The sold production of dog or cat food in Spain showed significant volatility from 2013 to 2023. In 2023, the volume stood at 1225.2 million kilograms. Between 2013 to 2023, growth experienced several shifts including a peak growth of 12.31% in 2017 and negative growth of -7.94% in 2018. Recent trends showed a steady increase, with a rise of 2.34% in 2023. The last five years’ CAGR was 3.79% indicating moderate growth stability.
Forecasts from 2024 to 2028 predict a slower rate of increase with a five-year CAGR of 1.67%, equating to an overall growth of 8.65%. The volume is anticipated to reach 1361.4 million kilograms by 2028.
Future trends to watch for:
• Emerging consumer preferences for specialty pet foods
• Innovation in pet food formulations
• Increased emphasis on sustainable and eco-friendly product options
