Market Overview:
The global pet food and treats market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing trend of pet humanization, rising disposable income, and growing awareness about animal health and nutrition. In terms of type, the dry food segment is expected to dominate the global pet food and treats market during the forecast period. This can be attributed to its benefits such as easy storage and long shelf life. However, in terms of CAGR, the wet food segment is projected to grow at a higher rate than other segments during the forecast period.
Product Definition:
Pet food and treats are foods that are specifically made for pets. They can be either dry or wet, and can be used to feed dogs, cats, birds, fish, and other animals. Pet food is important because it provides the nutrients that pets need in order to stay healthy.
Dry Food:
Dry food is a type of pet food that contains very little or no moisture. The primary reason for the growth of this market is due to growing health concerns among humans and pets. Dry foods are low in calories, carbohydrates, fats and proteins which help in maintaining the ideal weight for pets. Also these foods help to reduce tartar buildup on pet's teeth as well as prevent bacterial infection of the gums which may result into gum diseases.
Wet Food:
Wet food is a type of edible that has been prepared with the addition of water or another liquid as a major ingredient. The product can be fresh, semi-cooked or cooked and is available in various forms such as meat & poultry, seafood & vegetables and grains. Wet food contains proteins, vitamins and minerals which are essential for pet nutrition.
Application Insights:
The dogs segment accounted for more than 50.0% share of the global revenue in 2017 and is expected to witness significant growth over the forecast period. The increasing number of pet dogs across the globe is projected to drive demand for dog food and related products, thereby supporting market growth. In addition, rising consumer awareness regarding health issues associated with feeding improper diet to their pets is likely to propel demand for premium quality dog foods across the world.
The cats segment was valued over USD 3 billion in 2017 owing to high product consumption particularly in Europe and North America regions where there are a large number of cat owning households who spend on average USD 1,500 per year on buying treats for their cats only which indicates high potentials sales volumes that can be potentially captured by manufacturers through Pet Food Manufacturers¢â‚¬â„¢ Organization (PFM).
Regional Analysis:
North America dominated the global pet food market in 2017. The region is expected to maintain its position during the forecast period. Factors such as increasing awareness about pet nutrition, high disposable income of consumers and well-established veterinary healthcare infrastructure are anticipated to drive regional growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rising consumer spending on animal care and health, improving standards of living and growing population with a high percentage of pets in countries such as China, India, Indonesia & Thailand (CIT). Moreover, emerging economies present ample opportunities for industry players due to increased purchasing power & rapid urbanization which has led consumers towards convenience foods for their beloved companion animals at home. These factors are expected fuel demand over the coming years.
Growth Factors:
- Increasing pet ownership – The pet population is growing at a steady pace, with over 78 million pets in the U.S. as of 2016, and this is expected to grow even further in the years to come. This presents a huge opportunity for the pet food and treats market as more and more people look to cater to their furry friends’ dietary needs.
- Rising awareness about healthy diets for pets – A large number of pet owners are now becoming increasingly aware of the importance of providing their pets with balanced diets that include all the essential nutrients needed for good health. This has led to an increase in demand for healthier options such as organic foods and raw diets, which are offered by many brands in the market today.
- Growing trend of humanization of pets – Pets are increasingly being seen as members of the family rather than just animals, which has led to people spending more on their care and well-being including their dieting needs . This trend is particularly strong among millennials who make up a large chunk of today’s pet owning population .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Food and Treats Market Research Report
By Type
Dry Food, Wet Food, Treats
By Application
Dogs, Cats, Others
By Companies
Freshpet, Mars, Nestle Purina, Big Heart, Colgate, Diamond pet foods, Blue Buffalo, Heristo, Unicharm, Mogiana Alimentos, Affinity Petcare, Nisshin Pet Food, Total Alimentos, Ramical, Butcher’s, MoonShine, Big Time, Yantai China Pet Foods, Gambol, Paide Pet Food, Wagg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Pet Food and Treats Market Report Segments:
The global Pet Food and Treats market is segmented on the basis of:
Types
Dry Food, Wet Food, Treats
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dogs, Cats, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Freshpet
- Mars
- Nestle Purina
- Big Heart
- Colgate
- Diamond pet foods
- Blue Buffalo
- Heristo
- Unicharm
- Mogiana Alimentos
- Affinity Petcare
- Nisshin Pet Food
- Total Alimentos
- Ramical
- Butcher’s
- MoonShine
- Big Time
- Yantai China Pet Foods
- Gambol
- Paide Pet Food
- Wagg
Highlights of The Pet Food and Treats Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Food
- Wet Food
- Treats
- By Application:
- Dogs
- Cats
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Food and Treats Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pet food and treats are items that your pet can eat or receive as a reward. These items may be used to help keep your pet healthy and happy.
