Europe Pet Snacks And Treats Market Size & Outlook
Europe pet snacks and treats market, 2018-2030 (US$M)
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Europe pet snacks and treats market highlights
- The Europe pet snacks and treats market generated a revenue of USD 7,617.6 million in 2023.
- The market is expected to grow at a CAGR of 11.3% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 7,617.6 million |
| Market revenue in 2030 | USD 16,146.7 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Eatables |
| Fastest growing segment | Chewables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 20.9% of the global pet snacks and treats market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,074.4 million by 2030.
Eatables was the largest segment with a revenue share of 64.33% in 2023. Horizon Databook has segmented the Europe pet snacks and treats market based on eatables, chewables covering the revenue growth of each sub-segment from 2018 to 2030.
The surge in pet snack and treat sales in Europe can be attributed to the increasing pet population across the continent. In 2022, the European Pet Food Industry Federation reported a significant presence of pets in European households, reaching a total of 91 million, which is approximately 46% of all households.
Following closely, dogs secured the second position, residing in around 25% of European households and boasting a population of 104 million. This data underscores the substantial impact of pets on European households, highlighting the need for high-quality and diverse pet food options to cater to the preferences and nutritional requirements of this growing and diverse pet population.
In December 2023, Omni, a prominent figure in the U.K.’s plant-based pet food sector, unveiled a strategic partnership with Fressnapf, a prominent German pet retailer recognized globally. Fressnapf operates a vast network of over 1,400 stores and employs approximately 8,000 individuals across 12 European countries.
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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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Europe pet snacks and treats market size, by country, 2018-2030 (US$M)
Europe Pet Snacks And Treats Market Outlook Share, 2023 & 2030 (US$M)
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