Mexico Sports Nutrition Market Size & Outlook, 2023-2030
Mexico sports nutrition market, 2018-2030 (US$M)
Related Markets
Mexico sports nutrition market highlights
- The Mexico sports nutrition market generated a revenue of USD 1,642.3 million in 2023 and is expected to reach USD 2,978.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, sports drinks was the largest revenue generating product in 2023.
- Sports Foods is the most lucrative product segment registering the fastest growth during the forecast period.
Sports nutrition market data book summary
| Market revenue in 2023 | USD 1,642.3 million |
| Market revenue in 2030 | USD 2,978.2 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Sports drinks |
| Fastest growing segment | Sports Foods |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Supplements, Sports Drinks, Sports Foods, Meal Replacement Products, Weight Loss Product |
| Key market players worldwide | Iovate Health Sciences International, Abbott Laboratories, Quest Nutrition, PepsiCo Inc, Mondelez International Inc Class A, The Coca-Cola Company, MusclePharm Corp, The Bountiful Company, Post Holdings Inc, Nestle SA |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.6% of the global sports nutrition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sports nutrition market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,208.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Sports Nutrition Market Scope
Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 sports nutrition market will help companies and investors design strategic landscapes.
Sports drinks was the largest segment with a revenue share of 55.79% in 2023. Horizon Databook has segmented the Mexico sports nutrition market based on sports supplements, sports drinks, sports foods, meal replacement products, weight loss product covering the revenue growth of each sub-segment from 2018 to 2030.
In Mexico, sports nutrition products are mainly consumed by fitness enthusiasts, including bodybuilders, marathon runners, and professional or even semi-professional athletes. Growing 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 sports nutrition products in the country.
The competitive environment in sports nutrition products in Mexico is expected to remain significantly fragmented. A majority of products are imported by internet retailers or independent distributors, who often drive product demand through price cuts, to gain advantage over competitors.
However, the ongoing COVID-19 pandemic has led to the suspension of various sports events followed by complete lockdown in the country, which, in turn, has negatively impacted the sports nutrition market owing to shifting health as well as financial priorities.
Reasons to subscribe to Mexico sports nutrition market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico sports nutrition market databook
-
Our clientele includes a mix of sports nutrition 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.).
-
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 sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Mexico sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico sports nutrition market size, by product, 2018-2030 (US$M)
Mexico Sports Nutrition Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
