Latin America Protein Supplement Market Report and Forecast 2024-2032

Latin America Protein Supplement Market Report and Forecast 2024-2032



Market Outlook

According to the report by Expert Market Research (EMR), the Latin America protein supplement market is projected to grow at a CAGR of 7.80% between 2024 and 2032. Aided by the growing awareness regarding health and fitness and the burgeoning demand for protein-enriched dietary supplements, the market is expected to grow significantly by 2032.

Protein supplements are dietary supplements that contain a high proportion of essential amino acids. These are consumed widely for muscle recovery, weight management, and enhancing overall health and wellness. They are typically derived from animal or plant sources and are available in various forms, such as protein powders, bars, and ready-to-drink (RTD) beverages.

The burgeoning consumer inclination towards protein-rich dietary supplements is significantly driving the Latin America protein supplement market growth. With increasing awareness of the health advantages associated with protein intake, there has been a noticeable shift towards protein-rich diets, thereby causing a surge in demand for protein supplements.

Moreover, the rising trend of health and fitness, along with growing gym culture, has contributed to the market's growth. Protein supplements are popular among athletes, bodybuilders, and fitness enthusiasts who need extra protein for muscle recovery and growth after intense workouts. Also, the need for protein supplements has increased due to the prevalence of chronic diseases in Latin America, including diabetes, hypertension, and metabolic diseases, especially in populations with low immune levels, like the elderly and people with disabilities.

The expanding application of protein supplements across various industries is another key factor fuelling the Latin America protein supplement market demand. Protein supplements are being employed more frequently in the pharmaceutical sector because of their potential to speed up recovery and promote muscular building. Meanwhile, the food and beverage sector is adding protein supplements to a variety of goods such protein-enriched cereals, snacks, and beverages to meet the rising consumer demand for protein-rich foods.

Furthermore, the rising demand for plant-based alternatives in the food and beverage industry has led to an increased focus on plant-based protein supplements. With the growing trend of veganism and plant-based diets, plant-based protein supplements, including those derived from peas, rice, and soy, have gained significant popularity, thereby supporting the Latin America protein supplement market outlook.

Market Segmentation

The market can be divided based on type, form, application, distribution channel, and country.

Market Breakup by Type
  • Animal Based
  • Casein
  • Whey Protein
  • Egg Protein
  • Fish Protein Supplements
  • Others
  • Plant Based
  • Soy Protein
  • Pea Protein
  • 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 Country
  • Brazil
  • Mexico
  • Argentina
  • Others
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Latin America protein suuplement market. Some of the major players explored in the report by Expert Market Research are as follows:
  • 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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*We at Expert Market Research always strive to provide you with 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 (2018-2023)
8.3 Latin America Protein Supplement Market Forecast (2024-2032)
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 (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.4.1.4.1.3 Forecast Trend (2024-2032)
8.4.1.4.2 Whey Protein
8.4.1.4.2.1 Market Share
8.4.1.4.2.2 Historical Trend (2018-2023)
8.4.1.4.2.3 Forecast Trend (2024-2032)
8.4.1.4.3 Egg Protein
8.4.1.4.3.1 Market Share
8.4.1.4.3.2 Historical Trend (2018-2023)
8.4.1.4.3.3 Forecast Trend (2024-2032)
8.4.1.4.4 Fish Protein Supplements
8.4.1.4.4.1 Market Share
8.4.1.4.4.2 Historical Trend (2018-2023)
8.4.1.4.4.3 Forecast Trend (2024-2032)
8.4.1.4.5 Others
8.4.2 Plant Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.4.2.4.1.3 Forecast Trend (2024-2032)
8.4.2.4.2 Pea Protein
8.4.2.4.2.1 Market Share
8.4.2.4.2.2 Historical Trend (2018-2023)
8.4.2.4.2.3 Forecast Trend (2024-2032)
8.4.2.4.3 Pumpkin Seed Protein
8.4.2.4.3.1 Market Share
8.4.2.4.3.2 Historical Trend (2018-2023)
8.4.2.4.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Bars
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Ready to Drink
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Functional Food
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Pharmacy
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Nutrition Store
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Online
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
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 (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Mexico
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Argentina
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
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 Nestlé 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 Laboratório 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
List of Figures and
Tables
1. Latin America Protein Supplement Market: Key Industry Highlights, 2018 and 2032
2. Latin America Protein Supplement Historical Market: Breakup by Type (USD Million), 2018-2023
3. Latin America Protein Supplement Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Latin America Protein Supplement Historical Market: Breakup by Form (USD Million), 2018-2023
5. Latin America Protein Supplement Market Forecast: Breakup by Form (USD Million), 2024-2032
6. Latin America Protein Supplement Historical Market: Breakup by Application (USD Million), 2018-2023
7. Latin America Protein Supplement Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Latin America Protein Supplement Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
9. Latin America Protein Supplement Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
10. Latin America Oyster Historical Market: Breakup by Country (USD Million), 2018-2023
11. Latin America Oyster Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Protein Supplement Market Structure

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