Pet Treats Market to Reach $58.71 Billion by 2031, Growing at a CAGR of 8.9%

Pet Treats Market by Pet Type (Dogs, Cats, Others), Ingredient Source (Animal-based, Plant-based, Alternative Proteins), Product Type, Function, Manufacturing Process, Distribution Channel, and Region - Forecast to 2031
The pet treats market [https://www.marketsandmarkets.com/Market-Reports/pet-treats-market-117805385.html] is expected to grow from USD 38.40 billion in 2026 to USD 58.71 billion by 2031, at a CAGR of 8.9%. The market for pet treats is expanding as pet owners are spending more on pet treats, driven by factors such as the humanization of pets, rising pet ownership, and a growing demand for higher-quality products that improve the health, happiness, and well-being of pets. As pets increasingly become part of the family for pet owners, they are being more cautious about the brands they purchase, driving demand for high-end treats with functional benefits, natural ingredients, and transparent labels. Growing awareness of pet preventive healthcare and diet is also prompting consumers to incorporate treats into their pets' day-to-day lives, helping meet their pets' health needs. The pet treats market has moved far beyond the traditional reward-based products. It has responded to consumers' demand for treats formulated to promote different elements of pet health and well-being. Consumers are now looking for treats that can aid digestion, promote skin and coat appearance, maintain dental health, boost the immune system, provide a calming effect and improve vitality. Manufacturers are also continuously adapting to changing requirements and investing in product innovation across multiple categories, including jerky treats, freeze-dried treats, dental chews, soft and chewy treats, natural chews, and functional wellness treats. There is a growing focus on incorporating ingredients that support digestive, immune, and skin & coat health, along with dental hygiene and stress management for pets. The use of advanced processing technologies, such as freeze-drying, air-drying, and cold processing, is enabling manufacturers to preserve nutritional value while meeting consumers' demand for premium products.

Image: https://mnmimg.marketsandmarkets.com/Images/pet-treats-market-img-overview.webp

Market Size and Forecast:

* Market Size Value in 2025: USD 35.49 Billion
* Market Size Value in 2026: USD 38.40 Billion
* Revenue Forecast in 2031: USD 58.71 Billion
* Growth Rate: CAGR of 8.9% from 2026 to 2031
* Data available from 2022 to 2031
* Base year: 2025
* Forecast period: 2026-2031
* The Asia Pacific region is projected to register the highest CAGR of 11.8% during the forecast period.
* The E-commerce segment is expected to account for the largest market share of ~37% in 2026.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117805385

By product type, the jerky & meat-based treats segment is expected to account for the largest share of the pet treats market.

The market share of jerky & meat-based treats is expected to be the largest in the pet treats market during the forecast period. The dominance of this segment is primarily due to an increase in consumers' preference for high-protein, natural, and minimally processed pet treats that closely align with and support pets' biological dietary needs. Pet owners are now beginning to see meat-based treats as a healthier alternative to other treat formats, based on better taste, higher protein content, and simplified ingredient lists. The rise in premium pet nutrition and clean-label trends is also expected to further promote usage for both dogs and cats.

By manufacturing process, the freeze-dried segment is expected to be the fastest-growing during the forecast period.

The freeze-dried segment is expected to be the fastest-growing manufacturing process, driven by rising consumer demand for minimally processed, natural, healthy, and premium pet treats. Freeze-dried treats preserve nutritional value and retain the taste, aroma, and texture of ingredients, along with a longer shelf life. They retain key nutrients without the need for artificial preservatives. Manufacturers are further expanding their single-ingredient treat range, raw-inspired recipes, functional products, and innovative protein offerings. The segment will benefit from the growing consumer popularity of raw feeding and biologically appropriate diets. As availability continues to increase across pet specialty retailers and online, and as consumer awareness of the nutritional advantages of freeze-dried products grows, this will help drive robust growth in this area. Investment in both freeze-drying capacity and manufacturing technology will also contribute to segment expansion.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=117805385

By distribution channel, the e-commerce segment is expected to be the fastest-growing during the forecast period.

The E-commerce category is anticipated to grow at the fastest CAGR during the forecast period owing to the growing adoption of digital means by consumers, the convenience purchasing habits of consumers, and the increased availability of pet care products online. Pet owners are increasingly turning to online channels to access a wider variety of pet treats, to compare products, and to check if the ingredient claims stack up, all while taking advantage of subscription services and recurring delivery schemes. Increased smartphone penetration, integrated digital payment systems, and direct-to-consumer business models are driving robust growth in online pet treat sales in developed and emerging markets.

By pet type, the dogs segment is expected to account for the largest share of the pet treats market.

