Pet Food Market in Europe Reached $26 Billion in 2020

Pet Food Market in Europe Reached $26 Billion in 2020
Image by Adriana Morales from Pixabay

European Pet Food Federation released a report stating that the European pet food market had reached $26 billion, or €21.8 billion, by the end of 2020. During 2020, the pet food market grew by 2.8%

Annually, around 8.5 billion metric tons of pet food are produced in Europe. In 2020, these 8.5 billion tons had a turnover of $26 billion.

The other pet-related services and products reached $25.3 billion, or €21.2 billion, in sales that year.

The growth was mainly due to the pandemic and lockdown, but not only because of it. As statistics show, 21% of pet owners spent more on their pets during the pandemic.

Besides the pandemic, another significant factor is the increase in the number of pets. As of 2020 data, approximately 88 million homes in the European Union own a pet. This is 38% of all households. 

This is a lot less than 67% of all households in America that own a pet, but the number is still increasing.

Moreover, the numbers of animals are not negligible. 

The European Union has 81 million cats, 71 million dogs, and 1 billion other pets. If we count all European pets, the numbers get even more significant. The 2020 statistics show that 110 million cats and 90 million dogs live across Europe. 

Because the European pet food market is one of the largest in the world, the production follows. To feed millions of European pets, 150 companies with 200 plants produce pet food. These companies employ 100,000 workers directly and 900,000 indirectly.

It should be noted that not all of these companies are European, and famous American companies, such as Mars, also produce pet food in Europe.

So, it is no wonder that these numbers were reached. They are expected to keep growing together with the number of pets.

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