Pet Snack Market to Reach $22 Billion by 2034, Driven by Premiumization and Online Shopping
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Pet snacks and treats market size to reach $22.2 billion by 2034, registering a CAGR of 5% from 2024-2034.
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Pet owners prioritizing quality, turning to online shopping, and demand from millennials driving growth.
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High costs of premium treats and stringent regulations posing challenges.
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North America and Europe leading in terms of market share, while Asia Pacific presents growth opportunities.
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Key players include Mars Inc., Nestlé Purina, J.M. Smucker Company, Hill's Pet Nutrition.