Pet Food - Angola | Statista Market Forecast

Revenue in the Pet Food market amounts to US$49.53m in 2024. The market is expected to grow annually by 4.06% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$60bn in 2024).
In relation to total population figures, per person revenues of US$1.31 are generated in 2024.
In the Pet Food market, volume is expected to amount to 37.84m kg by 2029. The Pet Food market is expected to show a volume growth of 1.9% in 2025.0.
The average volume per person in the Pet Food market is expected to amount to 0.9kg in 2024.

Definition:

The Pet Food market covers food that has been specifically created to meet the nutritional requirements of domesticated animals, including dogs, cats, as well as feed products for other less common house pets such as rodents and reptiles. Various components that supply vital nutrients for the animal’s health and wellness are often included in pet food.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Dog food
Cat food
Food for other house pets (rodents, reptiles, birds etc)

Feeds for farm animals
Pet supplement
Out-of-home consumption

The Pet Food market in Angola has seen slow growth due to factors like limited disposable income and lack of awareness about the benefits of pet food. Despite the negligible growth rate, the market holds potential for growth with increasing urbanization and rising pet ownership in the country.

Customer preferences: As pet ownership continues to rise in Angola, there has been a noticeable increase in demand for premium and organic pet food products. This trend is driven by a growing awareness of the importance of pet nutrition and the desire to provide pets with high-quality, natural ingredients. Additionally, there has been a shift towards human-like food options for pets, such as grain-free, vegan, and gluten-free options, reflecting a growing interest in health and wellness among pet owners.

Trends in the market: In Angola, the Pet Food Market is experiencing a shift towards premium and natural pet food products, as consumers become more health-conscious and seek out higher quality options for their pets. This trend is expected to continue as the country's economy grows and pet ownership rates increase. This presents opportunities for industry stakeholders to tap into this emerging market and cater to the evolving preferences of pet owners. Additionally, with the rise of e-commerce and online shopping, there is potential for the pet food market in Angola to expand through digital channels.

Local special circumstances: In Angola, the Pet Food Market is heavily influenced by the country's growing urbanization and rising middle class. With an increasing number of pet owners, there is a growing demand for premium and specialized pet food products. Additionally, strict regulations on pet food imports have led to the development of a local manufacturing industry. The market is also heavily influenced by cultural preferences, as pet owners in Angola tend to prioritize natural and organic ingredients in their pet's diet.

Underlying macroeconomic factors: The Pet Food Market within The Food market is heavily impacted by macroeconomic factors such as consumer spending, disposable income, and overall economic stability. As the global economy continues to grow, consumers have more disposable income to spend on pet food, leading to increased demand for high-quality and premium products. Additionally, favorable fiscal policies and government support for the pet industry can further drive market growth. However, economic downturns and currency fluctuations can negatively impact the market, as consumers may cut back on non-essential expenses such as pet food. Furthermore, as the middle class continues to expand in countries like Angola, there is a growing trend of pet ownership, which is expected to further boost the demand for pet food.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.