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Latin America Protein Supplement Market Report and Forecast 2022-2027
Market Report I 2022-09-23 I 95 Pages I EMR Inc.
Latin America Protein Supplement Market Report and Forecast 2022-2027
Market Outlook
According to the report curated by Expert Market Research (EMR), the Latin America protein supplement market attained a value of USD 1424.2 million in 2021. Aided by the rising prevalence of chronic diseases, the market is projected to further grow at a CAGR of 7.8% between 2022 and 2027 to reach a value of USD 2551 million by 2027.
Latin America Protein Supplement Market Segmentations
Protein is an essential nutrient known as the building block for the muscles in our body. It is a critical part of our body as it is involved in the processes that provide energy and carry oxygen through blood around the body.
Protein supplements are nutritional dietary supplements that are generally consumed to meet the daily protein requirements, build muscle, and maintain weight. Protein supplements are usually available in powder, bars, and ready-to-drink forms, which can either be animal-based or plant-based.
Latin America has had a high rate of obesity and the rates have been rising significantly in the recent years, owing to the rapidly growing trend of processed and packaged food products, which are low in cost. This has led to increased consumption of sugar, sodium, and fats.
Food and nutrition organizations in several countries have increased their efforts to counter this unhealthy development. They have increased their effort to develop strategies to promote healthy eating and an active lifestyle.
The Latin American protein supplement market is expected to experience exponential growth due to rising health awareness. This development is more evident amongst the Gen Z and Millennials, as they increasingly adopt a healthier lifestyle and eating habits, supported by the rising spending power.
Market Segmentation
The market can be divided on the basis of type, form, application, distribution channels, and country.
Market Breakup by Type
- Animal Based
o Casein
o Whey Protein
o Egg Protein
o Fish Protein Supplements
o Others
- Plant Based
o Soy Protein
o Pea Protein
o Pumpkin Seed Protein
Market Breakup by Form
- Powder
- Bars
- Ready to Drink
Market Breakup by Application
- Sport Nutrition
- Functional Food
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Pharmacy
- Nutrition Store
- Online
Market Breakup by Region
- Brazil
- Mexico
- Argentina
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the protein supplement companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Glanbia plc
- Nestle Health Science
- Abbott Nutrition
- AMCO Proteins
- Nutrition & Biosciences
- Iovate Health Sciences International Inc.
- ADS Laboratorio Nutricional Ltda
- Others
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Latin America Protein Supplement Market Analysis
8.1 Key Industry Highlights
8.2 Latin America Protein Supplement Historical Market (2017-2021)
8.3 Latin America Protein Supplement Market Forecast (2022-2027)
8.4 Latin America Protein Supplement Market by Type
8.4.1 Animal Based
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Breakup by Type
8.4.1.4.1 Casein
8.4.1.4.1.1 Market Share
8.4.1.4.1.2 Historical Trend (2017-2021)
8.4.1.4.1.3 Forecast Trend (2022-2027)
8.4.1.4.2 Whey Protein
8.4.1.4.2.1 Market Share
8.4.1.4.2.2 Historical Trend (2017-2021)
8.4.1.4.2.3 Forecast Trend (2022-2027)
8.4.1.4.3 Egg Protein
8.4.1.4.3.1 Market Share
8.4.1.4.3.2 Historical Trend (2017-2021)
8.4.1.4.3.3 Forecast Trend (2022-2027)
8.4.1.4.4 Fish Protein Supplements
8.4.1.4.4.1 Market Share
8.4.1.4.4.2 Historical Trend (2017-2021)
8.4.1.4.4.3 Forecast Trend (2022-2027)
8.4.1.4.5 Others
8.4.2 Plant Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.4 Breakup by Type
8.4.2.4.1 Soy Protein
8.4.2.4.1.1 Market Share
8.4.2.4.1.2 Historical Trend (2017-2021)
8.4.2.4.1.3 Forecast Trend (2022-2027)
8.4.2.4.2 Pea Protein
8.4.2.4.2.1 Market Share
8.4.2.4.2.2 Historical Trend (2017-2021)
8.4.2.4.2.3 Forecast Trend (2022-2027)
8.4.2.4.3 Pumpkin Seed Protein
8.4.2.4.3.1 Market Share
8.4.2.4.3.2 Historical Trend (2017-2021)
8.4.2.4.3.3 Forecast Trend (2022-2027)
8.5 Latin America Protein Supplement Market by Form
8.5.1 Powder
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Bars
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Ready to Drink
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Latin America Protein Supplement Market by Application
8.6.1 Sport Nutrition
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Functional Food
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Latin America Protein Supplement Market by Distribution Channels
8.7.1 Supermarkets and Hypermarkets
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Pharmacy
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Nutrition Store
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Online
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.8 Latin America Protein Supplement Market by Country
8.8.1 Market Share
8.8.1.1 Brazil
8.8.1.2 Mexico
8.8.1.3 Argentina
8.8.1.4 Others
9 Regional Analysis
9.1 Brazil
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.2 Mexico
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.3 Argentina
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profile
12.2.1 Glanbia plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nestle Health Science
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Abbott Nutrition
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 AMCO Proteins
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Nutrition & Biosciences
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Iovate Health Sciences International Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 ADS Laboratorio Nutricional Ltda
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Key Trends and Developments in the Market
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