Brazil Nutraceuticals Market Size & Outlook, 2024-2030
Brazil nutraceuticals market, 2018-2030 (US$M)
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Brazil nutraceuticals market highlights
- The Brazil nutraceuticals market generated a revenue of USD 8,672.7 million in 2023 and is expected to reach USD 18,181.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, probiotics was the largest revenue generating ingredient in 2023.
- Probiotics is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Nutraceuticals market data book summary
| Market revenue in 2023 | USD 8,672.7 million |
| Market revenue in 2030 | USD 18,181.7 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Probiotics |
| Fastest growing segment | Probiotics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aloe vera, Amino acids, Botanical Ingredients, Cannabidiol, Carbohydrates, Carnitine, Food Color, Carotenoids, Spirulina, Collagen, Colostrum, Cultures and fermentation starters, Dairy ingredients, Emulsifiers, Enzymes, Essential oils, Fat replacers, Fats and oils, Fibres, Flavours, Fruit and vegetable products, Glucosamine / Chondroitin, Isoflavones, Juices and concentrates, Krill, Lipids / Fatty Acids, Marine ingredients, Minerals, Omega-3s, Prebiotics, Probiotics, Proteins, Sweeteners, Vitamins, Whey proteins |
| Key market players worldwide | DSM, Alticor Corporate Enterprises, Pfizer Inc, Nestle SA, The Kraft Heinz Co, The Hain Celestial Group Inc, Nature's Brands, General Mills Inc, Danone SA, Tyson Foods Inc Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global nutraceuticals market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil nutraceuticals market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 6,879.0 million by 2030.
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Nutraceuticals Market Scope
Nutraceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil nutraceuticals 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 nutraceuticals market will help companies and investors design strategic landscapes.
Probiotics was the largest segment with a revenue share of 33.28% in 2024. Horizon Databook has segmented the Brazil nutraceuticals market based on aloe vera, amino acids, botanical ingredients, cannabidiol, carbohydrates, carnitine, food color, carotenoids, spirulina, collagen, colostrum, cultures and fermentation starters, dairy ingredients, emulsifiers, enzymes, essential oils, fat replacers, fats and oils, fibres, flavours, fruit and vegetable products, glucosamine / chondroitin, isoflavones, juices and concentrates, krill, lipids / fatty acids, marine ingredients, minerals, omega-3s, prebiotics, probiotics, proteins, sweeteners, vitamins, whey proteins covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the major markets in Central & South America. The country is expected to witness significant growth in the nutraceutical market owing to increase in the disposable incomes of people, which will result in increased consumption of nutraceutical products across all income groups.
Brazil has demonstrated a unique combination of rapid economic expansion along with strong prodemocratic economic programs and social policies. Nutraceuticals industry in Brazil has remained robust, followed through the country’s fast-paced decade and the recent slowdown.
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Our clientele includes a mix of nutraceuticals market companies, investment firms, advisory firms & academic institutions.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil nutraceuticals market , including forecasts for subscribers. This country databook contains high-level insights into Brazil nutraceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil nutraceuticals market size, by ingredient, 2018-2030 (US$M)
Brazil Nutraceuticals Market Outlook Share, 2024 & 2030 (US$M)
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