New Market Report: Pet Products in Hungary

From: Fast Market Research, Inc.
Published: Mon Feb 02 2015

General domestic trends among the Hungarian cat and dog population are expected to create a favourable environment for the pet products category. The pet population is slowly but steadily increasing, with a greater number of small dogs and cats now being owned by Hungarians. Due to the spread in urban lifestyles, the care of these pets is becoming more sophisticated, leading to increasing demand for prepared care products.

Competitive Landscape

The pet products category in Hungary is still highly fragmented with many players present. Well-known and rapidly expanding pet superstores, such as Fressnapf and AquaZoo, will drive sales of other pet products further in the coming years, with more being presented in players’ product assortment. Customers of these pet superstore chains will become more aware of the other pet food category when they regularly buy pet food.

Industry Prospects

The pet products category is expected to grow by a CAGR of 3% in value terms at constant 2014 prices over the forecast period to reach HUF13.5 billion in 2019. The pet products category is likely to see a similar growth pace as the pet food category in the coming years. The category’s main drivers will be the cat litter and pet healthcare categories, expected to grow by CAGRs of 5% and 3% at constant 2014 prices, respectively. As the pet population is set to gain only slight growth or stagnate in the coming years, the positive category growth will come from the rising consciousness of pet ownership, focusing more on the health and wellness of the pets.

Full Report Details at

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Pet Products industry in Hungary with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Pet Products industry in Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.

The Pet Products in Hungary market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Pet Products in Hungary?
* What are the major brands in Hungary?
* What are the key product launches?
* How have worming and flea product fared against other products within pet healthcare?

About Fast Market Research

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You may also be interested in these related reports:

- Pet Products in Canada
- Pet Products in Turkey
- Pet Products in Belgium
- Pet Products in Israel
- Pet Products in Slovakia
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