Sports Nutrition Market in South America by Product and Distribution Channel - Forecast and Analysis 2022-2026

Published: Feb 2022 Pages: 120 SKU: IRTNTR72299

The sports nutrition market share in South America is expected to increase by USD 1.33 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.50%.

This sports nutrition market in South America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the sports nutrition market in South America segmentation by product (non-protein sports nutrition, protein powder, protein ready to drink (RTD), and protein bar) and distribution channel (offline and online).

What will the Sports Nutrition Market Size in South America be During the Forecast Period?

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The sports nutrition market in South America report also offers information on several market vendors, including Abbott Laboratories, AJE, Amway Corp., BRG SUPPLEMENTOS NUTRICIONAIS LTDA, Glanbia Plc, GNC Holdings Inc., Herbalife Nutrition Ltd., Nutribrands, PepsiCo Inc., and The Coca-Cola Co. among others.

What are the Revenue-generating Product Segments in the Sports Nutrition Market in South America?

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The sports nutrition market share growth in South America by the non-protein sports nutrition segment will be significant during the forecast period. The significant increase in the demand for non-protein calories to strike a balance between energy and protein in the form of the non-protein calorie-to-nitrogen ratio will drive the segment growth in the coming years. They may also be required for those with protein metabolism disorders including homocystinuria and phenylketonuria.

This report provides an accurate prediction of the contribution of all the segments to the growth of the sports nutrition market size in South America and actionable market insights on post COVID-19 impact on each segment.

Sports Nutrition Market in South America: Key Drivers, Trends, and Challenges

The increasing healthy lifestyle changes are notably driving the sports nutrition market growth in South America, although factors such as product recalls may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the sports nutrition industry in South America. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Sports Nutrition Market Driver in South America 

One of the key factors driving the sports nutrition market growth in South America is the increasing healthy lifestyle changes, particularly in order to keep in shape and be fit physically. This is supported by the increasing number of health clubs and gyms and rising memberships in them. Thus, the demand for sports supplements has also grown with the growing number of fitness centers and gyms across the world, which serve as key distribution channels for these goods. Consumers are increasingly focusing on leading a healthy lifestyle that helps them retain their physical fitness while lowering their risk of developing lifestyle disorders and chronic diseases. Growing healthcare costs and rising urbanization are also expected to support the market growth in the forecast period.

Key Sports Nutrition Market Trend in South America

Another key factor driving the sports nutrition market growth in South America is the increasing awareness of the advantages of protein-based sports nutrition products. The demand for low-calorie sports snacks and beverages that are made using natural ingredients like stevia and other sugar substitutes is also increasing. In the sports nutrition category, protein/energy bars have grown at the quickest rate. Furthermore, the South American sports nutrition market is fueled by a slew of new sports nutrition products hitting the market. For instance, Integralmédica, one of Brazil's leading firms in the sports nutrition category, has been expanding owing to the success of the launch of its many brands that target certain niche customers within the category. Such factors are projected to stimulate market growth during the forecast period.

Key Sports Nutrition Market Challenge in South America

One of the key challenges to the sports nutrition market growth in South America is product recalls. This is because several cases of contaminated or low-quality nutritional products have been reported, which have resulted in the recalls of such products. Product quality can be adversely affected due to issues related to the manufacturing process or due to external factors such as poor handling during product transportation and distribution. In both situations, the trust of customers is also affected. Thus, vendors must invest in promotional activities to regain that trust. This increases the expenses for vendors. Such factors are expected to limit the market growth in the coming years.

This sports nutrition market in South America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the sports nutrition market in South America as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the sports nutrition market in South America during the forecast period.

Sports Nutrition Market in South America Value Chain Analysis

Our report provides extensive information on the value chain analysis for the sports nutrition market in South America, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Who are the Major Sports Nutrition Market Vendors in South America?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • AJE
  • Amway Corp.
  • BRG SUPPLEMENTOS NUTRICIONAIS LTDA
  • Glanbia Plc
  • GNC Holdings Inc.
  • Herbalife Nutrition Ltd.
  • Nutribrands
  • PepsiCo Inc.
  • The Coca-Cola Co.

 

This statistical study of the sports nutrition market in South America encompasses successful business strategies deployed by the key vendors. The sports nutrition market in South America is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Abbott Laboratories - The company offers nutrition products such as sports nutrition bars, shakes, and supplements.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The sports nutrition market in South America forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Sports Nutrition Market Scope in South America

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.50%

Market growth 2022-2026

$ 1.33 billion

Market structure

Fragmented

YoY growth (%)

7.82

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Abbott Laboratories, AJE, Amway Corp., BRG SUPPLEMENTOS NUTRICIONAIS LTDA, Glanbia Plc, GNC Holdings Inc., Herbalife Nutrition Ltd., Nutribrands, PepsiCo Inc., and The Coca-Cola Co.

