MarkNtel Advisors recently published a report, titled, ” Mexico Sports Nutrition Market 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). As per as the report 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 in Mexico Sports Nutrition Market:
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.
Mexico Sports Nutrition Market Segmentation:
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
Get Full Access Of Mexico Sports Nutrition Market Report : https://www.marknteladvisors.com/research-library/mexico-sports-nutrition-market.html
By Region
-Mexico City
-Monterrey
-Veracruz
-Puebla
-Others.
Key questions answered in the Mexico Sports Nutrition Market are:
•What is Mexico Sports Nutrition Market?
•What was the market size in 2021?
•What is the growth rate of the Mexico Sports Nutrition Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Mexico Sports Nutrition Market?
•What segments are covered in the Market?
•Who are the key players in the Mexico Sports Nutrition Market?
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