Spain Fish Protein Market - Size, Trends, Competitive Analysis and Forecasts (2018-2023)

Spain shares significant share of global fish protein market. The protein industry in Spain is fairly developed with whey protein and soy protein being most popular protein types in the country. With growing research to explore protein from various sources, fish and insects are both emerging protein market in the country. The fish protein industry presently holds around 11% of total fish protein market in Europe. Fish protein market in Spain is growing steadily with increase in demand of alternate and cheap protein solution among the health and environment conscious consumers in the country. Moreover, the trend of physical fitness and recreational sports is growing at a rapid pace among Spanish youngsters. Prevailing to these trends in the country, the fish protein market of Spain is estimated to capture the value of $0.15 million by 2023, registering a CAGR of 5.6% during the forecast period 2018 to 2023.

Growing health consciousness among the Spanish consumers, rising rate of obesity, and rising awareness about the health benefits of protein for leading healthy lifestyle are some of the major drivers for the growth of fish protein market in the country. In addition, the consumers who are intolerant towards the lactose and gluten are also rising steadily. This is one of the major drivers for the demand of fish protein across various food products ranging from meat analogues & extenders to dairy alternatives. Other applications of fish protein across food industry includes bakery, confectionery, snacks and infant formula. The application of fish protein across these segments is considerably low but with continuous exploration of fish protein, the market is estimated to record significant boost in coming years.

Dietary supplements industry is one of the rapidly growing industries of recent times. Most of the growth of this industry is coming from growing consumption of protein bars, protein juices, protein rich shakes and smoothies, etc. The application of fish protein across dietary supplements industry is high among all the other applications. But when compared to application of other protein types such as soy, pea, rice and whey proteins, fish protein still lags by huge margin. Hence, fish protein manufacturers need to produce novel and specialized products depending upon the demands of consumers to expand the market revenue across supplements industry. Hydrolyzed fish protein is widely used to produce cosmetics products such as shampoos, hair gel and skin creams because it contains important minerals and vitamins that protects human hair and body skin. Other application of fish protein includes animal feed, cosmetics, personal care and pharmaceutical industries.

Key Deliverables

• Market trends since 2014 and five year forecasts of market growth


• Detailed analysis of the micro and macro elements influencing demand trends


• Identifying opportunity spaces across segments and countries


• Supply & demand side trend and analysis


• Price trend analysis, investment prospects and competition pattern


• Insights on growth potential of the market


• Detailed analysis of major producers covering financial investments & strategies adopted


• Competitive landscape of the industry