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Sector Analysis
Consumer and Market Insights: Dairy & Soyfood in Spain
Economic recovery in Spain will positively influence consumer spending and consequently drive the demand for Consumer Packaged Goods. Despite a decline in the Dairy market from 2010-2015, it is forecast to register a CAGR of 2.8% during 2015-2020, to reach US$15,864.9 million by 2020. The demands of Spain's again population, as well a desire for indulgence and products meeting their specific needs are motivating consumption in the category.