Pet snacks and treats for dogs are designed to offer both nutritional benefits and enjoyment. These products are widely used for training, rewarding good behavior, or simply providing a tasty snack. Common forms include chewy treats, biscuits, jerky, and dental sticks. Many dog treats are fortified with vitamins and minerals, supporting overall health, while specialized options target joint support, digestive health, or dental care. Thus, the Chinese market registered a volume of 96.70 kilo tonnes in 2023.
The China market dominated the Asia Pacific Pet Snacks And Treats Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.02 billion by 2031. The Japan market is registering a CAGR of 11.7% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 13.1% during 2024-2031.
The increase in pet ownership, particularly in urban areas, has been a major driver of the market. As more people, especially millennials and Gen Z, adopt pets, the demand for diverse and high-quality snacks and treats has risen. These pet owners are more likely to seek premium products that align with their values, such as organic, non-GMO, and sustainably sourced ingredients.
Several key trends are shaping the market, reflecting broader changes in consumer behaviour, health awareness, and technological advancements. As sustainability becomes a key concern for pet owners, insect-based protein treats are emerging as a significant trend in the market. Insects like crickets and mealworms offer a high-protein, low-environmental-impact alternative to traditional meat-based treats, appealing to eco-conscious consumers.
As the retail industry grows, there is a notable increase in investment in dedicated pet categories within stores. Retailers are expanding their pet sections to include a diverse range of snacks and treats, catering to the growing number of pet owners. The growth of the retail sector is fostering the development of pet specialty chains across India. These chains offer a curated selection of snacks and treats, providing specialized products and expertise that enhance consumer trust and satisfaction. The competitive retail landscape in India is driving retailers to offer promotions, discounts, and loyalty programs on snacks and treats. These incentives encourage consumer spending and increase the frequency of purchases.
The increasing number of pet-friendly retail environments in India, such as pet cafes and pet-centric stores, contributes to higher demand for snacks and treats. These environments often feature dedicated sections for pet products and promote a pet-inclusive shopping experience. In conclusion, the rising retail sector and increasing disposable income in the region drive the market's growth.
List of Key Companies Profiled
- Archer Daniels Midland Company
- Mars, Inc.
- Nestlé S.A.
- The Colgate Palmolive Company
- General Mills, Inc.
- The Wellness Pet Company (Clearlake Capital Group, L.P.)
- Spectrum Brands Holdings, Inc.
- The J.M. Smucker Company
- Unicharm Corporation
- Diamond Pet Foods, Inc.
Market Report Segmentation
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Eatable
- Chewable
By Pet Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Dogs
- Cats
- Other Pet Type
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Pet Specialty Stores
- Supermarkets and Hypermarkets
- Online
- Other Distribution Channel
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Companies Mentioned
Some of the key companies profiled in this Asia-Pacific Pet Snacks and Treats market report include:- Archer Daniels Midland Company
- Mars, Inc.
- Nestlé S.A.
- The Colgate Palmolive Company
- General Mills, Inc.
- The Wellness Pet Company (Clearlake Capital Group, L.P.)
- Spectrum Brands Holdings, Inc.
- The J.M. Smucker Company
- Unicharm Corporation
- Diamond Pet Foods, Inc.
Methodology
LOADING...