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Sports Nutrition Market in South America Facts at a Glance-
- Total Pages: 120
- Companies: 10+ – Including Abbott Laboratories, AJE, Amway Corp., BRG SUPPLEMENTOS NUTRICIONAIS LTDA, Glanbia Plc, GNC Holdings Inc, Herbalife Nutrition Ltd., Nutribrands, PepsiCo Inc., The Coca-Cola Co. among others.
- Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape.
- Segments: Product (non-protein sports nutrition, protein powder, protein ready to drink (RTD), and protein bar) and distribution channel (offline and online).
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According to the recent market study by Technavio, the Sports Nutrition Market in South America is expected to increase by USD 1.33 billion from 2021 to 2026, at an accelerated CAGR of 8.50%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
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Top 3 Vendor Analysis of Sports Nutrition Market in South America
The Sports Nutrition Market in South America is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market. Companies are employing mergers, expansions, acquisitions, and partnerships, as well as new product development, as strategic tactics to increase their brand visibility.
Abbott Laboratories: Offers nutrition products such as sports nutrition bars, shakes and supplements.
Amway Corp: Offers XS ENERGY DRINKS and XS SPORTS NUTRITION as nutrition products.
Glanbia Plc: Offers nutrition products under the brand Optimum Nutrition, BSN, Isopure, Nutramino and more.
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Sports Nutrition Market In South America 2022-2026: Segmentation
Sports nutrition market in South America is segmented as below:
- Product
- Non-protein Sports Nutrition
- Protein Powder
- Protein Ready To Drink (RTD)
- Protein Bar
- Distribution Channel
- Offline
- Online
The sports nutrition market in South America is driven by Increasing healthy lifestyle changes, rise in the number of people who engage in recreational activities, and rise in the number of athletes and bodybuilders. In addition, other factors such as the increasing awareness of the advantages of protein-based sports nutrition products are expected to trigger the sports nutrition market in South America toward witnessing a CAGR of over 8.50% during the forecast period.
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Latest Drivers & Trends Driving the Market-
- Sports Nutrition Market in South America Key Driver:
- Increasing healthy lifestyle changes:
- The expanding number of fitness centers and gyms around the world, which act as essential distribution channels for these commodities, has increased demand for sports supplements. Consumers are increasingly focused on living a healthy lifestyle that allows them to maintain their physical fitness while reducing their chance of developing lifestyle disorders and chronic diseases. In addition, rising healthcare costs and urbanization are likely to boost market growth over the forecast period.
- Sports Nutrition Market in South America Key Trend:
- Increasing awareness of the advantages of protein-based sports nutrition products:
Low-calorie sports snacks and beverages prepared with natural components like stevia and other sugar alternatives are becoming popular in South America. Protein/energy bars have increased at the fastest rate in the sports nutrition category. Furthermore, a flood of new sports nutrition products are reaching the market in South America, fueling the industry.
Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.
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Sports Nutrition Market Scope in South America |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.50% |
Market growth 2022-2026 |
$ 1.33 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.82 |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Abbott Laboratories, AJE, Amway Corp., BRG SUPPLEMENTOS NUTRICIONAIS LTDA, Glanbia Plc, GNC Holdings Inc., Herbalife Nutrition Ltd., Nutribrands, PepsiCo Inc., and The Coca-Cola Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key finding 2
Exhibit 03: Key finding 5
Exhibit 04: Key finding 6
Exhibit 05: Key finding 7
Exhibit 06: Key Finding 8
2. Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market characteristics
2.2 Value chain analysis
Exhibit 09: Value chain analysis
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Primary processing
2.2.4 Secondary and tertiary processing
2.2.5 Outbound logistics
2.2.6 End-customers
2.2.7 Marketing and sales
2.2.8 Services
2.2.9 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 – 2026
Exhibit 12: South America – Market size and forecast 2021 – 2026 ($ million)
Exhibit 13: South America market: Year-over-year growth 2021 – 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 14: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 15: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 16: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 17: Threat of new entrants
