Market Research Future (Food and Beverages) Pet Snacks and Treats Market Research Report | Page 3

Pet Snacks & Treats Market Research Report – Global Forecast till 2023
2 Market Overview
Pet snacks & treats are pet food products offered to the pets as healthy snacks or appreciation and pampering treats.
Pet owners across the globe are spending heavily on their pet food products to ensure their pets consume best
quality and healthy food. Pet treat manufacturers are exploiting this opportunity and launching new pet snacks and
treats made from fresh ingredients such as tomato, carrots, spinach, and sweet potato among others. For instance,
Pet Tao LLC provides food therapy Harmony treats and functional supplements targeted at both cats and dogs.
Based on type, the global pet snacks & treats market has been segmented into chewable, and eatables. The eatable
segment gained the highest market share in 2017 and is expected to grow at a higher rate during the forecast period
owing to the high availability of eatable snacks and treats in the market. Eatables are available as both snacks and
treats, whereas, chewable are mainly targeted as pet treats.
Regional Analysis:
On the basis of region, the global pet snacks & treats market has been segmented by North America, Europe, Asia-
Pacific, and RoW.
North America is expected to gain the lion’s share in the global pet snacks & treats market due to the presence of
major market players in the region. In addition, pets are considered as a family member and are thus, pampered by
providing healthy and tasty snacks and treats, which in turn is boosting the sales of pet snacks & treats in the region.
The pet snacks & treats market in Asia-Pacific is expected to exhibit the highest CAGR due to the rising disposable
income of the people in Asia-Pacific, which enables them to buy premium quality and healthy snacks & treats for
their pets.
Page | 3
Copyright © 2017 Market Research Future.