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Global Pet Treats Market 2024-2028

Global Pet Treats Market 2024-2028

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Global Pet Treats Market 2024-2028
The pet treats market is forecasted to grow by USD 9,103.56 mn during 2023-2028, accelerating at a CAGR of 6.57% during the forecast period. The report on the pet treats market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for organic pet foods, rising consumer awareness regarding pet treats, and rise of e-commerce and online shopping.

Technavio's pet treats market is segmented as below:

By Distribution ChannelOfflineOnlineBy TypeDogCatOthersBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the growing preference for natural and organic pet treats as one of the prime reasons driving the pet treats market growth during the next few years. Also, emergence of cannabidiol-infused pet treats and emergence of novel proteins in pet treats will lead to sizable demand in the market.

The report on the pet treats market covers the following areas:Pet treats market sizingPet treats market forecastPet treats market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pet treats market vendors that include Addiction Pet Foods, Arden Grange, Assisi Pet Care Ltd., Canine India, Colgate Palmolive Co., General Mills Inc., heristo aktiengesellschaft, Mars Inc., Nestle SA, Nulo Pet Food, Plato Pet Treats, PPN Ltd. Partnership, Primal Pet Foods Inc., Schell and Kampeter Inc., Spectrum Brands Holdings Inc., The J.M Smucker Co., Unicharm Corp., Vegeco Ltd, Wellness Pet Co. Inc., and Wiggles. Also, the pet treats market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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