POLAND PET FOOD MARKET 2022-2026
MARKET OUTLOOK
The Poland pet food market is expected to develop with a CAGR of 4.49% by value over the projected period 2022-2026. It is also expected to rise with a CAGR of 5.22% by volume during this period.
The number of dogs, cats, and other pets has risen substantially in the past few decades, as a result of the increasing disposable income, particularly among the middle-class population, rapid rate of urbanization, and a rise in nuclear families. This has strengthened the pet food market in the country.
Furthermore, premium pet food is also witnessing high demand throughout the country. This can be attributed to the growing trend of pet humanization, which is encouraging owners to spend more on pet supplies and accessories. This growing trend of pet humanization is propelling the Polish pet food industry forward.
Pet foods are subject to municipal, federal, and state rules and regulations. Some nations have very stringent regulations pertaining to pet food and products. Manufacturers that do not comply with state legislation may receive a fine, a warning, or be required to stop marketing their product over there until they do. Such stringent regulations pose a challenge to the market growth.
COMPETITIVE OUTLOOK
The eminent players in the pet food market are Nestle Purina Petcare, Mars Incorporated, Lidl Dienstleistung GmbH & Co KG, Jeronimo Martins SGPS SA, and Auchan.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook