Market Overview
Sports nutrients include food products made using ingredients like vitamins, minerals, vegetable starches, protein, etc., specially designed for athletes & bodybuilders to help them enhance their overall health & performance during their intense workouts by improving their nutritional intake.
According to MarkNtel Advisors, the Brazil Sports Nutrition Market is anticipated to grow at a CAGR of around 4.6% during the forecast period, i.e., 2022-27. Bodybuilders & athletes have always been the primary consumers of sports nutrition products. However, nowadays, other consumers, especially the young population group of Brazil, are inclining towards these nutrients. The growing health awareness among Brazilians is the primary aspect shifting recreational & lifestyle users' interest towards sports nutrients, thereby driving the market.
Further, the rising trend of health clubs that offer energy drinks, nutrition supplements, and protein bars as per consumer requirement, coupled with the rapidly growing social media industry, are other crucial aspects positively influencing the market growth in Brazil. Moreover, the rising concerns regarding fitness & health among the Brazil population are propelling the demand for sports nutrition. Additionally, and the introduction of new sports nutrition products to cater to all wide population needs is expected to drive the Sports Nutrition market growth in Brazil.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2017-20 |
Base Year: 2021 | |
Forecast Period: 2022-27 | |
CAGR (2022-2027) | 4.6% |
Key Companies Profiled | Integralmédica Suplementos Nutricionais Ltda, ADS Laboratório Nutricional Ltda, Supley Laboratório de Alimentos & Suplementos Nutricionais Ltda, Vida Forte Nutrientes Indústria e Comércio de Produtos Naturais Ltda, GDS Grow Dietary Supplements do Brasil, INP Indústria de Alimentos Eireli ME, GlobalBev Bebidas & Alimentos SA, Probiótica Laboratórios Ltda, Mmc Industria de Produtos Nutraceuticos Ltda, Midway International Labs Ltda, Nutricare Suplementos SA, Performance Trading Importação e Exportação e Comércio Ltda, Rainha Laboratório Nutracêutico Ltda, GT Comercial Importadora e Exportadora Ltda, Banana Brasil Ltda, Nutrilatina Laboratórios Ltda |
Unit Denominations | USD Million/Billion |
Covid-19 Impact on the Brazil Sports Nutrition Market