Pet Food - Zambia

Zambia

Revenue in the Pet Food market amounts to US$27.17m in 2024. The market is expected to grow annually by 7.07% (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$1.27 are generated in 2024.
In the Pet Food market, volume is expected to amount to 24.02m kg by 2029. The Pet Food market is expected to show a volume growth of 4.4% in 2025.
The average volume per person in the Pet Food market is expected to amount to 0.9kg in 2024.

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

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Analyst Opinion

The Pet Food Market in Zambia has seen minimal growth due to various factors like low consumer awareness, limited online services, and low adoption rate of digital technologies.

Customer preferences: Consumers in Zambia are becoming more health-conscious and are seeking pet food options that prioritize natural and organic ingredients. This trend is driven by a growing awareness of the link between nutrition and pet health, as well as a desire to provide their pets with the best possible care. Additionally, there is a shift towards premium and specialized pet food products, such as grain-free or raw diets, as owners seek to mimic their own dietary preferences for their pets. This trend is expected to continue as the pet food market in Zambia becomes more competitive and diverse.

Trends in the market: In Zambia, the Pet Food Market is experiencing a shift towards more natural and organic pet food products. This trend is being driven by increasing awareness among pet owners about the benefits of a healthier diet for their pets. Additionally, there is a growing demand for premium and specialized pet food products, such as grain-free or hypoallergenic options. This trend is expected to continue, with pet owners becoming more conscious about the ingredients and quality of their pet's food. This could have significant implications for industry stakeholders, as they may need to adapt their product offerings and marketing strategies to cater to this evolving demand.

Local special circumstances: In Zambia, the Pet Food Market is heavily influenced by the country's agricultural sector, with a significant portion of the population engaged in farming and livestock rearing. This results in a strong demand for high-quality pet food products that cater to the dietary needs of local animals. Additionally, the cultural importance of pets in Zambian society drives the market, as many view their pets as integral members of their families. This unique cultural perspective on pet ownership creates a strong demand for premium and specialized pet food products.

Underlying macroeconomic factors: The Pet Food Market within The Food market in Zambia is also significantly impacted by macroeconomic factors such as overall economic growth, government policies, and consumer spending power. With a growing economy and increasing disposable income, consumers are more likely to spend on premium pet food products, driving market growth. However, factors such as inflation and fluctuating exchange rates can affect the affordability and accessibility of pet food, potentially hindering market growth. Moreover, trends towards sustainable and natural pet food products are gaining traction, driven by global environmental concerns and health consciousness, which may also impact market dynamics.

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.