In 2024, Germany leads the European prepared pet foods market with the highest market value share, followed by the United Kingdom and France. Italy and Spain also hold significant shares, with the remaining European countries capturing smaller portions of the market. Based on 2023 data, Germany experienced a 5.83% increase in market value share, while Spain saw a notable 7.22% rise. In contrast, Italy and Bulgaria showed modest growth of 0.61% and 0.81%, respectively.
Over the last five years, the compounded annual growth rate (CAGR) indicates steady expansion in the European pet food market, driven particularly by burgeoning demand in countries like Estonia, which saw an 8% hike, and Croatia with a 6.07% increase during 2023.
The future trends to watch include the increased demand for premium and organic pet foods as pet owners become more health-conscious, the rising pet adoption rates across Europe, and the potential impact of economic fluctuations on consumer spending in this category.
Top countries in Prepared Pet Foods Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.93 | 2023 | +5.4% | +5.83% | View data |
| 2 | 2 United Kingdom | 20.82 | 2023 | +0.51% | +2.14% | View data |
| 3 | 3 France | 20.18 | 2023 | +2.74% | +4.38% | View data |
| 4 | 4 Italy | 10.46 | 2023 | +2.52% | +0.61% | View data |
| 5 | 5 Spain | 9.32 | 2023 | +4.83% | +7.22% | View data |
| 6 | 6 Poland | 4.98 | 2023 | +2.99% | +3.91% | View data |
| 7 | 7 Portugal | 2.18 | 2023 | +3.43% | +3.5% | View data |
| 8 | 8 Hungary | 1.62 | 2023 | +2.74% | +2.86% | View data |
| 9 | 9 Greece | 1.58 | 2023 | -0.14% | +5.23% | View data |
| 10 | 10 Finland | 1.23 | 2023 | +5.49% | +2.03% | View data |
