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Pferd Wels

Pferd Wels

Wels, Austria
9 May 2024 - 12 May 2024
Austria is among the European pet industry’s most central segments. This is due to the country being among the states with a high concentration of pets. For instance, at least 15% of households in Austria own dogs. This results in the country featuring more than 3 875 000 pets. These comprise diverse species such as cats, dogs, aquaria, ornamental birds, small mammals and reptiles. Additionally, the country is among the states with time-honoured links to the equestrian sector. This is due to Austria being the frequent hosting site for diverse equestrian sport and hunting events. As a result, the country’s pet and animal industry sector is among the global pet industry’s leading segments. For example, its pet food section has reached up to 543 000 000 EUR in recent years. It is also projected to reach approximately 600 000 000 EUR in the upcoming years. Furthermore, the sector is expected to reach 821 050 000 USD in the forthcoming years, increasing at a CAGR of more than 1% during the forecasted period. The sector is of such high value to several contributors. Such include, as mentioned, the high concentration of pets in the country. It is also due to the segment often implementing innovations to be up-to-date on the latest challenges and trends. Such include humanisation and sustainability. Generally, such novel solutions are presented during annual trade expositions hosted in diverse cities such as Wels. Such events attract tens of thousands of participants.