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, 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.

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What are the Key Data Covered in this Sports Nutrition Market in South America Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive sports nutrition market growth in South America during the next five years
  • Precise estimation of the sports nutrition market size in South America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sports nutrition industry in South America  
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sports nutrition market vendors in South America 

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***1. Executive Summary                         

               **1.1 Market Overview 

                              *Exhibit 01:  Key Finding 1

                              *Exhibit 02:  Key finding 2

                              *Exhibit 03:  Key finding 5

                              *Exhibit 04:  Key finding 6

                              *Exhibit 05:  Key finding 7

                              *Exhibit 06:  Key Finding 8

***2. Market Landscape                            

               **2.1 Market ecosystem             

                              *Exhibit 07:  Parent market

                              *Exhibit 08:  Market characteristics

               **2.2 Value chain analysis           

                              *Exhibit 09:  Value chain analysis

                              *2.2.1 Inputs

                              *2.2.2 Inbound logistics

                              *2.2.3 Primary processing

                              *2.2.4 Secondary and tertiary processing

                              *2.2.5 Outbound logistics

                              *2.2.6 End-customers

                              *2.2.7 Marketing and sales

                              *2.2.8 Services

                              *2.2.9 Innovations

***3. Market Sizing                      

               **3.1 Market definition

                              *Exhibit 10:  Offerings of vendors included in the market definition

               **3.2 Market segment analysis  

                              *Exhibit 11:  Market segments

               **3.3 Market size 2021 

               **3.4 Market outlook: Forecast for 2021 - 2026 

                              *Exhibit 12:  South America - Market size and forecast 2021 - 2026 ($ million)

                              *Exhibit 13:  South America market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                         

               **4.1 Five Forces Summary         

                              *Exhibit 14:  Five forces analysis 2021 & 2026

               **4.2 Bargaining power of buyers            

                              *Exhibit 15:  Bargaining power of buyers

               **4.3 Bargaining power of suppliers        

                              *Exhibit 16: Bargaining power of suppliers

               **4.4 Threat of new entrants     

                              *Exhibit 17:  Threat of new entrants

               **4.5 Threat of substitutes          

                              *Exhibit 18: Threat of substitutes

               **4.6 Threat of rivalry   

                              *Exhibit 19: Threat of rivalry

               **4.7 Market condition 

                              *Exhibit 20:  Market condition - Five forces 2021

***5. Market Segmentation by Product              

               **5.1 Market segments

                              *The segments covered in this chapter are:

  • *Non-protein sports nutrition
  • *Protein powder
  • *Protein ready to drink (RTD)
  • *Protein bar

                              *Exhibit 20:  Product - Market share 2021-2026 (%)

               **5.2 Comparison by Product    

                              *Exhibit 22:  Comparison by Product

               **5.3 Non-protein sports nutrition - Market size and forecast 2021-2026               

                              *Exhibit 23:  Non-protein sports nutrition - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 24:  Non-protein sports nutrition - Year-over-year growth 2021-2026 (%)

               **5.4 Protein powder - Market size and forecast 2021-2026         

                              *Exhibit 25:  Protein powder - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 26:  Protein powder - Year-over-year growth 2021-2026 (%)

               **5.5 Protein ready to drink (RTD) - Market size and forecast 2021-2026

                              *Exhibit 27:  Protein ready to drink (RTD) - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 28:  Protein ready to drink (RTD) - Year-over-year growth 2021-2026 (%)

               **5.6 Protein bar - Market size and forecast 2021-2026  

                              *Exhibit 29:  Protein bar - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 30:  Protein bar - Year-over-year growth 2021-2026 (%)

               **5.7 Market opportunity by Product     

                              *Exhibit 31:  Market opportunity by Product

***6. Market Segmentation by Distribution channel                    

               **6.1 Market segments

                              *The segments covered in this chapter are:

  • *Offline
  • *Online

                              *Exhibit 32:  Distribution channel - Market share 2021-2026 (%)

               **6.2 Comparison by Distribution channel           

                              *Exhibit 33:  Comparison by Distribution channel

               **6.3 Offline - Market size and forecast 2021-2026          

                              *Exhibit 34:  Offline - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 35:  Offline - Year-over-year growth 2021-2026 (%)

               **6.4 Online - Market size and forecast 2021-2026          

                              *Exhibit 36:  Online - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 37:  Online - Year-over-year growth 2021-2026 (%)

