The Prepared Pet Foods market in France has seen significant fluctuations over the past decade. From 2012 to 2015, the market experienced a decline, dipping notably in 2014 by -8.77%. However, a recovery period followed from 2016 onwards, with varying yearly growth and occasional minor declines. Notably, 2019 marked a significant uptick of 8.66%, stabilizing the market above 1.36 billion kilograms. The last two years saw minimal growth with changes of 0.55% and 0.54%, reaching 1.3834 billion kilograms in 2022.
Key trends over the last two years include:
- 2021 year-on-year: 0.55%
- 2022 year-on-year: 0.54%
The Compound Annual Growth Rate (CAGR) for the last five years stands at 1.21%. Future trends to watch for involve potential growth driven by increasing pet ownership rates and a shift towards premium and specialized pet foods, which may affect both volume and value metrics positively in the coming years.
How does France rank in Prepared Pet Foods Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,791,300,000 | 2023 | -0.19% | +0.73% | View data |
| 2 | 2 Germany | 1,570,000,000 | 2023 | +0.4% | +0.71% | View data |
| 3 | 3 France | 1,390,700,000 | 2023 | +0.53% | +1.64% | |
| 4 | 4 Italy | 1,092,500,000 | 2023 | +2.26% | +0.84% | View data |
| 5 | 5 Spain | 1,020,400,000 | 2023 | +1.78% | +2.49% | View data |
