Spain Protein Supplements Market Size & Outlook, 2023-2030
Spain protein supplements market, 2018-2030 (US$M)
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Spain protein supplements market highlights
- The Spain protein supplements market generated a revenue of USD 132.8 million in 2023 and is expected to reach USD 213.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, animal based was the largest revenue generating source in 2023.
- Plant Based is the most lucrative source segment registering the fastest growth during the forecast period.
Protein supplements market data book summary
| Market revenue in 2023 | USD 132.8 million |
| Market revenue in 2030 | USD 213.1 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Animal based |
| Fastest growing segment | Plant Based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal Based, Plant Based |
| Key market players worldwide | Glanbia PLC, MusclePharm Corp, Abbott Laboratories, PepsiCo Inc, NOW Foods, Transparent Labs, RSP Nutrition, Symrise AG, Quest Nutrition, Iovate Health Sciences International, AMCO Proteins, Nutrabolt, Dymatize Enterprises, BPI Sports, BRF SA ADR, Rousselot, Gelita AG, Hoogwegt |
Other key industry trends
- In terms of revenue, Spain accounted for 2.1% of the global protein supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany protein supplements market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 300.2 million by 2030.
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Protein Supplements Market Scope
Protein Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain protein 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 protein supplements market will help companies and investors design strategic landscapes.
Animal based was the largest segment with a revenue share of 58.06% in 2023. Horizon Databook has segmented the Spain protein supplements market based on animal based, plant based covering the revenue growth of each sub-segment from 2018 to 2030.
Spain has a well-developed agricultural infrastructure, with modern facilities and technology for animal production and processing. This has enabled the country's animal protein industry to become highly efficient and competitive. Spain is a major exporter of animal-based protein supplements to other European countries and beyond.
The country's strategic location and well-established trade relationships have made it an attractive supplier of high-quality animal protein products, thus propelling market growth. Market players are expanding their business by opening new production facilities.
For instance, in September 2021, VEOS Group, an animal protein ingredients producer, with its joint venture partner Vall Company's, opened a new protein plant in Monzon, Spain. The new facility is the most advanced plant in the group, with plans for future expansion.
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Our clientele includes a mix of protein 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 protein supplements market , including forecasts for subscribers. This country databook contains high-level insights into Spain protein supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain protein supplements market size, by source, 2018-2030 (US$M)
Spain Protein Supplements Market Outlook Share, 2023 & 2030 (US$M)
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