Some of the key players operating in the pet food and treats market are Freshpet, Mars, Nestle Purina, Big Heart, Colgate, Diamond pet foods, Blue Buffalo, Heristo, Unicharm, Mogiana Alimentos, Affinity Petcare, Nisshin Pet Food, Total Alimentos, Ramical, Butcher’s, MoonShine, Big Time, Yantai China Pet Foods, Gambol, Paide Pet Food, Wagg.
The pet food and treats market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Food and Treats Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Food and Treats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Food and Treats Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Food and Treats Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Food and Treats Market Size & Forecast, 2018-2028
4.5.1 Pet Food and Treats Market Size and Y-o-Y Growth
4.5.2 Pet Food and Treats Market Absolute $ Opportunity
Chapter 5 Global Pet Food and Treats Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pet Food and Treats Market Size Forecast by Type
5.2.1 Dry Food
5.2.2 Wet Food
5.2.3 Treats
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Food and Treats Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pet Food and Treats Market Size Forecast by Applications
6.2.1 Dogs
6.2.2 Cats
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Food and Treats Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Food and Treats Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pet Food and Treats Analysis and Forecast
9.1 Introduction
9.2 North America Pet Food and Treats Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pet Food and Treats Market Size Forecast by Type
9.6.1 Dry Food
9.6.2 Wet Food
9.6.3 Treats
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pet Food and Treats Market Size Forecast by Applications
9.10.1 Dogs
9.10.2 Cats
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pet Food and Treats Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Food and Treats Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pet Food and Treats Market Size Forecast by Type
10.6.1 Dry Food
10.6.2 Wet Food
10.6.3 Treats
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pet Food and Treats Market Size Forecast by Applications
10.10.1 Dogs
10.10.2 Cats
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pet Food and Treats Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Food and Treats Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pet Food and Treats Market Size Forecast by Type
11.6.1 Dry Food
11.6.2 Wet Food
11.6.3 Treats
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pet Food and Treats Market Size Forecast by Applications
11.10.1 Dogs
11.10.2 Cats
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pet Food and Treats Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Food and Treats Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pet Food and Treats Market Size Forecast by Type
12.6.1 Dry Food
12.6.2 Wet Food
12.6.3 Treats
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pet Food and Treats Market Size Forecast by Applications
12.10.1 Dogs
12.10.2 Cats
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pet Food and Treats Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Food and Treats Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pet Food and Treats Market Size Forecast by Type
13.6.1 Dry Food
13.6.2 Wet Food
13.6.3 Treats
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pet Food and Treats Market Size Forecast by Applications
13.10.1 Dogs
13.10.2 Cats
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Food and Treats Market: Competitive Dashboard
14.2 Global Pet Food and Treats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Freshpet
14.3.2 Mars
14.3.3 Nestle Purina
14.3.4 Big Heart
14.3.5 Colgate
14.3.6 Diamond pet foods
14.3.7 Blue Buffalo
14.3.8 Heristo
14.3.9 Unicharm
14.3.10 Mogiana Alimentos
14.3.11 Affinity Petcare
14.3.12 Nisshin Pet Food
14.3.13 Total Alimentos
14.3.14 Ramical
14.3.15 Butcher’s
14.3.16 MoonShine
14.3.17 Big Time
14.3.18 Yantai China Pet Foods
14.3.19 Gambol
14.3.20 Paide Pet Food
14.3.21 Wagg
