Market revenue in 2023 | USD 264.2 million |
Market revenue in 2030 | USD 467.7 million |
Growth rate | 8.5% (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 |
Eatables was the largest segment with a revenue share of 63.93% in 2023. Horizon Databook has segmented the South Africa pet snacks and treats market based on eatables, chewables covering the revenue growth of each sub-segment from 2018 to 2030.
Pet ownership in South Africa is on the rise and so is spending on pet care. After the COVID-19 lockdown in March and April 2020, there was a significant increase in the adoption of dogs, cats, birds, and fish as pets.
According to a study published by the Wisconsin Economic Development Corporation (WEDC), with the COVID-19 pandemic lockdown, many people in South Africa found new companionship by welcoming pets into their families.
This rise in pet ownership has fueled the demand for various pet care products, including snacks & treats. According to the WEDC study, South Africa boasts a pet dog population of 9.1 million, surpassing Australia's count by more than twice, along with approximately 2.4 million cats.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account