Pet Treats Market Size, Share, Growth, and Industry Analysis, By Type (Dry, Fluid), By Application (Dog, Cat), and Regional Forecast to 2033

PET TREATS MARKET OVERVIEW

Pet Treats Market was valued at USD 30.85 million in 2024 and is expected to reach USD 36.02 million in 2025, growing to USD 130.73 million by 2033, with a CAGR of 16.7% during the forecast period.

The pet treats market in the pet food industry continues to expand rapidly because pet ownership rates increase along with the pet owner practice of treating their animals like human family members. Pet owners continue to search for premium treats that are nutritious with added functionality for better health outcomes of their pets. The market includes multiple product types, such as natural, organic, grain-free, and functional treats, which serve different dietary needs of pets. Manufacturers continue to innovate through sustainable product development and premium taste creations. The pet treat market will continue to expand because consumers become more aware of purchasing nutritious food for their pets.

COVID-19 IMPACT

"Pet Treats Industry Had a Positive Effect Due to Increased ownership during COVID-19 Pandemic"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The pet treats market received a positive boost from the pandemic because lockdowns and remote work caused pet ownership to increase while pet parents dedicated more money to pet wellness. The extension of pet caregivers' home residence strengthened their dedication toward pet care because they bought premium, healthy, and functional pet snacks. The pandemic accelerated the rapid growth of pet treat online sales because consumers wanted the benefits of online stores, including convenience and safety. Manufacturers adapted by creating treats with natural substances and sustainable containers to address consumer needs, which were changing. After the pandemic, the pet treats sector solidified its position as an expanding central segment in the complete pet food industry.

LATEST TREND

"Functional pet treats drive market growth with health benefits and sustainability"

Functional pet treats now represent a major market development that extends health advantages to nutrition. The rising number of pet owners now purchase products that combine natural additives of probiotics along with CBD, collagen, and additional substances to support their pets' digestive functions and joint health and reduce anxiety. Natural and organic pet treats have gained high demand because consumers want clean-label products that contain no artificial additives. The rise of sustainable and eco-friendly packaging leads brands to use biodegradable materials because they want to decrease environmental impact. The fastest-growing trend in the pet treats market is functional treats since pet owners seek creative ways to improve their pets' health benefits.

PET TREATS MARKET SEGMENTATION

BY TYPE

Based on Type, the global market can be categorized into Dry, Fluid

• Dry Pet Treats: One of the largest growing categories of pet treats can be attributed to the dry category, as they are easy to carry, have a long shelf life, and do not require any elaborate arrangements for storage. They exist in the form of cookies, jerky, kibble, and other forms that may suit the specific diets of the pets. Different trends are recognized in pet food concerning the type of proteins used, the absence of grains, and natural products. The trend in snack products is that the market is still constantly reaching out to these types of products due to the cost and trainability of chewing-type products and their dental benefits.
• Fluid Pet Treats: If liquid-based supplements, fluidized pet treats, broths, and squeezable food items for pets are discussed, it is being popular due to its taste and water retention ability. These treats can also be preferred for the aging adult or the pet with dental problems, as they can be eaten as compared to other dry ones. The common additives are the functional ingredients such as bone broth, the use of the probiotics, and the vitamins.

BY APPLICATION

Based on Application, the global market can be categorized into Dog, Cat

• Dog Pet Treats: In the pet treats segment, the popular category is represented by dog treats due to the high rate of dog adoption across the world and the growing interest in superior-quality, functional snacks. These are usually employed in teaching tricks, for dental health, and as a form of a motivational treat, which comes in natural, grain-based, and protein-focused trends. Various types of biscuits that have functional benefits such as glucosamine for joint support and probiotics for digestion are cooling among dog owners. This market is still emerging as many pet owners look for tasty and healthy treats for improving the health of their canine companions.
• Cat Pet Treats: This segment of cat treats is expanding steadily owing to the growing trends of cat adoption and the enthusiasm in improving the health of the pets. There are treats that are designed to help with hairballs, dental issues, and skin/coat issues; the increasing trend is soft-moist treat form and lick treats. Consequently, cat products with higher protein content, fish sources, and natural ingredients, more so treats, are popular. Consequently, through combining the trends of premiumization and new tastes and textures, the cat treats market is growing rapidly internationally.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

DRIVING FACTOR

"Market growth rises as consumers seek premium, functional, and natural pet treats"

Consumers have started to develop more affection toward their pets and offer them premium-quality products, healthy, and nutritious treats. This shift has also shifted the consumers toward more natural, organic, and functional treats that cater to the overall health and well-being of the pets. People are willing and able to spend on special occasion treats such as those with health benefits like joint, digestive, and stress-reducing properties. Demand for pet humanization has also grown, which has led to manufacturers finding various ways with its clean-label and gourmet treats.

