Market Size of Spain Whey Protein Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.60 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Spain Whey Protein Market Analysis
The Spain whey protein market is projected to grow with a CAGR of 3.6% during the forecast period (2020 - 2025).
- The key factors driving the growth of the market include the growing awareness about the benefits of whey such as improvement in body strength, presence of enriched nutrients and proteins, prevention against allergic conditions in infants, reverse weight loss in people with HIV, and antioxidants defense.
- The demand for whey proteins is significantly increasing from sports nutrition and functional beverage sectors. Also, the geriatric population in Spain, health-conscious consumers, and an increasing number of health & fitness clubs/centers for the youngsters facilitate the growth of the whey protein market in Spain.