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Global Sports Nutrition Market Analysis by Product, Application, Formulation, Consumer Group, Activity, Channel Distribution, Region and segments forecast till 2033
Market Overview
The global sports nutrition market size was valued at USD 43,400 million in 2022 and is expected to expand at a CAGR of 8.5% reaching a vale of USD 83,350 million in 2033.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 43,400 Million |
Market Forecast in 2033 | USD 83,350 Million |
CAGR % 2023-2033 | 8.5% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more |
Key Companies | Iovate Health Sciences, Abbott, Quest Nutrition, PepsiCo, Cliff Bar, The Coca-Cola Company, MusclePharm, The Bountiful Company, Post Holdings, BA Sports Nutrition, Cardiff Sports Nutrition, General Nutrition Centers Inc., Glanbia plc, Reckitt Benckiser Group Plc, Yakult Honsha Co., Ltd., Otsuka Pharmaceutical Co., Ltd., Keurig Dr. Pepper, Inc., Red Bull GmbH, GlaxoSmithKline plc, J Donohoe Beverages Ltd., Ajinomoto Co., Inc. Premier Nutrition Corporation, Vitaco Health and Others |
Global Sports Nutrition Market- Description
Nutrition and diet are imperative for maximum performance. Sports nutrition products give away benefits such as optimal gains from training, maintenance and achievement of ideal body weight, increased recovery between workouts and events, reduced injury risk and performance consistency. Acquisition of sports nutrition products by athletes owing to their advantages is a major parameter driving the market. The consumption of sports nutrition products is widely increasing among fitness enthusiasts and active lifestyle consumers. Consumers are utilizing these products to gain energy and muscle and support weight management. Moreover, the commonness of lifestyle diseases such as obesity is growing.
There is a rapid upsurge in demand for sports nutrition from millennials and senior citizens for formulations to gain energy, strength, and muscle health. In addition, there is growing adoption of supplements from gym-goers. According to MuscleBlaze in India in 2019, 40% of gym-goers consumed whey supplements. Also, increasing participation in sports activities and events is thrusting the adoption of supplements by fitness enthusiasts to enhance endurance, strength, and stamina. The easy availability of a variety of the formulation including ready-to-drink, gels, bars, and powders is estimated to drive the market. Manufacturers are enumerating innovative and desired flavours and functional ingredients to enrich the nutritional value. For instance, brands are adding natural ingredients, caffeine, and low sugar content in ready-to-drink products.
Key Trends of Global Sports Nutrition Market:
Increase in the product visibility due to rising focus of manufacturers:
Increase in the product visibility due to heightened focus of manufacturers to promote their product at sports events is expected to offer enormous growth opportunities. Sports events are a great and beneficial platform for promoting and distributing sports nutrition and spread awareness regarding their brands and products. Thus, the rising focus of sports nutrition manufacturer to expand their brand product is projected to robust market growth. An increasing number of health clubs and fitness centers along with the increasing number of members is expected to accelerate the market growth of sports nutrition.
The rising consumer base of sports nutrition:
The consumer base of sports nutrition including sports person, bodybuilder as well as non-sports person aspire to lead health lifestyle is expected to stimulate the market growth of sports nutrition. Growth in the lifestyle users that consumer sports nutrition products to obtain a daily nutritional requirement and not fitness activity is anticipated to accelerate the market growth of sports nutrition over the forecast period. Easy accessibility of sports nutrition products due to expanding retail channel is projected to foster the market growth of sports nutrition.
Segmental Analysis of Global Sports Nutrition Market:
Based on Product
Sports Supplements
Protein Supplements
Animal Based
o Whey
o Fish
o Egg
o Casein
o Plant Based
o Pumpkin Seed
o Rice
o Pea
o Hemp
o Spirulina
o Soy
o Vitamins
o Electrolytes
o Detox Supplements
o Probiotics
o Minerals
o Amino Acids
o Omega-3 Fatty Acids
o Carbohydrates
Sports Drinks
o Isotonic
o Hypertonic
o Hypotonic
Sports Food
o Protein Bars
o Energy Bars
o Protein Gels
o Metal Replacement Products
o Wight Loss Products
Sports supplements accounted for the largest revenue share owing to the growing consumption of protein supplements such as whey protein and the availability of various plant proteins such as soy, spirulina, pumpkin seed, hemp, rice, and pea.
Based on Application
Pre-Workout
Post-Workout
Weight Loss
Others
The post-workout segment held the largest revenue share. Post-workout supplements offer benefits such as repairing damaged muscles, enhanced muscle gain, recovery, and maintenance of muscle mass.
Based on Formulation
Tablets
Powder
Capsules
Soft-gels
Gummies
Liquids
The gummies segment is expected to be the fastest-growing segment over the forecast period. Growing consumption of gummies owing to benefits such as convenience, taste, and easy consumption is estimated to drive the segment.
