The sold production of dog or cat food in Poland has experienced significant fluctuations over the past decade, with values ranging from 429.12 million Euros in 2013 to 900.97 million Euros in 2023. Starting from a steady rise in the early 2010s, the market saw substantial growth in 2015 but faced setbacks in 2016 and 2017. A remarkable surge occurred in 2018, followed by varying performance up to 2020. More recent years, 2021 to 2023, indicated moderate but steady growth. Notably, the value in 2023 stood at 900.97 million Euros.
Recent year-on-year variations show:
• 2022: 4.06% increase
• 2023: 3.82% increase
The 5-year CAGR leading up to 2023 shows an average annual growth rate of 2.54%, indicating consistent market expansion.
Forecast data suggest continued growth, with projected increases in both value and volume up to 2028. The key indicators expected are:
• Forecasted 5-year CAGR: 2.54%
• Forecasted 5-year growth rate: 13.38%
Future trends to watch for include heightened demand influenced by evolving consumer preferences for premium pet food products, potential economic impacts, and technological advancements in production and supply chain efficiencies. Environmental factors and sustainability concerns may also shape market dynamics, driving innovation in product offerings.
