Spain Nutraceuticals Market Overview, 2027

Spain Nutraceutical Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

Nutraceuticals is the combination of two words: nutrition and pharmaceuticals. These are drugs (medicines), food ingredients, and dietary supplements that are in a medicinal form not necessarily associated with food. It protects against chronic diseases, prolongs life, and supports overall body structure strength. They have attracted consumer attention due to their nutritional, therapeutic, and safety effects. They are a promising dietary intake for diabetes, arthrosclerosis, cardiovascular diseases, cancer and neurological disorders. They are antioxidants required for the body based on disease-modifying indications. Emphasis is being laid down to provide herbal nutraceuticals for oxidative stress, allergies, Alzheimer’s, heart, cancer, eye, immune, or Parkinson’s diseases, and obesity. Consumers' beliefs on medicinal plants to address health issues with no side effects have been raised as they have been used for a long time with no serious toxicity. However, the medical regulatory considers them to be drugs with side effects that must be prepared with the proper ingredients and used with caution. According to the research report titled "Spain Nutraceuticals Market Outlook, 2027", published by Bonafide Research, the market is expected to grow rapidly in the wake of health importance. Nutraceuticals boost energy, relieve anxiety, improve mental clarity, prevent chronic diseases, and delay the ageing process with overall health benefits. Nutraceuticals have a considerable market share due to their potential nutritional and safety profiles other than therapeutic ability. Dairy fortified products are in high demand by consumers as they are consumed on a daily basis. Soy-fortified milks, flour, breads, pasta and other food items are on the rise since they contain high levels of proteins that are beneficial for the overall health of the body. Beverages with antioxidant properties like coffee, tea, and green tea that are fortified with varied nutritional ingredients are highly consumed by millennial’s. Energy drinks are increasingly being consumed by the young populace as they are available in different combinations with vitamins and nutrients for growth. Immunity booster drinks that are flavoured also grab attention from all age groups of consumers. The rising disposable income of consumers, growing awareness among consumers regarding health and its preventive measures, innovations in products, lifestyle disorders, and an increase in sports and fitness activities are the factors driving the demand for nutraceuticals. The regulatory laws associated with products are the major restraining for nutraceuticals. The proportions and conditions to use botanicals or bioactive substances are not yet harmonized. Each government differs on the opinion of the ingredients to be allowed and deciding on the quantity required.

What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

The rising expenditures on the technological innovations in these products lead to a higher demand. The rampant use of over the counter pills has negatively affected consumer lifestyle. The functional food and beverages has come to the rescue to this problem. The concept of functional food originated in Japan in the 1980's and was approved by the government to improve the general health of its populace. By product type, functional foods are the most consumed by the populace as they have a positive effect on health beyond providing nutrition. They may help to lower the risks of chronic diseases and improve overall health. One of the most common recent examples is that of oatmeal, as its soluble fibre lowers cholesterol levels in the body. Whole fruits, legumes, nuts, grains, and vegetables are easy to incorporate into diets. However, they cannot overcome the poor eating habits of consumers. Fruits and vegetables are packed with antioxidants that give protection against diseases. There are also modified functional foods that are fortified with vitamins, minerals, fibres, or probiotics to increase the health and nutrition levels in foods. Examples of modified functional foods are fortified cereals, fortified grains, fortified bread and pasta, and so on. Supermarkets and hypermarkets have gained importance recently in busy consumers' lifestyles, as they tend to buy all their monthly requirements from such places. It is time-saving as all the products are available under a single roof rather than scout of individual shops. Supermarkets play a pivotal role in inducing indulgent buying by consumers as they are fascinated by the packaging and display format. Furthermore, supermarket discounts are enticing consumers even more. The consumer can select one alternative from several options available by reading the labels carefully and comparing the prices of competitive products. The COVID-19 pandemic has had a mixed impact on the nutraceutical market. The health awareness and growing demand for immunity-boosting supplements have resulted in a surge in the demand for nutraceutical products. Although the less available supply chain and lack of transportation impacted the quarterly growth during 2020, Additionally, many businesses in this area shortened their working hours to allow workers to refill inventory and clean stores overnight. These factors slowed the pace of the functional foods and beverages market's growth. Demands for dietary supplements and functional foods increased during the pandemic to improve the health and immunity of individuals. Supplements that boost immunity have become mainstream, indicating consumer behaviour changes in buying preferences to reduce the risks of getting infected. After the pandemic, the trend has been towards preventive health measures and continues to raise demands for the same. Due to pandemic effects across the globe, these have become an indispensable part of the lives of consumers.

