Market revenue in 2022 | USD 1,619.1 million |
Market revenue in 2030 | USD 2,466.2 million |
Growth rate | 5.4% (CAGR from 2022 to 2030) |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | |
Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
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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 pet food market will help companies and investors design strategic landscapes.
Spain has an overall population of 6.7 million and 3.8 million of dogs and cats, respectively. The country has witnessed a continuous increase in the number of pet owners, resulting in high demand for pet food.
The increase in pet adoption is due to awareness concerning the therapeutic effects of pets on humans and social factors. English Setter, Labrador Retriever, Golden Retriever, French Bulldog, German Shephard, and Yorkshire Terrier are the commonly adopted pet breeds in Spain, resulting in high demand for nutritious food products.
With increasing demand for quality and nutritious pet foods companies are expanding and coming up with innovative products in pet food ranges. For instance, in May 2021, Mars a pet food company expanded its business in Spain by establishing a new plant to increase its output from 26 thousand tons to 50 thousand tons by 2024.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain pet food market , including forecasts for subscribers. This country databook contains high-level insights into Spain pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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