Pet Snacks and Treats Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018-2028, Segmented By Product Type ; By Pet Type ; By Distribution Channel ; By Region

Description

Global Pet Snacks and Treats Market to Grow at a CAGR of 6.2% between 2022 and 2028

Global pet snacks and treats market is thriving as pet owners are increasingly looking for pet food products to treat skin infections and allergies as well as to enhance the general health and lifespan of pets, and manufacturers' efforts to launch new products tailored to the breed, age, and size of different types of animals in smaller, single-serve, disposable containers.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the size of global pet snacks and treats market to grow at a CAGR of 6.2%, reaching a value of USD 122.72 billion by 2028. Expansion of global pet snacks and treats market is due to major factors, such as a shift in people's attitude toward pet healthcare and wellness, improved financial conditions, and changing consumer behavior. Growing acceptance of pet adoption among the high-income and middle-income groups is also expected to drive market growth. Media advertising is expected to be an emerging distribution channel in online retailing. Veterinarians advise using products that provide additional benefits through innovative dental care, such as rawhide chewables that are easy to consume. However, allergies to active ingredients are expected to limit the market growth.

Rising pet ownership supports market growth

The high adoption rate of pets has increased demand for pet care products, including chewable and cookie pet treats. Pet owners have also been visiting veterinarians regularly to ensure the overall health and well-being of their companion animals. Because of the COVID-19 pandemic, there was an increase in puppy adoptions and training, as well as more time spent at home with pets due to lockdown measures; this has significantly increased demand for training treats and snacks for pets around the world.

Launch innovative products

Continuous product launches to meet the soaring demand and rising product adoption are hallmarks of the market's growth, which is encouraging for the expansion of the pet snacks and treats market. For instance, the Wellness Pet Company debuted the Good Dog by Wellness brand in May 2022. The company produces treats made with premium, natural ingredients that have been designed to offer functional benefits and encourage good behavior in dogs. These come in three different varieties: Tender Toppers, Happy Puppy, and Training Rewards. The market for vegetarian and vegan foods could benefit from the growing ethical preference for a vegan diet among pet owners. Additionally, well-known companies including Mars Incorporated and its affiliates, Nestle, and Wellness Pet Company sell their products using either their sales force or outside brokers and distribution partners. Due to their wider distribution networks, e-commerce portals' notable growth is likely to create more growth opportunities for the market for pet snacks and treats. Manufacturers around the globe, have been influenced by this to sell their goods online, through companies, such as Amazon, Walmart, Chewy, Inc., Petco Animal Supplies, Inc., and BarkBox.

Challenge: Highly processed pet snacks and treats can be harmful

Highly processed snack foods irritate the gut flora, which is essential for maintaining a positive mood and mental health. Furthermore, dogs' stomachs, hearts, and brains are all sensitive to what they eat or drink, just like humans. Any type of imbalance can contribute to inflammation and stress, negatively impacting their mental health. Like humans, dogs can develop allergies and intolerances to food ingredients. Low-quality pet snacks and treats are not gentle on the stomach, hard to digest and cause allergic reactions in pets. This results in hampering the market growth.

Segmental Coverage

Global Pet Snacks and Treats Market - By Pet Type

Based on pet type, global pet snacks and treats market is segmented into Cats, Dogs, Guinea Pigs, Rabbits, Amphibians, Birds, Reptiles, Fish, and Others. Among these, the dogs segment dominates the global pet snacks and treat market. Adoption of dogs as pets is significantly high globally, which is a key factor for the dogs segment's dominance in the global market. The adoption of more dogs and cats worldwide is a result of the humanization of animals. Market for natural and higher-quality dog snacks and treats is being driven by the excessive cost of maintaining and caring for dogs. Another key factor in the segment's expansion is the introduction of dog treats and nutrient-dense food. Moreover, cat ownership is expected to grow significantly in the coming years, due to its minimal maintenance needs and high level of human friendliness.

Impact of COVID-19 on Global Pet Snacks and Treats Market

Disruptions in the global dog and cat snacks and treats supply chain were noted during COVID-19 pandemic outbreak's initial stages. Due to a lack of workers, raw materials, and transportation restrictions, there were supply chain disruptions. However, after the lockdown was lifted, business as usual resumed. Additionally, increased pet adoption, escalating demand for premium dog and cat food, and a shift in manufacturing strategies by pet snack producers have all benefited dog and cat snacks and treats sales globally. Additionally, during the lockdown, pet owners stocked up on dog and cat snacks and treats, which resulted in a temporary increase in sales.

