Market Size of Brazil Whey Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Brazil Whey Protein Market Analysis
Brazil Whey Protein Market is projected to growat a CAGR of 8% during the forecast period (2020- 2025).
- Brazil, accounting to over 58.53% of the market in South America, was the major market for whey protein in the region.
- Increasing western influence resulted in a demand for foods and beverages with functional benefits in the region.
- A subsequent demand for whey protein was witnessed due to its health benefits.The Brazilian sports nutrition market has been expanding with protein-based products leading in the sports nutrition category. As a result, whey protein products have high growth potential in South America.
