Key Market Indicators
**Spanish Pet Food Sales Projected to Surge by 2028** Spain's pet food market is on a steady ascent, with sales forecasted to hit €1.6 billion by 2028, up from €1.34 billion in 2023. This marks an annual growth rate of 2.8%. Over the past decade, the Spanish market has seen a consistent increase, averaging a 3.7% annual growth since 2013. In the European market, Spain ranked fourth in 2023, trailing behind the United Kingdom, which also recorded sales of €1.34 billion. France and the United Kingdom secured the second and third spots, respectively. **Spanish Pet Food Imports and Exports on the Rise** Spain's pet food imports are expected to reach approximately 209 million kilograms by 2028, an increase from around 195 million kilograms in 2023. This represents an annual growth rate of 1.1%. Spanish demand for pet food has been gradually climbing, with a 1.3% yearly increase since 1994. On the export front, Spain is anticipated to export nearly 387 million kilograms of pet food by 2028, up from about 352 million kilograms in 2023. This growth reflects a 1.5% annual increase. Since 1994, Spain's pet food supply has seen a robust average yearly rise of 2.5%. In 2023, Spain ranked eighth in pet food exports, with Hungary overtaking it with similar export figures. France, the United States, and Poland held the second, third, and fourth positions, respectively.
