Key Market Indicators
The Finnish pet food market is projected to see significant growth, with sales expected to climb to approximately €47 million by 2028, up from around €40 million in 2023. This marks an average annual growth rate of 2.8%. Over the past decade, the Finnish market has expanded at an average rate of 5% per year. In 2023, Finland ranked 21st in the global market, just behind Slovakia, which also had sales of about €40 million. Leading the rankings were France, the United Kingdom, and Spain, occupying the second, third, and fourth positions respectively. On the export front, Finnish pet food exports are anticipated to reach nearly 4.8 million kilograms by 2028, rising from approximately 4 million kilograms in 2023. This represents an average yearly growth rate of 2.9%. Since 1993, Finnish pet food supply has increased at an annual rate of 4.8%. In 2023, Finland was ranked 42nd in pet food exports, with Bulgaria slightly ahead at the same export volume. France, the United States, and Poland held the second, third, and fourth spots in this category. Finnish pet food imports are also on the rise, expected to hit roughly 91 million kilograms by 2028, up from about 86 million kilograms in 2023. This growth translates to an average yearly increase of 0.9%. Since 1993, Finland's demand for imported pet food has grown by 1.4% annually.
