Brazil Protein Supplements Market Size & Outlook
Brazil protein supplements market, 2018-2030 (US$M)
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Brazil protein supplements market highlights
- The Brazil protein supplements market generated a revenue of USD 91.4 million in 2023 and is expected to reach USD 153.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, animal based was the largest revenue generating source in 2023.
- Plant Based is the most lucrative source segment registering the fastest growth during the forecast period.
Protein supplements market data book summary
| Market revenue in 2023 | USD 91.4 million |
| Market revenue in 2030 | USD 153.8 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Animal based |
| Fastest growing segment | Plant Based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal Based, Plant Based |
| Key market players worldwide | Glanbia PLC, MusclePharm Corp, Abbott Laboratories, PepsiCo Inc, NOW Foods, Transparent Labs, RSP Nutrition, Symrise AG, Quest Nutrition, Iovate Health Sciences International, AMCO Proteins, Nutrabolt, Dymatize Enterprises, BPI Sports, BRF SA ADR, Rousselot, Gelita AG, Hoogwegt |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.4% of the global protein supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil protein supplements 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 92.7 million by 2030.
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Protein Supplements Market Scope
Protein Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil protein supplements 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 protein supplements market will help companies and investors design strategic landscapes.
Animal based was the largest segment with a revenue share of 57.99% in 2023. Horizon Databook has segmented the Brazil protein supplements market based on animal based, plant based covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is a country with a strong tradition in sports, particularly soccer, and many Brazilians participate in sports and physical activities regularly. This has created a large market for protein supplements, as many people seek to enhance their performance and achieve their fitness goals.
Problems related to obesity and weight management are rising in Brazil. The Brazilian market is expected to witness considerable growth over the forecast period owing to the increasing number of health clubs and fitness centers in the country.
With respect to this, increasing investment in fitness, coupled with growing consumer awareness about the link between leading an active lifestyle and maintaining a healthy diet, is expected to fuel market growth.
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Our clientele includes a mix of protein supplements 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 protein supplements market , including forecasts for subscribers. This country databook contains high-level insights into Brazil protein supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil protein supplements market size, by source, 2018-2030 (US$M)
Brazil Protein Supplements Market Outlook Share, 2023 & 2030 (US$M)
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