Sports Nutrition Market Report 2023-2032: Trend Analysis, Demand, Growth, Size And Forecast | Glanbia PLC., PepsiCo Inc., Clif Bar & Company, Musclepharm, Abbott Nutrition Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Sports Nutrition Global Market Report 2023 identifies Growing awareness of fitness and active living as the major driver for the Sports Nutrition market's growth in the forecast period. The growing awareness of fitness and active living increases the inclination towards sports and fitness activities and, thereby, the consumption of sports nutrition products. The increasing awareness of fitness makes consumers seek proper and nutritious supplements.

The global sports nutrition market size grew from $35.95 billion in 2022 to $39.56 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The sports nutrition market size is expected to grow to $58.29 billion in 2027 at a CAGR of 10.2%.

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Major competitors in the Sports Nutrition market are Glanbia PLC., PepsiCo Inc., Clif Bar & Company, Musclepharm, Abbott Nutrition Inc.

A key trend in the Sports Nutrition market includes Product innovation. Major companies operating in the sports nutrition sector are focused on developing innovative products to strengthen their position. For instance, in October 2020, HealthXP, an online protein supplement store based out of India, launched Shield Whey, which blends whey protein with an array of immunity boosters, focusing on the need to increase immunity due to COVID-19.

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The Sports Nutrition market is segmented -

1. By Type: Protein Powder, ISO Drink Powder, Sports Supplements, RTD Protein Drinks, Sports Drinks, Energy Bars.
2. By Raw Material: Animal Derived, Plant-Based, Mixed
3. By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channels
4. By End-User: Commercial, Body Builders, Recreational Users, Atheletes
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Sports Nutrition market.

The Business Research Company's "Global Sports Nutrition Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Sports Nutrition Market Include:

1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
18. Competitive Landscape and Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Sports Nutrition Market, Conclusions And Recommendations

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