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Manmayi Raval

Manmayi Raval

Research Consultant

Considered in this report Geography: Spain Historic Year: 2016 Base year: 2021 Estimated year: 2022 Forecast year: 2027 Aspects covered in this report Spain nutraceuticals market with its value and forecast along with its segments Application wise nutraceuticals market distribution Various drivers and challenges On-going trends and developments Top profiled companies Strategic recommendation Based on product type of nutraceuticals market in the report: Dietary Supplements (Vitamin, Minerals, Herbal Supplements, Probiotic, Amino acid/Protein& Others) Functional Foods (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products,Fats & Oils & Others) Functional Beverages (Energy Drinks, Sports Drinks, Dairy & Dairy Alternative Drinks, Fortified Juices & Others)

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Manmayi Raval

Based on Distribution channeltype of nutraceuticalsin the report: Supermarkets&Hypermarkets Convenience Stores Drug and Pharmacies Online Retail Stores Other Distribution Channels The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to food &beverage industry, nutrition industry, pharmaceutical industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Please get in touch with our sales team to find out more.

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Introduction
  • 2.1. Market Definition
  • 2.2. Market Scope & Segmentation
  • 2.3. Research Methodology
  • 3. Spain Macro Economic Indicators
  • 4. Spain Nutraceuticals Market Category Analysis
  • 4.1. Key findings
  • 4.2. Market Drivers
  • 4.3. Market Restraints
  • 4.4. Opportunities
  • 4.5. Policies & Certification
  • 4.6. Value Chain Analysis
  • 4.7. Key Developments - 2021
  • 5. Spain Nutraceuticals Market Trends
  • 6. Spain Nutraceuticals Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Product Type
  • 6.2.2. By Dietary Supplements Type
  • 6.2.3. By Functional Beverages Type
  • 6.2.4. By Functional Foods Type
  • 7. Spain Nutraceuticals Market Segmentations
  • 7.1. Spain Nutraceuticals Market, By Product Type
  • 7.1.1. Spain Nutraceuticals Market Size By Value, By Dietary Supplements Type, 2016 - 2027F
  • 7.1.2. Spain Nutraceuticals Market Size By Value, By Functional Beverages, 2016 - 2027F
  • 7.1.3. Spain Nutraceuticals Market Size By Value, By Functional Foods, 2016 - 2027F
  • 7.2. Spain Nutraceuticals Market, By Dietary Supplements Type
  • 7.2.1. Spain Nutraceuticals Market Size By Value, By Vitamins, 2016 - 2027F
  • 7.2.2. Spain Nutraceuticals Market Size By Value, By Minerals, 2016 - 2027F
  • 7.2.3. Spain Nutraceuticals Market Size, By Botanicals, 2016 - 2027F
  • 7.2.4. Spain Nutraceuticals Market Size By Value, By Amino acid & proteins, 2016 - 2027F
  • 7.2.5. Spain Nutraceuticals Market Size By Value, By Probiotics, 2016 - 2027F
  • 7.2.6. Spain Nutraceuticals Market Size By Value, By Other types, 2016 - 2027F
  • 7.3. Spain Nutraceuticals Market, By Functional Beverages Type
  • 7.3.1. Spain Nutraceuticals Market Size By Value, By Energy Drinks, 2016 - 2027F
  • 7.3.2. Spain Nutraceuticals Market Size By Value, By Sports Drink, 2016 - 2027F
  • 7.3.3. Spain Nutraceuticals Market Size By Value, By Fortified Juices, 2016 - 2027F
  • 7.3.4. Spain Nutraceuticals Market Size By Value, By Dairy and Dairy Alternative Beverages, 2016 - 2027F
  • 7.3.5. Spain Nutraceuticals Market Size By Value, By Other Functional Beverages, 2016 - 2027F
  • 7.4. Spain Nutraceuticals Market, By Functional Foods Type
  • 7.4.1. Spain Nutraceuticals Market Size By Value, By Bakery & Cereals, 2016 - 2027F
  • 7.4.2. Spain Nutraceuticals Market Size By Value, By Dairy Products, 2016 - 2027F
