Key Market Indicators
Italian Pet Food Sales are projected to hit €1.16 billion by 2028, up from €1.07 billion in 2023. This marks a compound annual growth rate (CAGR) of 1.3%. Since 2013, the Italian market has grown at an annual rate of 5.5%. In 2023, Italy was ranked sixth in pet food sales, with Hungary slightly ahead at €1.07 billion. France, the United Kingdom, and Spain took the second, third, and fourth spots, respectively. Italian pet food imports are expected to reach approximately 385 million kilograms by 2028, increasing from around 366 million kilograms in 2023. This represents an average annual growth rate of 0.8%. Since 1999, the demand for pet food in Italy has grown by 1.4% annually. On the export front, Italy is set to reach about 277 million kilograms by 2028, up from nearly 265 million kilograms in 2023. This marks a CAGR of 0.7%. Since 1999, Italian pet food exports have increased by 0.9% each year. In 2023, Italy was ranked 13th in pet food exports, with Canada slightly ahead at nearly 265 million kilograms. France, the United States, and Poland occupied the second, third, and fourth positions, respectively.
