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New Market Report: Sports Nutrition in Colombia



10.12.2015 10:38:31 - Recently published research from Euromonitor International, "Sports Nutrition in Colombia", is now available at Fast Market Research

(live-PR.com) - The strong development that sports nutrition experienced in Colombia, led to the emergence of specialist stores, as in general these products are available at some health and beauty specialists, at other healthcare specialist stores as well as through independent vendors. The boom in the demand for sports nutrition motivated companies like Laboratorios Funat to open stores dedicated to such products,

 

with the Global Nutrition banner holding 40 stores at the end of the review period. Newlab Nutrition for its part began an alliance with the biggest chain of gyms in Colombia, Bodytech, to have a small point-of-sale inside the gyms, which means huge potential for expansion as the gym�s chain counts with more than 70 points in the country.

Full Report Details at
- www.fastmr.com/prod/1082434_sports_nutrition_col ..

Competitive Landscape

Newlab Nutrition Ltda led sports nutrition in 2015 with value share of 34%, gaining three percentage points. The company imports brands such as Action Pro, MusclePharm, MHP, BSN, Isopure, and also has its own locally produced brand Vitanas.

Industry Prospects

Sports nutrition will continue displaying rapid growth during the forecast period, and is predicted to record a 21% value CAGR at constant 2015 prices, although this will be lower compared to the review period average. The interest of Colombians towards these products will continue motivating the entrance of new products and brands. However, the downside that can threaten expansion of sports nutrition in Colombia are the high levels of contraband and counterfeit products, that besides affecting sales of legal companies, also erode confidence of consumers as many of these products may contain harmful substances, thus creating the belief amongst consumers that sports nutrition is not safe.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Sports Nutrition industry in Colombia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Sports Nutrition industry in Colombia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Sports Nutrition in Colombia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Sports Nutrition in Colombia?
* What are the major brands in Colombia?
* What is the market size of Sports Nutrition in Colombia?
* What are the major brands in Colombia?
* Do consumers prefer powders, tablets, or RTD?
* Do consumers prefer protein, amino acid, whey, or creatine products?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

Browse our complete collection of Healthcare research reports at www.fastmr.com/catalog/browse.aspx?category=15&a ..

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)


Author:
Bill Thompson
e-mail
Web: http://www.fastmr.com
Phone: 1.413.485.7001


 

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