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Latin America Sports Nutrition Market

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Latin America Sports Nutrition Market By Distribution Channel (Fitness Institutions, Large Retail & Mass Merchandisers, Small Retail, Drug & Specialty Stores, Online)
Latin America Sports Nutrition Market is still in the growing stages
Overview
Sports nutrition refers to the consumption of nutrients including vitamins, minerals,
supplements and natural materials that incorporate carbohydrates, proteins & fats. Sports
activities nutrition merchandise, such as sports beverages, sports activities meals & sports
dietary supplements are developed for and ate up by using athletes and bodybuilders to
improve their common health, performance, and muscle growth. Sports activities beverages
are usually fed on by athletes to top off the water stage within the body. Those merchandises
are increasingly more attracted by means of lifestyle and recreational users. Currently, the
developing international locations represent a massive growth capability for this merchandise
as a result of rapid urbanization, increasing disposable earnings, and a better percentage of the
younger population.
Sports nutrition merchandise, inclusive of sports activities liquids, dietary supplements, and
food that encompass protein powders, Isotonic drink powder, tablet/pills (creatine/branched
chain amino acids and others), supplement powder, ready-to-drink protein beverages,
carbohydrate beverages, protein bars, carbohydrate/strength bars and other supplements.
These merchandises are developed for and fed on with the aid of athletes and bodybuilders to
improve their ordinary fitness, overall performance, and muscle growth. Sports activities drinks
have been conventionally utilized by athletes to refill the water stage in the body. Bodybuilders
are the essential users of sports activities dietary supplements.
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The Latin America sports activities nutrition market length became around USD 3.79 billion in
2016. It is anticipated to develop at a CAGR of 7.5% to attain USD 5.44 billion by means of 2021.
It captures 12% of the global market.
Drivers and Restraints:
The sports activities nutrition market is expected to witness vast growth in the forecast period
on account of increasing demand from a lately rising way of life and recreational customers’
organization. In addition, growing health cognizance coupled with increasing number of fitness
clubs and health centers is also expected to enhance this market in the forecast duration. Other
than this, rapid urbanization, growing disposable earnings augmented with more and more
buying sports vitamins merchandise as healthy snacks as part of the weight-reduction plan also
are predicted to enhance the increase in sports vitamins market.
The high quantity of reasonably-priced counterfeit merchandise influences sales of reputed
agencies and consequently, availability of those merchandises is predicted to restriction the
growth of sports nutrients market. Expansion of distribution channel is likewise anticipated to
be an opportunity for growth in this market in coming six years.
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Geographic Segmentation
The Latin America sports vitamins market is analyzed throughout Brazil, Chile, Argentina, and
others. This area is anticipated to witness a healthful growth in this market in the
aforementioned forecast period. The increase in this place is frequently supported by benefits
from international-magnificence health, immoderate earning, and athletics infrastructure.
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The major share holders of the market include PepsiCo Inc., The Coca-Cola Company, Abbott
Nutrition Inc., Glanbia Plc., Reckitt Benckiser Group plc, Yakult Honsha Co Ltd, Post Holdings,
Inc., GNC Holdings, Clif Bar & Company, and Otsuka Pharmaceuticals Co., Ltd. Other players in
the value chain include GlaxoSmithKline PLC, Atlantic Multipower UK Limited, Olimp
Laboratories, Ultimate Nutrition Inc., and PowerBar Europe GmbH.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of
market potential and forecasts with utmost granularity. Along this, the factors influential in
effecting the market dynamics and trends are discussed in detail at the product level. Further,
the performance of the market at the regional and country-level is assessed and the prospects
with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategical activities of
the market players delineating the key developments like mergers & acquisitions,
collaborations and an evaluation of the competitive environment within the industry are
provided. The report also offers a broad outlook of the market along with recommendations
from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and
experience in designing custom reports to meet your specific research needs and assist you in
making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Author
Bhargav
Bhargav410   documents Email
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Category
Business and Leadership
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Tags
latin, Sports Nutrition Market, Sports Nutrition
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