From 2010 to 2020, the price per unit of dog and cat foods in France showed an overall upward trend, starting at €1.95 per kilogram in 2010 and reaching €2.40 in 2020. This represents a notable increase driven by steady yearly growth interspersed with occasional slight regressions, notably in 2017 and 2018. The Compound Annual Growth Rate (CAGR) over the last five years of available data reflects this positive trajectory.
Future trends to watch for include:
- Potential price fluctuations due to economic factors such as inflation and supply chain disruptions.
- Changes in consumer preferences towards premium and organic products, which might further influence price dynamics.
- Impact of environmental policies and sustainability concerns on production costs.