Views: 15 Author: Site Editor Publish Time: 2023-04-07 Origin: Site
Whether there is a demand for pet treats is among the most popular questions by pet owners and associated businesses. Surprisingly, while the answer is a definite YES, several aspects surround this notion.
The global pet industry is an extensive billion-dollar industry that has continually boomed since the early 2000s. Pet food sales have skyrocketed by over 200% within the last decade, making pet treats a profitable aspect of this global market. The APPA (American Pet Product Association) outlines that in 2015 alone, over $1 billion worth of pet food was sold, with the growth rate shooting to over 13% since 2014.
This means that sales have extensively boomed over the last decade to several billion dollars, and here's why.
First, the pet treats demand has boomed due to the variety of available options today. Moreover, more and more products are hitting the market to satisfy the large demand for pet food products. To help you get a better understanding, here's what you need to know about the pet treats market demand:
The demand for pet treats has increased for various reasons, among them the fact that people adore animals and constantly seek to do something nice for them. Here are several other reasons why there is a big demand for pet treats.
Owing to the increase in pet treat demands, multiple pet treat companies have developed diverse pet treat products to help pets have fun and eat easily. Ideally, many pet treat companies strive to satisfy the diversified demand for pet foods by making pet treats that coexist with palatability and nutrition based on the living habits and nutritional needs of dogs and cats, a move particularly welcomed by global pet owners.
With the variety of more delicious, fun, and super healthy pet treats, more pet owners have adopted the idea of incorporating pet treats in their pet's daily nutritional program hence the increased pet treat demand.
Many pet owners are now willing to spend money on their beloved pets since they understand the value of pet care. Ideally, pets are integral to many families and require proper care to serve their purpose, mainly companionship and security. The best way to ensure you have a healthy pet is by offering the necessary nutrients and necessities to keep them both fit and happy, and pet treats allow pet owners to do just that!
Pet treats are professionally designed to offer the necessary nutrients and don’t contain any harmful components or preservatives that may otherwise harm your pet’s digestive system.
Another reason for the increased demand for pet treats is that pet owners use them to show affection and love for their animals. Doing so gives you a suitable way to keep your pet happy and healthy and boost your bond with your pet.
Furthermore, a pet treat excites your pet since, considering the variety of treats available; they can always expect an exciting thing to try out each time you surprise them. This is a practical way to build a solid bond with your pet.
Pet treats can also work perfectly for your pets as an incentive for staying active or eating right. For instance, if you have a puppy or cat, you can occasionally treat it with something special as a reward for something good. It can be a reward for being good or to aid your pet in feeling better after an exhausting day. What's more, you can also get your pet a pet treat during training sessions.
