Mexico Protein Supplements Market Size & Outlook
Mexico protein supplements market, 2018-2030 (US$M)
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Mexico protein supplements market highlights
- The Mexico protein supplements market generated a revenue of USD 231.3 million in 2023 and is expected to reach USD 385.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.6% 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 231.3 million |
| Market revenue in 2030 | USD 385.7 million |
| Growth rate | 7.6% (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, Mexico accounted for 3.6% 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 North America, U.S. protein supplements market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,519.1 million by 2030.
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Protein Supplements Market Scope
Protein Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 68.09% in 2023. Horizon Databook has segmented the Mexico protein supplements market based on animal based, plant based covering the revenue growth of each sub-segment from 2018 to 2030.
The high obesity rate in Mexico has led to an increased interest in fitness among the population. This scenario has created a growing market for health and wellness products, including protein supplements.
Additionally, the Mexican government has taken steps to combat the obesity epidemic by implementing policies to encourage healthy eating and physical activity, which is further driving the demand for protein supplements and other health and wellness products.
Mexico has seen a rise in fitness culture in recent years, with more people becoming interested in exercise and healthy lifestyles. This has led to a greater demand for protein supplements to support muscle growth and recovery.
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Target buyers of Mexico protein supplements market databook
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Our clientele includes a mix of protein supplements market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Mexico protein supplements market , including forecasts for subscribers. This country databook contains high-level insights into Mexico protein supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico protein supplements market size, by source, 2018-2030 (US$M)
Mexico Protein Supplements Market Outlook Share, 2023 & 2030 (US$M)
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