Dog Treats Market Size, Demand & Growth Analysis by Fact MR The increasing trend of people adopting dogs as status symbols is expected to drive up the demand for dog treats. According to data from Fact.MR, a market research and competitive intelligence provider, the global dog treats market (개 간식 시장) is projected to reach a value of US$ 275 billion by the end of 2033. This market is anticipated to grow at a compound annual growth rate (CAGR) of 22.5% throughout the forecast period from 2023 to 2033. People are adopting dogs and other pets to tackle anxiety and loneliness. Thus, rising pet ownership is resulting in increased demand for pet treats around the world. Furthermore, individuals from middle-income groups across developing nations such as Thailand, India, etc., are willing to spend a higher amount of money on nutritious foods for their pets, which is expected to generate lucrative opportunities for dog food providers over the coming years. Want Full Report? Enquire Here-https://www.factmr.com/report/dog-treats-market Dog treats are widely used as dietary supplements, which are given to dogs to keep them engaged and active. These are also used as medicinal supplements for dogs. Dog treats generally constitute only a minor part of the routine nutrition for dogs to meet adequate nutritional standards.