In 2023, the dog and cat foods market in France stood at 22.75 kilograms per capita. From the forecasted data, the market is anticipated to grow consistently over the next five years. This growth starts with a volume of 22.91 Kg per capita in 2024 and reaches 23.65 Kg per capita by 2028.
The year-on-year variations are:
- From 2023 to 2024: Approximately 0.7%
- From 2024 to 2025: Approximately 0.8%
- From 2025 to 2026: Approximately 0.8%
- From 2026 to 2027: Approximately 0.8%
- From 2027 to 2028: Approximately 0.8%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.8% per year.
Future trends to watch for include the increasing shift towards premium and specialized pet foods, reflecting a trend towards greater pet humanization and the growing importance of pet health and nutrition among pet owners. This could spur further innovation and higher market values. Additionally, the sustainability and ethical sourcing of pet food ingredients are also key areas to monitor in this evolving market sector.
