Mexico B2b Sports Nutrition Market Size & Outlook
Mexico b2b sports nutrition market, 2016-2028 (US$M)
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Mexico b2b sports nutrition market highlights
- The Mexico b2b sports nutrition market generated a revenue of USD 21.8 million in 2021 and is expected to reach USD 40.8 million by 2028.
- The Mexico market is expected to grow at a CAGR of 9.4% 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 21.8 million |
| Market revenue in 2028 | USD 40.8 million |
| Growth rate | 9.4% (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, Mexico accounted for 0.7% 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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Mexico 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 73.85% in 2021. Horizon Databook has segmented the Mexico b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
In Mexico, B2B sports nutrition products are mainly consumed by fitness enthusiasts, including bodybuilders, marathon runners, and professional or even semi-professional athletes. The increase in awareness about health and wellness is prompting people to regularly play sports and engage in physical exercises.
This has led to increase in potential consumer base for B2B sports nutrition products in the country. The competitive environment in B2B sports nutrition products in Mexico is expected to remain significantly fragmented.
Omni life led the Mexico B2B sports nutrition market in terms of value in 2019, owing to strong performance by its main brands: Magnus Saw and Power Maker. However, Maxiva’s GNC continued to be the leading brand in nutrition category. Herbalife, ranked third, continues to be most active company through its marketing efforts.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Mexico b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Mexico B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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