Market Overview:
The global pet treats market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, growing trend of pet humanization, and increasing awareness about the benefits of pet treats. In terms of type, the dry segment is expected to dominate the global pet treats market during the forecast period. This can be attributed to factors such as ease-of-use and convenience offered by dry pet treats. In terms of application, dogs are expected to account for a major share in the global pet treats market during the forecast period.
Product Definition:
A Pet Treat is a food item that is specially formulated and/or manufactured for consumption by pets, most often dogs and cats. The purpose of pet treats is to provide an occasional snack or reward for good behavior, as well as to help promote healthy teeth and gums.
Dry:
Dry is a term used for pet treats that are made up of all natural ingredients. The product does not contain any artificial flavors or colors and has no added sugar. It is also free from grains, soy, corn and wheat as these products may cause allergies in some pets.
The product can be used as training treat or just for fun but it must be consumed regularly to maintain good health which helps in preventing diseases and improving the overall well-being of the pet.
Fluid:
Fluid is a substance that can be in liquid or semi-liquid form. It is used as an ingredient in pet treats to give them the desired shape and for better chewing. The most common types of fluids used are peanut butter, yogurt, cheese, and oatmeal.
The main function of fluid is to act as a binder so that the ingredients don’t come apart while being chewed.
Application Insights:
The dog application segment led the global pet treats market in 2017. The growing trend of owning a pet and increasing spending on food, grooming products and other accessories are some of the factors driving this segment. Moreover, rising disposable income among people from developing countries such as China, India and Brazil is expected to drive demand for dogs across these regions.
The cat application segment accounted for more than 25% share in 2017 owing to increased spending on food, toys and other essentials by cat owners globally. Rising awareness about cats being part of family is increasing their importance which has resulted in an increase in expenditure by cat owners worldwide. According to a survey conducted by Purina Mills¢â‚¬â„¢ Pet Food Institute (PMFI), out of total U.
Regional Analysis:
North America dominated the global pet treats market in 2017. The region is expected to maintain its position during the forecast period. Factors such as increasing number of pets, growing trend of humanization and companion animals, and rising expenditure on pet care are anticipated to drive demand for pet products in North America over the forecast period. Increasing awareness regarding animal health & well-being has led to an increase in spending on premium cat food which is further driving growth for liquid and dry dog & cat snacks across this region.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing high population density, rapid urbanization along with increasing disposable income especially among middle class populations particularly in China & India have emerged as major drivers for this market over the past few years. Furthermore, rising investment by multinational companies including Mars Inc., Nestl© Purina PetCare Co.
Growth Factors:
- Increasing trend of pet adoption and ownership, especially in developed countries.
- Rising awareness about the benefits of pet treats among consumers, which is driving demand for these products.
- Growing popularity of healthy and organic pet treats among consumers.
- Proliferation of online retail channels that offer a wide range of pet treats at competitive prices is aiding the growth of this market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Treats Market Research Report
By Type
Dry, Fluid, Others
By Application
Dog, Cat, Others
By Companies
Ainsworth Pet Nutrition, Big Heart Pet Brands, Cargill, Crosswind Industries Inc., Evanger's, Hubbard Feeds, Life's Abundance, National Flour Mills, Natural Balance Pet Foods, Rush Direct, Simmons Pet Food, Almo Nature, Aller Petfood, C.J. Foods, Deuerer, Canidae Corp., Gimborn, Thailand Foods Pet Food Co., Nippon Pet Food Co.
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Pet Treats Market Report Segments:
The global Pet Treats market is segmented on the basis of:
Types
Dry, Fluid, Others
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
Dog, Cat, 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:
- Ainsworth Pet Nutrition
- Big Heart Pet Brands
- Cargill
- Crosswind Industries Inc.
- Evanger's
- Hubbard Feeds
- Life's Abundance
- National Flour Mills
- Natural Balance Pet Foods
- Rush Direct
- Simmons Pet Food
- Almo Nature
- Aller Petfood
- C.J. Foods
- Deuerer
- Canidae Corp.
- Gimborn
- Thailand Foods Pet Food Co.
- Nippon Pet Food Co.
Highlights of The Pet 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
- Fluid
- Others
- By Application:
- Dog
- Cat
- 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 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 treats are small, edible items that are given to pets as rewards or to help keep them healthy. They can be made from a variety of ingredients, including meat, vegetables, and grains.
Some of the major players in the pet treats market are Ainsworth Pet Nutrition, Big Heart Pet Brands, Cargill, Crosswind Industries Inc., Evanger's, Hubbard Feeds, Life's Abundance, National Flour Mills, Natural Balance Pet Foods, Rush Direct, Simmons Pet Food, Almo Nature, Aller Petfood, C.J. Foods, Deuerer, Canidae Corp., Gimborn, Thailand Foods Pet Food Co., Nippon Pet Food Co..
The pet treats market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet 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 Treats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet 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 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 Treats Market Size & Forecast, 2018-2028
4.5.1 Pet Treats Market Size and Y-o-Y Growth
4.5.2 Pet Treats Market Absolute $ Opportunity
Chapter 5 Global Pet 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 Treats Market Size Forecast by Type
5.2.1 Dry
5.2.2 Fluid
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet 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 Treats Market Size Forecast by Applications
6.2.1 Dog
6.2.2 Cat
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet 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 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 Treats Analysis and Forecast
9.1 Introduction
9.2 North America Pet 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 Treats Market Size Forecast by Type
9.6.1 Dry
9.6.2 Fluid
9.6.3 Others
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 Treats Market Size Forecast by Applications
9.10.1 Dog
9.10.2 Cat
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 Treats Analysis and Forecast
10.1 Introduction
10.2 Europe Pet 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 Treats Market Size Forecast by Type
10.6.1 Dry
10.6.2 Fluid
10.6.3 Others
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 Treats Market Size Forecast by Applications
10.10.1 Dog
10.10.2 Cat
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 Treats Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet 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 Treats Market Size Forecast by Type
11.6.1 Dry
11.6.2 Fluid
11.6.3 Others
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 Treats Market Size Forecast by Applications
11.10.1 Dog
11.10.2 Cat
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 Treats Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet 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 Treats Market Size Forecast by Type
12.6.1 Dry
12.6.2 Fluid
12.6.3 Others
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 Treats Market Size Forecast by Applications
12.10.1 Dog
12.10.2 Cat
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 Treats Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet 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 Treats Market Size Forecast by Type
13.6.1 Dry
13.6.2 Fluid
13.6.3 Others
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 Treats Market Size Forecast by Applications
13.10.1 Dog
13.10.2 Cat
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 Treats Market: Competitive Dashboard
14.2 Global Pet Treats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ainsworth Pet Nutrition
14.3.2 Big Heart Pet Brands
14.3.3 Cargill
14.3.4 Crosswind Industries Inc.
14.3.5 Evanger's
14.3.6 Hubbard Feeds
14.3.7 Life's Abundance
14.3.8 National Flour Mills
14.3.9 Natural Balance Pet Foods
14.3.10 Rush Direct
14.3.11 Simmons Pet Food
14.3.12 Almo Nature
14.3.13 Aller Petfood
14.3.14 C.J. Foods
14.3.15 Deuerer
14.3.16 Canidae Corp.
14.3.17 Gimborn
14.3.18 Thailand Foods Pet Food Co.
14.3.19 Nippon Pet Food Co.
