The prepared pet foods market in Denmark exhibited fluctuating growth from 2012 to 2022. Initially valued at €122.42 million in 2012, the market experienced a drop in 2013, but overall followed an upward trend. The market displayed notable year-on-year growths, particularly in 2018 and 2019 with significant gains of 10.74% and 16% respectively. Despite some reductions in earlier years, sustained positive growth rates were evident in the latter years, with a CAGR of 6.94% from 2017 to 2022. By the end of 2022, the market reached €186.64 million.
Key future trends to watch include potential market expansion driven by increasing pet ownership, heightened consumer focus on pet health and nutrition, and the introduction of premium and tailored pet food products. Additionally, sustainability and eco-friendly packaging are emerging as important factors influencing consumer choices.
How does Denmark rank in Prepared Pet Foods Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,342,500,000 | 2023 | +5.4% | +5.83% | View data |
| 2 | 2 United Kingdom | 3,778,100,000 | 2023 | +0.51% | +2.14% | View data |
| 3 | 3 France | 3,661,900,000 | 2023 | +2.74% | +4.38% | View data |
| 4 | 4 Italy | 1,898,100,000 | 2023 | +2.52% | +0.61% | View data |
| 5 | 5 Spain | 1,691,400,000 | 2023 | +4.83% | +7.22% | View data |
| 9 | 9 Greece | 287,170,000 | 2023 | -0.14% | +5.23% | View data |
| 10 | 10 Finland | 223,370,000 | 2023 | +5.49% | +2.03% | View data |
| 11 | 11 Denmark | 192,280,000 | 2023 | +4.49% | +5.4% | |
| 12 | 12 Croatia | 100,070,000 | 2023 | +4.48% | +6.07% | View data |
| 13 | 13 Slovakia | 97,204,000 | 2023 | +3.3% | +5.02% | View data |