The rate of growth in retail constant value sales of supplements will accelerate in 2023, with robust growth in demand across the forecast period as a whole. The average consumer is now much more willing to consume dietary supplements than back in 2019.
One of the defining trends in Spanish society in recent years has been the ageing of the population and there are two key factors underpinning this demographic megatrend. The first of these is the country’s low birth rate, which is in turn is the result of the unfavourable socioeconomic conditions for young adults in Spain, which tend to deter young couples from starting a family until they have achieved a certain level of financial security.
One of the key factors that is expected to support demand for dietary supplements during the forecast period is the increasing numbers of Spaniards who are following specific diets in an effort to improve their nutrition and lead a more sustainable lifestyle. Recent years have seen huge increases in the numbers of Spanish people following a plant-based diet and/or a vegan lifestyle, while the numbers of Spanish people who identify as vegetarian, choosing not to eat meat and/or eggs and dairy, are also growing.
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Understand the latest market trends and future growth opportunities for the Dietary supplements industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dietary supplements industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
It is the aggregation of all dietary supplements: Minerals, fish oils/omega fatty acids, garlic, ginseng, ginkgo biloba, evening primrose oil, Echinacea, St John's Wort, protein supplements, probiotic supplements, eye health supplements, co-enzyme Q10, glucosamine, combination herbal/traditional supplements, non-herbal/traditional supplements, and all other dietary supplements specific to country coverage.See All of Our Definitions
This report originates from Passport, our Dietary supplements research and analysis database.
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