Pet Care

Pet care is set to experience a challenging year in 2023 mainly due to increases in raw material prices. In 2022, the growing trend of pet ownership slowed down with pet owners already beginning to look for new strategies to deal with the rising…

The pet care industry is set to continue growing in 2023 thanks to favourable socioeconomic developments in the country. The ageing human population and increasing awareness of the importance of mental health among humans are set to be two major…

Pet care in Norway is poised to perform reasonably well on the whole in 2023, with robust growth in overall current value sales projected and total volume sales of pet food set to increase slightly after having contracted in 2022. However, because…

Although pet care in Denmark is poised to record robust growth in total current value sales in 2023, its performance in this regard continues to be skewed by price hikes amidst the ongoing surge in inflation fuelled by the global recovery from…

The pet care industry in France has been hit hard by price rises, which started in 2022 and have continued into 2023. Manufacturers and retailers have faced mounting pressure to raise prices due to increasing costs, including raw materials,…

Despite seeing a slowdown in growth in 2022 due to sporadic yet frequent outbreaks of COVID-19 cases across nearly all parts of China, pet care in China still maintained growth in this year, as these products are seen as necessities. In 2023, pet…

Pet care in Brazil is mostly comprised of products geared towards pet nutrition. With the emergence of the pandemic and the boom in pet adoption and acquisition, the industry has experienced double-digit growth rates in recent years. However, with…

While pet care in Turkey has continued to expand at an impressive pace in 2023, overall volume and current value growth rates look set to be down substantially from 2022. This is mainly because the recent boom in pet ownership – especially dog…

The pandemic, despite its negative impact on some economic sectors in Portugal, had a positive impact on pet care. Value sales of pet food and pet products were higher in 2022 than in 2021 and this sales growth is expected to continue over the…

Navigating through a tumultuous economic landscape, Morocco experienced a robust recovery in 2021, with its GDP witnessing an impressive growth of more than 7%. However, this upward trajectory was abruptly stymied in 2022 when the economy's dipped to…

Peru has been experiencing a sustained increase in prices since 2021, which worsened in 2022 and will certainly remain high in 2023. This price increase is transversal to most consumer goods categories and services. Although Peru is a country that…

Pet care in Japan is set to grow in retail current value terms in 2023, largely driven by unit price increases, led by both inflationary pressure and the ongoing premiumisation trend. Many of the ingredients used in pet food, such as chicken and…

Despite a growth slowdown in the Belgian pet population, the pet care industry continues to benefit from an increase in food volume growth and a moderate increase especially of cats and dogs. The population slowdown has been consistent since the…

The performance of pet care in Romania in 2023 was influenced by inflation that continued to exceed two digits, putting pressure on pet owners’ disposable incomes. The rising cost of living due to the high price of utilities, food and fuel resulted…

In the wake of the COVID-19 pandemic, the pet care industry in Israel has experienced sustained growth, albeit at a more modest pace than before. One significant factor driving this expansion has been the persistence of remote work arrangements. As…

Pet care in Indonesia is enjoying positive, driven primarily by the increasing demand resulting from the humanisation of pets and a broader availability of products. The humanisation trend has led to a greater emphasis on the use of human-grade…

Pet care in Italy has changed a lot in the three years since the start of the pandemic. Italy was hit by elevated inflation and high energy prices in 2022 following Russia's invasion of Ukraine, with the effects of this continuing to be felt in 2023.…

Pet care recorded further growth in current value terms in 2023, despite an overall decline in volume. While inflation remained a key factor in boosting value sales, higher-quality, premium products with added benefits also supported growth to some…

Following the surge in demand for pet care over 2020-2021, growth rates are becoming more subdued. Australians’ lives are returning to normal with the end of pandemic-related lockdowns and this is reflected in the slower growth of the pet population.…

Hungary is seeing a significant increase in pet food production capacity, further solidifying its position as a major player in the global pet food industry. This growth was driven in part by Nestlé Purina's expansion of its production facility in…