FRANCE PET FOOD MARKET 2022-2026
MARKET OUTLOOK
As per Triton Market Research’s estimates, the pet food market in France is expected to showcase an upward trend, advancing in value and volume at a compound annual growth rate of 2.21% and 0.50%, respectively, over the projected phase 2022-2026.
Several pet owners are focusing heavily on the health and wellness of their pets, leading to a surge in premium and sustainable products. This has encouraged manufacturers to renew their product lines, increasing the manufacturing of premium organic products, including gluten-free and vegan options. Recently, in response to the growing demand, French animal nutrition specialist Nor-Feed opened a production facility in western France. Here, the facility produces pet food from plant extracts, which has surged the demand for pet food products.
In addition, the country has witnessed a rise in all-natural food product launches in recent years, accounting for 9% of new product launches in 2020. Therefore, the surged demand for healthier and sustainable food products widens the scope and growth of the pet food market across France to a large extent.
COMPETITIVE OUTLOOK
Affinity PetCare SA, Mars Incorporated, and Nestle Purina Petcare are some of the major firms in the pet food market.
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