About Dog Treat
Dog treats are food given to dogs in order to increase their nutritional intake which help them controlling their weight and improving overall health. Number of dogs as pet are rising globally with United States alone accounts for over 90 million dogs as pet population as of early 2018, there needs an effective dog foods to promote overall growth and help fight any potential disease out breaks, which in turn proliferating the growth of the very market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 3.8% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Mars Petcare Inc. Nestle Purina PetCare Hill's Pet Nutrition, Del Monte Foods. Analyst at AMA Research estimates that United States, Chinese Vendors will contribute the maximum growth to Global Dog Treat market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mars Incorporated (United States), Nestle Purina (United States), Big Heart Pet Brands (United States), Colgate Palmolive Pet Food (United States), Diamond pet foods (United States), Blue Buffalo (United States), Heristo (Germany), Unicharm (Japan), Mogiana Alimentos (Brazil), Affinity Petcare (Spain) and Nisshin Pet Food (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Total Alimentos (Brazil), Yantai China Pet Foods (China), Paide Pet Food (China) and Wagg (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Dog Treat market by Type (Dry Treats, Wet Treats and Others), Application (Pet Store, Individual and Others) and Region.
On the basis of geography, the market of Dog Treat has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Ingredient Type, the sub-segment i.e. Animal-derived will boost the Dog Treat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Specialized Pet Shops will boost the Dog Treat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Premiumization has also led to a number of innovations in the taste and flavour of the pet products and Humanization of pets have led the owners to treat their pets as family and feed them the right food according to their age and breed
Market Growth Drivers:
A growing concern among dog owners regarding their dog's health has increased their expenditure on nutritious dog food, Increasing acceptance for dog adoption in the high-income group and Availability of omni-channel retailing
Challenges:
Allergies with active ingredients and Due to regulatory issues and laws related pet adoption
Restraints:
High cost of dog treat products
Opportunities:
Owner requires more variety of snacks and treats for dog
Market Leaders and their expansionary development strategies
In November 2023, Central Garden & Pet, a market leader in the Pet and Garden industries, has acquired TDBBS, LLC from Bregal Partners. Based in Richmond, VA, TDBBS is a provider of premium natural dog chews and treats. The addition of TDBBS will expand Central’s portfolio with bully and collagen sticks, bones and jerky, and further strengthen Central’s eCommerce and digital capabilities.
August 2023 ,Worldwise, Inc. a pet industry leader of solution-based pet products, is announcing the launch of Treatly, a new brand of pet treats and chews. Made from time-tested, all natural, high-quality ingredients, and crafted using the highest human-grade food standards, Treatly's wide range of chews and treats are a pure and simple way to a dog's heart and provide the ultimate bonding moment.
Key Target Audience
Manufacturers, Suppliers, Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.