In 2023, the actual sold production of dog or cat food in Norway stood at 46.5 million kilograms.
The forecasted data shows the following trends from 2024 to 2028 in million kilograms:
- 2024: 47.855 (+2.9% year-on-year)
- 2025: 49.428 (+3.3% year-on-year)
- 2026: 50.986 (+3.1% year-on-year)
- 2027: 52.528 (+3.0% year-on-year)
- 2028: 54.055 (+2.9% year-on-year)
Analyzing the data over the last five years, the compound annual growth rate (CAGR) is approximately 3.0% per year.
Future trends to watch for include increased consumer demand for premium and specialized pet food, driven by heightened awareness of pet health and wellness. Additionally, sustainability and the environmental impact of pet food production are likely to shape market strategies.
