Spain Vegan Protein Powder Market Size & Outlook
Spain vegan protein powder market, 2017-2030 (US$M)
Related Markets
Spain vegan protein powder market highlights
- The Spain vegan protein powder market generated a revenue of USD 12.5 million in 2022 and is expected to reach USD 25.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.2% from 2023 to 2030.
- In terms of segment, pea protein was the largest revenue generating source in 2022.
- Algae based (Spirulina) is the most lucrative source segment registering the fastest growth during the forecast period.
Vegan protein powder market data book summary
| Market revenue in 2022 | USD 12.5 million |
| Market revenue in 2030 | USD 25.3 million |
| Growth rate | 9.2% (CAGR from 2022 to 2030) |
| Largest segment | Pea protein |
| Fastest growing segment | Algae based (Spirulina) |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemp Protein, Pea Protein, Brown Rice Protein, Soy Protein, Algae based (Spirulina), Protein Blends |
| Key market players worldwide | Archer-Daniels Midland Co, AMCO Proteins, Garden of Life, Nestle SA, Titan Biotech, Bactolac Pharmaceutical, SMP Nutra, AGT Food and Ingredients, A&B Ingredients, Sunwarrior |
Other key industry trends
- In terms of revenue, Spain accounted for 3.6% of the global vegan protein powder market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK vegan protein powder 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 16.6 million by 2030.
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Vegan Protein Powder Market Scope
Vegan Protein Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain vegan protein powder 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 vegan protein powder market will help companies and investors design strategic landscapes.
Pea protein was the largest segment with a revenue share of 32% in 2022. Horizon Databook has segmented the Spain vegan protein powder market based on hemp protein, pea protein, brown rice protein, soy protein, algae based (spirulina), protein blends covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Spain vegan protein powder market databook
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Our clientele includes a mix of vegan protein powder 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain vegan protein powder market , including forecasts for subscribers. This country databook contains high-level insights into Spain vegan protein powder market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain vegan protein powder market size, by source, 2017-2030 (US$M)
Spain Vegan Protein Powder Market Outlook Share, 2022 & 2030 (US$M)
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