Spain Nutraceutical Contract Manufacturing Services Market Size & Outlook
Spain nutraceutical contract manufacturing services market, 2018-2030 (US$M)
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Spain nutraceutical contract manufacturing services market highlights
- The Spain nutraceutical contract manufacturing services market generated a revenue of USD 1,645.6 million in 2023 and is expected to reach USD 3,987.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, tablets was the largest revenue generating service type in 2023.
- Liquid Oral is the most lucrative service type segment registering the fastest growth during the forecast period.
Nutraceutical contract manufacturing services market data book summary
| Market revenue in 2023 | USD 1,645.6 million |
| Market revenue in 2030 | USD 3,987.7 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Tablets |
| Fastest growing segment | Liquid Oral |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tablets, Capsules, Liquid Oral, Powder In Sachet / Jar, Gummies, Energy Bars, Other suitable forms (Diskettes, etc.) |
| Key market players worldwide | Ashland Inc, Glanbia PLC, Herbalife Ltd, Menadiona, Twinlab Consolidated Holdings Inc, Nutrivo, Gemini Pharmaceuticals, Rain Nutrience |
Other key industry trends
- In terms of revenue, Spain accounted for 1.1% of the global nutraceutical contract manufacturing services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany nutraceutical contract manufacturing services market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 3,987.7 million by 2030.
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Nutraceutical Contract Manufacturing Services Market Scope
Nutraceutical Contract Manufacturing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain nutraceutical contract manufacturing services 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 nutraceutical contract manufacturing services market will help companies and investors design strategic landscapes.
Tablets was the largest segment with a revenue share of 25.27% in 2023. Horizon Databook has segmented the Spain nutraceutical contract manufacturing services market based on tablets, capsules, liquid oral, powder in sachet / jar, gummies, energy bars, other suitable forms (diskettes, etc.) covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of health-conscious people in Spain is expected to improve the adoption of nutraceuticals during the forecast period. In addition, the preference for natural foods, nutritional supplements, and functional foods has been rising, which has positively impacted the Spain nutraceutical contract manufacturing services market.
Another key factor propelling market growth is the growing elderly population and the surge in the adoption of dietary supplements. Some key players in the market are Martínez Nieto and Menadiona. The rising number of manufacturing facilities and growing investment to develop manufacturing facilities in the country is anticipated to fuel market growth.
The Spanish Agency for Food Safety and Nutrition (AESAN) oversees the regulation of dietary supplements in Spain. Sports nutrition products and other food supplements in Spain must be reported to the Spanish health authorities before marketing. In Spain, notification of dietary supplements is mandatory.
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Our clientele includes a mix of nutraceutical contract manufacturing services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain nutraceutical contract manufacturing services market , including forecasts for subscribers. This country databook contains high-level insights into Spain nutraceutical contract manufacturing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain nutraceutical contract manufacturing services market size, by service type, 2018-2030 (US$M)
Spain Nutraceutical Contract Manufacturing Services Market Outlook Share, 2023 & 2030 (US$M)
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