The dog and cat food market in France saw fluctuating trends between 2013 and 2023. The market size volume stood at 1.4844 billion kilograms in 2023, marking a slight decline of 0.17% from the previous year. Over the last two years, the market experienced small negative year-on-year variations. Looking at the last five years, the compound annual growth rate (CAGR) reveals a slight positive average growth of 3.17% per year. Forecasts indicate a gradual decline, with a 5-year anticipated CAGR of -0.13% and an overall growth rate of -0.66% by 2028.
Future trends to watch for include:
- Increasing consumer preference for premium and natural pet food products
- Growing awareness about pet nutrition and wellness
- Potential impact of economic factors on pet ownership rates and spending on pet care
- Innovations in pet food formulations and packaging