Between 2013 and 2023, Portugal's prepared pet foods market saw a steady increase in consumption from 22.67 to 39.65 kilograms per capita. The year-on-year growth rate over the last two years was approximately 4.16% in 2022 and 3.96% in 2023. From 2019 to 2023, the compound annual growth rate (CAGR) averaged at 5.03%, highlighting a consistent upward trend.
For future trends, potential areas of growth include premium pet food segments driven by increased pet ownership and a focus on pet health and wellness. Additionally, sustainability in packaging and ingredients might drive innovation and market shifts.
How does Portugal rank in Prepared Pet Foods Market Size Volume Per Capita?
| # | 20 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 39.65 | 2023 | |||
| 2 | 2 Hungary | 38.21 | 2023 | View data | ||
| 3 | 3 Belgium | 30.24 | 2023 | View data | ||
| 4 | 4 Austria | 28.43 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.33 | 2023 | View data | ||
