Pet Food - Ireland

Ireland

Revenue in the Pet Food market amounts to US$306.70m in 2024. The market is expected to grow annually by 2.17% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$59,740m in 2024).
In relation to total population figures, per person revenues of US$58.37 are generated in 2024.
In the Pet Food market, volume is expected to amount to 146.80m kg by 2029. The Pet Food market is expected to show a volume growth of 0.4% in 2025.
The average volume per person in the Pet Food market is expected to amount to 27.4kg in 2024.

Key regions: Russia, Spain, Philippines, United Kingdom, India

Market

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Analyst Opinion

The Pet Food Market in Ireland has seen minimal growth due to factors such as limited consumer awareness and lack of innovation in the market. This has resulted in a stagnant growth rate, despite the increasing demand for pet food products.

Customer preferences: As consumers in Ireland become more health-conscious, there has been a growing demand for natural and organic pet food products. This trend is driven by a cultural emphasis on sustainability and responsible consumption, as well as a rising awareness of the impact of diet on pet health. Additionally, with a growing number of pet owners adopting a vegan or vegetarian lifestyle, there has been a rise in the availability of plant-based pet food options.

Trends in the market: In Ireland, pet owners are increasingly seeking out premium and natural pet food options, with a focus on ingredients and nutritional value. This trend is driven by a growing awareness of the health benefits of high-quality pet food and the humanization of pets. As a result, there has been a rise in niche pet food brands and specialty stores catering to this demand. This trend is expected to continue, with an increasing number of pet owners willing to pay a premium for healthier options for their furry companions. It also presents an opportunity for pet food manufacturers to differentiate themselves and tap into this growing market.

Local special circumstances: In Ireland, the Pet Food Market is influenced by the country's strong agricultural sector and the high level of pet ownership among its population. The local farming industry provides a steady supply of quality ingredients for pet food production, while the high number of pet owners drives demand for premium and specialized pet food products. Additionally, strict regulations and labeling laws for pet food in Ireland ensure the safety and quality of products, providing a competitive advantage for domestic brands.

Underlying macroeconomic factors: The Pet Food Market within The Food market in Ireland is heavily impacted by macroeconomic factors such as consumer spending habits, economic stability, and government regulations. With the country's strong economic health and favorable investment climate, the pet food market is expected to experience steady growth. Furthermore, the rising trend of pet ownership and increasing awareness about pet health and nutrition are also driving the demand for premium pet food products in the Irish market. Additionally, the growing demand for natural and organic pet food options is also influenced by global consumer trends towards healthier and sustainable food choices.

Methodology

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.