The global sports nutrition market revenue was around US$ 35.9 billion in 2020 and is estimated to reach US$ 68.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2021 to 2030.
Sports nutrition products are specialized foods made to improve performance and speed up recovery after sports activities like workouts, bodybuilding, or athletic competitions. These products are used before and after physical activity to boost energy levels during the activity and aid in recovery. Protein powders and sports drinks are the two types of sports nutrition products that are most frequently used. The majority of sports nutrition solutions are made with ingredients that increase energy absorption and physical capabilities by the body to maximize the results of the consumer’s efforts.
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Factors Influencing Market Growth
The rise in demand from casual customers who aren’t actively participating in any physically demanding activities fuels the sports nutrition market.
The market is growing due to the rapid rise in demand for protein RTD drinks and energy bars among consumers who lead active lifestyles.
Delivery services and utilizing online have made it much simpler to find products, which is helping to expand the sports nutrition market.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on the sports nutrition market due to lockdowns at gyms and fitness centers. The use of clean labels and natural products is likely to acquire high traction since people are growing more concerned about their health. Increased interest in health and fitness and the reopening of gyms and fitness facilities in the post-COVID-19 context would help the market grow.
Regional Insights
North America is the main consumer of sports nutrition products. However, Asia-Pacific is anticipated to have considerable sports nutrition market expansion throughout the forecast period due to rising disposable income, extensive promotion and advertising, and widespread urbanization. In the upcoming years, India, China, and South East Asian nations are projected to experience an increase in demand for sports nutrition products.
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Leading Competitors
The leading competitors in the global sports nutrition market are:
Atlantic Multipower UK Limited
GlaxoSmithKline PLC
Olimp Laboratories
Ultimate Nutrition Inc
Powerbar Europe GmbH
Others
Segmentation Analysis
The global sports nutrition market segmentation focuses on Type, End User, Sales Channel, and Region.
Segmentation based on By Type
Protein powder
ISO drink powder
Sports supplements
RTD protein drinks
Sports drinks
Energy bars
Others
Segmentation based on End user
Athletes
Bodybuilders
Lifestyle Users
Segmentation based on Sales Channel
Hypermarket/Supermarket
Specialty Stores
Fitness Centers
Online Channels
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
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Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Table of Content
Chapter 1: Global Sports Nutrition Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Sports Nutrition market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Sports Nutrition Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Sports Nutrition market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Sports Nutrition market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Sports Nutrition market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Sports Nutrition market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Sports Nutrition business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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