The Worldwide Pet Snacks And Treats Market is Projected to reach USD 9.8 Billion by 2028, at a CAGR of 5.4%

Published Date: 28-Jul-22

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Pet Snacks And Treats Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Pet Snacks And Treats Market size is expected to reach $9.8 billion by 2028, rising at a market growth of 5.4% CAGR during the forecast period.

The Chewable segment has shown growth rate of 7.6% during (2022 - 2028). Pet humanization is an important factor to consider when purchasing pet care. Pet owners are becoming more aware of the foods and treats they provide their pets. Chewing is a natural instinct for all dogs, and it's a fantastic way to keep them cognitively stimulated while also training their jaw muscles, easing teething, and eliminating plaque & tartar.

The E-commerce segment acquired maximum revenue share in the Global Pet Snacks And Treats Market by Distribution Channel in 2021, thereby, achieving a market value of $4.80 billion by 2028. Due to the lockdown scenario during the pandemic, the e-commerce segment grew rapidly. People's spending patterns have evolved dramatically as a result of the e-commerce channel's perks, which include significant discounts, the accessibility of a wide range of products, home delivery, and simple payment options on a single platform.

The Cat segment is showcasing a CAGR of 5.6% during (2022 - 2028). Over the forecast period, the increasing influence of owning a pet is anticipated to augment animal adoption. Unicharm launched AllWell cat food in Japan in April 2021. The recipes incorporate what is claimed to be the world's first dietary fibre blending technology, a patented procedure for preventing meal regurgitation.

The Asia Pacific market dominated the Global Pet Snacks And Treats Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.3 billion by 2028. The North America market is estimated to witness a CAGR of 5% during (2022 - 2028). Additionally, The Europe market would experience a CAGR of 5.2% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/pet-snacks-and-treats-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Archer Daniels Midland Company, Mars, Inc., Nestle S.A. , Unicharm Corporation, The Colgate-Palmolive Company, General Mills, Inc., The Wellness Pet Company, Spectrum Brands Holdings, Inc., and The J. M. Smucker Co.

Global Pet Snacks And Treats Market Segmentation

By Product

  • Eatable
  • Chewable

By Distribution Channel

  • E-commerce
  • Supermarkets & Hypermarkets
  • Specialized Pet Shops

By Animal Type

  • Dog
  • Cat
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Archer Daniels Midland Company
  • Mars, Inc.
  • Nestle S.A.
  • Unicharm Corporation
  • The Colgate-Palmolive Company
  • General Mills, Inc.
  • The Wellness Pet Company
  • Spectrum Brands Holdings, Inc.
  • The J. M. Smucker Co.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Pet Snacks And Treats Market Future Scope & Opportunities 2022-2028

Europe Pet Snacks And Treats Market Size & Growth Forecast 2022-2028

Asia Pacific Pet Snacks And Treats Market Size, Share & Industry Outlook to 2028

LAMEA Pet Snacks And Treats Market Growth, Trends & Forecasts 2022-2028

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