Latin America Complete Nutrition Products Market Size & Outlook

The complete nutrition products market in Latin America is expected to reach a projected revenue of US$ 592.4 million by 2028. A compound annual growth rate of 6.6% is expected of Latin America complete nutrition products market from 2021 to 2028.
Revenue, 2020 (US$M)
$355.2
Forecast, 2028 (US$M)
$592.4
CAGR, 2021 - 2028
6.6%
Report Coverage
Latin America

Latin America complete nutrition products market highlights

  • The Latin America complete nutrition products market generated a revenue of USD 355.2 million in 2020.
  • The market is expected to grow at a CAGR of 6.6% from 2021 to 2028.
  • In terms of segment, powder was the largest revenue generating product in 2020.
  • RTD Shakes is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.

Latin America data book summary

Market revenue in 2020USD 355.2 million
Market revenue in 2028USD 592.4 million
Growth rate6.6% (CAGR from 2020 to 2028)
Largest segmentPowder
Fastest growing segmentRTD Shakes
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationPowder, RTD Shakes, Bars
Key market players worldwideGlanbia PLC, Starco Brands Inc Ordinary Shares - Class A, Huel, Ladyboss, RSP Nutrition, NuMix, MuscleBlaze, Jimmy Joy, yfood Labs

Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.0% of the global complete nutrition products market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,116.6 million by 2028.

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Complete Nutrition Products Market Scope

Complete nutrition products market segmentation & scope
Powder
RTD Shakes
Bars
Hypermarkets/Supermarkets
Convenience stores
Online
Others

Complete Nutrition Products Market Companies

Name Profile # Employees HQ Website

Latin America complete nutrition products 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 complete nutrition products market will help companies and investors design strategic landscapes.


Powder was the largest segment with a revenue share of 55.38% in 2020. Horizon Databook has segmented the Latin America complete nutrition products market based on powder, rtd shakes, bars covering the revenue growth of each sub-segment from 2016 to 2028.


  • Latin America Complete Nutrition Products Product Outlook (Revenue, USD Million, 2016-2028)
    • Powder
    • RTD Shakes
    • Bars
  • Latin America Complete Nutrition Products Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
    • Hypermarkets/Supermarkets
    • Convenience stores
    • Online
    • Others

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Target buyers of Latin America complete nutrition products market databook

  • Our clientele includes a mix of complete nutrition products market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America complete nutrition products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America complete nutrition products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America complete nutrition products market size, by country, 2016-2028 (US$M)

Latin America Complete Nutrition Products Market Outlook Share, 2020 & 2028 (US$M)

Latin America complete nutrition products market size, by country, 2016-2028 (US$M)

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