Mexico Sports Nutrition Market to Grasp Excellent Growth by 2027

MarkNtel Advisors has released a research report on the Mexico Sports Nutrition Market Size, Share, Analysis, Research, Report 2027. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.

Mexico Sports Nutrition Market Insights:

The Mexico Sports Nutrition market is projected to grow at a CAGR of around 1.53% during the forecast period, i.e., 2022-27.

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Potential Challenges: High Obesity Rate to Hamper the Market Growth

Obesity is one of the major health concerns among the population of Mexico, where around 72% of the adults are affected by overweight obesity. Furthermore, according to the Organization for Economic Co-operation and Development, during 2020-2050, diseases related to being overweight are anticipated to contribute around 8%-9% of the total health expenditure.

Additionally, the key factor for the rising obesity rate in the country is attributed to the low physical activity of the population. According to the National Institute of Statistics and Geography, around 57.9% of the population, aged 18 years above do not participate in any physical activity. This was accounted for due to the lack of time, fatigue from work, or health problems. Hence, this has been one key challenge that restricts the expansion of the consumption of sports nutrition in the country.

However, the factors, including growing government initiatives to combat obesity in the country, adoption of healthy lifestyle routine, and participation of consumers in physical activities, are expected to flourish the Sports Nutrition market in the upcoming years.

Leading Companies Operating in the Mexico Sports Nutrition Industry:

-Abbott Laboratorios de México SA de CV

-MusclePharm Corp

-Iovate Health Sciences International Inc.

-Glanbia SA de CV

-Herbalife Nutrition

-Pronat SA de CV

-Twinlab Corp

-Hombreave SA de CV

-Weider Global Nutrition

-Universal Nutrition Inc.

-Others

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Mexico Sports Nutrition Market Categorization:

The Mexico Sports Nutrition Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

By Product Type

-Sports Drink

--Isotonic

--Hypotonic

--Hypertonic

-Sports Supplements

--Probiotics

--Omega -3

--Carbohydrates

--Protein

--Vitamin

--Minerals

--Amino Acids

-Sports Foods

--Protein Bars

--Energy Bars

--Protein Gels

By Distribution Channel

-Supermarkets/Hypermarkets

-Specialty Stores

-Convenience Stores

-Fitness Institutions

-Online Stores

-Other Distribution Channels

By End-User

-Athletes

-Bodybuilders

-Recreational Users

-Lifestyle Users

By Consumer Age Group

-Upto 10 Years

-11 to 18 Years

-19 to 25 Years

-26 to 35 Years

-36 to 40 Years

-Above 41 years

By Social Class

-Upper

-Middle

-Lower

By Region

-Mexico City

-Monterrey

-Veracruz

-Puebla

-Others

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Frequently Asked Questions (FAQs)

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We understand the mounting diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfill their assessment of the current future industry potential, identify white spaces hotspots, venture into new geographies or business segments in the future.