luxurious pet experiences, reflecting the close relationship between pet owners and their animals.
A Culinary Exploration of France Pet Snacks and Treats Industry
French consumers have a cultural preference for gourmet and artisanal products that place a premium on flavor and high-quality ingredients.
The France pet chew treats sector increasingly incorporates eco-friendly practices and sustainable packaging to align with the growing environmental awareness.
Pet owners in France have a taste for unusual and exotic flavors in their snacks, which helps to diversify product offerings in the dog treats market.
Shaping the Landscape of Pet Treats in China
China pet snacks and treats industry is increasing due to rising urbanization and an expanding middle class.
Due to the constantly changing nature of the pet chew treats sector, e-commerce platforms, social media influencers, and pet specialty stores are essential distribution channels in China.
The China dog treats market is becoming more premium, with pet owners looking for upscale, specialty, and imported goods to pamper their animals.
The Balance of Quality and Price in India Pet Treats
The growing trend of pet ownership and increased awareness of pet health stimulate demand for pet snacks and treats in India.
The India pet chew treats sector is shaped primarily by affordability and value for money, emphasizing providing high-quality products at reasonable prices.
In India dog treats market, local and traditional ingredients are becoming prevalent, catering to a wide range of gastronomic tastes.
Competitive Analysis
The pet snacks and treats market is very competitive, emphasizing quality, innovation, and health benefits. Leading pet snack and treat suppliers use a variety of marketing techniques and distribution channels to reach a large audience of customers. Consumer preferences are changing, and a focus on natural ingredients and nutritional value drives the global pet treats industry.
The pet snack and treat manufacturers closely monitor pet snack consumption trends to stay competitive, like organic and functional treats. The pet snacks and treats industry is characterized by a dynamic environment constantly evolving and driven by consumer-centric strategies.
Notable Innovations
Company
Details
Hill's Pet Nutrition
Hill's Pet Nutrition introduced the innovative Weight Management & Active Mobility pet food, a nutritional remedy, in March 2022. With years of state-of-the-art research, the newest portfolio includes four SKUs for small mini, medium, and large dogs. Each would provide comprehensive and balanced nutrition.
Wellness Pet Company
Good Dog by Wellness is set to be introduced by Wellness Pet Company in March 2022. With the Good Dog by Wellness portfolio, dog owners can choose from various options to address specific health and training needs, like helping dogs of all ages maintain their whole-body health.
Hill's Pet Nutrition
Hill's Pet Nutrition and Bond Pet Foods, the Boulder, Colorado-based leader in fermented meat proteins for pet food applications, partnered in November 2021. The collaboration aimed to create a meat protein alternative for one of Hill's most well-liked products, considering the dietary needs of dogs and cats.
Nestlé Purina
Nestlé Purina launched pet food in November 2020, designed with alternative proteins to utilize the earth's resources better. Insects and plant protein derived from millet and fava beans are included in the new assortment. The different nutritional requirements of dogs and cats are considered when producing the latest pet food.
Vital Pet Snacks and Treats Manufacturers
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
Key Segments
By Product:
Eatables
Chewables
By Pet Type:
Dogs
Cats
Others
By Distribution Channel:
Supermarkets and Hypermarkets
Specialty Pet Stores
Online
Others
By Region:
North America
Latin America
Europe
Asia Pacific
The Middle East and Africa
Frequently Asked Questions
What are Current Pet Snacks and Treats Market Valuation?
The dog treats market to secure a valuation of USD 13,684.5 million in 2024.
How Big Can the Pet Snacks and Treats Market Be by 2034?
The market size is estimated to reach USD 22,215.1 million by 2034.
What is the Growth Potential of the Pet Snacks and Treats Market?
Through 2034, the market is anticipated to expand at a 5.0% CAGR.
What Was the Historical Outlook of the Pet Snacks and Treats Market?
From 2019 to 2023, the market recorded an HCAGR of 4.2%.
Which Pet Type Segment to Dominate in the Pet Snacks and Treats Market?
From 2024 to 2034, the dog segment is expected to capture a share of 42.8% of the market.
Table of Content
1. Executive Summary
2. Market Overview
3. Market Background
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product
5.1. Eatables
5.2. Chewable
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Pet Type
6.1. Dogs
6.2. Cats
6.3. Others
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel
7.1. Supermarkets & Hypermarkets
7.2. Specialty Pet Stores
7.3. Online
7.4. Others
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. North America
8.2. Latin America
8.3. Europe
8.4. East Asia
8.5. South Asia
8.6. Oceania
8.7. MEA
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16. Key Countries Market Analysis
17. Market Structure Analysis
18. Competition Analysis
18.1. Nestlé
18.2. SCHELL & KAMPETER, INC.
18.3. The J.M. Smucker Company
18.4. Hill's Pet Nutrition, Inc.
18.5. Addiction Foods
18.6. Wellness Pet Company
18.7. Spectrum Brands, Inc.
18.8. Unicharm Corporation
18.9. Blue Buffalo Co., Ltd
18.10. Mars, Incorporated and its Affiliates
19. Assumptions & Acronyms Used
20. Research Methodology