Canada Pet Snacks And Treats Market Size & Outlook
Canada pet snacks and treats market, 2018-2030 (US$M)
Related Markets
Canada pet snacks and treats market highlights
- The Canada pet snacks and treats market generated a revenue of USD 1,924.2 million in 2023 and is expected to reach USD 4,421.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, eatables was the largest revenue generating product in 2023.
- Chewables is the most lucrative product segment registering the fastest growth during the forecast period.
Pet snacks and treats market data book summary
| Market revenue in 2023 | USD 1,924.2 million |
| Market revenue in 2030 | USD 4,421.7 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Eatables |
| Fastest growing segment | Chewables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Eatables, Chewables |
| Key market players worldwide | Mars Group Holdings Corp, Nestle SA, JM Smucker Co, General Mills Inc, Colgate Palmolive, Nestle Purina Petcare, Spectrum Brands Holdings Inc, Wellness Pet Company, VAFO Group |
Other key industry trends
- In terms of revenue, Canada accounted for 5.3% of the global pet snacks and treats market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pet snacks and treats market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,421.7 million by 2030.
Eatables was the largest segment with a revenue share of 63.93% in 2023. Horizon Databook has segmented the Canada pet snacks and treats market based on eatables, chewables covering the revenue growth of each sub-segment from 2018 to 2030.
As per Made in Canada, 58% of the population in Canada had a pet in 2022. Among the provinces, Alberta boasts the highest ratio of pet ownership, underlining the cultural significance of pets in the region. Notably, Canada embraces a diverse range of pets, extending beyond traditional domestic animals, with approximately 1.4 million wild animals being kept as pets.
In the pet retail landscape, Ontario takes the lead with the highest number of pet supply stores, reaching 986 establishments in 2023. The industry giant PetSmart holds the position of the largest pet supply retailer in Canada, operating an extensive network of 1,650 stores across the country.
The increasing emphasis on natural ingredients and sustainability mirrors a broader consumer demand for pet products that prioritize health and environmental responsibility in Canada. Many brands are addressing this trend by offering a range of products with insect protein, coconut, and other wholesome ingredients, catering to pet owners seeking nutritious and eco-friendly options.
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Pet Snacks And Treats Market Scope
Pet Snacks And Treats Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada pet snacks and treats market size, by product, 2018-2030 (US$M)
Canada Pet Snacks And Treats Market Outlook Share, 2023 & 2030 (US$M)
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