Research Expert: Sarah Overall
  • Published: Mar 2025
  • Pages: 150
  • SKU: IRTNTR76562

  • Pet Treats Market 2024-2028, Poised for Growth Amid Rising Demand for Organic and Natural Options

    The pet treats market is set to expand significantly, with projections indicating a USD 9.1 billion increase at a CAGR of 6.6% between 2023 and 2028. This growth is largely fueled by pet owners’ growing preference for organic and natural pet treats, along with the surge in e-commerce platforms facilitating easy access to premium pet care products. Rising pet treats demand and pet treats sales have strengthened the pet treats industry, driving higher pet treats revenue. Increasing pet treats consumption has further fueled pet treats production, while improved pet treats distribution channels have enhanced accessibility. Leading pet treats brands continue to innovate to meet shifting pet treats preferences, influencing pet treats purchasing behavior. However, challenges such as ingredient sourcing difficulties, product recalls, and increasing pet allergies among owners continue to impact the market.

    Global Pet Treats Market 2024-2028

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    Market Segmentation

    By Distribution Channel

    • Offline

    • Online

    By Type

    • Dog

    • Cat

    • Others

    Regional Market Trends

    • North America

      • US

    • Europe

      • Germany

      • UK

      • France

    • APAC

      • China

    • South America

    • Middle East and Africa

    Market Dynamics

    Key Market Drivers

    The rising demand for organic pet foods is a major factor propelling the pet treats market. Pet owners are becoming increasingly health-conscious about their pets' diets, leading to a preference for specialty pet foods with premium ingredients. Brands such as Nestlé and Wellness Pet Company have responded to this demand by offering chewable and cookie-based pet treats that adhere to USDA regulations. Additionally, Millennials and Gen Z consumers are fueling e-commerce growth, seeking convenient ways to purchase pet treats that align with their values.

    Emerging Market Trends

    A growing preference for natural and organic pet treats is shaping the industry. Transparency in labeling and ingredient sourcing has become a key focus for pet owners, driving manufacturers to innovate and produce high-quality treats. This trend is observed not only in developed markets but also in emerging economies where pet ownership rates are rising. Leading brands such as Jinx, Wellness Pet Company, and Nestlé continue to expand their product lines, catering to the increasing demand for nutritious and sustainable pet treats.

    Market Challenges

    One of the key challenges faced by the industry is the increasing incidence of pet allergies among owners. This has raised concerns over pet treat safety and ingredient composition. Additionally, manufacturers face logistical hurdles in sourcing high-quality, natural ingredients while maintaining competitive pricing. The risk of product recalls further complicates market growth, as it can impact consumer trust and brand reputation.

    Market Research Overview

    The pet treats market is experiencing rapid market expansion, driven by increasing pet ownership and growing awareness of pet health. Consumers are becoming more health-conscious, seeking nutritional treats made with organic ingredients and natural treats to enhance pet wellness. The demand for high-quality and premium products is rising, particularly among pet owners prioritizing nutritional value and health benefits. Shifts in consumer demand have led to a greater emphasis on functional treats, which offer targeted benefits like dental treats for oral care. Additionally, treat variety and innovative treat formulations have expanded product choices, enhancing product appeal and increasing brand loyalty. The growth of retail channels, including specialty stores, has contributed to market penetration, while advanced product packaging plays a crucial role in attracting buyers.

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    Key Players in the Market

    • Addiction Pet Foods

    • Arden Grange

    • Assisi Pet Care Ltd.

    • Canine India

    • Colgate Palmolive Co.

    • General Mills Inc.

    • heristo aktiengesellschaft

    • Mars Inc.

    • Nestlé SA

    • Nulo Pet Food

    • Plato Pet Treats

    • PPN Ltd. Partnership

    • Primal Pet Foods Inc.

    • Schell and Kampeter Inc.

    • Spectrum Brands Holdings Inc.

    • The J.M. Smucker Co.

    • Unicharm Corp.

    • Vegeco Ltd

    • Wellness Pet Co. Inc.

    • Wiggles

    Research Analysis Overview

    The rise of consumer preferences for pet nutrition and product safety has fueled advancements in product innovation and quality standards across the industry. The surge in online sales through e-commerce platforms has enabled greater accessibility and convenience, influencing purchase behavior and driving consumer spending. However, challenges related to ingredient sourcing remain, impacting the production of high-quality and nutritional treats. The trend of pet humanization has led to a preference for specialty stores and retail channels that cater to specific dietary needs, further shaping market dynamics. Moreover, increasing consumer awareness about pet care has driven interest in treat options that align with evolving dietary trends. As brands enhance their strategies for market penetration, they continue to focus on differentiating their products through superior product appeal and functional benefits.

     

     

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