The prepared pet foods market in Hungary saw a gradual increase in value per capita from 2013 to 2023, peaking at 30.71 Euros in 2023. Over the recent two-year span, the market grew by 3.8% from 2021 to 2022, and by 3.5% from 2022 to 2023. Over the last five years, the compounded annual growth rate (CAGR) has been 1.8% per annum, reflecting steady growth in this sector.
Future trends worth monitoring include the potential impact of economic fluctuations on consumer spending, shifts in consumer preferences toward premium and sustainable pet food options, and the influence of increasing pet ownership on market demand.
How does Hungary rank in Prepared Pet Foods Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 55.73 | 2023 | View data | ||
| 2 | 2 France | 54.38 | 2023 | View data | ||
| 3 | 3 Germany | 52.26 | 2023 | View data | ||
| 4 | 4 Estonia | 51.63 | 2023 | View data | ||
| 5 | 5 Latvia | 46.12 | 2023 | View data | ||
| 9 | 9 Denmark | 31.85 | 2023 | View data | ||
| 10 | 10 Italy | 30.82 | 2023 | View data | ||
| 11 | 11 Hungary | 30.71 | 2023 | |||
| 12 | 12 Greece | 28.1 | 2023 | View data | ||
| 13 | 13 Croatia | 26.45 | 2023 | View data | ||
