PUBLISHER: KBV Research | PRODUCT CODE: 1563295
PUBLISHER: KBV Research | PRODUCT CODE: 1563295
The North America Pet Snacks And Treats Market would witness market growth of 11.2% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 524.59 kilo tonnes, showcasing a growth of 12.0% (2020-2023).
Eatable pet snacks and treats are widely used for rewarding, training, and promoting dental health in pets. These products often come in flavors like meat, poultry, or fish to enhance palatability. The advantages include offering nutritional benefits, such as added vitamins, minerals, and ingredients that support joint, skin, and coat health. Many snacks also promote dental hygiene by reducing plaque and tartar buildup. Thus, the US market consumed 428.10 kilo tonnes of these snacks in 2023.
The US market dominated the North America Pet Snacks And Treats Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $27,866.5 million by 2031. The Canada market is experiencing a CAGR of 13.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.6% during (2024 - 2031).
These treats can play a role in post-surgery recovery by using ingredients that promote healing, reduce inflammation, and provide comfort. Soft, easily digestible treats are often used to encourage pets to eat when they have a reduced appetite due to pain or discomfort after surgery. For aging pets with diminished senses, specially formulated snacks and treats can provide sensory stimulation. These treats often have enhanced flavours, aromas, and textures to appeal to pets whose sense of taste or smell may have weakened. This can enhance the overall quality of life for elderly pets and help maintain interest in nourishment.
These treats are often used to introduce pets to new foods or diets, especially when transitioning from one type of food to another. This gradual introduction through treats can help pets acclimate to new flavours and textures, reducing the likelihood of gastrointestinal issues or food rejection. Certain snacks and treats are designed to alleviate symptoms of motion sickness during travel. These treats may contain ingredients like ginger or other natural remedies known to ease nausea, making trips more comfortable for pets prone to car or plane sickness.
The rise in pet care spending contributes to expanding pet wellness programs, often including customized treatment options. Pet owners are investing in comprehensive wellness plans that include specialized treats to support their pets' overall health. Increased pet care spending aligns with broader health trends, such as grain-free, low-carb, or high-protein diets. This has led to a surge in demand for treats that align with these dietary preferences and health trends. Rising pet care spending is leading to increased investment in research and development for innovative snacks and treats. Companies are exploring new ingredients, technologies, and formulations to meet the evolving preferences of American pet owners. Thus, high spending on pet care and regular checkups of pets in the region is driving the market's growth.
Based on Product, the market is segmented into Eatable, and Chewable. Based on Pet Type, the market is segmented into Dogs, Cats, and Other Pet Type. Based on Distribution Channel, the market is segmented into Pet Specialty Stores, Supermarkets & Hypermarkets, Online, and Other Distribution Channel. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Pet Snacks And Treats Market Report Segmentation
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Pet Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)