Based on Consumer Group
Children
Adult
Geriatric
The adult segment held the largest revenue attributed to a large number of consumers falling in the age of 18 to 64 years. Additionally, consumers in this age group are actively involved in fitness and sports activities, thereby fuelling the segment growth.
Based on Activity
Light Users
Heavy Users
The light users segment held the largest revenue share because of the expansion of the customer base from high endurance athletes and bodybuilders to general customers, ranging from women and teenagers to college students and even older individuals displaying a high interest in maintaining a healthy lifestyle.
Based on Channel Distribution
Brick and Mortar
Fitness Institutes
Small Retail Stores
Speciality Stores
Discount Clothing Retailers
General Discount Stores
Grocery Stores
E-commerce
There is the easy availability of a large number of products in brick and mortar stores, such as specialty stores, small retail stores, fitness institutes, grocery stores, and general discount stores.
Geographical Analysis of Global Sports Nutrition Market:
the global sports nutrition market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America and Middle East and Africa. North America dominated the market and accounted for a revenue share of over 45.0%. This is due to the increasing demand from the U.S. High adoption of supplements and increased awareness regarding health and wellbeing are estimated to promote market growth.
Global Sports Nutrition Market- Recent Developments
In 2020, Glanbia plc announced the launch of its new Clean Label Hydrolyzed Whey Protein Isolate, which is designed to meet the growing demand for clean label and natural sports nutrition products.
In 2021, Abbott Laboratories announced a new partnership with the National Women's Soccer League (NWSL) to provide sports nutrition products to female athletes.
In 2022, PepsiCo, Inc. announced the launch of its new Gatorade Sports Nutrition Energy Bar, which is designed to provide energy and nutrients to athletes before and during workouts.
Global Sports Nutrition Market: Key Companies
Iovate Health Sciences
Abbott
Quest Nutrition
PepsiCo
Cliff Bar
The Coca-Cola Company
MusclePharm
The Bountiful Company
Post Holdings
BA Sports Nutrition
Cardiff Sports Nutrition
General Nutrition Centers Inc.
Glanbia plc
Reckitt Benckiser Group Plc
Yakult Honsha Co., Ltd.
Otsuka Pharmaceutical Co., Ltd.
Keurig Dr. Pepper, Inc.
Red Bull GmbH
GlaxoSmithKline plc
J Donohoe Beverages Ltd
Ajinomoto Co.
Premier Nutrition Corporation
Vitaco Health
Others
Global Sports Nutrition Market: Regional Scope
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of Middle East and Africa
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1. Global Sports Nutrition Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Sports Nutrition Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years 2020 to 2021
1.3.2. Projected Data Reporting Years 2022 to 2033
1.3.3. Reporting Data Parameters Value (US$ Million)
1.4. Global Sports Nutrition Market Scope and Market Estimation
1.4.1. Global Sports Nutrition Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Sports Nutrition Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Sports Nutrition Market Segmentation
1.5.1. Product Type of Global Sports Nutrition Market
1.5.2. Application of Global Sports Nutrition Market
1.5.3. Formulation of Global Sports Nutrition Market
1.5.4. Consumer of Sports Nutrition Market
1.5.5. Activity of Global Sports Nutrition Market
1.5.6. Distribution Channel of Sports Nutrition Market
1.5.7. Key Regions of Sports Nutrition Market
2. Global Sports Nutrition Market - Executive Summary
2.1. Global Sports Nutrition Market Summary & Snapshot
2.2. Global Sports Nutrition Market, By Product Type (US$ Million)
2.3. Global Sports Nutrition Market, By Application (US$ Million)
2.4. Global Sports Nutrition Market, By Formulation (US$ Million)
2.5. Global Sports Nutrition Market, By Consumer (US$ Million)
2.6. Global Sports Nutrition Market, By Activity (US$ Million)
2.7. Global Sports Nutrition Market, By Consumer (US$ Million)
2.8. Global Sports Nutrition Market, By Geography (US$ Million)
2.9. Global Sports Nutrition Market Outlook & Future Opportunities
3. Sports Nutrition Market Trends, Outlook, and Factors Analysis
3.1. Global Sports Nutrition Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Sports Nutrition Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Sports Nutrition Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. The rising consumer base of sports nutrition to be healthy
