Sports Nutrition Market, By Product Type (Foods, Drinks, Supplements), By Distribution Channel (Retail Stores, Drug Stores, Fitness Institutions, Online), By End User (Bodybuilders, Athletes, Lifestyle Users), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2023-2032)

The Sports Nutrition Market is estimated at $ 43.98 Billion in 2022, registering at a promising CAGR of 7.45 %. The historic year considered is 2019, 2020 and 2021 and the base year considered for the study is 2022, the estimated year is 2023 and the forecast has been provided for the period of 2023 to 2032.

Increasing demand from athletes and bodybuilders for various applications is expected to drive the market growth of the sports nutrition market during the forecast period.

Sports nutrition was earlier considered as a meal plan, especially for people indulging in sports. However, due to changing lifestyles, sports nutrition has been widely accepted.

Segment Analysis: 

Sports nutrition has gained popularity due to the demand from regular exercisers to boost their workout. Moreover, sports meals are consumed as an alternative to normal meals, as they are quick to make, healthier, and easily available.

Among product types, the supplements segment is leading the market, as supplements are easily and quickly processed and absorbed by the body.

The growing consciousness among people to stay fit is driving the sports nutrition market. Furthermore, vegans and elderly populaces have also been consuming sports nutrition to fulfill their nutritional requirements. However, the ban on certain ingredients, such as taurine, sibutramine, etc., can limit the growth of the sports nutrition market.

Key Factors Impacting Market Growth:

  • Growing awareness among the people about a healthy diet and fitness
  • Increase in health clubs and fitness centers
  • Adverse effects of some ingredients can hamper the market

Regional Analysis: 

This report segment the sports nutrition market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for the sports nutrition market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the sports nutrition market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to be one of the fastest-growing markets for sports nutrition during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of the sports nutrition market. The Middle East and the rest of the World are estimated to be emerging regions for the sports nutrition market during the forecast period.

Companies Covered: 

PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., the Coca-Cola Company, Abbott Nutrition Inc., Otsuka Pharmaceutical Co. Ltd., GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc., PowerBar Europe GmbH, Paragon Laboratorie, ABC Nutrition Ltd, Makers Nutrition, and Future Nutrition.

Market Segmentation:

By Product Type:

  • Foods
  • Drinks
  • Supplements

By Distribution Channel:

  • Retail Stores
  • Drug Stores
  • Fitness Institutions
  • Online

By End User:

  • Bodybuilders
  • Athletes
  • Lifestyle Users

 By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Distribution Channel
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product Type
    • By Distribution Channel
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Distribution Channel
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By Distribution Channel
    • By End-User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product Type
    • By Distribution Channel
    • By End-User
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Distribution Channel
    • By End-User

Reasons to Buy This Report:

  • Market size estimation of the sports nutrition market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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