The prepared pet foods market volume in France has shown varied trends over the past decade. The volume stood at 1.3907 billion kilograms in 2023. From 2013 to 2023, the market saw fluctuations, with notable dips in 2014 and 2015, but overall the market exhibited a general upward trend post-2019.
Year-on-year variations can be summarized as:
- 2013: +1.51%
- 2014: -8.77%
- 2015: -3.11%
- 2016: +8.25%
- 2017: +0.058%
- 2018: -1.58%
- 2019: +8.66%
- 2020: -1.75%
- 2021: +0.55%
- 2022: +0.54%
- 2023: +0.53%
The 5-year CAGR leading up to 2023 was 1.64%. Future forecasts suggest steady growth, with a predicted CAGR of 0.43% from 2024 to 2028 and an overall growth rate of 2.15% for this period.
Future trends to watch for include increasing consumer preference for premium and organic pet foods, potential impacts of health and wellness trends on pet food formulations, and technological advancements in pet food production which can drive market dynamics.
