In 2023, the sold production of prepared pet foods in Germany stood at 2.0456 billion kilograms. The year-on-year variation for 2023 was 2.04%, reflective of a consistent growth trajectory with a 5-year CAGR of 4.19%. Over the past decade, the market has shown fluctuations, with notable growth periods like 2020 with a 10.96% increase, and more stable phases, as seen in 2018 with just a 0.14% rise. The five-year forecast predicts a slower growth, with an estimated CAGR of 1.47% and an overall growth rate of 7.58% by 2028.
Future trends to watch for include the increasing demand for premium and specialized pet foods, focusing on health and wellness, sustainability in production practices, and potential impacts of economic variables on consumer spending habits. The industry may also experience technological advancements in production and supply chain efficiencies.
