Sports Nutrition Market In Brazil to increase by USD 312.23 million between 2023 to 2028- Technavio

NEW YORK, Oct. 30, 2023 /PRNewswire/ — The sports nutrition market in Brazil size is expected to grow by USD 312.23 million from 2023 to 2028, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 7.45% during the forecast period. Growing awareness of health and fitness is notably driving the sports nutrition market in Brazil. However, factors such as quality and safety concerns related to sports nutrition products may impede market growth. The market is segmented by application (post-workout, pre-workout, and others), distribution channel (offline and online), and product (non-protein sports nutrition, protein powder, protein RTD, and protein bar). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format

Key Segment Analysis

The market share growth by the post-workout segment is significant during the forecast period. Factors such as the increased awareness regarding the benefits of sports nutrition in overcoming issues caused during the workout, such as dehydration is significantly contributing to the growth of this segment. In addition, the main objective of post-workout sports nutrition is to support the body’s recovery by supplying essential nutrients to replenish those that have been lost during vigorous physical activity. Furthermore, carbohydrates are also added in post-workout nutrition supplement products as they help in the body’s ability to replace energy used during the workout. Therefore, the increasing number of people participating in sports and other physical activities in Brazil due to rising awareness of the importance of physical health fuels the growth of this segment which in turn drives the market growth in Brazil during the forecast period.

To know additional highlights and key points on various market segments and their impact in coming years, View the PDF Sample Report.

Company Insights

The sports nutrition market in Brazil is concentrated, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including: Abbott Laboratories, BRG SUPLEMENTOS NUTRICIONAIS LTDA, Glanbia plc, Max Muscle Nutrition, MAX TITANIUM, MusclePharm, NCS Suplementos, and PepsiCo Inc.

View the PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

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Sports Nutrition Market In Brazil Scope
Report Coverage	Details
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 7.45%
Market Growth 2024-2028	USD 312.23 million
Market structure	Concentrated
YoY growth 2022-2023 (%)	7.09
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Abbott Laboratories, BRG SUPLEMENTOS NUTRICIONAIS LTDA, Glanbia plc, Max Muscle Nutrition, MAX TITANIUM, MusclePharm, NCS Suplementos, and PepsiCo Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Distribution Channel

Market Segmentation by Product

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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