Argentina B2b Sports Nutrition Market Size & Outlook
Argentina b2b sports nutrition market, 2016-2028 (US$M)
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Argentina b2b sports nutrition market highlights
- The Argentina b2b sports nutrition market generated a revenue of USD 15.4 million in 2021 and is expected to reach USD 31.7 million by 2028.
- The Argentina market is expected to grow at a CAGR of 10.9% from 2022 to 2028.
- In terms of segment, gyms was the largest revenue generating distribution channel in 2021.
- Fitness studios is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
B2b sports nutrition market data book summary
| Market revenue in 2021 | USD 15.4 million |
| Market revenue in 2028 | USD 31.7 million |
| Growth rate | 10.9% (CAGR from 2021 to 2028) |
| Largest segment | Gyms |
| Fastest growing segment | Fitness studios |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gyms, Fitness studios, Sports academies |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, PepsiCo Inc, MusclePharm Corp, Post Holdings Inc, Herbalife Ltd, GNC, The Bountiful Company, Clif Bar, Science in Sport, Iovate Health Sciences International |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global b2b sports nutrition market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil b2b sports nutrition market is projected to lead the regional market in terms of revenue in 2028.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 31.7 million by 2028.
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B2B Sports Nutrition Market Scope
B2B Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina b2b sports nutrition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to b2b sports nutrition market will help companies and investors design strategic landscapes.
Gyms was the largest segment with a revenue share of 74.03% in 2021. Horizon Databook has segmented the Argentina b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
The COVID-19 pandemic has led to remarkable decline in the number of memberships owing to the closing of gyms and other health centers due to strict lockdown. This, in turn, has resulted in consumer shift from stimulants & vasodilators (pre-workouts) toward supplements that provide stress-relief & general wellness.
The regulatory framework for sports supplements in Argentina is less complex in comparison with some of its neighboring countries. The National Administration of Drugs, Foods and Medical Devices (ANMAT) is responsible for protecting the quality of sports and dietary supplements in the country.
Between protein powders and sports supplements, protein bars are expected to register higher demand through various sales channels, including hypermarkets and supermarkets. This can be attributed to increasing partnerships between current players in the country, such as Arcor and Laboratorios Bago.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Argentina b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Argentina b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Argentina B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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