Europe Pet Food Market Size & Outlook, 2022-2030
Europe pet food market, 2018-2030 (US$M)
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Europe pet food market highlights
- The Europe pet food market generated a revenue of USD 25,549.8 million in 2022.
- The market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 25,549.8 million |
| Market revenue in 2030 | USD 35,478.0 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | |
| Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.8% of the global pet food market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 28,240.9 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe pet food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food market will help companies and investors design strategic landscapes.
According to the European Pet Food Industry Federation (FEDIAF), Europe is one of the largest markets for the pet food industry, accounting for approximately 30% of the total pet care and pet food sales across the globe.
Pet care sales in Eastern Europe are dominated by cat food (4% growth) compared to Western Europe, which is divided between pet products, cat food, and dog food (2% growth). Key factors that can be attributed to market growth include an increase in the demand for premium products, mainly organic, raw, and natural products, depending on the choice of owners.
According to FEDIAF, around 85 million households in Europe own a pet. The region witnessed an annual turnover of USD 24.86 billion for pet food products, with a growth rate of 2.6%. 26% of European households own at least own a cat and 25 % of them at least own a dog.
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Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pet food market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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