While prices for dog food have gone up significantly as a result of inflation, premium food sales still saw growth in current retail volume terms as many Finnish consumers prioritise maintaining a consistent, healthy diet for their pets. This is because c…
An unstable market situation featuring high inflation is resulting in unit price increases, a scenario that is forcing some Swedes to reconsider their spending habits. As a result, some pet owners are limiting their purchases of pet accessories, clothing …
Despite a larger fish population in Sweden among other pets, small mammal/reptile food is the largest in volume terms within other pet food. The other pet population has fluctuated in recent years, with only reptiles and fish showing a marginal upturn in …
As the most popular pet type in Sweden, cat ownership is now fairly mature, with growth in adoptions in 2023 starting to stagnate when compared to the jump witnessed over 2020-2021. Swedes are gradually returning to their pre-pandemic habits and lifestyle…
The notable increase in dog ownership in Sweden, triggered by the pandemic and subsequent home seclusion as local consumers looked to pets for companionship, is starting to slow. Swedes’ lifestyles are fully returning to normality, with this scenario enco…
With the recent inflationary surge brought about by the global recovery from the pandemic and Russia’s invasion of Ukraine gradually subsiding, pet products looks set to experience a slowdown in total current value sales growth in 2023. Nonetheless, it sh…
While other pet food is only expected to see total volume sales increase marginally in 2023, growth should be up from 2022. The anticipated improvement is mainly due to rising demand for small mammal food as pets like hamsters and rabbits continue to gain…
With the recent spike in inflation caused by the recovery from the pandemic and Russia’s invasion of Ukraine gradually easing, growth in cat food current value sales in 2023 is projected to be slower than that recorded in 2022. Conversely, the category lo…
Inflationary pressures fuelled by the global recovery from COVID-19 and the fallout of Russia’s invasion of Ukraine have continued to drive up unit prices in dog food in Bulgaria in 2023. While prices have increased at a much slower pace than in 2022, the…
With the ongoing shift toward pet humanisation, pet healthcare was amongst the fastest-growing categories in pet care in Thailand in 2022, and this is set to continue in 2023. As pet ownership has been transforming towards “pet parenting”, whereby pet own…
Overall pet food in Thailand continues to experience relentless growth, as the pandemic is finally over, and life has returned to normal. However, in contrast to the ongoing rise in volume sales of dog and cat food, the overall volume of other pet food wa…
Retail volume and current value sales of cat food in Thailand have risen tremendously over the past few years, including in 2022, and this is expected to continue in 2023. This is due to the constant rise in the cat population, which has been growing at a…
Global inflation and the energy crisis resulting from the war in Ukraine heavily influenced pet food prices in Thailand in 2022. While dog food volume sales were sluggish, overall current value sales experienced a sudden spike due to price increases as in…
Initial price increases as a result of inflation were visible in pet care at the end of spring 2022. Despite reduced purchasing power, Finns remain relatively consistent about their pets’ diets, especially in the case of dogs, reducing spending on food fo…
The trend of owning pets in Sweden remains strong in 2023, with cats and dogs particularly popular due to the greater interaction between consumers and these domestic animals compared to other pets. However, volume growth of pet food is gradually slowing …
Total current value sales growth for pet care in Bulgaria in 2023 is expected to be slower than in 2022. This is mainly because the spike in inflation brought about by the global recovery from COVID-19 and the fallout of Russia’s invasion of Ukraine is gr…
Global inflation and the energy crisis stemming from the war in Ukraine severely impacted pet care in Thailand in 2022, and this is set to continue in 2023. Thailand recorded the highest inflation amongst countries in Southeast Asia, with average inflatio…
Pet healthcare is forecast to see double-digit current value growth in 2023. Pet dietary supplements especially has shown huge development in the market, along with the pet humanisation trend and rising awareness of pets’ health and wellness. Big pharmace…
Pet care in South Korea is expected to see solid current value growth in 2023. In addition to an increase in the pet population driving growth, the increasing trends of premiumisation and pet humanisation are leading to a shift towards higher-quality, mor…
While overall pet food is expected to reach sales of nearly KRW1,900 billion in South Korea in 2023, other pet food only accounts for less than 2% of this total. This shows that dog and cat food still overwhelmingly dominate, and other pet food holds only…