Pet Treats

Pet Treats

Global Pet Snacks and Treats Market to Reach $55.8 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Pet Snacks and Treats estimated at US$28.8 Billion in the year 2020, is projected to reach a revised size of US$55.8 Billion by 2027, growing at aCAGR of 9.9% over the period 2020-2027. Eatables, one of the segments analyzed in the report, is projected to record 9.3% CAGR and reach US$35.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Chewables segment is readjusted to a revised 11% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 13.4% CAGR

The Pet Snacks and Treats market in the U.S. is estimated at US$7.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.3 Billion by the year 2027 trailing a CAGR of 13.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

Select Competitors (Total 41 Featured) -

• ANI BRANDS
• Blue Buffalo Co., Ltd.
• Champion Petfoods LP
• Colgate-Palmolive Company
• Diamond Pet Care
• Dogswell
• GA Pet Food Partners
• GRANDMA LUCY'S LLC
• Mars Inc.
• Nestle SA
• Plato Pet Treats
• SmartCookieTreats.com
• Spectrum Brands Holdings, Inc.
• The J.M. Smucker Company
• Total Alimentos SA
• TruDog
• WellPet LLC
• Zuke's - Natural Dog Treats

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