Spain Veterinary Services Market Size & Outlook, 2023-2030
Spain veterinary services market, 2018-2030 (US$M)
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Spain veterinary services market highlights
- The Spain veterinary services market generated a revenue of USD 2,940.4 million in 2023 and is expected to reach USD 4,915.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, production animals was the largest revenue generating animal type in 2023.
- Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary services market data book summary
| Market revenue in 2023 | USD 2,940.4 million |
| Market revenue in 2030 | USD 4,915.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Production animals |
| Fastest growing segment | Companion Animals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Production Animals |
| Key market players worldwide | CVS Group PLC, National Veterinary Associates, Pets at Home Group PLC, Greencross Vets, Fetch Pet Care, IVC Evidensia, PetSmart, Airpets International |
Other key industry trends
- In terms of revenue, Spain accounted for 2.3% of the global veterinary services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary services market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 1,486.1 million by 2030.
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Veterinary Services Market Scope
Veterinary Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain veterinary services 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 veterinary services market will help companies and investors design strategic landscapes.
Production animals was the largest segment with a revenue share of 58.39% in 2023. Horizon Databook has segmented the Spain veterinary services market based on companion animals, production animals covering the revenue growth of each sub-segment from 2018 to 2030.
A significant rise in the number of pet owners in the country is fueling the growth of veterinary services market. The number of pet owners in the country has been constantly increasing. Spain has more pets than children aged under 15. According to Spanish Network for the Identification of Pets, there were 13 million registered pets in the country in 2018. Out of 13 million, 93% were dogs, 6% cats, and the rest were mostly rabbits.
According to Madrid Association of Small Animal Vets, dogs are the number one pet, and they are the most expensive to keep, costing an average of EUR 814 per person annually. In 2019, the country produced 1.7 million tons of poultry meat, accounting for an increase of 6% from 2018. Consumer demands and trends have led to a gradual expansion in its production in the country.
About 80% of the country’s total poultry meat is chicken meat. Thus, growing demand and a consumer shift toward the consumption of poultry meat are contributing to market growth.
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Our clientele includes a mix of veterinary services market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Spain veterinary services market , including forecasts for subscribers. This country databook contains high-level insights into Spain veterinary services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain veterinary services market size, by animal type, 2018-2030 (US$M)
Spain Veterinary Services Market Outlook Share, 2023 & 2030 (US$M)
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