Market revenue in 2022 | USD 475.6 million |
Market revenue in 2030 | USD 953.9 million |
Growth rate | 9.1% (CAGR from 2022 to 2030) |
Largest segment | Vitamins & minerals |
Fastest growing segment | Choline |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Anthocyanins, Choline, Resveratrol, Ashwagandha, Ginkgo Biloba, Omega 3, Vitamins & Minerals, L-theanine, Curcumin |
Key market players worldwide | WK Kellogg Co, Rage Coffee, Brain Bar, Cerebelly, Clutch Nutrition, Ingenuity Brands, Koios Beverage Corp., Memore, BrainMD |
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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 brain health functional food and beverage market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 10.05% in 2022. Horizon Databook has segmented the Spain brain health functional food and beverage market based on anthocyanins, choline, resveratrol, ashwagandha, ginkgo biloba, omega 3, vitamins & minerals, l-theanine, curcumin covering the revenue growth of each sub-segment from 2017 to 2030.
There is a growing interest in health and hygiene in Spain, and functional foods and beverages are often marketed as a way to support the positive growth of health and hygiene among consumers. Moreover, the COVID-19 pandemic presented new growth opportunities for the brain health functional food and beverages industry in Spain.
Consumers in the country are increasingly turning to functional foods and beverages to support their immune systems, and brain health, likely favoring the growth of the market in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain brain health functional food and beverage market , including forecasts for subscribers. This country databook contains high-level insights into Spain brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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