Key Market Indicators
Portuguese Pet Food Sales are projected to climb to €76 million by 2028, up from €67 million in 2023, marking an average annual growth rate of 1.7%. Since 2013, the market has experienced a robust average annual growth rate of 10.5%. In 2023, Portugal ranked 15th, with Sweden coming in just ahead at €67 million. France, the United Kingdom, and Spain held the second, third, and fourth spots, respectively. In terms of imports, Portuguese Pet Food Import is expected to reach 234 million kilograms by 2028, increasing from 213 million kilograms in 2023, with an average annual growth rate of 1.5%. Since 1993, the demand has seen a consistent rise of 1.8% annually. On the export front, Portuguese Pet Food Export is set to reach nearly 59 million kilograms by 2028, up from 47 million kilograms in 2023, growing at a compound annual growth rate of 3.5%. Since 1993, the supply has surged by 4% year on year. In 2023, Portugal was ranked 23rd, with Brazil leading at 47 million kilograms. France, the United States, and Poland secured the second, third, and fourth places, respectively.
