The Dog and Cat Foods Market in Hungary experienced growth from 2013 to 2023. In 2023, the market reached a volume of 314.91 million kilograms. Key observations include notable growth spurts in 2014 and 2018, with respective year-on-year increases of 15.48% and 12.29%. The market also faced challenges, such as a volume decrease in 2016. Over the last two years, the market grew modestly with a year-on-year increase of 2.4% in 2023. The five-year CAGR indicates an underlying steady growth rate of 3.8%.
Future trends to watch for include:
- Increasing demand for premium and organic pet food options.
- Expansion of e-commerce channels impacting traditional retail distribution.
- Growing consumer awareness towards sustainable and environmentally friendly products.
How does Hungary rank in Dog and Cat Foods Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,493,700,000 | 2023 | -0.096% | +0.69% | View data |
| 2 | 2 France | 1,484,400,000 | 2023 | -0.17% | +3.17% | View data |
| 3 | 3 Germany | 1,317,800,000 | 2023 | +0.23% | +0.5% | View data |
| 4 | 4 Italy | 1,003,000,000 | 2023 | +0.23% | +0.64% | View data |
| 5 | 5 Spain | 1,002,100,000 | 2023 | +1.78% | +2.55% | View data |
| 6 | 6 Poland | 631,370,000 | 2023 | +4.9% | +4.66% | View data |
| 7 | 7 Portugal | 388,570,000 | 2023 | +3.39% | +4% | View data |
| 8 | 8 Hungary | 314,910,000 | 2023 | +2.4% | +3.8% | |
| 9 | 9 Romania | 305,630,000 | 2023 | +3.97% | +3.58% | View data |
| 10 | 10 Belgium | 289,150,000 | 2023 | +2.52% | +2.15% | View data |