Competitive Landscape

Leading players in global pet snacks and treats market include Nestle, Hill's Pet Nutrition, SCHELL & KAMPETER, INC., Mars, Incorporated and its Affiliates, Addiction Foods, Wellness Pet Company, Spectrum Brands, Inc., The J.M. Smucker Company, Blue Buffalo Co., Ltd, Unicharm Corporation, WellPet LLC, Diamond Pet Foods, Blue Buffalo Pet Products, Inc., and Hill's Pet Nutrition. Global pet snacks and treats market is highly fragmented with the presence of several manufacturing companies. The market leaders retain their supremacy by spending on research and development, incorporating innovative technology into their goods, and releasing upgraded items for customers. Various strategies, including strategic alliances, agreements, mergers, and partnerships, are used.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Pet Snacks and Treats Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Pet Snacks and Treats Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC22444

1. Research Framework

1.1. Research Objective
1.2. Service Overview
1.3. Market Segmentation

2. Research Methodology

2.1. Qualitative Research
- 2.1.1. Primary & Secondary Research
2.2. Quantitative Research
2.3. Market Breakdown & Data Triangulation
- 2.3.1. Secondary Research
- 2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Region
2.5. Assumption & Limitation

3. Executive Summary

4. Global Pet Snacks and Treats Market Insights

4.1. Technology Value Chain Analysis
4.2. DROC Analysis
- 4.2.1. Growth Drivers
- 4.2.2. Restraints
- 4.2.3. Opportunities
- 4.2.4. Challenges
  - 4.2.4.1. Decreasing Prices of Crude Oil
4.3. Technological Advancements/Recent Developments
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of New Entrants
- 4.5.4. Threat of Substitutes
- 4.5.5. Intensity of Rivalry

5. Global Pet Snacks and Treats Market Overview

5.1. Market Size & Forecast by Value, 2018-2028
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Product Type
  - 5.2.1.1. Dehydrated or Freeze-Dried
  - 5.2.1.2. Animal Parts
  - 5.2.1.3. Teeth Cleaning
  - 5.2.1.4. Chewable
  - 5.2.1.5. Chicken Breast
  - 5.2.1.6. Health Supplementing
  - 5.2.1.7. Mutton Stick
  - 5.2.1.8. Meaty Rib
  - 5.2.1.9. Others
- 5.2.2. By Pet Type
  - 5.2.2.1. Cats
  - 5.2.2.2. Dogs
  - 5.2.2.3. Guinea Pigs
  - 5.2.2.4. Rabbits
  - 5.2.2.5. Amphibians
  - 5.2.2.6. Birds
  - 5.2.2.7. Reptiles
  - 5.2.2.8. Fish
  - 5.2.2.9. Others
- 5.2.3. By Distribution Channel
  - 5.2.3.1. Hypermarkets & Supermarkets
  - 5.2.3.2. Specialty Pet Stores
  - 5.2.3.3. Online
  - 5.2.3.4. Others
- 5.2.4. By Region
  - 5.2.4.1. North America
  - 5.2.4.2. Europe
  - 5.2.4.3. Asia Pacific
  - 5.2.4.4. Latin America
  - 5.2.4.5. Middle East and Africa

6. North America Pet Snacks and Treats Market

6.1.1. Market Size & Forecast by Value, 2018-2028
6.1.2. By Value (USD Billion)

6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Pet Type
- 6.2.3. By Distribution Channel
- 6.2.4. By Country
  - 6.2.4.1. US
  - 6.2.4.1.1. By Product Type
  - 6.2.4.1.2. By Pet Type
  - 6.2.4.1.3. By Distribution Channel
  - 6.2.4.2. Canada
  - 6.2.4.2.1. By Product Type
  - 6.2.4.2.2. By Pet Type
  - 6.2.4.2.3. By Distribution Channel

