The Prepared Pet Foods market in Spain has experienced notable fluctuations over the past decade. Starting from 775.09 million kilograms in 2012, the market saw an eventual rise to 1021.8 million kilograms by 2022. The average year-on-year variations and CAGRs reveal a mixed but optimistic trend. Between 2012 and 2017, the market generally grew steadily despite occasional declines, peaking in 2017 with a YoY increase of 6.9%. The period from 2018 to 2022 showed more stability with some volatility, but lean towards positive growth especially highlighted by a 10.5% increase in 2020, culminating in a CAGR of 0.7% by 2022. Recent trends imply a cautious yet steady increase in market volume.
Future trends to watch for include:
- Increased demand for premium and organic pet food options.
- A surge in pet ownership due to lifestyle changes post-pandemic.
- Advancements in pet nutrition and health solutions.
- Environmental sustainability influencing consumer choices in pet food.
- Growth in e-commerce and direct-to-consumer pet food sales channels.
How does Spain rank in Prepared Pet Foods Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,791,300,000 | 2023 | -0.19% | +0.73% | View data |
| 2 | 2 Germany | 1,570,000,000 | 2023 | +0.4% | +0.71% | View data |
| 3 | 3 France | 1,390,700,000 | 2023 | +0.53% | +1.64% | View data |
| 4 | 4 Italy | 1,092,500,000 | 2023 | +2.26% | +0.84% | View data |
| 5 | 5 Spain | 1,020,400,000 | 2023 | +1.78% | +2.49% | |
| 6 | 6 Poland | 680,870,000 | 2023 | +3.93% | +3.38% | View data |
| 7 | 7 Portugal | 401,250,000 | 2023 | +3.45% | +4.15% | View data |