Latin America Whey Protein Market Research Report Forecast (2024-2030)

1. Latin America Whey Protein Market 2024-2030 sales@marknteladvisors.com Swipe +1 628 895 8081, +91 120 4278433 www.marknteladvisors.com

2. Market Insights 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. The old-age population has grown in Latin America and has accelerated the Latin America Whey Protein Market. For instance, as per the World Bank, there were 34,213,156 females aged 65 and over in Latin America and the Caribbean in 2022, up from 31,039,972 in 2019. Similarly, in 2022, there were 26,393,046 males aged 65 and over, an increase from 24,338,446 in 2019 in Latin America and the Caribbean. Also, according to the United Nations in Latin America and the Caribbean, the proportion of people aged 60 years and over will reach 16.5% of the total population by 2030, up from 13.4% in 2022. The percentage will increase to 25.1% of the total population by 2050. Swipe

3. 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. Swipe

4. Market Segmentation By Product Type (Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI), Whey Protein Hydrolysate (WPH)) By Application (Sports Nutrition, Food & Beverages, Dietary Supplements, Animal Feed) By Sales Channel (Online Stores, Supermarkets/Hypermarkets, Pharmacies, Specialty Stores) By Country (Brazil, Mexico, Argentina, Chile, Colombia, Rest of Latin America) Swipe

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