Explore Mexico Sports Nutrition Market | Growth, Demand & Competitive Analysis

MarkNtel Advisors recently published a detailed industry analysis of The Mexico Sports Nutrition Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Mexico Sports Nutrition Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027

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

Key Findings in Mexico Sports Nutrition Market:

• Historical Analysis: 2017–2020
• Base Year: 2021
• Forecast Period: 2022–2027

Leading Market Players- 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

Key Highlights of the Report

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

What are the major Driver the Mexico Sports Nutrition Market?

Opening of Gyms during Post COVID-19 Recovery- After seeing solid current value growth during most of the review period, sports nutrition saw a negligible decline in 2020 due to the temporary closure of gyms & the negative economic impact of measures taken to control COVID-19. The loss of jobs & pay cuts forced consumers to reduce their spending, leading to a prioritization of necessities & fewer purchases of sports nutrition products. Besides, those who continued to buy often traded down to less expensive brands. Furthermore, many people slowed down their training pace, therefore, their demand for sports nutrition lessened, leading to volume declines in most categories.

Moreover, the outburst of COVID-19 negatively affected the dietary intake, fitness, and training of athletes, bodybuilders, and lifestyle users as the closure of gyms & fitness centers resulted in the reduction of their physical activity. Hence, this increased the problem of overweight & other health-related issues among the population, which as a result showed a steep decline in the Sports Nutrition market. However, as the situation recovered post-COVID-19, the gym owners started their fitness facilities which have been motivating the athletes, bodybuilders, and other fitness-oriented individuals to regain their interest in sports nutrition, fitness, and losing weight. Consequently, this post-COVID-19 recovery countersigned the strongest growth for sports protein powders & protein/energy bars, as consumers are more focused on their physical progress & health. Thus, these initiatives intensified the Sports Nutrition market in Mexico on a large scale.

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What segments define The Mexico Sports Nutrition Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?

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

According to report, Of them all, the Sports drinks captured a considerable share in the Mexico Sports Nutrition market during the historical period.

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Fitness Institutions
• Online Stores
• Other Distribution Channels

According to report, Among them, the Supermarkets solely dominated the Sports Nutrition market in 2021.

By End-User

• Athletes
• Bodybuilders
• Recreational Users
• Lifestyle Users

According to report, Of them all, the Fitness & Sports industry has shown exponential growth during the historical period.

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

According to report, Among the three, the Middle Income Group accounts for the largest share in terms of population size in the country.

Explore the Complete Mexico Sports Nutrition Market Analysis Report – https://www.marknteladvisors.com/research-library/mexico-sports-nutrition-market.html

Geographical Analysis: Mexico Sports Nutrition Market

By Region  

• Mexico City
• Monterrey
• Veracruz
• Puebla
• Others

Key Questions Addressed in This Study

• What are the primary factors driving the growth of The Mexico Sports Nutrition Market?
• How is The Mexico Sports Nutrition Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/mexico-sports-nutrition-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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