Key Market Indicators
Malagasy Pet Food Imports are projected to hit roughly 1.57 million kilograms by 2028, up from around 1.31 million kilograms in 2023. This marks a compound annual growth rate (CAGR) of approximately 2.9%. Since 1995, the demand for pet food in Madagascar has increased steadily, with an average annual growth rate of 4.3%. This upward trend highlights the growing pet care market in the island nation.
