BROWSE THROUGH OUR TRADE FAIRS IN FRANCE FOR ANIMALS & PETS INDUSTRY

France

Introduction to the French pet industry

France is a leading sector in the global pet industry because of several contributing factors. Among them is that over 60% of the state’s households have one or more pets. It has resulted in the country featuring 74 million pets in recent years. As a result, the state is a significant segment of the global pet industry.

Is the industry of high value?

The French pet industry has an overall turnover of €5.8 billion ($6.27B) . It also features various notable segments. Notably, the French pet segment features a high pet food market share. It is due to several contributors. These include the growing focus on providing protein-rich nutrition to improve the well-being of pets. As a result, the pet food market within the French Republic has reached €4.2 billion ($4.5B) in recent years. It additionally results in a projected CAGR of more than 3% in the upcoming events.

Is the industry innovative?

The sector often conducts research into diverse challenges and trends. Such include the implementation of raw ingredients such as vegetables into pet food. The segment similarly regularly implements innovations that have resulted from such studies. As a result, the pet food manufacturing segment has recently suffused €180 million ($193M) in research. It ensures that the segment will be up-to-date on the latest challenges and provide high-quality wares. The sector frequently presents its latest novel solutions during annual trade expos hosted in diverse cities. Such events attract hundreds of thousands of participants.