Pet Snacks and Treats Market Introduction and Overview
According to SPER Market Research, the Global Pet Snacks and Treats Market is estimated to reach USD 113.9 billion by 2033 with a CAGR of 12.09%.
The report includes an in-depth analysis of the Global Pet Snacks and Treats Market, including market size and trends, product mix, applications, and supplier analysis. Products made specifically to reward, amuse, and enhance a pet's diet are known as pet snacks and treats. Pets like dogs, cats, and even small animals have distinct tastes and needs, thus these treats come in a variety of forms, including biscuits, chews, jerky, soft morsels, and dental treats. Pet treats can be used for practical reasons, such improving skin and coat health, assisting with digestion, or encouraging dental health, in addition to being enjoyable. Certain treats, like low-calorie ones for pets on a diet or high-protein options for active pets, are made with particular health benefits in mind.
Market Opportunities and Challenges
Opportunities- The need for natural, wholesome, delicious, and healthy pet snacks and treats that are vital for the general development and well-being of companion animals has been driven by the high pet adoption rate over the years and the growing trend to view pets as an essential part of the family. Pet owners are prepared to spend more for gourmet, specialist, and high-quality snacks and treats with distinctive flavors, textures, and compositions. Pet ownership is on the rise worldwide, and more and more people are considering their furry friends to be essential members of the family. The "humanization of pets" trend is booming, encouraging pet owners to spend more money on high-quality food, toys, and even clothing for their cherished animals. Pets, such as dogs, cats, birds, and small mammals, have become more and more common in families over time. Pets offer unconditional love, emotional support, and companionship—all of which are especially desirable to single people and nuclear families. An older population, postponed marriage and childbirth, urbanization, and other lifestyle changes have made pet ownership more popular as a means of meeting emotional needs and improving general wellbeing.
Challenges- Industry growth will be impeded by strict rules. Strict control methods are applied to these items. Policies in Western countries are a hindrance to the expansion of the industry. The components used in the industry are closely examined. The progress of the sector is also anticipated to be hindered by the stringent regulation of these products. The sector also provides premium, high-quality products, but their high cost acts as additional barrier to industry expansion.
Market Competitive Landscape
The Global Pet Snacks and Treats Market is consolidated. Some of the market key players are the companies listed in alphabetical order are: Colgate Palmolive Company, General Mills Inc., Mars, Incorporated, Merrick Pet Care, Nestlé S.A., Off-Leash Pet Treats, Spectrum Brands, Inc., The J.M. Smucker Company, VAFO Group a.s., and Wellness Pet, LLC.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product, By Pet Type, By Distribution Channel. |
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
|
Companies Covered | Colgate Palmolive Company, General Mills Inc., Mars, Incorporated, Merrick Pet Care, Nestlé S.A., Off-Leash Pet Treats, Spectrum Brands, Inc., The J.M. Smucker Company, VAFO Group a.s., and Wellness Pet, LLC. |
COVID-19 Impact on Global Pet Snacks and Treats Market
The global market for pet snacks and treats was significantly impacted by the COVID-19 epidemic, which had a variety of effects on consumer behavior and business operations. Because many pet owners spent more time at home during the pandemic, pet ownership increased and, as a result, so did the demand for pet supplies like snacks and treats. Pet treats were in high demand during lockdowns as individuals looked for methods to strengthen their bonds with their animals, particularly those that provided health advantages like immunological or dental support. Additionally, as consumers turned away from in-person shopping due to the transition to e-commerce, online sales of pet snacks and treats increased significantly.
Key Target Audience:
- Pet Owners
- Pet Care Professionals
- Veterinarians
- E-commerce Consumers
- Health-Conscious Pet Owners
- Premium Pet Product Shoppers
- Pet Retailers and Distributors
Our in-depth analysis of the Pet Snacks and Treats Market includes the following segments:
By Product: | EatableChewable |
By Pet Type: | DogsCatsOthers |
By Distribution Channel: | Supermarkets & HypermarketsPet Specialty StoresOnlineOthers |
Key Topics Covered in the Report:
- Global Pet Snacks and Treats Market Size (FY’2024-FY’2033)
- Overview of Global Pet Snacks and Treats Market
- Segmentation of Global Pet Snacks and Treats Market By Product (Eatable, Chewable)
- Segmentation of Global Pet Snacks and Treats Market By Pet Type (Dogs, Cats, Others)
- Segmentation of Global Pet Snacks and Treats Market By Distribution Channel (Supermarkets & Hypermarkets, Pet Specialty Stores, Online, Others)
- Statistical Snap of Global Pet Snacks and Treats Market
- Expansion Analysis of Global Pet Snacks and Treats Market
- Problems and Obstacles in Global Pet Snacks and Treats Market
- Competitive Landscape in the Global Pet Snacks and Treats Market
- Impact of COVID-19 and Demonetization on Global Pet Snacks and Treats Market
- Details on Current Investment in Global Pet Snacks and Treats Market
- Competitive Analysis of Global Pet Snacks and Treats Market
- Prominent Players in the Global Pet Snacks and Treats Market
- SWOT Analysis of Global Pet Snacks and Treats Market
- Global Pet Snacks and Treats Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Pet Snacks and Treats Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Pet Snacks and Treats Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Pet Snacks and Treats Market
7. Global Pet Snacks and Treats Market, By Product (USD Million) 2020-2033
7.1. Global Pet Snacks and Treats Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Pet Snacks and Treats Market Size, Share and Forecast, By Type, 2027-2033
7.3. Eatable
7.4. Chewable
8. Global Pet Snacks and Treats Market, By Pet Type (USD Million) 2020-2033
8.1. Global Pet Snacks and Treats Market Size, Share and Forecast, By Pet Type, 2020-2026
8.2. Global Pet Snacks and Treats Market Size, Share and Forecast, By Pet Type, 2027-2033
8.3. Dogs
8.4. Cats
8.5. Others
9. Global Pet Snacks and Treats Market, By Distribution Channel (USD Million) 2020-2033
9.1. Global Pet Snacks and Treats Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Global Pet Snacks and Treats Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.1. Supermarkets & Hypermarkets
9.2. Pet Specialty Stores
9.3. Online
9.4. Others
10. Global Pet Snacks and Treats Market Forecast, 2020-2033 (USD Million)
10.1. Global Pet Snacks and Treats Market Size and Market Share
11. Global Pet Snacks and Treats Market, By Region, 2020-2033 (USD Million)
11.1. Global Pet Snacks and Treats Market Size and Market Share By Region (2020-2026)
11.2. Global Pet Snacks and Treats Market Size and Market Share By Region (2027-201111)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. Colgate Palmolive Company
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. General Mills Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Mars, Incorporated
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Merrick Pet Care
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Nestlé S.A.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Off-Leash Pet Treats
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Spectrum Brands, Inc.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. The J.M. Smucker Company
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. VAFO Group a.s.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Wellness Pet, LLC
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links