The sold production of dog or cat food in the Netherlands stood at 612.29 million Euros in 2023. Over the last two years (2022-2023), the year-on-year variations have shown a positive trend with increases of 1.62% and 1.58% respectively. The average variation per year over the last five years (2019-2023) has been slightly negative with a CAGR of -0.41%, indicating a period of modest decline.
Looking further into the data, we observe that from 2013 to 2015 there was significant growth, peaking in 2015 with a 33.3% increase. However, from 2016 onwards, the market has been more volatile with some years seeing a decline in production value.
Future trends to watch for include the expected steady increase in production value, with a forecasted 5-year CAGR of 1.15% and overall growth rate of 5.9% from 2024 to 2028. Improved consumer spending on pets, innovation in pet food formulations, and increasing pet ownership are likely to drive these trends.
