The market is dominated by domestic suppliers, as imports account for 35.0% of total market size in 2023. Households drive market demand, with household spending representing 54.2% of total demand in 2023. Spain has the fifth largest market size for coffee, tea, spices and ready meals regionally, with demand reaching USD16.8 billion in 2023. Nestlé España SA is the largest company in Spain, generating 19.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 35.9% of total production value in 2023. The total number of companies increases in 2023, to 2,184 units. The costs of the industry increase by 15.6% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 16.7% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 41.9% of total production output. With production value of USD14.0 billion, Spain accounts for 10.2% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Coffee, Tea, Spices and Ready Meals in Spain: ISIC 1549. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coffee, Tea, Spices and Ready Meals in Spain: ISIC 1549 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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