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Vitamin Industry Outlook 2022 - 2026

See how Vitamin performed compared to key markets such as the United States, the United Kingdom and Australia.

Key Market Indicators

The country was number 20 in 2021, the United States came first at 1,138,200 Kilograms. Italy, Germany and France respectively ranked numbers 2, 3 and 4 in this ranking. Vitamin sales worldwide are set to reach nearly $699 million by 2026, up from $665 million in 2020. This growth is expected to average 1.1% year-on-year, even as market growth has climbed by 2.5% annually. The United Kingdom, Australia and India were the second, third and fourth largest markets respectively. Spanish vitamin exports are forecast to reach 2.7 million kilograms by 2026, the same amount of exports as in 2021. This is despite a 0.8% annual decline since 1994. Spain ranked 16th in 2021, with Australia topping the list at 2.7 million kilograms. Germany, India and the United States followed in second, third and fourth place respectively. Imports of vitamins to Spain are tracking to reach 940,210 kilograms in 2021, a decrease of 17.4% compared to 2020. This marks a 24.6% decline since 1994. Spain ranked 20th in 2021, while the US held the top spot at 1.1 million kilograms. Italy, Germany and France followed in second, third and fourth place respectively.

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