Sports Nutrition Market – Global Industry Analysis and Forecast (2023-2029)

Sports Nutrition Market is expected to grow at a CAGR of 5.4% during the forecast period and market is expected to reach US$ 73.09 Bn by 2029.

North America is projected to account for the largest market share for sports nutrition products. This growth can be attributed to welfares from high incomes, world-class fitness, and growing athletics infrastructure. Furthermore, Asia-Pacific is expected to dominate the growth in the sports nutrition products owing to an increase in disposable incomes coupled with quickly changing lifestyles. Japan is estimated to dominate this region in the market. China is valued to gain the second largest market share followed by Australia owing to a higher percentage of the overweight population.To know about the Research Methodology :- Request Free Sample Report
Sports Nutrition Market Segment Analysis:
The global market is segmented on the basis of type, end user, distribution channel, and geography. Based on product type, global sports nutrition market is divided into protein powder, Iso drink powder, capsule/tablets, supplement powder, RTD protein drinks, Iso& other sports drinks, carbohydrate drinks, protein bars, carbohydrate/energy bars, and other supplements.

Distribution channel segment is categorized into large retail & mass merchandisers, small retail, drug & specialty stores, fitness institutions, online. Based on the end user, Global market is classified into athletes, bodybuilders, recreational users, and lifestyle users. By region, the global market is classified into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

Growing health awareness along with the cumulative number of health clubs and fitness centres are expected to boost the global market. Rapid urbanization, growing disposable income enlarged with progressively purchasing sports nutrition products like healthy snacks as a part of the diet are also anticipated to enhancement the growth in the market. The high number of cheap counterfeit products shakes sales of reputed companies restrict the growth of the market.

Sports drinks segment is expected to hold largest market share in the global market. Rapid urbanization with growing disposable income is estimated to fuel the demand for sports drinks globally. Sports drinks are widely used by athletes to restore the water level in the body but are suffering mass acceptance by lifestyle and recreational users.
Sports Nutrition Market, Key Highlights:
Global Market analysis and forecast, in terms of value.

Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Sports Nutrition Market

Global Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

The Global Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global  Market are also profiled.
Sports Nutrition Market Scope: Inquire before buying



Sports Nutrition Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 50.58 Bn.


Forecast Period 2023 to 2029 CAGR:
5.4%
Market Size in 2029:
US $ 73.09 Bn.


 Segments Covered:
by Type
Protein Powder
Iso Drink Powder
Capsule/Tablets
Supplement Powder
RTD Protein Drinks
Carbohydrate Drinks
Protein Bars
Carbohydrate/Energy Bars
Lifestyle Users
Others


by End Users
Athletes
Bodybuilders
Recreational Users
Lifestyle Users


by Distribution Channel
Large Retail & Mass Merchandisers
Small Retail
Drug & Specialty Stores
Fitness Institutions
Bodybuilders



Global Sports Nutrition Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players
1. PepsiCo Inc.
2. Glanbia Plc.
3. Reckitt Benckiser Group Plc.
4. Yakult Honsha Co. Ltd.
5. Post Holdings Inc.
6. GNC Holdings
7. The Coca-Cola Company
8. Abbott Nutrition Inc.
9. Clif Bar & Company
10. Otsuka Pharmaceutical Co. Ltd.
11. Atlantic Multipower UK Limited
12. GlaxoSmithKline PLC
13. Olimp Laboratories
14. Ultimate Nutrition Inc.
15. PowerBar Europe GmbH
16. Neutra Science Labs
17. Paragon Laboratorie
18. ABC Nutrition Ltd
19. Makers Nutrition
20. Future Nutrition

Frequently Asked Questions:

1. Which region has the largest share in Global Sports Nutrition Market?
Ans: North America region holds the highest share in 2022.

2. What is the growth rate of Global Sports Nutrition Market?
Ans: The Global Sports Nutrition Market is growing at a CAGR of 5.4% during forecasting period 2023-2029.

3. What is scope of the Global Sports Nutrition Market report?
Ans: Global Sports Nutrition Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Sports Nutrition Market?
Ans: The important key players in the Sports Nutrition Market are PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., Post Holdings Inc., GNC Holdings, The Coca-Cola Company, Abbott Nutrition Inc., Clif Bar & Company, Otsuka Pharmaceutical Co. Ltd., Atlantic Multipower UK Limited, GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc., PowerBar Europe GmbH, Neutra Science Labs, Paragon Laboratorie, ABC Nutrition Ltd, Makers Nutrition, Future Nutrition.

5. What is the study period of this market?
Ans: The Sports Nutrition Market is studied from 2022 to 2029.