The Latin America, Middle East and Africa Pet Snacks And Treats Market would witness market growth of 13.4% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 129.38 kilo tonnes, showcasing a growth of 11.5% (2024-2031).
Sales of pet snacks and treats through online distribution channels have surged, reflecting the growing trend towards digital shopping. Online platforms offer convenience, a broad selection, and the ability to compare products and prices easily. This channel appeals to pet owners seeking specific brands, health-oriented options, and unique treats not always available in physical stores. Thus, the Brazilian market registered a volume of 5.91 kilo tonnes in 2023.
The Brazil market dominated the LAMEA Pet Snacks And Treats Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,453.1 million by 2031. The Argentina market is showcasing a CAGR of 14.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.5% during (2024 - 2031).
The growing interest in CBD (cannabidiol) for pets has led to an increase in the availability of CBD-infused snacks and treats. These products are marketed for their potential benefits in reducing anxiety, alleviating pain, and improving overall well-being in pets, particularly dogs. The trend of personalized pet nutrition extends to snacks and treats, with companies offering custom formulations based on a pet’s age, breed, weight, activity level, and health conditions. This trend reflects a broader shift toward tailored, pet-specific products that cater to individual dietary needs.
There is a growing trend towards incorporating superfood ingredients such as turmeric, kale, blueberries, and chia seeds into pet snacks and treats. These ingredients are chosen for their health-boosting properties, such as anti-inflammatory, antioxidant, and immune-supporting benefits. Pet treats made with ancient grains like quinoa, millet, and amaranth, as well as alternative flours like chickpea, sweet potato, and coconut flour, are gaining popularity. These ingredients are perceived as healthier and more digestible options.
The expansion of e-commerce in Brazil is prompting pet snack brands to enhance their investment in digital marketing strategies, including targeted advertisements and social media campaigns. This helps brands reach a broader audience and build stronger connections with consumers. Brazilian e-commerce platforms increasingly integrate with other digital channels, like mobile apps and social media. This multi-platform approach allows pet snack brands to reach consumers through various touchpoints and streamline purchasing. Therefore, the rising e-commerce sector and expansion of the pet care industry in the region are driving the market's growth.
Free Valuable Insights: The Worldwide Pet Snacks And Treats Market is Projected to reach USD 81.8 Billion by 2031, at a CAGR of 11.6%
Based on Product, the market is segmented into Eatable, and Chewable. Based on Pet Type, the market is segmented into Dogs, Cats, and Other Pet Type. Based on Distribution Channel, the market is segmented into Pet Specialty Stores, Supermarkets & Hypermarkets, Online, and Other Distribution Channel. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Pet Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031
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