Germany leads the European prepared pet food market with a turnover share of €27.24 million, followed by France at €24.03 million and the United Kingdom at €11.63 million. Spain and Hungary also show significant market shares with €7.32 million and €5.93 million, respectively. Over the past year, notable year-on-year variations include Hungary's 6.12% increase, Italy's 5.49% growth, and the Czech Republic's 12.51% surge. Conversely, Poland saw a decline of 1.94%, and Ireland experienced a decrease of 5.68%. The five-year Compound Annual Growth Rate (CAGR) indicates robust market dynamism in countries such as Serbia and Latvia, witnessing double-digit growth rates.
Looking ahead, the European prepared pet food market will likely experience continued growth, particularly in emerging markets such as Serbia and Portugal, driven by rising pet ownership and increasing consumer expenditure on pet care products. Innovations in pet food formulations and sustainable packaging are emerging trends that will play a critical role in shaping market dynamics across Europe.
Top countries in Prepared Pet Food Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.24 | 2023 | +2.58% | +2.12% | View data |
| 2 | 2 France | 24.03 | 2023 | +2.01% | +1.92% | View data |
| 3 | 3 United Kingdom | 11.63 | 2023 | +0.023% | +0.59% | View data |
| 4 | 4 Spain | 7.32 | 2023 | +4.35% | +3.73% | View data |
| 5 | 5 Hungary | 5.93 | 2023 | +5.04% | +6.12% | View data |
| 6 | 6 Italy | 5.84 | 2023 | +1.75% | +5.49% | View data |
| 7 | 7 Czech Republic | 3.41 | 2023 | +11.43% | +12.51% | View data |
| 8 | 8 Austria | 3.25 | 2023 | +2.09% | +3.4% | View data |
| 9 | 9 Belgium | 2.91 | 2023 | +10.22% | +6.93% | View data |
| 10 | 10 Poland | 2.83 | 2023 | -1.72% | -1.94% | View data |
