The sold production of dog and cat food in Norway was valued at 64.47 million euros in 2023. The forecasted values show an increasing trend from 67.98 million euros in 2024 to 78.255 million euros in 2028. Year-on-year, the variation shows a consistent growth: 3.83% in 2024-2025, 3.65% in 2025-2026, 3.49% in 2026-2027, and 3.36% in 2027-2028. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) stands at 3.58%, demonstrating a steady increase in production value.
Future trends to watch for include potential shifts in consumer preferences towards premium or specialized pet food, advancements in pet food technology, and increased demand driven by rising pet ownership rates. Monitoring these factors will be key to understanding the market's trajectory in the upcoming years.
