Brazil Sports Nutrition Market Research Report: Forecast (2022-2027)
By Product Type (Sports Drink {Isotonic, Hypotonic, Hypertonic}, Sports Supplements {Probiotics, Omega -3, Carbohydrates, Protein, Vitamin, Minerals, Amino Acids}, Sports Foods {Pr......otein Bars, Energy Bars, Protein Gels}), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Fitness Institutions, Online Stores, Others), By End-User (Athletes, Bodybuilders, Recreational Users, Lifestyle Users), By Region (North, Northeast, South, Southeast, Central West), By Competitors (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) Read more
- Food & Beverages
- Dec 2021
- Pages 121
- Report Format: PDF, Excel, PPT
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
- Due to the Covid-19 pandemic in 2020, the Brazil Sports Nutrition Market witnessed a significant decline in sales.
- The imposition of lockdown & stringent movement restrictions to curb the virus spread resulted in the closure of gyms and the suspension of sports competitions.
- As a result, it hampered the possibilities of exercising & practicing sports, due to which the sales & production of nutrition products declined critically.
- Moreover, reduced income amidst the crisis influenced people to readjust their priorities and limit their spending on essential products.
- Lockdown measures compelled people to remain at home without any physical work that made them put on weight.
- It, in turn, surged the demand for sports nutrition products for weight management among them, and the same trend is expected to continue in the coming years.
Market Segmentation
By Product Type:
- Sports Drinks
- Sports Supplements
- Sports Foods
Mounting Demand for Sports Supplements to Boost the Market through 2027
Brazil is witnessing an increasing consumption of Sports Supplements, especially Vitamins & Minerals, by bodybuilders & athletes for several applications, including muscle growth, strength gaining, recovery, and endurance. In addition to this, mounting awareness among recreational & lifestyle users regarding fitness & a healthy diet has also propelled the demand for sports supplements.
The easy availability of sports supplements at supermarkets, convenience stores, and online platforms is another crucial factor fueling their sales across the country. They can be marketed in different forms like powders, capsules, & pills and are gaining immense popularity for weight management & immunity enhancement application. Hence, these aspects are aiding the demand for sports supplements among the Brazilian population and, in turn, driving the market.
By Distribution Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Fitness Institutions
- Online Stores
Rising Inclination of Brazilians toward Online Stores to Contribute Significantly to the Market Growth
The unprecedented Covid-19 pandemic has provided a new perspective to businesses & consumers. The shutdown of brick-and-mortar shops has forced organizations to switch to online channels. Hence, companies operating in the sports nutrition market are now revamping their marketing strategies to increase their popularity & sales through online platforms.
Further, the rising trend of online fitness channels and rapid social media penetration is also propelling online sales of sports nutrients. Moreover, market players providing incredible discounts to customers on purchasing sports nutrition products through online platforms is another crucial aspect fueling the overall market growth.
Another prominent aspect aiding the online sales of sports nutrients is the health clubs & fitness centers promoting their products through various online campaigns by targeting consumers and offering them attractive offers on signing up their membership.
Market Dynamics:
Key Drivers
- Mounting number of fitness centers & health clubs.
- Surging inclination toward sedentary lifestyles favoring the demand for sports nutrients
- Burgeoning popularity of sports nutrition products, especially among lifestyle & recreational users
Growth Challenges
- Rising trend of counterfeit nutrition products
- Stringent food safety regulations restraining new brands to enter the market
Key Questions Answered in the Market Research Report:
- What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Brazil Sports Nutrition Market?
- What is the industry size, growth drivers, and challenges?
- What are the key innovations, opportunities, current & future trends, and regulations in the Brazil Sports Nutrition Market?
- Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Brazil Sports Nutrition Market based on a competitive benchmarking matrix?
- What are the key results derived from surveys conducted during the Brazil Sports Nutrition Market study?
Frequently Asked Questions
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Executive Summary
- Impact of COVID-19 on Brazilian Sports Nutrition Market
- Brazil Sports Nutrition Market Policies and Regulations
- Brazil Sports Nutrition Market Dynamics
- Drivers
- Challenges
- Impact Analysis
- Brazil Sports Nutrition Market Trends & Insights
- Brazil Sports Nutrition Market Key Strategic Imperatives for Growth and Success
- Brazil Sports Nutrition Outlook, 2017-2027
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- Sports Drink
- Isotonic
- Hypotonic
- Hypertonic
- Sports Supplements
- Probiotics
- Omega -3
- Carbohydrates
- Protein
- Vitamin
- Minerals
- Amino Acids
- Sports Foods
- Protein Bars
- Energy Bars
- Protein Gels
- Sports Drink
- By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Fitness Institutions
- Online Stores
- Other Distribution Channels
- By End-User
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
- By Region
- North
- Northeast
- South
- Southeast
- Central west
- By Company
- Revenue Shares By Competitors
- Revenue Shares by Brands
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Product Type
- Market Size & Analysis
- Brazil Sports Drink Market Outlook, 2017-2027
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Fitness Institutions
- Online Stores
- Other Distribution Channels
- By End-User
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
- By Region
- North
- Northeast
- South
- Southeast
- Central West
- By Distribution Channel
- Market Size & Analysis
- Brazil Sports Supplements Market Outlook, 2017-2027
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Fitness Institutions
- Online Stores
- Other Distribution Channels
- By End-User
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
- By Region
- North
- Northeast
- South
- Southeast
- Central West
- By Distribution Channel
- Market Size & Analysis
- Brazil Sports Food Market Outlook, 2017-2027
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Fitness Institutions
- Online Stores
- Other Distribution Channels
- By End-User
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
- By Region
- North
- Northeast
- South
- Southeast
- Central West
- By Distribution Channel
- Market Size & Analysis
- Competitive Benchmarking
- Competitive Matrix
- Brand Specialization
- Target Market
- Target End-User (Market & End Users)
- Research and Development
- Strategic Alliance
- Strategic Initiative
- Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
- 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
- Competitive Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
