The re-import of dog or cat food to France is forecasted to grow from 27 million USD in 2024 to 30.932 million USD by 2028. Although there was redundant mention of some data, the consistent trend indicates a steady increase yearly. Year-on-year growth rates show an upward trend with about a 3-4% increment, demonstrating a stable demand increase. The compound annual growth rate (CAGR) over this period is conducive to maintaining a balanced forecast uptick.
Future trends to watch for:
- The impact of pet ownership patterns increasing globally.
- Changes in consumer preference towards premium pet food products due to rising awareness of pet nutrition.
- The effect of regulatory changes on the re-import tariffs and logistics efficiency within the EU.