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Latin America Sports Food Market By Product Type (Dietary Supplement Powder, Energy Bars, Sports Food And Drinks, Protein Bars, Sports Gels), Ingredients (Vitamin, Minerals, Nutrition Supplements, Protein, Carbohydrates), Gender (Female, Male), Users (Athletic Users, Bodybuilding Users, And Recreational Users), Distribution Channel (Hypermarket And Supermarkets, Online Stores, Convenience Stores, Drug Stores) And By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 4062
Pages: 135

Latin America Sports Food Market Growth and Forecast (2022 - 2027):

The Latin America Sports Food Market Market was worth USD 8.28 billion in 2021 and estimated to be growing at a CAGR of 8.9%, to reach USD 12.69 billion by 2026.

Market Overview:

Sports nutrition consists of sports food and drinks and practice of nutrition and diet for improving one's athletic performance. It is an important part of sports training and gives strength to a person in sports like bodybuilding, weightlifting, cycling, running, swimming, rowing. Sports nutrition not only concentrate on type of food but also the quantity of fluids and food taken by an athlete.

Dietary supplements contain food ingredients such as vitamins, minerals, proteins, essential fats, carbohydrates, amino acids, herbs or other botanicals. Their constituents are taken by mouth as a pill, tablet, capsule, or liquid. Athletes may choose to consider taking dietary supplements to assist in improving their athletic performance. With the increase of celiac disease, the sports food companies are choosing ingredients such as sunflower seeds, brown rice flour, quinoa, tapioca syrup, pea and rice protein, cacao nibs to satisfy the customer needs.

Drivers and Restraints:

Increasing demand of sports and nutrition bars, rising adoption of natural ingredients, increasing demand from recently emerging lifestyle and recreational users, rising health awareness along with increasing number of health clubs and fitness centres and increase in athletic spirit are driving the growth of the Latin America Sports Market. Apart from body builders and athletic people, the general population are into using sports supplements is another reason for the growth of the sports food market. However, lack of awareness and fall in disposable income in some countries, busy lifestyle where there is no time for sports are restraining the growth of the market.

Latin America Sports Food Market Segmentation Analysis:

The Latin America Sports Food Market is segmented by Product type, Ingredients, Gender, Users, Distribution Channel and by Region. Depending on the product type, the market is categorised into dietary supplement powder, energy bars, sports food and drinks, protein Bars, sports gels. On the basis of ingredients, the market is sub segmented by vitamin, minerals, nutrition supplements, protein, carbohydrates. Depending on the users, the market is categorised into athletic users, bodybuilding users, and recreational users. Based on the distribution channel, the market is segmented into hypermarket and supermarkets, online stores, convenience stores, drug stores. Based on gender, the market is segmented into female and male. The protein-based sports food and energy sports food have the highest share relatively compared to the other segments. Online channels have the largest share due to the rising number of smartphone users and increasing penetration of Internet. In gender, the male segment has been leading the Latin America market and this trend is anticipated in the forecast period.

Region Analysis:

Geographically the Latin America Sports Food Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in the sports food market.

Key Players in the Market:

Major Key Players in the Latin America Sports Food Market are

  • Nestle SA
  • Abbott Laboratories
  • GlaxoSmithKline Plc
  • Danone S.A
  • Dr Pepper Snapple Group Inc
  • Cliff Bar & Company
  • GNC Holdings Inc
  • Red Bull GmbH
  • Monster Beverage Corp
  • The Coca-Cola Co
  • Alp snack Inc
  • The Hain Celestial Group, Inc
  • Reckitt Benckiser Group Plc
  • Glanbia Plc

