The prepared pet food production value in Germany has seen a consistent upward trend from 2013 to 2023, standing at 4.12 billion euros in 2023. Notable year-on-year variations include significant growth in 2018 at 18.94%, followed by a slight dip in 2019 at -1.7%, and a gradual increase in subsequent years with a 2.85% year-on-year growth in 2023. The CAGR over the last five years averages 2.06%. Forecasts predict the production value will continue to grow, reaching 4.68 billion euros by 2028, with a forecasted 5-year CAGR of 2% and an overall growth rate of 10.42%.

Trends to watch for:

Innovation in premium and health-focused pet food products
Increasing consumer demand for sustainability and eco-friendly packaging
Rise in e-commerce sales and direct-to-consumer channels
Potential impact of global economic conditions on consumer spending and production costs