Argentine Startup: $80M/Month Revenue in 1 Year

by priyanka.patel tech editor

Argentine Brothers disrupt $385 Billion Supplement Market with Innovative “All-in-One” Formula

The global dietary supplement industry is poised for massive growth, with projections exceeding US$385 billion by 2025. Amidst this expansion, a new Argentinian startup, Matter Supplements, is rapidly gaining traction with a unique approach to wellness, fueled by a blend of scientific expertise and entrepreneurial spirit.

Riding the Wave of Wellness

The demand for dietary and nutritional supplements has surged in recent years, particularly in the wake of the COVID-19 pandemic. Populations are increasingly focused on preventative health measures and addressing potential risk factors, driving significant growth in the market. In Latin America alone, the segment was estimated at US$51.317 billion in 2024, with a projected sustained growth rate of 8.2% over the next five years. This trend extends beyond customary capsules and powders, with supplements now integrated into everyday products like waters, yogurts, and snacks.

– Latin America’s supplement market reached US$51.317 billion in 2024. Experts predict a sustained 8.2% growth rate over the next five years, driven by increased focus on preventative health and wellness.

From Barbecue to billion-Peso Business

The founders of Matter Supplements, brothers Rosario and Santiago Gianola, identified this burgeoning possibility and launched their venture just one year ago. Their flagship product, Green Boost, is a comprehensive supplement formulated with 58 functional ingredients designed to replace over a dozen individual supplements. The company has already achieved impressive results, exceeding 80 million pesos in monthly billing.

“We had an remarkable return, not only in sales, but in something even stronger: people really felt the benefits,” the founders shared. “The messages, the stories and the energy they gave us back were a shock.”

– Matter Supplements’ Green Boost contains vitamins, minerals, superfoods, probiotics, plant proteins, and digestive enzymes, aiming to support multiple health areas.

A Formula for Success: Science and Marketing

Santiago Gianola, returning from Australia where he observed the maturity of the supplements market, brought his marketing acumen to the table. His sister,Rosario Gianola,a Food Engineer with an MBA from the IAE Business School,provided the scientific foundation. This complementary skillset proved crucial in developing a “simple and transparent proposal” that resonated with consumers. Green Boost boasts a wide range of benefits, including improved digestion, enhanced immune function, antioxidant and anti-inflammatory properties, hormonal balance, increased energy, and support for muscle and skin health. It contains a blend of vitamins, minerals, superfoods, probiotics, plant proteins, and digestive enzymes.

– How did Matter Supplements start? Brothers Rosario and Santiago Gianola launched the company just one year ago, identifying a growing demand for comprehensive wellness solutions.

Navigating Argentina’s Economic Landscape

The initial capital of US$100,000, combined with countless hours of work, allowed the brothers to launch Matter Supplements with confidence. They quickly realized they had tapped into a genuine need in the market. However, operating a growing business in Argentina presents unique challenges.

“The challenge, without a doubt, is economic,” one of the entrepreneurs stated. “In Argentina it is indeed part of the rules of the game: operate with constant changes, adapt quickly and learn to work with some permanent uncertainty.”

Despite these hurdles, Matter Supplements has demonstrated impressive growth, increasing sales by 45% in the last three months, with 60% of customers becoming repeat buyers. The company attributes its success to a proactive approach to structure and automation, allowing them to efficiently manage rapid expansion.

A Dynamic Future for Matter Supplements

The brothers emphasize the agility and dynamism of entrepreneurship compared to traditional corporate structures. “Today, as entrepreneurs, we feel that our functions are much more dynamic…we touch all areas, we make decisions every day and see the impact promptly,” they explained. They are committed to maintaining a sustainable and orderly growth trajectory while remaining flexible and resilient in the face of Argentina’s ever-changing economic climate.

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The story of Matter Supplements exemplifies the growing appetite for wellness in Argentina and the potential for innovative startups to thrive even in challenging economic conditions.

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