Market revenue in 2023 | USD 2,299.3 million |
Market revenue in 2030 | USD 3,880.3 million |
Growth rate | 7.8% (CAGR from 2023 to 2030) |
Largest segment | Vitamins |
Fastest growing segment | Protiens & Amino Acids |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Vitamins, Botanicals, Minerals, Protiens & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids |
Key market players worldwide | Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, Archer-Daniels Midland Co, Nu Skin Enterprises Inc Class A, GlaxoSmithKline, Herbalife Ltd, Natures Sunshine Products Inc, DuPont de Nemours Inc, Nestle SA, NOW Foods, RBK Nutraceuticals, Goodhealth |
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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 dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 28.98% in 2024. Horizon Databook has segmented the Spain dietary supplements market based on vitamins, botanicals, minerals, protiens & amino acids, fibers & specialty carbohydrates, omega fatty acids covering the revenue growth of each sub-segment from 2021 to 2032.
The consumption trend pertaining to dietary supplements among Spaniards is not very different from that of consumers in other European countries. In this regard, the demand for digestive health supplements in Spain is driven by the increasing awareness among consumers regarding preventive healthcare.
Spanish consumers seek options offering health & wellness benefits in the products they consume. Innovation in dietary supplements, resulting in the addition of new flavors, is projected to boost market demand.
The presence of branded products and private-labeled products, coupled with growth in retail channels, is expected to fuel the demand for products such as proteins & amino acids and fibers & specialty carbohydrates supplements in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into Spain dietary supplements market from 2021 to 2032, including revenue numbers, major trends, and company profiles.
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