The Dog and Cat Foods market in Finland has shown a generally upward trend in per capita value from 2012 to 2022. The value per capita increased from 28.32 Euros in 2012 to 36.69 Euros in 2022. Notable variations occurred year-on-year, with the value reaching its peak at 37.27 Euros in 2019 before experiencing a dip in 2020. The last two years saw moderate increases, with a 9.4% growth in 2021 and a marginal 0.2% rise in 2022, after a drop of 10.2% in 2020. The Compound Annual Growth Rate (CAGR) over the last 5 years stands at approximately 2.08%.
Key trends to watch for in the future include growth in premium pet food segments, increasing consumer preference for organic and sustainable products, and innovations in pet nutrition. Additionally, the influence of e-commerce and specialized pet food subscriptions is expected to grow, driving market expansions and changing purchasing behaviors.
How does Finland rank in Dog and Cat Foods Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 54.16 | 2023 | View data | ||
| 2 | 2 Estonia | 50.04 | 2023 | View data | ||
| 3 | 3 United Kingdom | 49.64 | 2023 | View data | ||
| 4 | 4 Latvia | 46.12 | 2023 | View data | ||
| 5 | 5 Germany | 41.65 | 2023 | View data | ||
| 6 | 6 Finland | 38.95 | 2023 | |||
| 7 | 7 Portugal | 37.37 | 2023 | View data | ||
| 8 | 8 Spain | 34.13 | 2023 | View data | ||