Spain Veterinary Care Market Report and Forecast 2024-2032

Spain Veterinary Care Market Outlook

The Spain veterinary care market size is projected to grow at a CAGR of 7.8% between 2024 and 2032. The market is being driven by the introduction of favourable government initiatives aimed at protecting animal rights.

Key Takeaways:

• Spanish households have domesticated nearly 29 million pets, a majority of which are dogs.

• Therapeutic products are expected to constitute a major portion of the Spain veterinary care market share.

• There are over 20,000 veterinary caregivers in Spain.

Rising global temperatures and illegal cross-border trading of animals have attracted increasing attention from the Spanish government in recent times. In September 2023, the Spanish government introduced an animal rights law, which prohibits the mistreatment of domesticated animals within households and imposes a fine of up to 200,000 euros for any incidence of violation.

The law also prohibits the purchase of pets from online channels or through traditional stores and aims to encourage pet owners to take insurance and training programmes for their pets. Amid rising awareness about animal welfare and caregiving, the Spain veterinary care market is expected to register significant growth over the forecast period.

About 300,000 animals are abandoned annually in Spain and one-third of the total population is administered anaesthesia for humane areas. To reduce the incidence of such cruel events, animal care is receiving increasing attention from people, thereby accelerating the Spain veterinary care market growth.

The Spain veterinary care market expansion is being fuelled by innovations in therapeutic products, which are expected to enhance the recovery rate of diseases like cancer among animals. Moreover, by tailoring strategies exclusively for farm animal treatments and vaccinations, the market is anticipated to witness significant growth over the forecast period.

Market Segmentation

Spain Veterinary Care Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Animal Type

• Dogs

• Cats

• Horses

• Ruminants

• Swine

• Poultry

• Others

Market Breakup by Product

• Therapeutics
  • Vaccines
  • Parasiticides
  • Anti-infectives
  • Medical Feed Additives
  • Others
• Diagnostics
  • Immunodiagnostic Tests
  • Molecular Diagnostics
  • Diagnostic Imaging
  • Clinical Chemistry
  • Others

The key Spain Veterinary Care market players are Bayer AG, Merck & Co., Inc., Zoetis Inc., Ceva Santé Animale, Boehringer Ingelheim International GmbH, SUPER'S DIANA, S.L., Biovet S.A., Laboratorios Eurisko, and Bioiberica S.A.U., among others.

Key Highlights of the Report