Spain Plant-Based Food Ingredients Market by source

Growth Outlook

• The Based Food Ingredients Market by source portion of the Spain Plant market is on a steady long-term growth path. Segment value stands at roughly USD 779 Mn in 2026 and is projected to reach USD 958 Mn by 2028 — a gain of about 23% over the forecast period, translating to a CAGR in the double digits.
• What the regional split looks like (2026): Seeds & Nuts leads, holding roughly 21% of segment value — the single largest regional share. Soy is the second-largest contributor. Others, Fruits & Vegetables, Pea, Oats, Herbs & Spices and Coconut make up the remainder, in descending order.
• By 2028, Seeds & Nuts alone is expected to reach USD 200 Mn, with Soy at USD 180 Mn.

Market Dynamics

Spain is a country that has a long-standing tradition of using fresh and natural ingredients in its cuisine. In recent years, there has been a growing demand for plant-based food ingredients in Spain due to various factors such as health consciousness, environmental concerns, and ethical considerations.

One of the main sources of plant-based food ingredients in Spain is locally grown produce. The country has a diverse range of climatic conditions which allows for the cultivation of a wide variety of fruits, vegetables, and grains. These fresh and local ingredients are highly valued in Spanish cuisine and are often used in traditional dishes such as gazpacho, paella, and tortilla de patatas. With the increasing demand for plant-based diets, there has been a rise in the availability and variety of local produce, making it easier for consumers to incorporate these ingredients in their meals.

Another source of plant-based food ingredients in Spain is imports from other countries. The country is a major importer of fruits and vegetables, with a significant amount coming from neighboring countries in the European Union and other global producers such as Latin America. This allows for a wider variety of plant-based ingredients to be readily available in the market, making it easier for consumers to access and incorporate them into their diets.

In recent years, there has also been a rise in the number of specialty food stores and health food stores in Spain. These stores offer a wide variety of plant-based food products, including alternative meat and dairy products, plant-based spreads and condiments, and plant-based snacks and desserts. The popularity of these stores is indicative of the growing demand for plant-based options in the country.

Additionally, the food service industry in Spain has also seen a shift towards incorporating more plant-based options. This includes both traditional Spanish restaurants introducing plant-based versions of their classic dishes, as well as the emergence of specialized plant-based restaurants. This trend is not limited to major cities like Madrid and Barcelona, but can also be seen in smaller cities and towns across the country.

In conclusion, the demand for plant-based food ingredients in Spain is driven by a combination of factors, including health concerns, environmental awareness, and changing dietary preferences. Local produce, imports, specialty stores, and the food service industry all play a crucial role in meeting this demand and providing consumers with a variety of plant-based options. As the interest in plant-based diets continues to grow, it is likely that the demand for these ingredients will also continue to rise in Spain.