7. Europe Pet Snacks and Treats Market

7.1. Market Size & Forecast by Value, 2018-2028
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Pet Type
- 7.2.3. By Distribution Channel
- 7.2.4. By Country
  - 7.2.4.1. Germany
  - 7.2.4.1.1. By Product Type
  - 7.2.4.1.2. By Pet Type
  - 7.2.4.1.3. By Distribution Channel
  - 7.2.4.2. UK
  - 7.2.4.2.1. By Product Type
  - 7.2.4.2.2. By Pet Type
  - 7.2.4.2.3. By Distribution Channel
  - 7.2.4.3. Italy
  - 7.2.4.3.1. By Product Type
  - 7.2.4.3.2. By Pet Type
  - 7.2.4.3.3. By Distribution Channel
  - 7.2.4.4. France
  - 7.2.4.4.1. By Product Type
  - 7.2.4.4.2. By Pet Type
  - 7.2.4.4.3. By Distribution Channel
  - 7.2.4.5. Spain
  - 7.2.4.5.1. By Product Type
  - 7.2.4.5.2. By Pet Type
  - 7.2.4.5.3. By Distribution Channel
  - 7.2.4.6. The Netherlands
  - 7.2.4.6.1. By Product Type
  - 7.2.4.6.2. By Pet Type
  - 7.2.4.6.3. By Distribution Channel
  - 7.2.4.7. Belgium
  - 7.2.4.7.1. By Product Type
  - 7.2.4.7.2. By Pet Type
  - 7.2.4.7.3. By Distribution Channel
  - 7.2.4.8. NORDIC Countries
  - 7.2.4.8.1. By Product Type
  - 7.2.4.8.2. By Pet Type
  - 7.2.4.8.3. By Distribution Channel
  - 7.2.4.9. Rest of Europe
  - 7.2.4.9.1. By Product Type
  - 7.2.4.9.2. By Pet Type
  - 7.2.4.9.3. By Distribution Channel

8. Asia Pacific Pet Snacks and Treats Market

8.1. Market Size & Forecast by Value, 2018-2028
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Pet Type
- 8.2.3. By Distribution Channel
- 8.2.4. By Country
  - 8.2.4.1. China
  - 8.2.4.1.1. By Product Type
  - 8.2.4.1.2. By Pet Type
  - 8.2.4.1.3. By Distribution Channel
  - 8.2.4.2. India
  - 8.2.4.2.1. By Product Type
  - 8.2.4.2.2. By Pet Type
  - 8.2.4.2.3. By Distribution Channel
  - 8.2.4.3. Japan
  - 8.2.4.3.1. By Product Type
  - 8.2.4.3.2. By Pet Type
  - 8.2.4.3.3. By Distribution Channel
  - 8.2.4.4. South Korea
  - 8.2.4.4.1. By Product Type
  - 8.2.4.4.2. By Pet Type
  - 8.2.4.4.3. By Distribution Channel
  - 8.2.4.5. Australia & New Zealand
  - 8.2.4.5.1. By Product Type
  - 8.2.4.5.2. By Pet Type
  - 8.2.4.5.3. By Distribution Channel
  - 8.2.4.6. Indonesia
  - 8.2.4.6.1. By Product Type
  - 8.2.4.6.2. By Pet Type
  - 8.2.4.6.3. By Distribution Channel
  - 8.2.4.7. Malaysia
  - 8.2.4.7.1. By Product Type
  - 8.2.4.7.2. By Pet Type
  - 8.2.4.7.3. By Distribution Channel
  - 8.2.4.8. Singapore
  - 8.2.4.8.1. By Product Type
  - 8.2.4.8.2. By Pet Type
  - 8.2.4.8.3. By Distribution Channel
  - 8.2.4.9. Philippines
  - 8.2.4.9.1. By Product Type
  - 8.2.4.9.2. By Pet Type
  - 8.2.4.9.3. By Distribution Channel
  - 8.2.4.10. Vietnam
  - 8.2.4.10.1. By Product Type
  - 8.2.4.10.2. By Pet Type
  - 8.2.4.10.3. By Distribution Channel
  - 8.2.4.11. Rest of Asia Pacific
  - 8.2.4.11.1. By Product Type
  - 8.2.4.11.2. By Pet Type
  - 8.2.4.11.3. By Distribution Channel

