Pet snacks & treats are chewables and nutritional products offered to pets as a form of appreciation and wellness supplements. Pet snacks are primarily eatable, though they are available in the form of both eatables and chewables. Pet food is a specialized food made of plant or animal material. The demand for the same is segmented as pet snacks, treats, and beverages. Pet snacks typically consist of baked goods such as biscuits, dried vegetables or fruit, and roasted grains. Treats mainly consist of jackasses, dental chews, and others.
MARKET DYNAMICS
The global market for pet snacks & treats is a notable segment of the global pet food market and is gaining traction due to the rising adoption of pets across the globe and the increasing love of owners for their pets. There is a growing acceptance of pet adoption among the high and middle-income population base. This also contributes to the increasing sales of pet snacks and treats. However, allergies due to active ingredients present in pet treats are posing barriers to the growth of the market. Further, market players are expected to witness lucrative opportunities during the forecast period due to increasing demand for pet treatments and snacks with functional ingredients having a positive impact on the immune system, cognitive health, intestinal health, heart, skin & coat, joints, soothing or motion sickness and dental or oral health.
MARKET SCOPE
The "Global Pet Snacks & Treats Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Pet Snacks & Treats market with detailed market segmentation by type, pet, distribution channel, and geography. The global pet snacks & treats market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pet snacks & treats market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pet snacks & treats market is segmented on the basis of type, pet, and distribution channel. On the basis of type the global pet snacks & treats market is segmented into chewable and eatable. Based on pet the global pet snacks & treats market is segmented into dogs, cats, birds, fish, and others. Based on distribution channel the global pet snacks & treats market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Pet Snacks & Treats market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Pet Snacks & Treats market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Pet Snacks & Treats market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Pet Snacks & Treats market in these regions.
MARKET PLAYERS
The reports cover key developments in the Pet Snacks & Treats market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Pet Snacks & Treats market are anticipated to lucrative growth opportunities in the future with the rising demand for Pet Snacks & Treats in the global market. Below mentioned is the list of few companies engaged in the Pet Snacks & Treats market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Pet Snacks & Treats market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Mars, Incorporated
- Nestlé S.A.
- Colgate-Palmolive Company
- The J. M. Smucker Company
- LUPUS Food
- Diamond Pet Foods
- Charlee Bear Products
- Addiction Foods
- Hill's Pet Nutrition
- Del Monte Pet Products
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