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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Latin America Protein Supplement Market Analysis
Based on type, the Latin America protein supplement market can be bifurcated into animal based and plant based. Animal based protein supplements are further sub-divided into casein, whey protein, egg protein, and fish protein supplements, among others. Plant based is subcategorised into soy protein, pea protein, and pumpkin seed protein.
On the basis of form, the market is divided into powder, bars, and ready to drink. By application, the market is segmented into sport nutrition and functional food. Based on distribution channel, the market is categorised into supermarkets and hypermarkets, pharmacy, nutrition store, and online. On the basis of country, the market is segmented into Brazil, Mexico, and Argentina, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Latin America protein supplement market covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Glanbia plc
- Nestlé Health Science
- Abbott Nutrition
- AMCO Proteins
- Nutrition & Biosciences
- Iovate Health Sciences International Inc.
- ADS Laboratorio Nutricional Ltda
- 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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124