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
Market Segmentation
By Product Type:
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:
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
Growth Challenges
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The Brazil Sports Nutrition Market is projected to grow at a CAGR of around 4.6% during 2022-27.
A. Sports Supplements is expected to grow at the fastest rate and is projected to maintain its significant market share.
A. Rising concern regarding fitness & health and burgeoning demand for sports nutrition among lifestyle users are the key factors driving the Brazil Sports Nutrition Market growth.
A. Post-Covid-19 Pandemic, the Brazil Sports Nutrition Market will grow significantly owing to the increasing demand for products that can help in weight management and immunity enhancement.
