In 2023, the import volume of dog or cat food to Denmark stood at 81.012 million kilograms. Forecasts for the years 2024 to 2028 show a gradual decline, with projected figures of 80.711 million kilograms in 2024, decreasing annually to 79.479 million kilograms by 2028. This translates to a year-on-year decrease of approximately -0.39% to -0.43%, with an overall Compound Annual Growth Rate (CAGR) of around -0.38% over the five-year period.
Future trends to watch for include:
- Potential shifts in pet ownership demographics, which could impact demand.
- Changes in consumer preferences towards sustainable and premium pet food products.
- Regulatory developments affecting import tariffs and trade agreements.