Dog Treats Market

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• Dog Treats Market will reach US 36.1 Billion in
  2023 expanding at a CAGR of 22.5
• The market for dog treats is currently valued at
  US 36.1 billion, and by the end of 2033, it is
  expected to have grown to US 275 billion, with
  a remarkable CAGR of 22.5.Recent years have seen
  a shift in pet ownership from ownership to
  parenting, which is a crucial trend driving up
  demand for pet treats globally. A third of
  households in affluent countries adopt animals,
  primarily cats and dogs.
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• Why is there a worldwide increase in demand for
  dog treats? "Global Pet Humanization Trend Is
  Rapidly Growing"
• The market for pet items is witnessing a global
  phenomena known as pet humanization. Most pet
  owners consider their animals to be members of
  their family. Due to rising disposable incomes
  and increased consumer understanding of food
  nutrition, they are willing to boost their
  spending on pet treats.
• Pet owners can improve their ties with their pets
  by using food and rewards to better control and
  train them. Furthermore, the demand for premium
  goods may be boosted by growing awareness of the
  usage of organic components in dog treats. These
  goods contain all-natural, pet-safe components
  that are fit for human consumption.
• Competitive Landscape
• Dogsee Chew is an Indian manufacturer of natural
  pet products. In July 2022, the company launched
  its new product lines Dogsee Play Treatoy and
  Dogsee Singles in the Indian market. Further,
  the Dogsee Singles line consists of natural hard
  chew bars, which are available in coconut and
  carrot flavors. Himalayan cheese is used in the
  manufacturing of these products. The Treatoy
  line consists of treat-cum-toy, which are
  non-toxic for dogs.
• Key Players
• Ani Brands
• The J. M. Smucker Company

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• The market is likely to rise as a result of the
  rising number of dogs kept as pets, which is also
  anticipated to increase demand for dog treats.
• Which Factor Is Anticipated to Boost Dog Treat
  Sales in the United States? "Increasing
  Manufacturer Expenditure on Innovation in Dog
  Foods"
• In the United States, dog treat sales surpassed
  US 5.5 billion in 2022.It is anticipated that
  increased spending by American manufacturers on
  innovations in dog treat items would result in
  better market sales of those products.
• Increasing Adoption of High-quality Raw
  Ingredients in Manufacturing Delicious Dog
  Treats Sales of dog treats in Germany are
  forecasted to surge at a CAGR of 18 from 2023 to
  2033.
• Manufacturers from Germany are making huge
  investments and opting for high-quality raw
  ingredients to manufacture delicious dog treats,
  which can further contribute to their increased
  sales.
• Key Segments of Industry
• By Product
• Foods
• Dry Foods
• Wet Foods
• Treats Mixers
• By Raw Material
• Plant-based

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