Dog Treats Market Size, Share, Growth, And Industry Analysis, By Type (Dry Dog Treats, Wet Dog Treats, Semi-Moist) By Application (Pet Store, Individual, Others), Regional Forecast To 2031

Updated On: 29 April 2024

Dog Treats Market Report Overview

• 

• Request a Free Sample to learn more about this report

global dog treats market size was USD 24090 million in 2022 and market is projected to touch 94980.7 Million by 2031, exhibiting a CAGR of 16.5% during the forecast period.

Pet snacks and treats are the food items provided to a variety of pets and are made from both plant and animal ingredients. This is a specialty item offered to canines, felines, and other aquatic creatures. There are several beverages, snacks, and treats for animals. To encourage good behavior in the pets, treats are given to them. Pets' nutritional intake can be increased with the help of snacks. The goods come in the shape of cookies, dried fruits, and dry veggies. Roasted grains are another option for pet food and treats. Dental chews, jerky, and other goods are examples of various treats. These goods may be found in three different forms: powder, wet goods, and dry goods.

On the other side, as more individuals acquired dogs to satisfy their rising need for companionship during the lockdown, demand for the pet food market saw a steady increase in many regions of the world. By expanding their efforts in creating their websites, market participants turned their attention from brick-and-mortar businesses to e-commerce platforms in order to meet this need.

COVID-19 Impact: COVID-19 pandemic had a positive impact on the market growth

The pandemic had a favorable effect for the pet treat sector. Government authorities have deemed the manufacture of pet treats to be an essential activity, and many factories have had to increase employees, make other operational modifications, and ramp up production to keep up with demand spikes. It is believed that the worldwide pandemic COVID-19 would destabilize the ecosystem and bring about a global retraction. Different sectors have been impacted by this pandemic crisis in various ways. When two pet cats in New York state tested positive for the coronavirus in April 2020, reports indicated that the virus can infect companion animals. The World Health Organization (WHO) states that there is no proof that any pet may spread COVID-19. However, pet owners are extremely concerned about the wellbeing of their companion animals and potential effects of COVID-19. Due to the current global crisis, homemade pet food is now being served more frequently.

Latest Trends

"Rising Pet Humanization Trend Driving Market Growth"

Recently, prominent media outlets throughout the world have paid a lot of attention to the humanization of pets. A significant and defining development in the pet food industry, particularly in industrialized nations, is the transition from pet ownership to pet parenting. In affluent nations, more than one-third of families have a pet. According to the National Pet Owners Survey (2019–20), which was done by the American Pet Products Association (APPA), more than 85 million US homes have one or more pets, with dogs making up the bulk of those. It follows that the pet food market is expected to grow as pets become more humanized.

Dog Treats Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented into dry dog treats, wet dog treats, semi-moist. dry dog treats are anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into pet store, individual; others pet store will be the dominating segment.

Driving Factors

"Rising popularity of goods fuel the market growth"

The market for pet treats and chews will expand as a result of the rising demand for dental treats and chews. The market is also anticipated to increase as a result of the growing popularity of goods with few and straightforward ingredients. The market is anticipated to develop as a result of pet owners' worries about age- and weight-related issues.

The market for pet treats and chews will develop as a result of the greater accessibility of more inventive items. Widespread availability of pet snacks and chews will further aid market expansion. In the pet food market, clean labelling are becoming more and more important. The clean-label pet food movement has stimulated innovation to fulfil consumer preferences. To produce pet food that is safe and shelf-stable, businesses are increasing their research and development spending. In order to fulfil the clean label objective, there is an increasing need for extremely appealing pet food created from a limited number of ingredients, which is fueling the rivalry.

"Market Is Expanding as A Result of an Increase in Pet Owners and E-Commerce Sales"

Pet ownership has risen around the world. These animals are treated as members of the family and taken into consideration for all everyday activities. Worldwide, millennials are the generation with the most pet owners. These pet owners definitely priorities quality above budget and are always on the search for natural vitamins, delicious and healthy food, and a fresh diet. Many of the millions of pet owners who are members of the digital generation prefer to purchase online. Sales of pet snacks and treats are significantly influenced by the availability of various items on online marketplaces and specific advertisements put on social media websites.

Restraining Factors

"Rising cost of goods my hamper market growth"

Many of the items provided as treats for pets are pricey in nature. The market's growth may be more severely constrained since the lower-income segment may not be able to buy such items. The market for pet food components cannot grow as long as people continue to consume meals that include preservatives. Other factors that limit the growth of the pet food ingredients market during the projected period include the rising desire for modern foods in contrast to organic pet meals and pre-packaged foods. Unpredictability in international commerce will serve as a market inhibitor for the expansion of animal-based pet food components throughout the projected period.

Dog Treats Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"North America will dominate the market Throughout the projection period"

Some of the key factors driving the growth of the North American pet food industry are rising pet humanization and pet ownership, the introduction of private label retail brands, and rising urbanization followed by rising disposable incomes. The industry is heavily influenced by human nutrition, which propels research towards better, safer pet food with significant nutritional and dietary advantages. Additionally, as local manufacturers increase their presence in the domestic market, locally produced goods and goods with an ethical sourcing policy are driving the market. The American Pet Products Association (APPA) National Pet Owners Survey 2019–20 indicates that 63.4 million households, or 74.6% of all households with pets, have dogs as pets. This is assisting in boosting sales of various kinds of dog meals in the US along with dog owners' growing emphasis on buying healthy and nourishing food for their dogs.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Ainsworth Pet Nutrition (U.S.)
• Big Heart Pet Brands (U.S.)
• Cargill (U.S.)
• Crosswind Industries Inc. (U.S.)
• Evanger's (U.S.)
• Hubbard Feeds (U.S.)
• Life's Abundance (U.S.)
• National Flour Mills (Spain)
• Natural Balance Pet Foods (U.S.)
• Rush Direct (U.S.)
• Simmons Pet Food (U.S.)
• Almo Nature (Germany)
• Aller Petfood (Russia)
• C.J. Foods (U.S.)
• Deuerer (Germany)
• Canidae Corp. (U.S.)
• Gimborn (Germany)
• Thailand Foods Pet Food Co. (Thailand)
• Nippon Pet Food Co. (Japan)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.