The German dog and cat food market has exhibited robust growth over the last decade. Starting from €2.4059 billion in 2013, it grew steadily with annual variations, despite slight fluctuations. By 2023, the market value reached €3.6081 billion, indicating strong consumer demand and market resilience. The average yearly growth (CAGR) over the past five years stood at 5.23%, showcasing a healthy expansion trajectory.
From 2024, the market is forecasted to continue its upward trend, projected to hit €4.3771 billion by 2028, reflecting a CAGR of 3.06%. Key year-on-year growth rates show a consistent positive growth momentum of around 4.5% over the past two years, positioning the market favorably for sustained growth.
Future trends to watch for include:
- Increased penetration of premium and organic pet food products driven by health-conscious pet owners.
- Rising adoption of e-commerce platforms for pet food shopping.
- Innovation in pet food formulations catering to specific dietary needs and preferences.