Spain Pet Food Market Size & Outlook, 2022-2030
Spain pet food market, 2018-2030 (US$M)
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Spain pet food market highlights
- The Spain pet food market generated a revenue of USD 1,619.1 million in 2022 and is expected to reach USD 2,466.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
Pet food market data book summary
| 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 |
Other key industry trends
- In terms of revenue, Spain accounted for 1.6% of the global pet food market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK pet food market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,466.2 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain pet food 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 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.
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Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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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Spain Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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