The Prepared Pet Foods Market in Sweden experienced various fluctuations over the past decade. From 2012 to 2017, there was a general upward trend in per capita volume, peaking at 7.57 in 2017. However, from 2018-2020, the market saw slight declines and rebounded in 2021, slowly stabilizing at 7.15 in 2022. Year-on-year, the 2021-2022 period showed a modest increase of 0.56%. The CAGR over the last five years stands at approximately 0.15%, indicating a stable but slow growth trajectory.
Future trends to watch for: - Continued interest in premium and specialized pet foods could drive moderate growth.- Increasing pet ownership and the humanization of pets may boost demand.- Health and wellness trends influencing pet food choices, emphasizing natural and organic options.- Potential economic uncertainties or changes in consumer spending habits impacting market dynamics.
How does Sweden rank in Prepared Pet Foods Market Size Volume Per Capita?
| # | 20 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 39.65 | 2023 | View data | ||
| 2 | 2 Hungary | 38.21 | 2023 | View data | ||
| 3 | 3 Belgium | 30.24 | 2023 | View data | ||
| 4 | 4 Austria | 28.43 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.33 | 2023 | View data | ||
| 18 | 18 Lithuania | 14.89 | 2023 | View data | ||
| 19 | 19 Denmark | 13.26 | 2023 | View data | ||
| 20 | 20 Sweden | 7.19 | 2023 | |||
