PUBLISHER: Grand View Research | PRODUCT CODE: 1552859
PUBLISHER: Grand View Research | PRODUCT CODE: 1552859
The natural dog treats market is expected to reach USD 14,025.9 million by 2030, is expected to grow at a CAGR of 12.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global increase in pet ownership, especially among millennials and Gen Z, has intensified the focus on pet health and wellness. This demographic shows a strong preference for natural and organic products, and they are applying this preference to their pets' diets. The growing trend of viewing pets as family members has resulted in increased spending on premium pet products, including natural dog treats. Pet owners are now more conscious about the ingredients in pet food, opting for high-quality, natural options that reflect the health-conscious choices they make for themselves.
Pet owners are becoming increasingly aware of the importance of proper nutrition for their pets. Natural dog treats, which are free from artificial additives, preservatives, and fillers, are seen as healthier alternatives. This heightened awareness is fueling the demand for treats that enhance the overall well-being of pets.
The market is poised for continued growth, propelled by advancements in product formulations, strategic marketing, and broader distribution channels. Manufacturers and industry stakeholders have substantial opportunities to leverage evolving consumer trends and enhance their presence in the global market. Companies are increasingly adopting marketing strategies similar to those used for human food, focusing on transparent ingredient sourcing, nutritional benefits, and eco-friendly packaging.