Key Market Indicators
The country was number 15 in 2021. The United Kingdom, Germany and France respectively ranked numbers 2, 3 and 4 in this ranking. Sales of vitamins are expected to soar to almost $700 million by 2026, up 1.1% year on year on average from 2020's $665 million. Market growth was up 2.5% in the same period. The United Kingdom, Australia and India were the top three countries in this ranking. Spanish vitamin exports are set to reach 2.67 million kilograms by 2026, staying flat year on year. Since 1994, Spanish supply has dropped by 0.8% year on year. Australia overtook Spain to take the top spot with 2.71 million kilograms. Germany, India and the United States rounded out the top four. In 2021, Spanish imports of vitamins were down 17.4% on 2020, with 940,210 kilograms. Since 1994, Spanish demand has decreased by 24.6%. The United Kingdom, Germany and France followed Spain in the rankings.
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Herbal/Traditional Products: Global Market Dynamics and Emerging Trends Analysis
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