"E-commerce drives market growth by expanding access to premium pet treats"

The growth in the use of the internet in purchasing products has greatly enhanced the pet treats sector since it avails timely and more varieties of the products to the pet owners. There is easy access to different kinds of products that are special and high-priced, as well as services of delivery of products several times per week or month. The pandemic has further aggravated this tendency as many consumers switched to digital means for pet care products’ acquisition. With such features as giving suggestions, giving offers, and home delivery, e-commerce is the key driver of pet treats market growth.

RESTRAINING FACTOR

"Market growth faces challenges as premium pet treats remain costly worldwide"

Currently, the trend is the consumption of premium, organic, and functional pet treats, which in turn makes the production a tad expensive, therefore less affordable to many pet owners. Add-ons such as high-quality proteins, probiotics, and CBDs increase the price, hence making it difficult to be sold in areas where the people or markets are sensitive to price. Having established that owners are willing to invest in their pet’s health status, it must be noted that the owning environment also poses some challenges, some of which are archaic economic factors such as uncertainties and inflation. This is a hurdle to the expansion in the future markets, more so the markets that are cheap markets in the developing economies.

OPPORTUNITY

"Sustainable pet treats drive market growth by appealing to eco-conscious consumers"

The current trend of leading with sustainable products will prove to be a strong opportunity in the pet treats market. It means companies that make pet foods and products with recycled materials, biodegradable packing, organic raw materials, and healthy products for pets may appeal to consumers with an ecological conscience. Due to the growing consciousness about carbon footprints, the usage of sustainable products for pets also will have increased. If the business places emphasis on environmentalism and ethics, such measures can have several advantages that can help a business gain a competitive edge for growth in the market.

CHALLENGE

"Regulations impact market growth by increasing costs and slowing product launches"

The competition in the pet treats market is determined by regulations and standards set by authorities to enhance the safety of the pets. Commitment to ingredient sourcing rules, labeling, and manufacturing standards adds cost to every product and also makes product launches take longer. Another element that puts pressure on manufacturers is that the products are regularly recalled to the factory and issues on contamination. Policies and regulations are still a challenge in trying to break into new markets in different countries.

PET TREATS MARKET REGIONAL INSIGHTS

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• NORTH AMERICA

North America holds the largest market stake for pet treats due to having a high number of pet owners, an increasing trend of pet personification, and increasing demands for better quality products in the NA region. The region’s consumers are now much more concerned with quality and quality organic and functional confectionery products, and this has sparked the increased growth of the market. Specifically,the United States pet treats market can be mentioned, and it is of great importance, as a large number of pet owners are ready to spend on high-quality and functional treats for their pets. The U.S. remains a leading market when it comes to innovation that sees producers coming up with innovative grain formulations, sustainable treats, and specialty products.

• EUROPE

Europe holds remarkable pet treats market share due to the trends of pet adoption and pet welfare improving and being nutritionally conscious. The consumers in the region hence care for natural, organic, and functional sweets, thus encouraging demand for superior churned produce. Such future markets as Germany, the UK, or France are going up in the consumption of premium pet treats. The rising interest in environment-friendly packaging and sustainability and the use of the right, good, and pure ingredients also boost the prospects of Europe in the global market of pet treats.

• ASIA

This tape has identified new growth opportunities in the Asia Pacific region by proving that consumers for pet treats are rapidly rising as pet ownership as well as disposable income is increasing. China, Japan, and India in particular have seen the demand for the premium and functional pet treats expand significantly. The increasing concern regarding pet diets and the advancement of facilities through the online market are promoting the increased access to markets. Raw materials and value-added products for pet food are becoming natural, and the portfolios of pet treats are expanding in Asia.

KEY INDUSTRY PLAYERS

"Market growth thrives on innovation, sustainability, and digitalization in pet treats"

They are currently driving the pet treats market through value-added solutions, mergers and acquisitions, and product differentiation. Industry giants aim at premium and functional organic products mainly due to the evolving nature of the customer base. Food producers and sellers dedicate resources to new compounds such as probiotics, CBD, and novelty food products for pet health. Such computerization and digitalization of marketing enable the leading players to extend their control within the market. Besides, the green practices, like the use of environmentally friendly packing and the sourcing of sustainable materials, also influence the conscious buyer. The malleability of the pet treats industry is a cause for growth, competition, and change as key players learn to harmonize with the market and the consumers.

LIST OF TOP PET TREATS COMPANIES

• Ainsworth Pet Nutrition (U.S)
• Big Heart Pet Brands (U.S)
• Cargill (U.S)
• Crosswind Industries Inc. (U.S)
• Evanger's (U.S)

KEY INDUSTRY DEVELOPMENT

November 2024: General Mills announced the acquisition of Whitebridge Pet Brands' North American premium cat feeding and pet treating business for $1.45 billion. cite turn 0 news 14 This strategic move marks General Mills' fifth venture into the pet food sector, following its 2018 purchase of Blue Buffalo. The acquisition aims to strengthen General Mills' presence in the rapidly growing premium pet food market, particularly in the wet cat food segment. Whitebridge, known for brands like Tiki Pets and Cloud Star, generated approximately $325 million in U.S. retail sales over the past year. The deal is expected to close by the third quarter of 2025.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential Applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.