The Dog and Cat Foods Market in Estonia has seen solid growth over the past decade, with the market size value increasing from €28.674 million in 2013 to €65.773 million in 2023. In recent years, the market experienced consistent year-on-year growth, although the growth rate has slightly decelerated in the last two years with a year-on-year variation of 6.59% in 2022 and 6.27% in 2023. The Compound Annual Growth Rate (CAGR) has also decreased from a peak of 11.32% in 2017 to 8.14% in 2023, showing a stable yet tapering expansion trend.
Future trends to watch for include:
- Shifting consumer preferences towards premium and natural pet food products.
- Increase in pet ownership and humanization of pets influencing purchasing decisions.
- Growth of e-commerce and online retail channels enhancing market accessibility.
- Expansion of product offerings tailored to specific dietary needs of pets.
How does Estonia rank in Dog and Cat Foods Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,672,400,000 | 2023 | +2.88% | +4.56% | View data |
| 2 | 2 Germany | 3,608,100,000 | 2023 | +4.59% | +5.23% | View data |
| 3 | 3 United Kingdom | 3,366,400,000 | 2023 | +0.32% | +1.9% | View data |
| 4 | 4 Italy | 1,819,400,000 | 2023 | +2.75% | +0.64% | View data |
| 5 | 5 Spain | 1,641,300,000 | 2023 | +4.75% | +7.03% | View data |
| 14 | 14 Latvia | 85,448,000 | 2023 | +3.69% | +5.34% | View data |
| 15 | 15 Lithuania | 66,322,000 | 2023 | +1.84% | +2.42% | View data |
| 16 | 16 Estonia | 65,773,000 | 2023 | +6.27% | +8.14% | |
