Market revenue in 2023 | USD 2,345.7 million |
Market revenue in 2030 | USD 5,355.0 million |
Growth rate | 12.5% (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 |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet snacks and treats market will help companies and investors design strategic landscapes.
Eatables was the largest segment with a revenue share of 63.93% in 2023. Horizon Databook has segmented the China pet snacks and treats market based on eatables, chewables covering the revenue growth of each sub-segment from 2018 to 2030.
Based on research findings from the Chinese pet industry website pethadoop.com, the urban pet ownership in China, including both dogs and cats, surpassed 70.43 million in 2022, reflecting a year-on year growth of 2.9%.
William Chen, Vice President of Nestle Purina Pet Care, Zone Greater China, highlighted that despite the relatively brief history of the Chinese pet industry, spanning less than 30 years, it is currently undergoing substantial growth.
This growth is primarily driven by the improved living standards of consumers and notable changes in household consumption patterns across China. The increasing number of urban pet owners signifies a burgeoning trend, indicating a growing affinity for pets and their associated products in the Chinese market.
Horizon Databook provides a detailed overview of country-level data and insights on the China pet snacks and treats market , including forecasts for subscribers. This country databook contains high-level insights into China pet snacks and treats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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