Brazil B2b Sports Nutrition Market Size & Outlook
Brazil b2b sports nutrition market, 2016-2028 (US$M)
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Brazil b2b sports nutrition market highlights
- The Brazil b2b sports nutrition market generated a revenue of USD 36.3 million in 2021 and is expected to reach USD 62.4 million by 2028.
- The Brazil market is expected to grow at a CAGR of 8% 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 36.3 million |
| Market revenue in 2028 | USD 62.4 million |
| Growth rate | 8% (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, Brazil accounted for 1.2% 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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Brazil 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 73.83% in 2021. Horizon Databook has segmented the Brazil b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Consumer willingness to spend on nutrition products is one of the factors positively impacting market growth in Brazil. In addition, B2B sports nutrition products containing botanical ingredients, including guarana, acai, and beetroots, are popular among Brazilian consumers.
Under new regulatory legislation, B2B sports nutrition companies in Brazil are able to launch new products that focus on convenience and ease-of-use for consumers. Instead of manufacturing a product with a larger number of ingredients, majority of companies are focusing on products that contain fewer ingredients in a single dose, such as a mix of different amino acids or caffeine added BCAA.
A new framework for sports supplements is being drafted in Brazil, which is likely to boost demand in the B2B sports nutrition market. However, the COVID-19 pandemic coupled with challenging economic scenario in Brazil has impacted sales in recent times.
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Our clientele includes a mix of b2b sports nutrition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Brazil b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Brazil B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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