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I AgreeAnalysis of Dog Treats Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global dog treats market stands at a valuation of US$ 36.1 billion in 2023 and is anticipated to reach US$ 275 billion by the end of 2033, expanding at an exceptional CAGR of 22.5% over the decade.
Pet ownership in recent years has been changing to parenting, which is a vital trend boosting the demand for pet treats across geographies.
Conventionally, pet owners used to feed their respective pets from the leftover meals of the family. However, at present, people have been gaining awareness about the importance of appropriate pet food, which is produced to improve the health of their pets. These factors are further projected to stimulate the demand for pet treats as well as healthy pet food products around the world.
Rising awareness about organic products is estimated to propel the demand for organic pet treats around the world. Customers are becoming more conscious about their pets’ health and gaining awareness about healthy production and cultivation of food crops. They observe keenly the effects of these food products on the health of their pets.
Thus, the demand for organic dog treats is increasing around the world. Organic pet treats do not include harmful chemicals, pesticides, fertilizers, GMO ingredients, etc.
Despite endorsements from leading scientific organizations, various consumers around the world have negative perceptions related to products of genetically modified organisms (GMOs). More than three-fourths of customers around the world think non-GMO products are, somewhat, a lot healthier. Among global customers, GMOs remain a noticeable concern. Thus, players are taking efforts to manufacture organic pet treat products to meet customers’ requirements.
However, there are multiple incidences related to resistance to the adoption of pet dogs due to different reasons. Having an inappropriate home and the responsibility of pet ownership can limit the adoption of pet dogs. In addition, certain family members are not comfortable living with pets, which can also adversely impact the adoption of pet dogs.
Report Attributes |
Details |
Dog Treats Market Size in 2023 |
US$ 36.1 Billion |
Forecasted Market Value (2033) |
US$ 275 Billion |
Global Market Growth Rate (2023 to 2033) |
22.5% CAGR |
Canada Market Growth Rate (2023 to 2033) |
20.1% CAGR |
Germany Market Growth Rate (2023 to 2033) |
18% CAGR |
Key Companies Profiled |
|
“Rapidly Increasing Trend of Pet Humanization Globally”
Pet humanization is becoming a global phenomenon in the pet products market. The majority of pet owners are treating pets as their family members. They are willing to increase their expenditure on pet treats owing to the increasing awareness of food nutrition and the rising disposable incomes of customers.
Pet snacks and treats help owners to enhance their relationships with their pets in terms of controlling and training them. Further, the rising awareness related to organic ingredients, which are used in the production of dog treats can stimulate the demand for premium products. These products come with natural human-grade ingredients that are safe for consumption by pets. Thus, the rising trend of pet humanization around the world is predicted to stimulate the demand for animal treats over the coming 10 years.
“Rising Adoption of Pet Dogs in Most Countries”
There is a noteworthy increase in the adoption of pet dogs across different countries around the world. The rising population of pets, especially in emerging countries, is predicted to stimulate the demand for pet treats and some other related products.
Thus, the growing adoption of pets is expected to propel the demand for dog treats across different geographies.
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“Increasing Incidences of Humans Contracting Severe Diseases from Dogs”
At present, incidence related to humans contracting various severe diseases from dogs has been increasing, which can restrain the adoption of pets by humans. For instance, animals carry germs, which can cause some severe health issues such as rabies and skin infections. Moreover, there are a lot of people who are allergic to dander and dog fur, which results in serious reactions.
Some bacteria and parasites, including Toxocara, Campylobacter jejuni, etc. can cause serious diseases in humans, restraining the adoption of pets.
“High Adoption Rate of Dogs as Pets by Americans”
An increasing number of nuclear families and the rising adoption of dogs as pets are expected to stimulate the demand for dog treats in North America. In addition, state & federal governments are increasing their expenditure on the pet food industry and this is expected to generate lucrative opportunities for market players in North America.
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“Rising Adoption of Pet Dogs in Japan”
Market growth is attributed to the increasing population of pet dogs, which is expected to boost the demand for dog treats.
“Increasing Expenditure on Innovation in Dog Foods by Manufacturers”
Increasing expenditure by manufacturers in the United States on innovations in dog treat products is expected to generate higher sales of such products in the market.
“Increasing Adoption of High-quality Raw Ingredients in Manufacturing Delicious Dog Treats”
Manufacturers from Germany are making huge investments and opting for high-quality raw ingredients to manufacture delicious dog treats, which can further contribute to their increased sales.
“Rising Preferences for Wet Foods by Pet Owners”
Wet foods contain higher moisture content and calories. Moreover, wet dog food is comparatively easy to digest and is preferred especially when the dog is ill. It is available in cans, foil trays, and pouches.
“Increasing Expenditure on Premium Pet Foods Containing High Nutritional Value”
Based on cost, the global industry is classified into premium pet foods and mass/bulk pet foods.
Pet owners who adopt specific breeds of dogs are spending on premium products, which provide higher nutrition in line with the requirements of the breeds.
“Growing Adoption of Animal-based Raw Material to Manufacture Dog Treats”
Based on the raw material used in the production of dog treats, the global industry is divided into plant-based and animal-based.
A significant share of plant-based dog food comprises grains and vegetable-based proteins, which are not preferred by dogs with meat-eating tendencies.
Dog treats and mixers are generally given as appetizers to dogs suffering from different health issues, including gastrointestinal issues, allergies, obesity, and disorders. Thus, these healthcare issues among dogs can propel the demand for animal-based dog treats.
“Online Retailers to Hold Substantial Revenue Share”
Specialized pet food shops, supermarkets/hypermarkets, online retailers, and others are some key channels, which are used for the distribution of dog treats. Increasing demand for dog treats and the rising use of e-Commerce channels can boost sales of dog treats during the forecast period.
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Key providers of dog treats are highly investing in strengthening their supply chain management systems for the supply of end products at local and global platforms. These distribution channels ensure the delivery of quality products to target customers. In addition, certain guidelines are also set by respective regulatory bodies for minimal environmental impact.
Key suppliers of dog treats are involved in new developments to provide some attractive treats for dogs.
For instance,
Key manufacturers of dog treats include Ani Brands, The J. M. Smucker Company, Spectrum Brands Holdings, Inc., Plato Pet Treats, Nestle SA, Mars, Inc., Grandma Lucy’s LLC, and GA Pet Food Partners.
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The global dog treats market stands at US$ 36.1 billion in 2023.
The market for dog treats is estimated to reach US$ 275 billion by the end of 2033.
Demand for dog treats is projected to increase at a remarkable CAGR of 22.5% from 2023 to 2033.
The United States dog treats market crossed US$ 5.5 billion in the year 2022.
Demand for dog treats in Canada is forecasted to advance at a CAGR of 20.1% through 2033.