Latin America Nutrition & Dietary Supplements Market Size, Share & Trends Analysis Report By Formulation, By Function (Medical Foods, Sports Nutrition), By Consumer, By Country, And Segment Forecasts, 2018 - 2025

Published: Jul, 2018 | Pages: 126 | Publisher: Grand View Research
Industry: Pharmaceuticals & Healthcare | Report Format: Electronic (PDF)

The Latin America nutrition and dietary supplements market size is expected to reach USD 47.5 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.8% over the forecast period. Growing expenditure on nutrition and dietary supplements, disposable income, and consumer awareness are some of the key market drivers. Changing regulatory framework to ensure drug safety in Latin American countries such as Mexico and Argentina is also expected to positively impact market growth in the forthcoming years.

Growing demand for nutrition and dietary supplements among geriatric population is also one of the considerable market drivers. Nutrition plays a vital role in maintaining health of geriatric population and has a significant impact on aging process. Risk of malnutrition, functional impairments, age-related diseases, and physical inabilities are prevalent among elderly population. These issues might interfere with healthy nutritional status of an individual. Thus, dependence on these supplements has increased over the past few years.

Growing middle class population coupled with high spending on nutrition and dietary supplements is a key driver for the market. There are nearly 300 million middle-class people in Latin America. This number has more than doubled over the period of past 30 years representing a rise in consumer buying power. This factor is anticipated to positively impacting market expansion over the forecast period.

Further key findings from the report suggest:

• Additional supplements segment accounted for the largest revenue share in 2016 owing to rising awareness, spending on supplements, and various initiatives undertaken to prevent malnutrition

• Powder emerged as the largest formulation segment in terms of revenue share in 2016 owing to ease of consumption as compared to other formulations. However, the others segment that includes gummies, lollipops, lozenges, and shots is projected to expand at the fastest CAGR

• Adult emerged as the largest consumer segment in 2016 while children segment is expected to witness lucrative CAGR over the forecast period

• In terms of geography, Brazil accounted for the largest revenue share in 2016. Argentina is expected to expand at the fastest CAGR in near future

• Herbalife; Bayer AG; Pfizer, Inc.; and Merck are the major players operating in the Latin America nutrition and dietary supplements market. The market is majorly dominated by multinational companies. However, domestic players are also increasingly investing in this market.

 Table of Contents

Chapter 1 Research Methodology
                  1.1 Information Procurement
                      1.1.1 Purchased database:
                      1.1.2 GVR's internal database
                  1.2 Primary Research:
                      1.2.1 List of primary sources

Chapter 2 Executive Summary
                  2.1 Latin America Market Snapshot, (USD Million), 2016

Chapter 3 Latin America Nutrition and Dietary Supplements Market Variables, Trends & Scope
                  3.1 Market Segmentation & Scope
                  3.2 Market Driver Analysis
                      3.2.1 Rising geriatric population
                      3.2.2 Growing prevalence of lifestyle diseases
                      3.2.3 Increasing purchase power
                  3.3 Market Restraint Analysis
                      3.3.1 Lack of harmonized regulatory network
                  3.4 Penetration & Growth Prospect Mapping
                  3.5 Latin America Nutrition and Dietary Supplements Market - SWOT Analysis, by Factor (Political & Legal, Economic & Technological)
                  3.6 Industry Analysis - Porter's
                  3.7 Regulatory Scenario

