In 2023, Lithuania's Prepared Pet Foods market reached a value of 24.03 Euros per capita. From 2013 to 2023, the market demonstrated an upward trend despite some fluctuations. The value increased from 15.39 Euros per capita in 2013, marking a significant growth over the decade. In recent years, from 2022 to 2023, there was a year-on-year increase of approximately 2%, continuing the momentum from the preceding year. The compound annual growth rate (CAGR) over the last five years was also steady.
Future trends to watch include the potential impact of evolving consumer preferences towards premium and health-focused pet food products, as well as the influence of economic factors on consumer spending in this sector. Additionally, increased focus on sustainability and locally sourced ingredients may shape market dynamics moving forward.
How does Lithuania rank in Prepared Pet Foods Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 55.73 | 2023 | View data | ||
| 2 | 2 France | 54.38 | 2023 | View data | ||
| 3 | 3 Germany | 52.26 | 2023 | View data | ||
| 4 | 4 Estonia | 51.63 | 2023 | View data | ||
| 5 | 5 Latvia | 46.12 | 2023 | View data | ||
| 12 | 12 Greece | 28.1 | 2023 | View data | ||
| 13 | 13 Croatia | 26.45 | 2023 | View data | ||
| 14 | 14 Lithuania | 24.03 | 2023 | |||
| 15 | 15 Poland | 23.93 | 2023 | View data | ||
| 16 | 16 Slovakia | 17.8 | 2023 | View data | ||