What a treat: Asia-Pacific's US$6 billion pet treats market

Demand growing in region as pet parents spend on premium products

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Pet ownership in the Asia-Pacific region continues to grow, leading to plenty of opportunities for the pet treats market there.
Pet ownership in the Asia-Pacific region continues to grow, leading to plenty of opportunities for the pet treats market there.
SolStock | iStock.com

There is some serious snacking going on right now among dogs and cats in the Asia-Pacific that elevates treats as the fastest-growing segment of the pet food market. With over 511 million pets in the region in 2022, every time they nibble on a tasty beef jerky or lick up a savory purée, the market also gets a treat that will add up to US$6.06 billion in 2024.

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