From 2013 to 2023, the dog and cat food market in Portugal showed positive growth. In 2023, the market size was valued at €382.38 million. The period witnessed fluctuations with notable growth between 2016 and 2017, while slight declines occurred in 2014 and 2021. In 2022 and 2023, the market gained momentum with year-on-year growth rates of 3.61% and 3.42%, respectively. The compound annual growth rate (CAGR) from 2018 to 2023 was 3.41%.
Future trends to watch for include:
- Innovation in pet food products focusing on health and wellness.
- Increased demand for premium and organic pet food options.
- Expansion in e-commerce channels for pet food sales.
- Growing pet ownership and humanization of pets driving market growth.
How does Portugal rank in Dog and Cat Foods Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,672,400,000 | 2023 | +2.88% | +4.56% | View data |
| 2 | 2 Germany | 3,608,100,000 | 2023 | +4.59% | +5.23% | View data |
| 3 | 3 United Kingdom | 3,366,400,000 | 2023 | +0.32% | +1.9% | View data |
| 4 | 4 Italy | 1,819,400,000 | 2023 | +2.75% | +0.64% | View data |
| 5 | 5 Spain | 1,641,300,000 | 2023 | +4.75% | +7.03% | View data |
| 6 | 6 Poland | 790,350,000 | 2023 | +2.83% | +3.4% | View data |
| 7 | 7 Portugal | 382,380,000 | 2023 | +3.42% | +3.41% | |
| 8 | 8 Hungary | 309,890,000 | 2023 | +5.46% | +7.58% | View data |
| 9 | 9 Greece | 248,600,000 | 2023 | +1.78% | +6.84% | View data |
