The sold production of dog or cat food in Finland in 2023 stood at 9.2515 million kilograms. The market has experienced a mix of fluctuations and robust growth over the past decade. From 2013 to 2015, production values fluctuated before stabilizing somewhat from 2016 to 2018 with minor variations. A notable surging moment appeared in 2019 with a year-on-year increase of 69.63%, followed by a significant drop in 2020. The period between 2021 to 2023 marked moderate growth, reflecting improved market stability. The average annual growth (CAGR) from 2019 to 2023 was substantial at 7.29%.

Future Trends:

Anticipated moderate growth from 2024 to 2028.
The forecasted 5-year CAGR is expected to slow to 0.76% compared to recent years.
Potential stability with minor continuous growth as indicated by the forecasted values till 2028.