Latin America Taurine Supplements Market Size & Outlook
The taurine supplements market in Latin America is expected to reach a projected revenue of US$ 30.7 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America taurine supplements market from 2024 to 2030.
Revenue, 2023 (US$M)
$22.0
Forecast, 2030 (US$M)
$30.7
CAGR, 2024 - 2030
4.9%
Report Coverage
Latin America
Latin America taurine supplements market highlights
- The Latin America taurine supplements market generated a revenue of USD 22.0 million in 2023.
- The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, men was the largest revenue generating gender in 2023.
- MEN is the most lucrative gender segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 22.0 million |
| Market revenue in 2030 | USD 30.7 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Men |
| Fastest growing segment | MEN |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MEN |
| Key market players worldwide | NOW Foods, Life Extension, Source Naturals |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.9% of the global taurine supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 171.4 million by 2030.
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Taurine Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Herbsmith | View profile | 11-50 | Hartland, Wisconsin, United States, North America | https://www.herbsmithinc.com |
| Aniforte | View profile | 1-10 | London, England, United Kingdom, Europe | https://aniforte.co.uk |
| VetriScience | View profile | 251-500 | Williston, Vermont, United States, North America | https://www.vetriscience.com/ |
| Source Naturals | View profile | - | Scotts Valley, California, United States, North America | https://www.sourcenaturals.com |
| Life Extension | View profile | 251-500 | Fort Lauderdale, Florida, United States, North America | https://www.lifeextension.com/ |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | https://www.nowfoods.com |
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