The prepared pet food turnover in Poland demonstrates a fluctuating trend over the past decade. From 2013 to 2016, there was consistent growth, peaking at €1050.0 million in 2016. However, a sharp decline followed in 2017, reaching €822.4 million. By 2019, turnover plummeted significantly to €322.2 million, but saw a partial recovery in 2020 with a 69.89% increase. The subsequent years exhibited a relatively stable yet decreasing trend, with a gradual decline from 2021 to 2023, culminating at €518.8 million in 2023.
Forecasted data from 2024 to 2028 indicates a continued downward trend, with the turnover gradually decreasing to €475.0 million by 2028. The last five years show an average annual decrease (CAGR) of -1.94%, while the forecasted 5-year CAGR stands at -1.41%, signaling a moderate decline. The overall 5-year growth rate from 2024 to 2028 is projected to be -6.84%.
Future trends to watch for include potential shifts in consumer preferences towards healthier or premium pet food options, which may influence the market dynamics. Additionally, economic factors and disposable income levels will play a crucial role in shaping the demand within the Polish pet food industry.