4.5 Threat of substitutes
Exhibit 18: Threat of substitutes
4.6 Threat of rivalry
Exhibit 19: Threat of rivalry
4.7 Market condition
Exhibit 20: Market condition – Five forces 2021
5. Market Segmentation by Product
5.1 Market segments
The segments covered in this chapter are:
- Non-protein sports nutrition
- Protein powder
- Protein ready to drink (RTD)
- Protein bar
Exhibit 20: Product – Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 22: Comparison by Product
5.3 Non-protein sports nutrition – Market size and forecast 2021-2026
Exhibit 23: Non-protein sports nutrition – Market size and forecast 2021-2026 ($ million)
Exhibit 24: Non-protein sports nutrition – Year-over-year growth 2021-2026 (%)
5.4 Protein powder – Market size and forecast 2021-2026
Exhibit 25: Protein powder – Market size and forecast 2021-2026 ($ million)
Exhibit 26: Protein powder – Year-over-year growth 2021-2026 (%)
5.5 Protein ready to drink (RTD) – Market size and forecast 2021-2026
Exhibit 27: Protein ready to drink (RTD) – Market size and forecast 2021-2026 ($ million)
Exhibit 28: Protein ready to drink (RTD) – Year-over-year growth 2021-2026 (%)
5.6 Protein bar – Market size and forecast 2021-2026
Exhibit 29: Protein bar – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Protein bar – Year-over-year growth 2021-2026 (%)
5.7 Market opportunity by Product
Exhibit 31: Market opportunity by Product
6. Market Segmentation by Distribution channel
6.1 Market segments
The segments covered in this chapter are:
- Offline
- Online
Exhibit 32: Distribution channel – Market share 2021-2026 (%)
6.2 Comparison by Distribution channel
Exhibit 33: Comparison by Distribution channel
6.3 Offline – Market size and forecast 2021-2026
Exhibit 34: Offline – Market size and forecast 2021-2026 ($ million)
Exhibit 35: Offline – Year-over-year growth 2021-2026 (%)
6.4 Online – Market size and forecast 2021-2026
Exhibit 36: Online – Market size and forecast 2021-2026 ($ million)
Exhibit 37: Online – Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Distribution channel
Exhibit 38: Market opportunity by Distribution channel
7. Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
7.1 Overview
Exhibit 39: Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing healthy lifestyle changes
8.1.2 Rise in the number of people who engage in recreational activities
8.1.3 Rise in the number of athletes and bodybuilders
8.2 Market challenges
8.2.1 Product recalls
8.2.2 Lack of awareness in underdeveloped countries
8.2.3 Irregular product penetration
Exhibit 40: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing awareness of the advantages of protein-based sports nutrition products
8.3.2 Growing urbanization in South American countries
8.3.3 Increase in disposable income
9. Vendor Landscape
9.1 Competitive scenario
9.2 Overview
Exhibit 41: Vendor landscape
9.3 Landscape disruption
Exhibit 42: Landscape disruption
Exhibit 43: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 44: Vendors covered
10.2 Market positioning of vendors
Exhibit 45: Market positioning of vendors
10.3 Abbott Laboratories
Exhibit 46: Abbott Laboratories – Overview
Exhibit 46: Abbott Laboratories – Overview
Exhibit 47: Abbott Laboratories – Business segments
Exhibit 48: Abbott Laboratories – Key offerings
Exhibit 49: Abbott Laboratories – Segment focus
10.4 AJE
Exhibit 50: AJE – Overview
Exhibit 51: AJE – Product and service
Exhibit 52: AJE – Key offerings
10.5 Amway Corp.
Exhibit 53: Amway Corp. – Overview
Exhibit 54: Amway Corp. – Business segments
Exhibit 55: Amway Corp. – Key offerings
Exhibit 56: Amway Corp. – Segment focus
10.6 Glanbia Plc
Exhibit 60: Glanbia Plc – Overview
Exhibit 61: Glanbia Plc – Business segments
Exhibit 62: Glanbia Plc – Key offerings
Exhibit 63: Glanbia Plc – Segment focus
10.7 GNC Holdings Inc.
Exhibit 64: GNC Holdings Inc. – Overview
Exhibit 65: GNC Holdings Inc. – Business segments
Exhibit 66: GNC Holdings Inc. – Key offerings
Exhibit 67: GNC Holdings Inc. – Segment focus
10.8 Herbalife Nutrition Ltd.
Exhibit 68: Herbalife Nutrition Ltd. – Overview
Exhibit 69: Herbalife Nutrition Ltd. – Product and service
Exhibit 70: Herbalife Nutrition Ltd. – Key offerings
10.9 Nutribrands
Exhibit 71: Nutribrands – Overview
Exhibit 72: Nutribrands – Product and service
Exhibit 73: Nutribrands – Key offerings
10.10 PepsiCo Inc.
Exhibit 74: PepsiCo Inc. – Overview
Exhibit 74: PepsiCo Inc. – Overview
Exhibit 76: PepsiCo Inc. – Key offerings
Exhibit 77: PepsiCo Inc. – Segment focus
10.11 The Coca-Cola Co.
Exhibit 78: The Coca-Cola Co. – Overview
Exhibit 79: The Coca-Cola Co. – Business segments
Exhibit 80: The Coca-Cola Co. – Key offerings
Exhibit 81: The Coca-Cola Co. – Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 82: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 83: Research Methodology
Exhibit 84: Validation techniques employed for market sizing
Exhibit 85: Information sources
11.4 List of abbreviations
Exhibit 86: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio