Brazil Pre-Workout Supplements Market Outlook (2018 to 2032)
Synopsis
The above chart is Brazil Pre-Workout Supplements Market Outlook (2018 to 2032)
Market Dynamics
brazil is strategically placed in the world of sports nutrition and wellness industry. it is the largest market in latin america and one of the fastest growing in the world. consequently, the demand for pre-workout supplements has been steadily increasing since the mid of 2017.
pre-workout supplements are ingested just before a workout session to provide an extra source of energy. the goal of these supplements is to help build strength and endurance by optimising nutrient uptake, providing increased blood flow and reducing fatigue. the product range includes amino acids, electrolytes, vitamins, minerals and herbs as well as a variety of other compounds designed to boost performance.
in recent years, the brazilian pre-workout supplements market has been experiencing an unprecedented surge in demand. the market is estimated to be valued at us$ 37 million in 2018, and expected to grow at an annual rate of more than 7% through core 2032. demand emanating from athletes, fitness conscious individuals and working professionals continue to be the primary driving forces behind the sustained growth of the sector.
an advanced supply-chain infrastructure consisting of distributors, suppliers, retailers, e-commerce portals and online stores has further helped to fuel the expansion of the market. additionally, leading international players such as universal nutrition, optimum nutrition, muscle pharm, twinlab and muscletech have been actively introducing their products in brazil, in line with rising consumer awareness and higher disposable income levels among the population.
in order to stay ahead in the competitive landscape, innovative product flavours, combinations and packaging formats are being introduced with greater frequency, thereby offering customers with a wide range of options to choose from. moreover, with the brazilian economy being in its nascent stage of development, the prospects for the pre-workout supplements market remain extremely bright in the upcoming decade.