The data from 2013 to 2023 reveals a significant upward trend in the sold production of dog and cat food in Poland, climbing from 393.64 million kilograms in 2013 to 881.41 million kilograms in 2023. The year-on-year variations indicate substantial increases, particularly with a notable spike in 2018 (34.83%) and more moderate growth rates in subsequent years. The Compound Annual Growth Rate (CAGR) has varied, with a peak in 2018 at 13.46% and a more modest 3.56% in 2023.
The recent two years show a slight deceleration in growth: 2021 saw a 9.98% increase, 2022 a 4.2%, and 2023 a 3.95%. For the future, forecasted data suggests continual growth though at a slightly slower pace with a projected 2.85% CAGR over the next five years, resulting in an overall increase of 15.06% by 2028.
Future trends to watch for include:
- Potential impacts of economic shifts on consumer spending for pet food.
- Increase in premium or specialized pet food demand.
- Regulatory changes affecting the pet food industry.
- Rising pet ownership rates and trends towards pet humanization.
- Evolution of e-commerce and direct-to-consumer sales channels.
