The prepared pet food production value in Poland experienced substantial growth from 2013 to 2016, peaking at 979.8 million euros. However, it faced a significant drop in 2017, followed by a sharp decline in 2019. The industry made a notable recovery from 2020 onwards, with a consistent but moderate growth observed from 2021 to 2023, standing at 517.7 million euros in 2023.
Year-on-year variances highlight significant fluctuations; the most extreme decline was -46.77% in 2019, while the highest growth rate was 81.46% in 2020. The five-year CAGR leading up to 2023 was a modest 0.16%. Future projections show a steady, albeit slow, growth rate with a forecasted 5-year CAGR of 0.45% reaching 534.7 million euros by 2028.
Future trends to watch for include increasing premiumization of pet food, a shift towards more sustainable and organic products, and the potential impacts of economic fluctuations and evolving consumer preferences on market dynamics.
