According to a report by petfoodindustry, annual sales of pet food products in Europe reached EUR 29.2 billion in 2022, with a reported volume of 9.9 million metric tons, down from 10.5 million metric tons the previous year. The annual growth rate in volume decreased to 2% from 3.5%, while the estimated annual growth rate of the pet food industry over the past three years increased to 9% from 5.1%. FEDIAF, which has adjusted its data collection timeframe, advises against year-to-year comparisons. The number of pet food companies in Europe increased to 375 from 150, with production plants rising to 480 from 200. In 2022, the pet food industry directly employed 283,000 people and indirectly employed 2,300,000. The European pet food market, driven by trends in humanization, premiumization, and sustainability, is well-established and often sets global trends.

Build EurAsian partnerships ❤️ on people and then on businesses. 💵

Advertisement