France Pet Food Market Size, Share, and COVID-19 Impact Analysis, By Product (Dry Food, Snacks and Treats, and Wet Food), By Type (Dog Food, Cat Food, and Others), and France Pet Food Market Insights, Industry Trend, Forecasts to 2033.
Industry: Consumer GoodsFrance Pet Food Market Insights Forecasts to 2033
- The France Pet Food Market Size was valued at USD 5.76 Billion in 2023.
- The Market Size is Growing at a CAGR of 5.4% from 2023 to 2033
- The France Pet Food Market Size is Expected to Reach USD 9.75 Billion by 2033
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The France Pet Food Market Size is Anticipated to Reach USD 9.75 Billion by 2033, growing at a CAGR of 5.4% from 2023 to 2033.
Market Overview
Pet food is a specialized food for domesticated animals that is tailored to their nutritional requirements. Pet food typically contains meat, meat byproducts, cereals, grains, vitamins, and minerals. Pet food's primary ingredients include meat, poultry, and seafood byproducts, feed grains, and soybean meal. Animals used in rendering include livestock, horses, and house pets that have been euthanized. France, a developed country with an aging population, is turning to cats and dogs for companionship, while young people who are mostly single or childless see pets as a better alternative. Almost half of France households own pets such as cats, dogs, birds, fish, rabbits, and others. Pet owners are increasingly concerned about their pets' food because some pet foods can cause health allergies and impair their pets' overall well-being or level of fitness. In France, pets are increasingly regarded as family members, and pet owners are gradually purchasing premium pet foods that are specifically tailored to their pet's breed and age. As a result, France pet owners spend more on their pets' functional foods and supplements.
Report Coverage
This research report categorizes the market for the France pet food market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France pet food market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France pet food market.
France Pet Food Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 5.76 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 5.4% |
2033 Value Projection: | USD 9.75 Billion |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 222 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Type |
Companies covered:: | Mars Incorporated, Affinity Petcare SA, Colgate-Palmolive Company (Hill’s Pet Nutrition Inc.), Nestle (Purina), Virbac, Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, and Analysis |
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Driving Factors
The France market has seen a significant shift in pet ownership culture in recent years. One of the most significant cultural shifts is the increased humanization of pets. Pet humanization occurs when the owner considers his or her companion or pet to be human. As a result, pet humanization has increased demand for premium pet products, as people are willing to spend more money on healthy and high-quality food for their pets. Pet humanization is on the rise as millennials own more pets. Additionally, the growing population of pet owners is significantly driving the pet food industry. People view their pets as family members and companions, which increases demand for pet food. Additionally, pet owners are becoming more aware of the importance of proper nutrition for their animals' overall health and well-being. Pet food items that meet specific dietary needs, promote weight loss, or address health concerns such as allergies or joint health are in high demand.
Restraining Factors
The growing number of pet allergies among owners is a major concern that is impeding the growth of the French pet food market.
Market Segmentation
The France pet food market share is classified into product and type
- The dry food segment is expected to hold the largest market share through the forecast period.
The France pet food market is segmented by product into dry food, snacks and treats, and wet food. Among these, dry food segment is expected to hold the largest market share through the forecast period. The dry segment is very popular among owners in France because of factors such as ease of transport and storage, and a longer shelf life.
- The dog food segment is expected to dominate the France pet food market during the forecast period.
Based on the type, the France pet food market is divided into dog food, cat food, and others. Among these, the dog food segment is expected to dominate the France pet food market during the forecast period. Dog ownership is on the rise in France, and dogs are the most popular pet among owners. Dogs have been shown to provide emotional benefits, reduce stress and depression, and promote exercise, Owners are now cautious not to compromise on dog snacks, resulting in an increasing demand for dog food in France.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France pet food market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Mars Incorporated
- Affinity Petcare SA
- Colgate-Palmolive Company (Hill's Pet Nutrition Inc.)
- Nestle (Purina)
- Virbac
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2023, Mars Incorporated introduced new Pedigree Multivitamins, a trio of soft chews designed to support pets' immunity, digestion, and joints. It was created with the Waltham Petcare Science Institute team, veterinarians, and pet nutritionists.
Market Segment
This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France pet food market based on the below-mentioned segments:
France Pet Food Market, By Product
- Dry Food
- Snacks and Treats
- Wet Food
France Pet Food Market, By Type
- Dogs Food
- Cat Food
- Others
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