According to a new report, published by KBV research, The Global Natural Dog Treats Market size is expected to reach $14.1 billion by 2031, rising at a market growth of 12.0% CAGR during the forecast period.
There is a significant increase in consumer demand for more nutritious, healthier dog treats, driving the accelerated growth of the natural dog treats market. This shift is driven by increasing awareness about the benefits of natural ingredients and the potential health risks associated with artificial additives and preservatives. Additionally, the rise in pet ownership and the humanization of pets, where pet owners seek products that align with their dietary values, further fuel this trend.
The Eatables segment is leading the Global Natural Dog Treats Market by Product in 2023; thereby, achieving a market value of $9.0 billion by 2031. Pet owners who desire to offer their canines nutritious, balanced treats frequently opt for edible treats frequently designed with health and nutrition in mind. These treats are often designed to complement a dog's diet and offer specific health benefits, such as added vitamins and minerals.
The Online segment is experiencing a CAGR of 12.4% during (2024 - 2031). Online shopping offers unparalleled convenience, allowing pet owners to browse and purchase natural dog treats from the comfort of their homes anytime. This ease of access drives significant demand. Online stores often have more natural dog treats than physical ones. Shoppers can access various brands, flavors, and formulations, making finding specific products that meet their pets' needs easier.
Full Report: https://www.kbvresearch.com/natural-dog-treats-market/
The North America region dominated the Global Natural Dog Treats Market by Region in 2023; thereby, achieving a market value of $6.1 billion by 2031. The Europe region is anticipated to grow at a CAGR of 11.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 12.7% during (2024 - 2031).
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