Pet Food Market Size in Europe 2023: Growth, Top Companies, Industry Forecast 2028

How Big is The Europe Pet Food Market?

IMARC Group, a leading market research company, has recently releases report titled “Europe Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The European pet food market size is projected to exhibit a growth rate (CAGR) of 5.20% during 2023-2028.

What is Pet Food?

Pet food refers to any commercially manufactured food designed and formulated to fulfill the nutritional needs of domesticated animals, such as dogs, cats, birds, rabbits, and small rodents. It contains various nutrients and essential fatty acids, which contribute to a glossy coat and supple skin. It consists of a well-balanced formula that is developed by experienced veterinarians and nutritionists. It offers convenience and consistency in terms of portioning and nutrient content. It is available as dry kibble, canned or wet, semi-moist, and raw or frozen food, which are often added with preservatives and flavor enhancers. It is convenient, easy to store, and promotes dental health by reducing tartar buildup. It can be customized for specific life stages, such as puppy or kitten, adult, and senior, as well as for specific health needs, like weight management, allergies, and joint health. It ensures that pets receive the right balance of nutrients needed for growth, energy, and overall health. It can prevent health issues like obesity, diabetes, and joint problems. It extends the lifespans of pets and enhances their overall quality of life by providing proper nutrition. Furthermore, as it helps maintain optimal body condition, supports various bodily functions, enhances immune systems, and promotes healthy skin and fur, the demand for pet food is rising in Europe.

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What are the growth prospects and trends in the industry?

At present, the increasing demand for premium and organic pet food products due to the rising awareness among pet owners about the significance of nutrition and well-being for their animal companions represents one of the vital factors impelling the growth of the market in Europe. Besides this, the increasing number of e-commerce platforms providing consumers with greater accessibility and convenience in procuring pet food products and delivering them to the doorstep of the buyers is strengthening the growth of the market. In addition, the growing adoption of strategic marketing initiatives by pet food manufacturers is offering a favorable market outlook in Europe. Apart from this, the increasing demand for specialized diets tailored to address specific health concerns, ranging from weight management to allergies in pets, is supporting the growth of the market in Europe. Additionally, rising advancements in pet nutrition research, coupled with breakthroughs in ingredient sourcing and processing techniques for the formulation of scientifically tailored diets that cater to distinct dietary requirements of pets, are contributing to the growth of the market. Moreover, the increasing consumer preferences towards pet ownership as a means of companionship and emotional well-being, particularly in aging populations, is positively influencing the market in Europe. Furthermore, the rising demand for environmentally responsible and ethically sourced ingredients, along with recyclable packaging solutions in pet foods, is bolstering the growth of the market in Europe.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Pet Type Insights:

• Dog Food
• Cat Food
• Others

Product Type Insights:

• Dry Pet Food
• Wet and Canned Pet Food
• Snacks and Treats

Pricing Type Insights:

• Mass Products
• Premium Products

Ingredient Type Insights:

• Animal Derived
• Plant Derived

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Other

Country Insights:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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