Chapter 4 Latin America Nutrition and Dietary Supplements Market: Formulation Estimates & Trend Analysis
                  4.1 Latin America Nutrition and Dietary Supplements Market: Formulation Movement Analysis
                  4.2 Tablet
                      4.2.1 Latin America tablet market estimates and forecasts, 2014 - 2025 (USD Million)
                  4.3 Capsules
                      4.3.1 Latin America capsules market estimates and forecasts, 2014 - 2025 (USD Million)
                  4.4 Liquid
                      4.4.1 Latin America liquid market estimates and forecasts, 2014 - 2025 (USD Million)
                  4.5 Powder
                      4.5.1 Latin America powder market estimates and forecasts, 2014 - 2025 (USD Million)
                  4.6 Soft Gel
                      4.6.1 Latin America soft gel market estimates and forecasts, 2014 - 2025 (USD Million)
                  4.7 Others
                      4.7.1 Latin America others market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 5 Latin America Nutrition and Dietary Supplements Market: Function Estimates & Trend Analysis
                  5.1 Latin America Nutrition and Dietary Supplements Market: Function Movement Analysis
                  5.2 Medical Foods
                      5.2.1 Latin America medical foods market estimates and forecasts, 2014 - 2025 (USD Million)
                  5.3 Sports Nutrition
                      5.3.1 Latin America sport nutrition market estimates and forecasts, 2014 - 2025 (USD Million)
                  5.4 Additional Supplements
                      5.4.1 Latin America additional supplements market estimates and forecasts, 2014 - 2025 (USD Million)
                      5.4.2 Dietary Supplements
                          5.4.2.1 Latin America dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
                          5.4.2.2 Vitamins
                              5.4.2.2.1 Latin America vitamins market estimates and forecasts, 2014 - 2025 (USD Million)
                          5.4.2.3 Minerals
                              5.4.2.3.1 Latin America minerals market estimates and forecasts, 2014 - 2025 (USD Million)
                          5.4.2.4 Enzymes
                              5.4.2.4.1 Latin America enzymes market estimates and forecasts, 2014 - 2025 (USD Million)
                          5.4.2.5 Amino Acid
                              5.4.2.5.1 Latin America amino acid market estimates and forecasts, 2014 - 2025 (USD Million)
                          5.4.2.6 Others
                              5.4.2.6.1 Latin America others market estimates and forecasts, 2014 - 2025 (USD Million)
                      5.4.3 Functional Foods
                          5.4.3.1 Latin America functional foods market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 6 Latin America Nutrition and Dietary Supplements Market: Consumer Type Estimates & Trend Analysis
                  6.1 Latin America Nutrition and Dietary Supplements Market: Consumer Type Movement Analysis
                  6.2 Infant
                      6.2.1 Latin America infant market estimates and forecasts, 2014 - 2025 (USD Million)
                  6.3 Children
                      6.3.1 Latin America children market estimates and forecasts, 2014 - 2025 (USD Million)
                  6.4 Adult
                      6.4.1 Latin America adult market estimates and forecasts, 2014 - 2025 (USD Million)
                  6.5 Pregnant
                      6.5.1 Latin America pregnant market estimates and forecasts, 2014 - 2025 (USD Million)
                  6.6 Geriatric
                      6.6.1 Latin America geriatric market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 7 Latin America Nutrition and Dietary Supplements Market: Country Estimates & Trend Analysis, by Formulation, Functions & Consumer Type
                  7.1 Latin America Nutrition and Dietary Supplements Market: Regional Movement Analysis
                  7.2 Latin America
                      7.2.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                      7.2.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                      7.2.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.4 Brazil
                          7.2.4.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.4.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.4.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.5 Mexico
                          7.2.5.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.5.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.5.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.6 Argentina
                          7.2.6.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.6.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.6.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.7 Chile
                          7.2.7.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.7.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.7.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.8 Columbia
                          7.2.8.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.8.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.8.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.9 Costa Rica
                          7.2.9.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.9.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.9.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)
                      7.2.10 Venezuela
                          7.2.10.1 Market estimates and forecasts, by function, 2014 - 2025 (USD Million)
                          7.2.10.2 Market estimates and forecasts, by formulation, 2014 - 2025 (USD Million)
                          7.2.10.3 Market estimates and forecasts, by consumer, 2014 - 2025 (USD Million)

Chapter 8 Competitive Landscape
                  8.1 Company Profiles
                  8.2 Herbalife International of America, Inc.
                      8.2.1 Company Overview
                      8.2.2 Financial Performance
                      8.2.3 Product Benchmarking
                      8.2.4 Strategic Initiatives
                  8.3 Amway International (Alticor Inc.)
                      8.3.1 Company Overview
                      8.3.2 Financial Performance
                      8.3.3 Product Benchmarking
                      8.3.4 Strategic Initiatives
                  8.4 Bayer AG
                      8.4.1 Company Overview
                      8.4.2 Financial Performance
                      8.4.3 Product Benchmarking
                      8.4.4 Strategic Initiatives
                  8.5 Sanofi
                      8.5.1 Company Overview
                      8.5.2 Financial Performance
                      8.5.3 Product Benchmarking
                      8.5.4 Strategic Initiatives
                  8.6 Abbott Nutrition (Abbott)
                      8.6.1 Company Overview
                      8.6.2 Financial Performance
                      8.6.3 Product Benchmarking
                      8.6.4 Strategic Initiatives
                  8.7 Nestle
                      8.7.1 Company Overview
                      8.7.2 Financial Performance
                      8.7.3 Product Benchmarking
                      8.7.4 Strategic Initiatives
                  8.8 Pfizer, Inc.
                      8.8.1 Company Overview
                      8.8.2 Financial Performance
                      8.8.3 Product Benchmarking
                      8.8.4 Strategic Initiatives
                  8.9 GNC Holdings, Inc.
                      8.9.1 Company Overview
                      8.9.2 Financial Performance
                      8.9.3 Product Benchmarking
                      8.9.4 Strategic Initiatives

List of Tables

TABLE 1 Middle income population in Latin America in 2001 and 2011
TABLE 2 Latin America nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 3 Latin America nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 4 Latin America additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 5 Latin America dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 6 Latin America nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 7 Brazil nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 8 Brazil nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 9 Brazil additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 10 Brazil dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 11 Brazil nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 12 Mexico nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 13 Mexico nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 14 Mexico additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 15 Mexico dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 16 Mexico nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 17 Argentina nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 18 Argentina nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 19 Argentina additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 20 Argentina dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 21 Argentina nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 22 Limits for energy, total sugars, saturated fats, and sodium in food products in Chile
TABLE 23 Chile nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 24 Chile nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 25 Chile additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 26 Chile dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 27 Chile nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 28 Columbia nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 29 Columbia nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 30 Columbia additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 31 Columbia dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 32 Columbia nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 33 Costa Rica nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 34 Costa Rica nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 35 Costa Rica additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 36 Costa Rica dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 37 Costa Rica nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)
TABLE 38 Venezuela nutrition and dietary supplements market, by formulation, 2014 - 2025 (USD Million)
TABLE 39 Venezuela nutrition and dietary supplements market, by function, 2014 - 2025 (USD Million)
TABLE 40 Venezuela additional supplements market, by type, 2014 - 2025 (USD Million)
TABLE 41 Venezuela dietary supplements market, by type, 2014 - 2025 (USD Million)
TABLE 42 Venezuela nutrition and dietary supplements market, by consumer type, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Latin America market summary, 2016 (USD Million)
FIG. 5 Market trends & outlook
FIG. 6 Market segmentation & scope
FIG. 7 Latin America market driver relevance analysis (Current & future impact)
FIG. 8 Latin America market restraint relevance analysis (Current & future impact)
FIG. 9 Penetration & growth prospect mapping
FIG. 10 SWOT analysis, by factor (political & legal, economic and technological)
FIG. 11 Porter's Five Forces Analysis
FIG. 12 Latin America nutrition and dietary supplements market, Formulation outlook key takeaways (USD Million)
FIG. 13 Latin America nutrition and dietary supplements market: Formulation movement analysis (USD Million)
FIG. 14 Latin America tablet market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 15 Latin America capsules market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 16 Latin America liquid market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 17 Latin America powder market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 18 Latin America soft gel market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 19 Latin America others market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 20 Latin America nutrition and dietary supplements market, Function outlook key takeaways (USD Million)
FIG. 21 Latin America nutrition and dietary supplements market: Function movement analysis (USD Million)
FIG. 22 Latin America medical foods market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 23 Latin America sport nutrition market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 24 Latin America additional supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 25 Latin America dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 26 Latin America vitamins market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 27 Latin America minerals market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 28 Latin America enzymes market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 29 Latin America amino acid market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 30 Latin America others market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 31 Latin America functional foods market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 32 Latin America nutrition and dietary supplements market, Consumer type outlook key takeaways (USD Million)
FIG. 33 Latin America nutrition and dietary supplements market: Consumer type movement analysis (USD Million)
FIG. 34 Latin America infant market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 35 Latin America children market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 36 Latin America adult market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 37 Latin America pregnant market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 38 Latin America geriatric market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 39 Regional market place: Key takeaways
FIG. 40 Latin America nutrition and dietary supplements market: Country movement analysis (USD Million)
FIG. 41 Latin America nutrition and dietary supplements market estimates and forecasts 2014 - 2025 (USD Million)
FIG. 42 Brazil nutrition and dietary supplements market estimates and forecasts 2014 - 2025 (USD Million)
FIG. 43 Mexico nutrition and dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 44 Argentina nutrition and dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 45 Chile nutrition and dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 46 Columbia nutrition and dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 47 Costa Rica nutrition and dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 48 Venezuela nutrition and dietary supplements market estimates and forecasts, 2014 - 2025 (USD Million)