In 2023, the sold production of dog or cat food in France reached 2.1847 billion kilograms, reflecting a steady increase over recent years. Between 2022 and 2023, there was a year-on-year increase of 2.58%, continuing the upward trend observed over the past few years. Notably, the compounded annual growth rate (CAGR) from 2019 to 2023 was 4.52%, indicating robust growth during this period.
The forecasted data from 2024 to 2028 expects continued growth. The forecasted 5-year CAGR is 1.82%, contributing to an anticipated overall growth rate of 9.46% by 2028. This suggests a steady but slower growth trajectory compared to recent years.
Future trends to watch for include:
- Increased premiumization in pet food products, driven by consumer demand for higher-quality ingredients.
- Expansion of the organic and natural pet food segments as trends toward healthier lifestyles extend to pets.
- Technological advancements in pet food production and delivery, including tailored nutrition plans and sustainable packaging solutions.