3.2.2. Restraints
3.2.2.1. Usage of banned ingredients and adulterated products.
3.2.3. Opportunities
3.2.3.1. Better marketing and availability of Sports nutrition products.
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porters Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Sports Nutrition Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Sports Nutrition Market
3.9.1. By Product Type
3.9.2. By Application
3.9.3. By Formulation
3.9.4. By Consumer
3.9.5. By Activity
3.9.6. By Distribution Channel
3.9.7. By Regions
4. Global Sports Nutrition Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Sports Nutrition Market, 2020 2021 (US$ Million)
4.2. Global Sports Nutrition Market, By Product Type, 2020 To 2021 (US$ Million)
4.3. Global Sports Nutrition Market, By Application, 2020 To 2021 (US$ Million)
4.4. Global Sports Nutrition Market, By Formulation, 2020 To 2021 (US$ Million)
4.5. Global Sports Nutrition Market, By Consumer 2020 To 2021 (US$ Million)
4.6. Global Sports Nutrition Market, By Activity 2020 To 2021 (US$ Million)
4.7. Global Sports Nutrition Market, By Distribution Channel 2020 To 2021 (US$ Million)
4.8. Global Sports Nutrition Market, By Region, 2020 To 2021 (US$ Million)
5. Global Sports Nutrition Market Estimates & Forecast Trend Analysis, by Product Type
5.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, by Product Type, 2022 & 2033
5.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, by Product Type, 2022 to 2033
5.2.1. Sports Supplements
5.2.1.1. Protein Supplements
5.2.1.1.1. Animal-based
5.2.1.1.2. Whey
5.2.1.1.3. Casein
5.2.1.1.4. Egg
5.2.1.1.5. Fish
5.2.1.1.6. Others
5.2.1.1.7. Plant-based
5.2.1.1.8. Soy
5.2.1.1.9. Spirulina
5.2.1.1.10. Pumpkin Seed
5.2.1.1.11. Hemp
5.2.1.1.12. Rice
5.2.1.1.13. Pea
5.2.1.1.14. Others
5.2.1.2. Vitamins
5.2.1.3. Minerals
5.2.1.4. Amino Acids
5.2.1.5. Probiotics
5.2.1.6. Omega -3 Fatty Acids
5.2.1.7. Carbohydrates
5.2.1.8. Detox Supplements
5.2.1.9. Electrolytes
5.2.1.10. Others
5.2.2. Sports Drinks
5.2.2.1. Isotonic
5.2.2.2. Hypotonic
5.2.2.3. Hypertonic
5.2.3. Sports Foods
5.2.3.1. Protein Bars
5.2.3.2. Energy Bars
5.2.3.3. Protein Gels
5.2.4. Meal Replacement Products
5.2.5. Weight Loss Products
6. Global Sports Nutrition Market Estimates & Forecast Trend Analysis, by Application
6.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, By Application, 2022 & 2033
6.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2033
6.2.1. Pre-workout
6.2.2. Post-workout
6.2.3. Weight Loss
6.2.4. Others
7. Global Sports Nutrition Market Estimates & Forecast Trend Analysis, by Formulation
7.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, By Formulation, 2022 & 2033
7.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, by Formulation, 2022 to 2033
7.2.1. Tablets
7.2.2. Capsules
7.2.3. Powder
7.2.4. Softgels
7.2.5. Liquid
7.2.6. Gummies
8. Global Sports Nutrition Market Estimates & Forecast Trend Analysis, by Consumer
8.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, By Consumer, 2022 & 2033
8.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, by Consumer, 2022 to 2033
8.2.1. Children
8.2.2. Adult
8.2.3. Geriatric
9. Global Sports Nutrition Market Estimates & Forecast Trend Analysis, by Activity
9.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, By Activity, 2022 & 2033
9.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, by Activity, 2022 to 2033
9.2.1. Heavy Users
9.2.2. Light Users
10. Global Sports Nutrition Market Estimates & Forecast Trend Analysis, by Distribution Channel
10.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, By Distribution Channel, 2022 & 2033
10.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, by Distribution Channel, 2022 to 2033
10.2.1. Brick and mortar
10.2.1.1. Specialty Stores
10.2.1.2. Small Retail Stores
10.2.1.3. Fitness Institutes
10.2.1.4. Grocery Stores
10.2.1.5. General Discount Stores
10.2.1.6. Discount Clothing Retailers
10.2.2. E-commerce
11. Global Sports Nutrition Market Analysis and Forecast, by Region
11.1. Global Sports Nutrition Market Share (%) Estimates and Forecasts, By Region, 2022 & 2033
11.2. Global Sports Nutrition Market Revenue (US$ Million) Estimates and Forecasts, By Region, 2022 To 2033
11.2.1. North America
11.2.2. Europe
11.2.3. Asia Pacific
11.2.4. Middle East and Africa
11.2.5. Latin America
12. North America Sports Nutrition Market: Estimates & Forecast Trend Analysis
12.1. North America Sports Nutrition Market Assessments & Key Findings
12.2. North America Sports Nutrition Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. North America Sports Nutrition Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
