FEDIAF data confirms the strength of pet ownership in Europe
With the number of pet-owning households reaching 85 million and the turnover of pet food products at €21 billion, Europeans remain committed to their pets.
Key European Data:
- 85 million households own a pet (38% of all households)
- Annual turnover of pet food products €21 billion
- Annual sales of pet food products 8.5 billion tonnes
- Annual Growth rate of the Pet Food industry 2.6%
- Pet related services and products valued at €19.7 billion
Thomas Meyer, FEDIAF Secretary General, explains: “We are delighted – although not surprised – to read this positive pet data. Pets are wonderful companions and enhance our lives in so many ways. In addition to offering unconditional love and companionship, science has proven the numerous ways pets are good for our health.”
“During recent months, we have faced unprecedented challenges to our physical and mental health. Through these tough times, 85 million European households / 195.5m peoplei will have been grateful for the love their pets provided.”
Looking at these figures in more detail, Joeri Van den Bergh of InSites Consulting comments: “The term ‘pet’ has frequently been replaced by ‘companion’ over recent years, with their value recognized throughout the world. Moreover, it is clear that owners have no intention of cutting back spending on their companions. I was interested to read that in addition to a massive €21 billion turnover for pet food, €8.7 billion is spent on accessories and €11 billion on services. Our latest research at InSites shows that we care for them as members of the family.”