From 2012 to 2022, the dog and cat foods market in Italy showed fluctuations in per capita value. Starting at 26.61 Euros in 2012, values increased slightly each year until a peak of 29.6 in 2017. The market then faced slight declines, bottoming out at 28.11 in 2020, likely due to the global pandemic. Recovery was observed with values reaching 29.2 in 2022. The forecasted CAGR from 2019 to 2023 indicates gradual annual growth, suggesting a steady recovery phase. Year-on-year variations from 2021 to 2022 also indicate an upward trend, with the value standing at approximately 30.5 in 2023.
Future trends to watch for include the influence of premiumization in pet foods, increased demand for organic and healthy options, and the potential impacts of economic fluctuations on consumer spending. E-commerce growth and innovation in pet food formulations will also play crucial roles in shaping the market.
How does Italy rank in Dog and Cat Foods Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 54.16 | 2023 | View data | ||
| 2 | 2 Estonia | 50.04 | 2023 | View data | ||
| 3 | 3 United Kingdom | 49.64 | 2023 | View data | ||
| 4 | 4 Latvia | 46.12 | 2023 | View data | ||
| 5 | 5 Germany | 41.65 | 2023 | View data | ||
| 9 | 9 Denmark | 31.85 | 2023 | View data | ||
| 10 | 10 Hungary | 31.23 | 2023 | View data | ||
| 11 | 11 Italy | 29.51 | 2023 | |||
| 12 | 12 Croatia | 26.45 | 2023 | View data | ||
| 13 | 13 Lithuania | 24.14 | 2023 | View data | ||
