Latin America Whey Protein Market 2024 – 2030: Market Trends

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The Latin America Whey Protein Market size is estimated to grow at a CAGR of around 8.8% during the forecast period, i.e., 2024-30.

Latin America Whey Protein Market Driver:

Rising Fitness Trends & Increasing Health Consciousness – People in Latin America have started incorporating protein supplements into their diets to achieve fitness goals and overall health and well-being. This has caused increased demand for whey proteins in the region and has accelerated the overall Latin America Whey Protein Market. The market growth is further supported by the extensive presence of gyms and fitness centers across the region, where gym trainers often recommend people incorporate protein products into their diet alongside regular workouts to enhance performance. Consequently, the demand for whey protein products has increased across various Latin American countries, such as Mexico, Brazil, etc., and has accelerated the growth & development of the Whey Protein Industry in Latin America.

Also, the increased smartphone penetration has led more individuals in Latin American countries who are willing to stay healthy to access digital health and wellness apps that provide them with calorie tracking and advice on nutrition and fitness. These apps often design nutrition plans for individuals, which also involve giving suggestions to include protein in their diet for optimal health and longevity. As a result, the consumption of whey protein products has surged in the region and has propelled the overall Latin America Whey Protein Market.

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Key Market Reports Highlights

  • Market Dimensions & Projections
  • Pricing Evaluation
  • Recent Strategic Moves by Companies
  • Primary Stakeholders
  • Import/Export Trend Analysis
  • Competitive Landscape Assessment
  • Emerging Opportunities
  • Market Trends and Indicators

 

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Browse Full Report including (TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/latin-america-whey-protein-market.html

Latin America Whey Protein Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

  • By Product Type
    • Whey Protein Concentrate (WPC)- Market Size & Forecast 2019-2030, USD Million
    • Whey Protein Isolate (WPI)- Market Size & Forecast 2019-2030, USD Million
    • Whey Protein Hydrolysate (WPH)- Market Size & Forecast 2019-2030, USD Million
  • By Application
    • Sports Nutrition- Market Size & Forecast 2019-2030, USD Million
    • Food & Beverages- Market Size & Forecast 2019-2030, USD Million
    • Dietary Supplements- Market Size & Forecast 2019-2030, USD Million
    • Animal Feed- Market Size & Forecast 2019-2030, USD Million
  • By Sales Channel
    • Online Stores- Market Size & Forecast 2019-2030, USD Million
    • Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million
    • Pharmacies- Market Size & Forecast 2019-2030, USD Million
    • Specialty Stores- Market Size & Forecast 2019-2030, USD Million
  • By Country
    • Mexico
    • Brazil
    • Argentina
    • Columbia
    • Chile
    • Rest of Latin America

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including –   Arla Foods Ingredients Group P/S, Glanbia PLC, Carbery Group, LACTALIS Ingredients, Agropur Cooperative, BellRing Brands, Inc. (Dymatize Enterprises, LLC), FrieslandCampina, Max Titanium, Integralmedica, 3VS Nutrition, and others

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