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product type                              

                                5.1.1 Introduction           

                                5.1.2 Dietary supplement powder           

                                5.1.3 Energy bars             

                                5.1.4 Sports food and drinks       

                                5.1.5 Protein Bars            

                                5.1.6 Sports Gels             

                                5.1.7  Y-o-Y Growth Analysis, By Product type    

                                5.1.8  Market Attractiveness Analysis, By Product type  

                                5.1.9  Market Share Analysis, By Product type    

                5.2 Ingredients                 

                                5.2.1 Introduction           

                                5.2.2 Vitamin     

                                5.2.3 Minerals   

                                5.2.4 Nutrition supplements      

                                5.2.5 Protein     

                                5.2.6 Carbohydrates      

                                5.2.7 Y-o-Y Growth Analysis, By Ingredients        

                                5.2.8 Market Attractiveness Analysis, By Ingredients 

                                5.2.9 Market Share Analysis, By Ingredients        

                5.3 Users                            

                                5.3.1 Introduction           

                                5.3.2 Athletic users         

                                5.3.3 Bodybuilding users              

                                5.3.4 Recreational users               

                                5.3.5 Y-o-Y Growth Analysis, By Users    

                                5.3.6 Market Attractiveness Analysis, By Users  

                                5.3.7 Market Share Analysis, By Users   

                5.4 Distribution Channel                               

                                5.4.1 Introduction           

                                5.4.2 Hypermarket and Supermarkets   

                                5.4.3 Online Stores         

                                5.4.4 Convenience Stores            

                                5.4.5 Drug Stores             

                                5.4.6 Other Stores          

                                5.4.7 Y-o-Y Growth Analysis, By Distribution Channel 

                                5.4.8  Market Attractiveness Analysis, By Distribution Channel  

                                5.4.9  Market Share Analysis, By Distribution Channel 

                5.5 Gender                        

                                5.5.1 Introduction           

                                5.5.2 Male          

                                5.5.3 Female     

                                5.5.4 Y-o-Y Growth Analysis, By Gender

                                5.5.5  Market Attractiveness Analysis, By Gender 

                                5.5.6  Market Share Analysis, By Gender              

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product type

                                                6.1.3.3 By Ingredients

                                                6.1.3.4 By Gender

                                                6.1.3.5 By Users

                                                6.1.3.6 By Distribution Channel

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product type

                                                6.1.4.3 By Ingredients

                                                6.1.4.4 By Gender

                                                6.1.4.5 By Users

                                                6.1.4.6 By Distribution Channel

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product type

                                                6.1.5.3 By Ingredients

                                                6.1.5.4 By Gender

                                                6.1.5.5 By Users

                                                6.1.5.6 By Distribution Channel

                                5.3 Application 

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services  

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Nestle SA                    

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Abbott Laboratories                               

                8.3 GlaxoSmithKline Plc                

                8.4 Danone S.A                

                8.5 Dr Pepper Snapple Group Inc.,                          

                8.6 Cliff Bar & Company                                

                8.7 GNC Holdings Inc.,                   

                8.8 Red Bull GmbH                          

                8.9 Monster Beverage Corp.,                     

                8.10 The Coca-Cola Co.,                

                8.11 Alp snack Inc                            

                8.12 The Hain Celestial Group, Inc.,                         

                8.13 Reckitt Benckiser Group Plc.,                            

                8.14 Glanbia Plc                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures 

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities    

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Latin America Sports Food Market By Product type , From 2022 - 2027 ( USD Billion )
  2. Latin America Dietary supplement powder Market By Region, From 2022 - 2027 ( USD Billion )
  3. Latin America Energy Bars Market By Region, From 2022 - 2027 ( USD Billion )
  4. Latin America Sports food and drinks Market By Region, From 2022 - 2027 ( USD Billion )
  5. Latin America Protein Bars Market By Region, From 2022 - 2027 ( USD Billion )
  6. Latin America Sports Gels Market By Region, From 2022 - 2027 ( USD Billion )
  7. Latin America Sports Food Market By Ingredients, From 2022 - 2027 ( USD Billion )
  8. Latin America Vitamin Market By Region, From 2022 - 2027 ( USD Billion )
  9. Latin America Minerals Market By Region, From 2022 - 2027 ( USD Billion )
  10. Latin America Nutrition Supplements Market By Region, From 2022 - 2027 ( USD Billion )
  11. Latin America Protein Market By Region, From 2022 - 2027 ( USD Billion )
  12. Latin America Carbohydrates Market By Region, From 2022 - 2027 ( USD Billion )
  13. Latin America Sports Food Market By Gender, From 2022 - 2027 ( USD Billion )
  14. Latin America Male Market By Region, From 2022 - 2027 ( USD Billion )
  15. Latin America Female Market By Region, From 2022 - 2027 ( USD Billion )
  16. Latin America Sports Food Market By Users, From 2022 - 2027 ( USD Billion )
  17. Latin America Athletic users Market By Region, From 2022 - 2027 ( USD Billion )
  18. Latin America Bodybuilding users Market By Region, From 2022 - 2027 ( USD Billion )
  19. Latin America Recreational users Market By Region, From 2022 - 2027 ( USD Billion )
  20. Latin America Sports Food Market By Distribution Channel , From 2022 - 2027 ( USD Billion )
  21. Latin America Hypermarket and Supermarkets Market By Region, From 2022 - 2027 ( USD Billion )
  22. Latin America Online Stores Market By Region, From 2022 - 2027 ( USD Billion )
  23. Latin America Convenience Stores Market By Region, From 2022 - 2027 ( USD Billion )
  24. Latin America Drug Stores Market By Region, From 2022 - 2027 ( USD Billion )
  25. Brazil Sports Food Market By Product type , From 2022 - 2027 ( USD Billion )
  26. Brazil Sports Food Market By Ingredients, From 2022 - 2027 ( USD Billion )
  27. Brazil Sports Food Market By Gender, From 2022 - 2027 ( USD Billion )
  28. Brazil Sports Food Market By Users, From 2022 - 2027 ( USD Billion )
  29. Brazil Sports Food Market By Distribution Channel , From 2022 - 2027 ( USD Billion )
  30. Argentina Sports Food Market By Product type , From 2022 - 2027 ( USD Billion )
  31. Argentina Sports Food Market By Ingredients, From 2022 - 2027 ( USD Billion )
  32. Argentina Sports Food Market By Gender, From 2022 - 2027 ( USD Billion )
  33. Argentina Sports Food Market By Users, From 2022 - 2027 ( USD Billion )
  34. Argentina Sports Food Market By Distribution Channel , From 2022 - 2027 ( USD Billion )
  35. Mexico Sports Food Market By Product type , From 2022 - 2027 ( USD Billion )
  36. Mexico Sports Food Market By Ingredients, From 2022 - 2027 ( USD Billion )
  37. Mexico Sports Food Market By Gender, From 2022 - 2027 ( USD Billion )
  38. Mexico Sports Food Market By Users, From 2022 - 2027 ( USD Billion )
  39. Mexico Sports Food Market By Distribution Channel , From 2022 - 2027 ( USD Billion )
  40. Rest of Latin America Sports Food Market By Product type , From 2022 - 2027 ( USD Billion )
  41. Rest of Latin America Sports Food Market By Ingredients, From 2022 - 2027 ( USD Billion )
  42. Rest of Latin America Sports Food Market By Gender, From 2022 - 2027 ( USD Billion )
  43. Rest of Latin America Sports Food Market By Users, From 2022 - 2027 ( USD Billion )
  44. Rest of Latin America Sports Food Market By Distribution Channel , From 2022 - 2027 ( USD Billion )

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