Key Market Indicators
New Zealand's pet food imports are projected to reach approximately 75 million kilograms by 2028, climbing from around 69 million kilograms in 2023. This represents a compound annual growth rate (CAGR) of 1.5%. Demand for pet food in New Zealand has been on the rise since 1994, with an annual growth rate of 1.6%. On the export front, New Zealand's pet food shipments are expected to hit about 24 million kilograms by 2028, up from 23 million kilograms in 2023. This marks an average annual growth rate of 0.8%. However, New Zealand’s pet food supply has remained relatively flat since 1994, with a zero percent annual growth rate. In 2023, New Zealand ranked 31st globally in pet food exports, with El Salvador surpassing it at 23 million kilograms. The top three countries in this ranking were France, the United States, and Poland, respectively.
