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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
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 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 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.
Other market players include Nestlé Health Science, Nutrition & Biosciences, Iovate Health Sciences International Inc., and ADS Laboratorio Nutricional Ltda, among others.
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 2021.
The market is expected to grow at a CAGR of 7.80% between 2024 and 2032.
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 2.25 billion in 2027.
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.
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