The dog segment is projected to hold the largest market share in 2031, owing to its much larger population, implying greater use of treats and a more extensive range of products compared with other companion animals. Dog owners frequently use treats for a variety of reasons, including training, behavior reinforcement, enrichment, functional use, and dental benefits, and therefore require a much larger and more consistent use of treats than other companion animals. Additionally, the dog treats segment is witnessing growth in the humanization of pets and rising expenditure on premium dog nutrition, prompting consumers to buy higher-value treats with health and wellness benefits. Companies are continually expanding their ranges of innovative products designed for specific ages and life stages, breeds and sizes of dogs, tastes, and health concerns. The ever-increasing trends in the popularity of treats made with natural and limited ingredients, freeze-dried products, and functional treats will be a positive factor supporting continued growth in the dog treats segment and maintaining its dominant position during the forecast period.

By function, the immune support segment is expected to be the fastest-growing during the forecast period.

The immune support segment is expected to register the highest growth rate during the forecast period, driven by growing consumer focus on preventive pet healthcare and overall wellness. Consumers increasingly prefer to support long-term health through higher-quality nutrition, which has increased demand for treats containing immune-boosting prebiotics and probiotics, as well as other herbs, vitamins, antioxidants, and minerals. Greater consumer knowledge of nutrition and immunology is also encouraging the uptake of immune-promoting health treats. Manufacturers are increasingly developing multifunctional treats that combine immune support with additional benefits such as digestive health, skin and coat support, and overall vitality, while maintaining the palatability of pet treats. The growing influence of veterinary recommendations, the increasing prevalence of age-related health concerns, and rising demand for functional nutrition products are encouraging manufacturers to research and invest in this category. Furthermore, the expansion of premium and wellness-focused pet care trends globally is expected to drive continued investment in immune-supporting formulations, making this one of the most attractive growth opportunities within the pet treats market.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=117805385

By ingredient source, the animal-based segment is expected to account for the largest share of the pet treats market.

Animal-based Treats are expected to account for the largest share of the total pet treats market in 2026, owing to their high protein content, superior palatability, and strong alignment with the natural dietary preferences of companion animals. High-quality nutrition and culturally popular choices among pet owners have supported the use of animal-based ingredients such as chicken, beef, turkey, duck, lamb, fish, and organ meats in the formulation of a majority of dog and cat treats around the world. The evolution of biologically appropriate feeding practices and rising consumer proclivity for protein-dense, unprocessed foods have also supported the increase in demand for animal-based treats in both the canine and feline categories.

By region, the Asia Pacific is expected to register the highest CAGR during the forecast period.

The Asia Pacific region is projected to be the fastest-growing pet treats market, supported by rising purchasing power, expanding economies, urbanization, and growing awareness of pet health and nutrition. Countries such as China, Japan, Australia, South Korea, and India are seeing rapid increases in the adoption of companion animals, which is driving higher spending on premium-quality products such as pet treats. Rising global demand for premium, natural, and functional products, including dental chews, freeze-dried treats, jerky treats, and wellness-focused products, is further fueling growth in the pet treats market across the Asia Pacific region. Moreover, greater penetration of the organized retail sector, specialized pet retail outlets, and online retailing is expanding product accessibility and boosting demand.

Top Pet Treats Companies [https://www.marketsandmarkets.com/ResearchInsight/pet-treats-companies.asp]:

The key companies operating in the pet treats market include Nestle Purina PetCare (Switzerland), Mars, Incorporated and its Affiliates (US), General Mills Inc. (US), The J.M. Smucker Company (US), Colgate-Palmolive (US), Wellness Pet Company LLC (US), Spectrum Brands (US), Simmons Pet Food (US), Freshpet (Netherlands), Stella & Chewy's (US), Virbac (France), Fromm Family Foods, LLC (US), Vital Essentials (US), PureBites (US), and Central Garden & Pet (US).

Recent Developments in the Pet Treats Industry [https://www.marketsandmarkets.com/PressReleases/pet-treats.asp]:

* May 2026: Mars Petcare entered a collaboration with Big Idea Ventures along with ingredient and technology partners to launch the 2026 Global Pet Food Innovation Program. The initiative aims to accelerate the development of sustainable pet nutrition solutions, including alternative proteins, fats, oils, and novel ingredients that can support future pet food and treat formulations.
* March 2026: Nestle announced an investment to expand its Purina pet food production facility in Vargeao, Santa Catarina, Brazil. The investment strengthens Purina's manufacturing capabilities, increases production capacity for domestic and export markets, and supports the company's growth strategy in the pet nutrition category.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore Trademark , which integrates research and provides ecosystem-wide visibility into revenue shifts.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=pet-treats-market-to-reach-5871-billion-by-2031-growing-at-a-cagr-of-89]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/pet-treats-market-117805385.html

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.