In France, the pet market is a growing sector. More and more French people are adopting pets and investing in their well-being and health. In this article, we present a detailed overview of the turnover of the best companies in the animal sector in France in 2023. We will also discuss the main trends and key figures of this booming market.
Key figures for the animal market in France in 2023
The pet sector in France has experienced constant growth for several years. This trend continued in 2023, with overall revenue exceeding 10 billion euros. The pet market is dominated by dogs and cats, which represent 50% and 41% of the market, respectively.
The animal feed market is also on the rise, with a turnover of 3.5 billion euros in 2023. Animal health, for its part, represents a market of 1.5 billion euroswith growth supported by the prevention and treatment of diseases in companion animals.
French companies in the pet sector are doing well, with an average growth rate of 5% in 2023. The market is also supported by a high export rate, particularly to European and Asian countries.
The best companies in the animal sector in France in 2023
Among French companies in the pet sector, some will stand out in 2023 for their turnover and dynamism. Here are the four main companies in the market, which have taken advantage of the growth of the sector to develop and position themselves as leaders.
Royal Canin
Royal Canin is a company specializing in the manufacturing and marketing of food for dogs and cats. Founded in 1968, the company quickly established itself as a reference in the field of animal nutrition. In 2023, Royal Canin will post a turnover of 1.2 billion euros, up 6% from the previous year. The company is also present internationally, with subsidiaries in more than 90 countries.
Virbac
Virbac is a French company specializing in animal health. Founded in 1968, it develops, manufactures and markets veterinary products for pets and farm animals. In 2023, Virbac will record a turnover of 950 million euros, growing by 4.5% over one year. The company is also present in more than 100 countries around the world.
Sophyy
Sophyy is a French company specializing in the online sale of pet products and accessories. Founded in 2010, the company is experiencing rapid growth and in 2023 will have a turnover of 1.3 millions of euros. Sophyy offers a wide range of products, from food to accessories to over-the-counter medications. The company's success is based on a diversified offering and competitive prices.
Medivet
Medivet is a French company specializing in the design, manufacturing and distribution of veterinary medical equipment. The company, created in 1999, is recognized in 2023 as a key player in the animal health sector, with a turnover of 40 million euros. Medivet notably supplies diagnostic, anesthesia and surgical equipment to French and foreign veterinarians.
Trends in the pet market in France in 2023
The pet sector in France is evolving rapidly, with new trends emerging every year. In 2023, we are notably seeing strong growth in the luxury pet market, with high-end products designed to meet the demands of pet owners. Connected accessories for animals, allowing them to monitor their health and activity, are also booming. Finally, the growing concern of the French for animal welfare is reflected in an increased demand for organic and ethical products for pets.
Conclusion
In 2023, the pet sector in France is growing, with a global turnover exceeding 10 billion euros. French companies in the sector are doing well, with increasing turnover and an international presence. Market trends highlight the move upmarket of products and services for animals, as well as the importance given to animal welfare. The pet market in France is expected to continue to grow in the years to come, driven by the passion of the French for their four-legged companions.
FAQs
What is the estimated turnover of the best companies in the animal sector in France in 2023?
According to current forecasts, the estimated turnover of the best companies in the animal sector in France in 2023 is expected to reach 6 billion euros.
What is the share of veterinary products in total turnover?
Veterinary products represent approximately 40% of the total turnover of these companies.
What are the most sold products by these companies?
The most popular products sold by these companies are pet food, veterinary products, accessories and services.
What type of services do they offer?
These companies mainly offer services such as feeding, welcoming, grooming and animal health.
What are the trends that will influence the turnover of the best companies in the animal sector in France in 2023?
The trends that will influence the turnover of the best pet companies in France in 2023 are the rise of e-commerce, the increase in demand for more natural food and the growing interest in pet technology.