  • 7.4.3. Spain Nutraceuticals Market Size, By Meat, Fish & Eggs, 2016 - 2027F
  • 7.4.4. Spain Nutraceuticals Market Size By Value, By Soy Products, 2016 - 2027F
  • 7.4.5. Spain Nutraceuticals Market Size By Value, By Fats & Oils, 2016 - 2027F
  • 7.4.6. Spain Nutraceuticals Market Size By Value, By Others, 2016 - 2027F
  • 8. Spain Nutraceuticals Market Opportunity Assessment
  • 8.1. By Nutraceuticals, 2022F to 2027F
  • 8.2. By Dietary Supplements Type, 2022F to 2027F
  • 8.3. By Functional Beverages Type, 2022F to 2027F
  • 8.4. By Functional Beverages Type, 2022F to 2027F
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profiles
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1: Spain Nutraceuticals Market Size of By Dietary Supplements Type (2016 to 2027F) (In USD billion)
Table 2: Spain Nutraceuticals Market Size of Functional Beverages (2016 to 2027F) (In USD billion)
Table 3: Spain Nutraceuticals Market Size of Functional Foods (2016 to 2027F) (In USD billion)
Table 4: Spain Nutraceuticals Market Size of Vitamins (2016 to 2027F) (In USD billion)
Table 5: Spain Nutraceuticals Market Size of Minerals (2016 to 2027F) (In USD billion)
Table 6: Spain Nutraceuticals Market Size of Botanicals (2016 to 2027F) (In USD billion)
Table 7: Spain Nutraceuticals Market Size of Amino acid & proteins (2016 to 2027F) (In USD billion)
Table 8: Spain Nutraceuticals Market Size of Probiotics (2016 to 2027F) (In USD billion)
Table 9: Spain Nutraceuticals Market Size of Other types (2016 to 2027F) (In USD billion)
Table 10: Spain Nutraceuticals Market Size of By Energy Drinks (2016 to 2027F) (In USD billion)
Table 11: Spain Nutraceuticals Market Size of Sports Drink (2016 to 2027F) (In USD billion)
Table 12: Spain Nutraceuticals Market Size of By Fortified Juices (2016 to 2027F) (In USD billion)
Table 13: Spain Nutraceuticals Market Size of Sports Drink (2016 to 2027F) (In USD billion)
Table 14: Spain Nutraceuticals Market Size of By Fortified Juices (2016 to 2027F) (In USD billion)
Table 15: Spain Nutraceuticals Market Size of Bakery & Cereals (2016 to 2027F) (In USD billion)
Table 16: Spain Nutraceuticals Market Size of Dairy Products (2016 to 2027F) (In USD billion)
Table 17: Spain Nutraceuticals Market Size of Meat, Fish & Eggs (2016 to 2027F) (In USD billion)
Table 18: Spain Nutraceuticals Market Size of Soy Products (2016 to 2027F) (In USD billion)
Table 19: Spain Nutraceuticals Market Size of Fats & Oils (2016 to 2027F) (In USD billion)
Table 20: Spain Nutraceuticals Market Size of Others (2016 to 2027F) (In USD billion)
Table 21: Key Facts of Company 1
Table 22: Key Facts of Company 2
Table 23: Key Facts of Company 3
Table 24: Key Facts of Company 4
Table 25: Key Facts of Company 5
Table 26: Key Facts of Company 6
Table 27: Key Facts of Company 7
Table 28: Key Facts of Company 8

List of Figure
Figure 1: Spain Nutraceuticals Market Size By Value 2016 to 2027F (In USD billion)
Figure 2: Spain Nutraceuticals Market Share By Value By Product Type (2016, 2021 & 2027F)
Figure 3: Spain Nutraceuticals Market Share By Value By Dietary Supplements Type (2016, 2021 & 2027F)
Figure 4: Spain Nutraceuticals Market Share By Value By Functional Beverages Type (2016, 2021 & 2027F)
Figure 5: Spain Nutraceuticals Market Share By Value By Functional Foods Type (2016, 2021 & 2027F)
Figure 6: Market Attractiveness Index, By Product Type
Figure 7: Market Attractiveness Index, By Dietary Supplements Type
Figure 8: Market Attractiveness Index, By Functional Beverages Type
Figure 9: Market Attractiveness Index, By Functional Beverages Type
Figure-10: Porter's Five Forces Meter of Nutraceuticals Market in Spain
Logo

Spain Nutraceuticals Market Overview, 2027

Contact usWe are friendly and approachable, give us a call.