               **6.5 Market opportunity by Distribution channel            

                              *Exhibit 38:  Market opportunity by Distribution channel

***7. Customer landscape                        

                              *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

               **7.1 Overview

                              *Exhibit 39:  Customer landscape

***8. Drivers, Challenges, and Trends                  

               **8.1 Market drivers      

                              *8.1.1 Increasing healthy lifestyle changes

                              *8.1.2 Rise in the number of people who engage in recreational activities

                              *8.1.3 Rise in the number of athletes and bodybuilders

               **8.2 Market challenges              

                              *8.2.1 Product recalls

                              *8.2.2 Lack of awareness in underdeveloped countries

                              *8.2.3 Irregular product penetration

 

                              *Exhibit 40:  Impact of drivers and challenges

               **8.3 Market trends      

                              *8.3.1 Increasing awareness of the advantages of protein-based sports nutrition products

                              *8.3.2 Growing urbanization in South American countries

                              *8.3.3 Increase in disposable income

***9. Vendor Landscape                            

               **9.1 Competitive scenario        

               **9.2 Overview

                              *Exhibit 41:  Vendor landscape

               **9.3 Landscape disruption         

                              *Exhibit 42:  Landscape disruption

                              *Exhibit 43:  Industry risks

***10. Vendor Analysis               

               **10.1 Vendors covered              

                              *Exhibit 44:  Vendors covered

               **10.2 Market positioning of vendors    

                              *Exhibit 45: Market positioning of vendors

               **10.3 Abbott Laboratories        

                              *Exhibit 46:  Abbott Laboratories  - Overview

                              *Exhibit 46:  Abbott Laboratories  - Overview

                              *Exhibit 47:  Abbott Laboratories  - Business segments

                              *Exhibit 48:  Abbott Laboratories  - Key offerings

                              *Exhibit 49:  Abbott Laboratories  - Segment focus

               **10.4 AJE         

                              *Exhibit 50:  AJE  - Overview

                              *Exhibit 51:  AJE  - Product and service

                              *Exhibit 52:  AJE  - Key offerings

               **10.5 Amway Corp.     

                              *Exhibit 53:  Amway Corp. - Overview

                              *Exhibit 54:  Amway Corp. - Business segments

                              *Exhibit 55:  Amway Corp. - Key offerings

                              *Exhibit 56:  Amway Corp. - Segment focus

               **10.6 Glanbia Plc          

                              *Exhibit 60:  Glanbia Plc - Overview

                              *Exhibit 61:  Glanbia Plc - Business segments

                              *Exhibit 62:  Glanbia Plc - Key offerings

                              *Exhibit 63:  Glanbia Plc - Segment focus

                 **10.7  GNC Holdings Inc.

                              *Exhibit 64:  GNC Holdings Inc. - Overview

                              *Exhibit 65:  GNC Holdings Inc. - Business segments

                              *Exhibit 66:  GNC Holdings Inc. - Key offerings

                              *Exhibit 67:  GNC Holdings Inc. - Segment focus

               **10.8 Herbalife Nutrition Ltd.  

                              *Exhibit 68:  Herbalife Nutrition Ltd. - Overview

                              *Exhibit 69:  Herbalife Nutrition Ltd. - Product and service

                              *Exhibit 70:  Herbalife Nutrition Ltd. - Key offerings

               **10.9 Nutribrands         

                              *Exhibit 71:  Nutribrands - Overview

                              *Exhibit 72:  Nutribrands - Product and service

                              *Exhibit 73:  Nutribrands - Key offerings

               **10.10 PepsiCo Inc.     

                              *Exhibit 74:  PepsiCo Inc. - Overview

                              *Exhibit 74:  PepsiCo Inc. - Overview

                              *Exhibit 76:  PepsiCo Inc. - Key offerings

                              *Exhibit 77:  PepsiCo Inc. - Segment focus

               **10.11 The Coca-Cola Co.         

                              *Exhibit 78:  The Coca-Cola Co. - Overview

                              *Exhibit 79:  The Coca-Cola Co. - Business segments

                              *Exhibit 80:  The Coca-Cola Co. - Key offerings

                              *Exhibit 81:  The Coca-Cola Co. - Segment focus

***11. Appendix                           

               **11.1 Scope of the report         

                              *11.1.1 Market definition

                              *11.1.2 Objectives

                              *11.1.3 Notes and caveats

               **11.2 Currency conversion rates for US$            

                              *Exhibit 82:  Currency conversion rates for US$

               **11.3 Research Methodology   

                              *Exhibit 83:  Research Methodology

                              *Exhibit 84:  Validation techniques employed for market sizing

                              *Exhibit 85:  Information sources

               **11.4 List of abbreviations        

                              *Exhibit 86:  List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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