Key Market Indicators
Sri Lanka’s pet food imports are projected to surge to approximately 2.7 million kilograms by 2028, up from around 2.2 million kilograms in 2023. This represents an average annual growth rate of 2.9%. Demand for pet food in Sri Lanka has been steadily increasing, with an average annual rise of 4.6% since 1999. In stark contrast, domestic supply of pet food has seen a significant decline. Since 2004, Sri Lankan pet food production has plummeted by nearly 56% year on year.
