Pet Food Treats Market Size, Share Global Analysis Report, 2021–2028

Industry Insights

[198+ Pages Report] According to Facts and Factors, the global pet food treats market was estimated to be worth USD 70 billion in 2020 and is estimated to reach over USD 96.7 billion by 2028 with a compound annual growth rate (CAGR) of over 5.45%. The report analyses the pet food treat market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global pet food treats market.

Market Overview

Pet foods are unique foods made from plant or animal matter. Pet food, treats, and beverages make up the market for the same. Pet treats with high-quality components are usually recommended for consumption nutrition. Treats, on the other hand, are a technique for reinforcing positive behavior in pets. Drinks are likely to be referred to as liquid consumables to quench thirst. Baked goods such as biscuits, dried vegetables or fruits, and toasted grains are common pet snacks. Jerky, tooth chews, and other treats are common.

Growth Drivers

The increased adoption of pets, particularly in developing nations, is one of the primary drivers driving the global pet food treats market’s growth. Pet owners are becoming more mindful of their pets' nutritional demands as a result of their humanization, and are feeding them only high-quality, nutritional meals. This element is likely to have a substantial impact on the global pet treat market's growth. Furthermore, as per capita wealth rises around the world, pet owners are ready to spend more on their pets' health.

Pet treat producers all over the world are putting a lot of effort into dominating the market by releasing a varied selection of products to cater to the needs of all types of pets of various ages and nutritional requirements. Crunchy and chewy snacks are preferred by dogs, whilst wet foods are preferred by cats. Both of these animals, however, require high protein treats to meet their fundamental dietary requirements. To increase their consumer market, companies provide specific treats for other pet types, such as rabbits.

Furthermore, pet food manufacturers are also delivering individualized pet foods from the perspective of the customer, which is emerging as a new trend in the global pet food treats market. Manufacturers have also started making personalized food based on information provided by clients, such as grain or grain-free food preferences for their pets, nutritional values to be added based on the pet's activity, and other pertinent factors. When the personally tailored blend is completed, the pet food is sent to the customer's door, along with feeding instructions and information about the meal's ingredients. Pet food customization is becoming more popular as e-commerce grows thereby driving the global pet treats market growth.

Various governments throughout the world have taken steps to promote the use of safe and healthy products in order to improve the general wellness of pets. Media advertising, as well as online retailing, is predicted to be a growing distribution route. All of this is projected to boost the market growth positively.

Report Scope

Regional Landscape

The North American market is expected to have the highest demand for pet treats thereby dominating the global pet treats market. There are a lot of pet owners in this region who are worried about their pets' health and only feed them high-quality treats. The pet food treats market is growing rapidly in Europe, which has the second greatest market share in this region.

Recent Development

• Phelps Pet Products, a pet treats manufacturer based in the United States, signed a licensing arrangement with The Walt Disney Company in March 2021. Through this collaboration with Disney, a line of products based on Disney and Pixar cartoon characters will be released. This themed product line will be called 'Table ScrapsTM,' and it will be aimed exclusively towards dogs.

Competitive Landscape

Some of the key players operating in the global pet food treats market are

• Del Monte Food Inc.
• Colgate-Palmolive Company
• TruDog
• ANI BRANDS
• WellPet LLC.
• Mars Incorporation
• GA Pet Foods Partners
• SmartCookieTreats.com
• Nutriara Alimentos Ltd.
• Diamond Pet Foods
• Blue Buffalo Company Ltd.
• Total Alimentos SA
• Nestle Purina Petcare Company
• The J.M. Smucker Company
• Unicharm Corporation
• Plato Pet Treats
• Royal Canin
• Yantai China Pet Foods Co. Ltd.
• other prominent players.

Global pet food treats market is segmented as follows:

By Commodity Segment Analysis

• Snacks/Treats
• Wet/Canned Food
• Dry Food
• Healthy Food
• Others

By Costing Segment Analysis

• Super-Premium
• Premium
• Economy

By Consumer Segment Analysis

• Cat
• Dog
• Others

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Reunion
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Southeast Asia
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America