9. Latin America Pet Snacks and Treats Market

9.1. Market Size & Forecast by Value, 2018-2028
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Pet Type
- 9.2.3. By Distribution Channel
- 9.2.4. By Country
  - 9.2.4.1. Brazil
  - 9.2.4.1.1. By Product Type
  - 9.2.4.1.2. By Pet Type
  - 9.2.4.1.3. By Distribution Channel
  - 9.2.4.2. Mexico
  - 9.2.4.2.1. By Product Type
  - 9.2.4.2.2. By Pet Type
  - 9.2.4.2.3. By Distribution Channel
  - 9.2.4.3. Argentina
  - 9.2.4.3.1. By Product Type
  - 9.2.4.3.2. By Pet Type
  - 9.2.4.3.3. By Distribution Channel
  - 9.2.4.4. Peru
  - 9.2.4.4.1. By Product Type
  - 9.2.4.4.2. By Pet Type
  - 9.2.4.4.3. By Distribution Channel
  - 9.2.4.5. Colombia
  - 9.2.4.5.1. By Product Type
  - 9.2.4.5.2. By Pet Type
  - 9.2.4.5.3. By Distribution Channel
  - 9.2.4.6. Rest of Latin America
  - 9.2.4.6.1. By Product Type
  - 9.2.4.6.2. By Pet Type
  - 9.2.4.6.3. By Distribution Channel

10. Middle East & Africa Pet Snacks and Treats Market

10.1. Market Size & Forecast by Value, 2018-2028
- 10.1.1. By Value (USD Billion)
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Pet Type
- 10.2.3. By Distribution Channel
- 10.2.4. By Country
  - 10.2.4.1. Saudi Arabia
  - 10.2.4.1.1. By Product Type
  - 10.2.4.1.2. By Pet Type
  - 10.2.4.1.3. By Distribution Channel
  - 10.2.4.2. UAE
  - 10.2.4.2.1. By Product Type
  - 10.2.4.2.2. By Pet Type
  - 10.2.4.2.3. By Distribution Channel
  - 10.2.4.3. Qatar
  - 10.2.4.3.1. By Product Type
  - 10.2.4.3.2. By Pet Type
  - 10.2.4.3.3. By Distribution Channel
  - 10.2.4.4. Kuwait
  - 10.2.4.4.1. By Product Type
  - 10.2.4.4.2. By Pet Type
  - 10.2.4.4.3. By Distribution Channel
  - 10.2.4.5. Iran
  - 10.2.4.5.1. By Product Type
  - 10.2.4.5.2. By Pet Type
  - 10.2.4.5.3. By Distribution Channel
  - 10.2.4.6. South Africa
  - 10.2.4.6.1. By Product Type
  - 10.2.4.6.2. By Pet Type
  - 10.2.4.6.3. By Distribution Channel
  - 10.2.4.7. Nigeria
  - 10.2.4.7.1. By Product Type
  - 10.2.4.7.2. By Pet Type
  - 10.2.4.7.3. By Distribution Channel
  - 10.2.4.8. Kenya
  - 10.2.4.8.1. By Product Type
  - 10.2.4.8.2. By Pet Type
  - 10.2.4.8.3. By Distribution Channel
  - 10.2.4.9. Egypt
  - 10.2.4.9.1. By Product Type
  - 10.2.4.9.2. By Pet Type
  - 10.2.4.9.3. By Distribution Channel
  - 10.2.4.10. Morocco
  - 10.2.4.10.1. By Product Type
  - 10.2.4.10.2. By Pet Type
  - 10.2.4.10.3. By Distribution Channel
  - 10.2.4.11. Algeria
  - 10.2.4.11.1. By Product Type
  - 10.2.4.11.2. By Pet Type
  - 10.2.4.11.3. By Distribution Channel
  - 10.2.4.12. Rest of Middle East & Africa
  - 10.2.4.12.1. By Product Type
  - 10.2.4.12.2. By Pet Type
  - 10.2.4.12.3. By Distribution Channel

11. Competitive Landscape

11.1. List of Key Players and Their Offerings
11.2. Global Pet Snacks and Treats Market Company Market Share Analysis, 2021
11.3. Competitive Benchmarking, By Operating Parameters
11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)

12. Impact of Covid-19 on Global Pet Snacks and Treats Market

13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

13.1. Nestle
13.2. Hill's Pet Nutrition
13.3. SCHELL & KAMPETER, INC.
13.4. Mars, Incorporated and its Affiliates
13.5. Addiction Foods
13.6. Wellness Pet Company
13.7. Spectrum Brands, Inc.
13.8. The J.M. Smucker Company
13.9. Blue Buffalo Co., Ltd
13.10. Unicharm Corporation
13.11. WellPet LLC
13.12. Diamond Pet Foods
13.13. Blue Buffalo Pet Products, Inc.
13.14. Hill's Pet Nutrition
13.15. Other Prominent Players