Spain Agribusiness Market

Spain Agribusiness Market Overview:

The Spain agribusiness market size reached USD 54.71 Billion in 2024. The market is projected to reach USD 69.96 Billion by 2033, exhibiting a growth rate (CAGR) of 2.77% during 2025-2033. Rising domestic demand for food products is fueling investments in food processing facilities, cold storage infrastructure, and advanced logistics networks to ensure efficient supply chains from farms to consumers. Besides this, the growing exports of agri-food items are contributing to the expansion of the Spain agribusiness market share.

Spain Agribusiness Market Trends:

Growing food demand

Rising domestic demand for food products is positively influencing the market in Spain. Population growth and evolving dietary preferences are boosting the consumption of both fresh and processed food products. As per the Annual Population Census released by the ine, as of 1 January 2024, Spain's population was 48,619,695 individuals, reflecting an increase of over 500,000 people within a year. Spain’s diverse agricultural output, ranging from fruits, vegetables, grains, olive oil, and wine to meat and dairy, positions it well to meet this growing demand domestically. The shift towards healthier and premium-quality food items is motivating farmers to adopt modern cultivation techniques, precision agriculture, and sustainable practices to increase yields while maintaining quality. Rising domestic demand is also fueling investments in food processing facilities, cold storage infrastructure, and advanced logistics networks to ensure efficient supply chains from farms to consumers. Additionally, hospitality and tourism industries are driving consistent demand for a wide variety of local food products, strengthening market stability. The emphasis on food security and traceability is also encouraging agribusinesses to employ innovative technologies for quality control and certification.

Increasing exports of agri-food items

Strong exports of agri-food products are fueling the Spain agribusiness market growth. Spain is a leading exporter of products, such as olive oil, wine, fresh fruits, vegetables, meat, and dairy, which are in demand across Europe, North America, and emerging markets. As per the government data, in Spain, olive oil exports surpassed €6 Billion during the 2023/24 crop season. This consistent foreign requirement is encouraging farmers and producers to increase output, adopt advanced farming technologies, and maintain high-quality standards to meet strict international regulations. Export opportunities are also incentivizing investments in processing facilities, packaging innovation, and cold chain logistics to preserve freshness during long-distance transport. Trade agreements and Spain’s strategic geographic location are further enhancing its competitive advantage, enabling faster access to international markets. Rising preferences for Mediterranean diet products abroad are also fueling the market growth, creating a premium niche for Spanish producers. Additionally, export success brings in significant revenue, which can be reinvested into modernizing agricultural practices and expanding capacity. Overall, strong export demand is not only boosting production volumes but also driving innovations, sustainability, and efficiency across Spain’s agribusiness sector.

Spain Agribusiness Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product.

Product Insights:

• Grains
  • Wheat
  • Rice
  • Coarse Grains – Ragi
  • Sorghum
  • Millets
• Oilseeds
  • Rapeseed
  • Sunflower
  • Soybean
  • Sesamum
  • Others
• Dairy
  • Liquid Milk
  • Milk Powder
  • Ghee
  • Butter
  • Ice-cream
  • Cheese
  • Others
• Livestock
  • Pork
  • Poultry
  • Beef
  • Sheep Meat
• Others

The report has provided a detailed breakup and analysis of the market based on the product. This includes grains (wheat, rice, coarse grains – ragi, sorghum, and millets), oilseeds (rapeseed, sunflower, soybean, sesamum, and others), dairy (liquid milk, milk powder, ghee, butter, ice-cream, cheese, and others), livestock (pork, poultry, beef, and sheep meat), and others.

Regional Insights:

• Northern Spain
• Eastern Spain
• Southern Spain
• Central Spain

The report has also provided a comprehensive analysis of all major regional markets. This includes Northern Spain, Eastern Spain, Southern Spain, and Central Spain.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Spain Agribusiness Market News:

• In February 2025, Impact Bridge unveiled the ‘Impact Bridge Sustainable AgriFood Fund I Innvierte, FCR’ (‘IB SAF I’), a private equity fund targeting €150 Million to foster an eco-friendly AgriFood framework in Spain. The fund received support from organizations dedicated to adopting top-tier sustainable and technologically sophisticated methods in the Spanish AgriFood sector. The Centre for the Development of Technology and Innovation allocated €73.5 Million via its Innvierte Economía Sostenible initiative, backing the financing of technology-focused and innovative enterprises.
• In June 2024, AITMC Ventures Limited (AVPL) International, a comprehensive agri-drone firm, planned to establish 20 World Skill and Incubation hubs along with 50 Global Skill and Incubation hubs across 12 States to educate agriculture drone pilots and entrepreneurs. During the initial phase, these hubs, developed in collaboration with the National Skill Development Council (NSDC), were to be used to train individuals and send them to Spain, Australia, Brazil, and Latin America in the coming two years.

Spain Agribusiness Market Report Coverage:

Key Questions Answered in This Report:

• How has the Spain agribusiness market performed so far and how will it perform in the coming years?
• What is the breakup of the Spain agribusiness market on the basis of product?
• What is the breakup of the Spain agribusiness market on the basis of region?
• What are the various stages in the value chain of the Spain agribusiness market? 
• What are the key driving factors and challenges in the Spain agribusiness market?
• What is the structure of the Spain agribusiness market and who are the key players?
• What is the degree of competition in the Spain agribusiness market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Spain agribusiness market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Spain agribusiness market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Spain agribusiness industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.