Analyzing the prepared pet food production value in France from 2013 to 2023 shows a general upward trend, despite some fluctuations. The value stood at 3.76 Billion Euros in 2023, reflecting a solid growth over the previous decade. Notably, there were periodic dips in production value in 2015, 2016, and 2019. However, post-2020, the sector regained momentum, showcasing steady year-on-year increases, with a 1.95% rise in 2023.

Looking at the variations, the industry experienced a significant growth of 7.7% in 2014 and 6.06% in 2020. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) averaged 2.13%.

Future trends to watch for:

Continued growth is anticipated, with a forecasted 5-year CAGR of 1.41% from 2024 to 2028.
Watch for changing consumer preferences towards premium and specialized pet food products.
Monitor the influence of sustainability and health-conscious trends on product offerings and production methods.