2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of thePet Snacks And Treats Market?

The rise in expenditure on pet health is anticipated to fuel the expansion of the pet snacks and treats market in the future. Pet health pertains to the overall health and wellness of any household pet, be it a dog, cat, bird, or small mammal. Training rewards, additional diet nutrients, and dental hygiene promoting items are all incorporated in pet snacks and treats. To illustrate, the American Pet Products Association, a U.S.-based trade organization offering insights and data about the pet care sector, reported in April 2024 that the U.S. pet care spending in 2023 totaled $147 billion. This included $64.4 billion on pet food and treats, $32 billion on supplies, live animals, and over-the-counter medicines, $38.3 billion on veterinary care and product sales, and $12.3 billion on other services such as boarding, grooming, and training. Consequently, the upswing in pet health expenditure is propelling the pet snacks and treats market’s expansion.

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How Will the Growth Rate of thePet Snacks And Treats Market Impact Industry Trends by 2034?

There has been a swift expansion of the pet snacks and treats market in the previous years. The market’s size is projected to escalate from $47.55 billion in 2024 to $53.27 billion in 2025, embracing a compound annual growth rate (CAGR) of 12.0%. Causes for this growth during the historical period include sustainable and ethical practices, behavioral training treats for pets, a wide range of diverse products, and the impact of social media.

The market size for pet snacks and treats is projected to experience accelerated expansion in the upcoming few years, reaching $85.99 billion in 2029 with a compound annual growth rate (CAGR) of 12.7%. This growth in the predicted period can be credited to an increase in pet adoption, the human-like treatment of pets, emphasis on health and wellness, upgrading of pet products, urbanization, and hectic lifestyles. The forecast period is also expected to see significant trends such as innovative packaging, functional treats for dental health, ethnic and regional diversity, interactive and enriching treats, and the inclusion of CBD and hemp.

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Which Cutting-Edge Market Trends Are Expected to Drive thePet Snacks And Treats Market’s Growth?

Product innovation is an emerging trend that is gaining traction in the pet snacks and treats market. Major players in this market are prioritizing the creation of innovative products as a strategy to maintain their market position. For example, in May 2022, Wellness Pet Company, a pet food enterprise based in the U.S.A., introduced Good Dog by Wellness, an all-natural dog treat brand. Good dog-happy puppy treats are unique, grain-free snacks created specifically for puppies that are still growing. These bite-sized offerings, featuring triple puppy care and ingredients like vegetables and omega-rich flaxseed, aid brain development, boost the immune system, and promote general wellness. They also give pet owners variety, allowing them to select treats that address specific needs such as encouraging good behavior in young puppies or maintaining the health of dogs of all ages.

What Are the Leading Market Players Impacting thePet Snacks And Treats Market’s Growth Trend?

Major companies operating in the pet snacks and treats market include Cargill Incorporated, Nestle S.A., Mars Incorporated, General Mills Inc., The J.M. Smucker Company, Unicharm Corporation, Spectrum Brands Holdings Inc., Hill’s Pet Nutrition Inc., Big Heart Pet Brands Inc., Diamond Pet Foods Inc., Blue Buffalo Co. Ltd., Affinity Petcare S.A., Freshpet Inc., Schell & Kampeter Inc., Sunshine Mills Inc., Champion Petfoods LP, WellPet LLC, American Pet Nutrition Inc., Redbarn Pet Products LLC, BARK Inc., NutriSourcePet, Simmons Pet Food Inc., Ainsworth Pet Nutrition LLC, Addiction Foods LLC, Newman’s Own Inc., Castor & Pollux Private Limited, Old Mother Hubbard, Charlee Bear Products LLC, Cloud Star, Canidae.

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How Are the Key Segments of the Pet Snacks And Treats Market Driving Opportunities and Innovations?

The pet snacks and treats market covered in this report is segmented –

1) By Product: Eatables, Chewable

2) By Category: Conventional, Organic

3) By Pet Type: Dogs, Cats, Birds, Fish, Other Pets

4) By Distribution Channel: Super markets And Hyper markets, Specialty Pet Stores, Online, Other Distribution Channels

Subsegments:

1) By Eatables: Soft Treats, Hard Biscuits, Freeze-Dried Treats, Meal Enhancers

2) By Chewable: Bones, Dental Chews, Rawhide Treats, Chew Sticks

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of thePet Snacks And Treats Market?# Market Expansion?

North America was the largest region in the pet snacks and treats market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet snacks and treats market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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