12.3.1. By Product Type
12.3.2. By Application
12.3.3. By Formulation
12.3.4. By Consumer
12.3.5. By Activity
12.3.6. By Distribution Channel
12.3.7. By Major Country
12.3.7.1. The U.S.
12.3.7.2. Canada
13. Europe Sports Nutrition Market: Estimates & Forecast Trend Analysis
13.1. Europe Sports Nutrition Market Assessments & Key Findings
13.2. Europe Sports Nutrition Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Europe Sports Nutrition Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
13.3.1. By Product Type
13.3.2. By Application
13.3.3. By Formulation
13.3.4. By Consumer
13.3.5. By Activity
13.3.6. By Distribution Channel
13.3.7. By Major Country
13.3.7.1. Germany
13.3.7.2. The U.K.
13.3.7.3. France
13.3.7.4. Italy
13.3.7.5. Spain
13.3.7.6. Rest of Europe (includes all other European countries)
14. Asia Pacific Sports Nutrition Market: Estimates & Forecast Trend Analysis
14.1. Asia Pacific Sports Nutrition Market Assessments & Key Findings
14.2. Asia Pacific Sports Nutrition Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Asia Pacific Sports Nutrition Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
14.3.1. By Product Type
14.3.2. By Application
14.3.3. By Formulation
14.3.4. By Consumer
14.3.5. By Activity
14.3.6. By Distribution Channel
14.3.7. By Major Country
14.3.7.1. China
14.3.7.2. Japan
14.3.7.3. India
14.3.7.4. ASEAN
14.3.7.5. South Korea
14.3.7.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
15. Middle East & Africa Sports Nutrition Market: Estimates & Forecast Trend Analysis
15.1. Middle East & Africa Sports Nutrition Market Assessments & Key Findings
15.2. Middle East & Africa Sports Nutrition Market Share (%) Estimates and Forecasts, 2022 & 2033
15.3. Middle East & Africa Sports Nutrition Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
15.3.1. By Product Type
15.3.2. By Application
15.3.3. By Formulation
15.3.4. By Consumer
15.3.5. By Activity
15.3.6. By Distribution Channel
15.3.7. By Major Country
15.3.7.1. GCC
15.3.7.2. South Africa
15.3.7.3. Egypt
15.3.7.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
16. Latin America Sports Nutrition Market: Estimates & Forecast Trend Analysis
16.1. Latin America Market Assessments & Key Findings
16.2. Latin America Sports Nutrition Market Share (%) Estimates and Forecasts, 2022 & 2033
16.3. Latin America Sports Nutrition Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
16.3.1. By Product Type
16.3.2. By Application
16.3.3. By Formulation
16.3.4. By Consumer
16.3.5. By Activity
16.3.6. By Distribution Channel
16.3.7. By Major Country
16.3.7.1. Brazil
16.3.7.2. Mexico
16.3.7.3. Rest of Latin America (includes all other Latin America countries)
17. Competitive Landscape
17.1. Sports Nutrition Market Revenue Share Analysis (%), By Major Players (2021)
17.2. Sports Nutrition Market Competition Matrix, By Leading Players
17.3. Sports Nutrition List of Emerging, Prominent & Leading Players
17.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, Etc.
18. Company Profiles
18.1. Iovate Health Sciences
18.1.1. Company Overview & Insights
18.1.2. Financial PerApplicationance
18.1.3. Product / Service Portfolio
18.1.4. Geographical Footprint & Share
18.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
18.2. Abbott
18.3. Quest Nutrition
18.4. PepsiCo
18.5. Cliff Bar
18.6. The Coca-Cola Company
18.7. MusclePharm
18.8. The Bountiful Company
18.9. Post Holdings
18.10. BA Sports Nutrition
18.11. Cardiff Sports Nutrition
18.12. General Nutrition Centers Inc.
18.13. Glanbia plc
18.14. Reckitt Benckiser Group Plc
18.15. Yakult Honsha Co., Ltd.
18.16. Otsuka Pharmaceutical Co., Ltd.
18.17. Keurig Dr. Pepper, Inc
18.18. Red Bull GmbH
18.19. GlaxoSmithKline plc
18.20. J Donohoe Beverages Ltd
18.21. Ajinomoto Co., Inc
18.22. Premier Nutrition Corporation
18.23. Vitaco Health
18.24. Others
19. Assumptions and Research Methodology
19.1. Data Mining
19.2. Secondary Research
19.3. Primary Research
19.4. Subject Matter Expert Advice
19.5. Quality Check
19.6. Final Review
19.7. Data Triangulation
19.8. Bottom-Up Approach
19.9. Top Down Approach
19.10. Research Flow
19.11. Key Insights from Industry Experts
19.12. Data Product Types
19.13. Assumptions
19.14. Limitations
20. Conclusions and Recommendations
20.1. Key Research Findings and Conclusion
20.2. Key Insights & Recommendations from Analysts