Market revenue in 2023 | USD 475.6 million |
Market revenue in 2030 | USD 1,004.3 million |
Growth rate | 11.3% (CAGR from 2023 to 2030) |
Largest segment | Eatables |
Fastest growing segment | Chewables |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Eatables, Chewables |
Key market players worldwide | Mars Group Holdings Corp, Nestle SA, JM Smucker Co, General Mills Inc, Colgate Palmolive, Nestle Purina Petcare, Spectrum Brands Holdings Inc, Wellness Pet Company, VAFO Group |
Eatables was the largest segment with a revenue share of 66.97% in 2023. Horizon Databook has segmented the Spain pet snacks and treats market based on eatables, chewables covering the revenue growth of each sub-segment from 2018 to 2030.
The shift in pet ownership patterns is evident, with a significant number of Spaniards adopting more than one pet, contributing to the expanding market. This change creates an opportunity for manufacturers to offer a diverse range of treats tailored to specific health needs, including dental care, joint support, and overall well-being.
In December 2023, Vueling Airlines, a Spanish airline, introduced pet snacks to its winter in-flight menu, becoming the first European carrier to cater to four-legged travelers. The Barcelona-based airline has partnered with Edgard and Cooper, a renowned Belgian pet food company recognized for its sustainable offerings crafted from natural ingredients.
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