In 2023, the volume per capita of prepared pet foods in France stood at 20.52 kilograms. The forecast from 2024 to 2028 indicates a steady, incremental increase in this metric:
- 2024: 20.59 kg (0.34% increase from the previous year)
- 2025: 20.66 kg (0.34% increase)
- 2026: 20.73 kg (0.34% increase)
- 2027: 20.8 kg (0.34% increase)
- 2028: 20.87 kg (0.34% increase)
The year-on-year variation from 2023 to 2024 is a 0.34% increase. Using the compounded annual growth rate (CAGR) to measure average annual growth from 2023 to 2028, the market exhibits a CAGR of approximately 0.34%.
Future trends to watch for include the potential impact of premium and specialized pet foods on market growth. Additionally, changing consumer preferences towards healthier and organic pet food options could drive further market developments.