Spain Cold And Flu Supplements Market Size & Outlook
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Spain cold and flu supplements market highlights
- The Spain cold and flu supplements market generated a revenue of USD 190.4 million in 2022 and is expected to reach USD 517.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 13.3% from 2023 to 2030.
- In terms of segment, vitamins & minerals was the largest revenue generating product in 2022.
- Herbal Extracts is the most lucrative product segment registering the fastest growth during the forecast period.
Cold and flu supplements market data book summary
| Market revenue in 2022 | USD 190.4 million |
| Market revenue in 2030 | USD 517.1 million |
| Growth rate | 13.3% (CAGR from 2022 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Herbal Extracts |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins & Minerals, Herbal Extracts, Natural Molecules |
| Key market players worldwide | Amway Malaysia Holdings, Klaire Labs, Nordic Naturals, Himalaya Wellness, Nu Skin Enterprises Inc Class A, Pfizer Inc, NOW Foods, Natures Sunshine Products Inc, Wakunaga Pharmaceutical, Neurobiologix Supplements, Parkway Products, Vitamin Shoppe |
Other key industry trends
- In terms of revenue, Spain accounted for 1.2% of the global cold and flu supplements market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy cold and flu supplements market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,144.5 million by 2030.
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Cold And Flu Supplements Market Scope
Cold And Flu Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vitamin Shoppe | View profile | 5001-10000 | North Bergen, New Jersey, United States, North America | https://www.vitaminshoppe.com |
| Neurobiologix Supplements | View profile | 11-50 | Austin, Texas, United States, North America | https://www.neurobiologix.com |
| Wakunaga Pharmaceutical | View profile | 1-10 | Osaka, Osaka, Japan, Asia | http://www.wakunaga.co.jp/english/ |
| Parkway Products | View profile | 501-1000 | Greenville, South Carolina, United States, North America | http://parkwayproducts.com |
| Natures Sunshine Products Inc | View profile | 814 | 2901 West Bluegrass Boulevard, Suite 100, Lehi, UT, United States, 84043 | https://www.natr.com |
| Klaire Labs | View profile | 251-500 | Reno, Nevada, United States, North America | https://klaire.com |
| Nu Skin Enterprises Inc Class A | View profile | 15200 | 75 West Center Street, Provo, UT, United States, 84601 | https://www.nuskin.com |
| Amway Malaysia Holdings | View profile | - | Petaling Jaya, Selangor, Malaysia, Asia | http://www.amway.my |
| Himalaya Wellness | View profile | 5001-10000 | Bangalore, Karnataka, India, Asia | https://himalayawellness.in/ |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | https://www.nowfoods.com |
| Nordic Naturals | View profile | 251-500 | Watsonville, California, United States, North America | https://www.nordic.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
Spain cold and flu supplements market outlook
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 cold and flu supplements market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 41.33% in 2022. Horizon Databook has segmented the Spain cold and flu supplements market based on vitamins & minerals, herbal extracts, natural molecules covering the revenue growth of each sub-segment from 2017 to 2030.
There has been a growing awareness among consumers in Spain about the importance of preventive measures and maintaining a strong immune system to combat cold and flu. Market players in the cold and flu supplements industry are responding to the increasing demand in Spain by establishing new production facilities.
For instance, in February 2023, ADM, a U.S.-based human and animal nutrition company, inaugurated a new production facility in Valencia, Spain, in order to meet the growing demand for probiotics, postbiotics, and other products including cold and flu supplements that support health and wellbeing.
This new building is near ADM's research and development facility in the University of Valencia Scientific Park, where its scientists carry out various projects such as genome sequencing and early-stage testing of new bacterial strains.
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Our clientele includes a mix of cold and flu supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain cold and flu supplements market , including forecasts for subscribers. This country databook contains high-level insights into Spain cold and flu supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain cold and flu supplements market size, by product, 2017-2030 (US$M)
Spain Cold And Flu Supplements Market Outlook Share, 2022 & 2030 (US$M)
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