From 2012 to 2022, the prepared pet foods market in Austria has shown a trend of steady growth. The market size in terms of volume increased from 200.77 million kilograms in 2012 to 251.83 million kilograms in 2022. The year-on-year percentage variation has fluctuated, with notable increases in 2013 (4.52%), 2015 (5.24%), and 2019 (6.05%). However, 2018 experienced a decline of 1.8%. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2022) stands at approximately 1.52%, indicating moderate and consistent growth.
Key trends over the past two years include:
- 2021: Year-on-year growth of 1.5%
- 2022: Year-on-year growth of 1.45%
Future trends to watch for include the impact of consumer preferences shifting towards more premium and organic pet food options, as well as the potential for increased market penetration by international brands. Additionally, the ongoing trend of pet humanization could drive further growth in the market. The market in 2023 is anticipated to continue on this upward trajectory.
How does Austria rank in Prepared Pet Foods Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,791,300,000 | 2023 | -0.19% | +0.73% | View data |
| 2 | 2 Germany | 1,570,000,000 | 2023 | +0.4% | +0.71% | View data |
| 3 | 3 France | 1,390,700,000 | 2023 | +0.53% | +1.64% | View data |
| 4 | 4 Italy | 1,092,500,000 | 2023 | +2.26% | +0.84% | View data |
| 5 | 5 Spain | 1,020,400,000 | 2023 | +1.78% | +2.49% | View data |
| 9 | 9 Belgium | 350,330,000 | 2023 | +2.72% | +3.8% | View data |
| 10 | 10 Romania | 305,790,000 | 2023 | +3.97% | +3.58% | View data |
| 11 | 11 Austria | 255,360,000 | 2023 | +1.4% | +2.17% | |
| 12 | 12 Greece | 248,320,000 | 2023 | -1.57% | +0.36% | View data |
| 13 | 13 Czech Republic | 210,920,000 | 2023 | -0.41% | -0.96% | View data |
