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Report Overview

The market size for the protein supplements in Latin America reached a value of more than USD 1.42 Billion in 2024. The Latin America protein supplement market is expected to grow at a CAGR of 7.80% between 2025 and 2034, reaching a value of USD 3.01 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

7.8%

2025-2034


Latin America Protein Supplement Market Outlook

*this image is indicative*

latin america protein supplement market

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Key Trends in the Market

Protein supplements are macronutrients that provide proteins in concentrated form. Commonly available in powder and liquid form, consumption of protein supplements can help in building muscle, synthesise hormones and enzymes, repair tissue, and aid in weight loss and toning of muscles. Protein supplements in the form of shakes are absorbed easily by the body and contains more fibre, increasing their popularity in the Latin America protein supplement market. 

  • Prevalence of chronic diseases such as diabetes, hypertension, and metabolic diseases in Latin America have increased the demand for protein supplements. Particularly in people with low immunity levels such as geriatric and disabled populations.
  • Increase in popularity of consumption of nutritional supplements to boost immunity levels, including protein supplements, are bolstering the market growth. Social media is acting as a key trend in the market, encouraging more people to experiment with protein supplements.
  • Sports protein supplements widely consumed by athletes, weight trainers, and body builders to enhance stamina, performance, and overall health.
  • The availability of protein supplements in various flavours is a key market trend, improving the likability of the product among a wider range of consumers.

Latin America Protein Supplement Market Segmentation

The EMR’s report titled “Latin America Protein Supplement Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

  • Animal Based
  • Plant Based

Market Breakup by Form:

  • Powder
  • Bars
  • Ready to Drink

Market Breakup by Application:

  • Sport Nutrition
  • Functional Food

Market Breakup by Distribution Channels:

  • Supermarkets and Hypermarkets
  • Pharmacy
  • Nutrition Store
  • Online

Market Breakup by Region:

  • Brazil
  • Argentina
  • Mexico
  • Others

latin america protein supplement market by segments

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Latin America Protein Supplement Market Share by Type

Animal proteins are considered complete proteins, comprising of all the vital amino acids. As animal based protein supplements contain more nutrients than plant based proteins, they are healthier, and hold a significant share in the Latin America protein-based market. Plant based protein supplements, in comparison, are suited for people prone to digestive issues, as they are less harsh on the stomach. The demand for plant based protein supplements is also higher in vegetarian and vegan populations. 

Latin America Protein Supplement Market Share by Country

Brazil has a leading share among other countries in Latin America protein supplement market. It has been taking steps to increase the demand and market share overall, encouraging awareness of the benefits of protein supplements for healthy living. 

In the overall Latin America region, growing awareness regarding health is driving more people to consume nutritional supplements to meet dietary requirements. Improved standard of living in Argentina is subjected to register a substantial growth in market for protein supplements in the Latin America region in the forecast period.

Competitive Landscape

Glanbia Plc

Glanbia Plc is an Irish nutrition company. It was established in 1997 and is headquartered in Kilkenny, Ireland. They provide the world with nutrition products such as cheese, vitamins, sports nutrition, minerals, dairy and non-dairy products in order to help people globally live a healthier, more active, and happier life.

Abbott Nutrition

Abbott Nutrition founded in 1888 is headquartered in Illinois, Unite States. It is an American medical device and healthcare company that manufactures and supplies nutrition products, diagnostics, branded generic pharmaceuticals, and medical device to create a world with healthy people.

AMCO Proteins

AMCO Proteins was founded in 1956 and has its headquarter in New Jersey, United States. It is a dairy product and plant protein manufacturing company that provides their customers with hydrolysed proteins, custom protein blends, and prototype development.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Nestlé Health Science, Nutrition & Biosciences, Iovate Health Sciences International Inc., and ADS Laboratorio Nutricional Ltda, among others. 

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Latin America Protein Supplement Market Report Snapshots

Latin America Protein Supplement Market Size

Latin America Protein Supplement Market Share

Latin America Protein Supplement Market Analysis

Latin America Protein Supplement Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market size for protein supplements in Latin America reached a value of more than USD 1.42 Billion in 2024.

The market is expected to grow at a CAGR of 7.80% between 2025 and 2034.

The major market drivers are improved standard of living, rise in income, and increased accessibility of protein supplements.

The market size for protein supplements in Latin America is expected to reach a value of more than USD 3.01 Billion in 2034.

The key trends of the market are prevalence of chronic diseases, sports enthusiasts, and  growing awareness of the health benefits of protein supplements.

Key market players in the market include Glanbia plc, Nestlé Health Science, Abbott Nutrition, AMCO Proteins, Nutrition & Biosciences, Iovate Health Sciences International Inc., and ADS Laboratorio Nutricional Ltda, among others.

Protein supplements are macronutrients with a concentrated volume of proteins, available in forms such as powder or liquid.

Protein supplements help in building muscle, synthesising hormones and enzymes, repairing tissue, supplementing weight loss, and in toning of muscles.

The Latin America protein supplement market is segmented based on type, form, application, distribution channel, and country.

Protein supplements in the form of shakes provide proteins in liquid form that are absorbed easily by the body.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • Application
  • Distribution Channels
  • Region
Breakup by Type
  • Animal Based
  • Plant Based
Breakup by Form
  • Powder
  • Bars
  • Ready to Drink
Breakup by Application
  • Sport Nutrition
  • Functional Food
Breakup by Distribution Channels
  • Supermarkets and Hypermarkets
  • Pharmacy
  • Nutrition Store
  • Online
Breakup by Region
  • Brazil
  • Argentina
  • Mexico
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Glanbia plc
  • Nestlé Health Science
  • Abbott Nutrition
  • AMCO Proteins
  • Nutrition & Biosciences
  • Iovate Health Sciences International Inc.
  • ADS Laboratório Nutricional Ltda
  • Others

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