Content of the study:
The market for food supplements - Spain

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MARKET OVERVIEW

1.1 Presentation and definition of the dietary supplements market

A dietary supplement is a natural bioactive substance concentrated with nutrients, presented in simple or combined form, marketed in doses (capsule, lozenge, tablet, powder, ampoule, bottle with drops, etc.) whose objective is to supplement the normal diet. Emblematic of the development of nutrition-health, food supplements have been increasingly successful for several years in segments as diverse as slimming, stress-sleep, digestion, circulation, or sports.

Food supplements are divided into vitamins and minerals (vitamins A, B, C, D, calcium, magnesium, iron, etc.), supplements based on plants (valerian, hawthorn, harpagophytum) and substances with physiological or nutritional purposes (Omega-3 for example).

The profiles of the people consuming these products are very different, but we essentially find individuals with bad eating habits (unbalanced diet, poor in fruits and vegetables), people following a specific diet to lose weight, people with a high level of obesity, sportsmen, people over fifty years old, women of childbearing age, children under five years old, people who protect themselves from the sun and vegan people.

Globally, the market is experiencing strong growth that appears to be sustainable as forecasts call for a CAGR of 8.2% between 2020 and 2027. The growing awareness of the importance of food, combined with increasingly busy lifestyles, is driving the demand for these products.

The Spanish market is also experiencing significant growth, even though it remains limited in value compared to its European neighbors. Distribution is mainly through pharmacies and supermarkets, but also on the Internet. As for manufacturers, we differentiate between companies specialized in food supplements and those operating in the broader segment of dietetic nutrition.

New trends are emerging as European and national regulations evolve to allow better development of these products. Brands also tend to rely on scientific evidence to justify the benefits of their products and establish a relationship of trust with the consumers.

ANALYSIS OF THE DEMAND

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATION

POSITIONING OF THE ACTORS

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Reviews (1)

Reviews (1)

The market for food supplements - Belgium

Publicado en 31/01/2022 by Thibaut Reinhard - Biocanna Technologies SRL

We got the numbers we needed. Excellent study


Businesscoot Response:

Hello Thibaut, Thank you for your feedback which helps us to improve the quality of our studies. We hope you will give us a 5/5 for the next one ;)

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