Netherlands Pet Food Market Forecast 2022-2028

Netherlands Pet Food Market Forecast 2022-2028

KEY FINDINGS

The Netherlands pet food market is expected to project a CAGR of 1.08% in terms of volume and 3.39% in terms of revenue during the forecast period, 2022-2028. The growing demand for premium and organic pet food and the increasing consumer expenditure on pets majorly drive the market growth.

MARKET INSIGHTS

Pet care is a thriving market in the Netherlands. As per evaluations, the pet food expenditure in the country reached $114.60 million in 2021, an increase of $50 million from mid-2020. The consumer expenditure on pet foods and products was up by 5%. Also, given the restrictions imposed during the pandemic, the work-from-home trend was on the surge. This led to increased care and attention towards pets and their health. As a result, the pet care expenditure in terms of health and food was on the rise.

Additionally, pet humanization has hugely influenced pet food premiumization. Consumers are inclined to invest in pet products and foods that can enhance their pets’ overall well-being. Besides, established market players dominate the Netherlands market. At the same time, new entrants offering herbal ingredients have an edge in the competitive rivalry. Such market prospects contribute to the Netherlands market growth.

COMPETITIVE INSIGHTS

Hill’s Pet Nutrition Inc, Nestle Purina PetCare Ltd, Yarrah Organic Pet Food BV, Mars Petcare Ltd, Royal Canin, etc., are among the leading market players.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments