Spain Companion Animal Health Market Size & Outlook

The companion animal health market in Spain is expected to reach a projected revenue of US$ 967.4 million by 2030. A compound annual growth rate of 8.7% is expected of Spain companion animal health market from 2023 to 2030.
Revenue, 2022 (US$M)
$495.9
Forecast, 2030 (US$M)
$967.4
CAGR, 2023 - 2030
8.7%
Report Coverage
Spain

Spain companion animal health market, 2018-2030 (US$M)

Spain

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Spain companion animal health market highlights

  • The Spain companion animal health market generated a revenue of USD 495.9 million in 2022 and is expected to reach USD 967.4 million by 2030.
  • The Spain market is expected to grow at a CAGR of 8.7% from 2023 to 2030.
  • In terms of segment, dogs was the largest revenue generating animal type in 2022.
  • Equine is the most lucrative animal type segment registering the fastest growth during the forecast period.


Companion animal health market data book summary

Market revenue in 2022USD 495.9 million
Market revenue in 2030USD 967.4 million
Growth rate8.7% (CAGR from 2022 to 2030)
Largest segmentDogs
Fastest growing segmentEquine
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDogs, Equine, Cats, Other Animal type
Key market players worldwideMerck & Co Inc, CEVA Inc, Vetoquinol SA, Zoetis, Boehringer Ingelheim, IDEXX Laboratories Inc, Elanco Animal Health Inc, Indian Immunologicals, Virbac SA, Norbrook


Other key industry trends

  • In terms of revenue, Spain accounted for 2.3% of the global companion animal health market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK companion animal health market is projected to lead the regional market in terms of revenue in 2030.
  • Poland is the fastest growing regional market in Europe and is projected to reach USD 595.7 million by 2030.

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Companion Animal Health Market Companies

Name Profile # Employees HQ Website

Spain companion animal health market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to companion animal health market will help companies and investors design strategic landscapes.


Dogs was the largest segment with a revenue share of 38.9% in 2022. Horizon Databook has segmented the Spain companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.


The companion animal health market in Spain is projected to exhibit a steady growth rate during the forecast period.

This can be attributed to strategic partnerships among key players and hospitals & other healthcare providers.

Extensive animal product marketing & distribution approvals in the country are further anticipated to broaden the scope for growth in the market.

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Target buyers of Spain companion animal health market databook

  • Our clientele includes a mix of companion animal health market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain companion animal health market , including forecasts for subscribers. This country databook contains high-level insights into Spain companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain companion animal health market size, by animal type, 2018-2030 (US$M)

Spain Companion Animal Health Market Outlook Share, 2022 & 2030 (US$M)

Spain companion animal health market size, by animal type, 2018-2030 (US$M)

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