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Sports Nutrition Market Poised for 8.5% CAGR Growth, Projected to Hit $83.35 Billion by 2030, According to Stellar Market Research

08-15-2024 11:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: STELLAR MARKET RESEARCH

Sports Nutrition Market

Sports Nutrition Market

Estimated Revenue Growth:

Sports Nutrition Market size was valued at US$ 47.08 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 8.5% through 2024 to 2030, reaching nearly US$ 83.35 Bn

Sports Nutrition Market Overview:

Sports nutrition involves specialized dietary practices and supplements designed to enhance athletic performance and overall health. Beyond a high-protein diet, sports nutrition incorporates various strategies to improve performance, aid recovery, and support a healthy, active lifestyle. Effective sports nutrition is crucial for athletes, fitness enthusiasts, and those engaged in recreational sports, as it provides the energy and nutrients necessary for optimal physical function and recovery.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Sports-Nutrition-Market/330

What are Sports Nutrition Market Dynamics?

Performance Enhancement: Proper nutrition is essential for achieving maximum performance. Sports nutrition products aid in enhancing training outcomes, accelerating recovery, maintaining target body weight, reducing injury risk, and supporting consistent performance.

Growing Adoption: The increasing adoption of sports nutrition supplements among athletes and fitness enthusiasts drives market growth. These products are utilized to boost energy, muscle mass, and support weight management.

Lifestyle and Health Trends: Rising prevalence of lifestyle disorders like obesity and growing health consciousness contribute to the demand for sports nutrition products. Millennials and older adults are particularly interested in formulations that improve energy, strength, and muscle health.

Supplement Popularity: Supplements, especially whey protein, have gained popularity among gym-goers. For instance, in 2019, 40% of gym-goers in India consumed whey supplements. The rising participation in sports and fitness activities further fuels the demand for sports nutrition products to enhance endurance and stamina.

Increased Activity Levels: The global increase in physical activities such as biking, running, and walking supports the market growth. For example, walking saw a significant rise in popularity during the COVID-19 lockdown, reflecting a broader trend toward increased physical activity.

What is Sports Nutrition Marketb Regional Insight?

North America: The North American region is expected to dominate the sports nutrition market through 2030, driven by high demand from the United States. Factors contributing to this dominance include high supplement adoption rates, heightened health and wellness awareness, and a strong presence of sports nutrition companies with diverse strategies.

Market Forecast: North America is projected to hold the largest market share due to these factors, with significant growth expected in the forecast period from 2024 to 2030. The presence of numerous companies and advanced health trends will continue to drive market expansion in this region.

What is Sports Nutrition Market Segmentation?

By Product Type

Sports Supplements
Sports Drinks
Sports Foods
Meal Replacement Products
Weight Loss Products

By Application

Pre-workout
Post-workout
Weight Loss
Others

By Formulation

Tablets
Capsules
Powder
Softgels
Liquid

By Consumer Group

Children
Adult
Geriatric

By Consumer Group by Activity

Heavy Users
Light Users

By Distribution Channel

Brick and mortar
E-commerce

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Sports-Nutrition-Market/330

Some of the current players in the Sports Nutrition Market are:

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
Atlantic Multipower UK Limited
GlaxoSmithKline PLC
Olimp Laboratories
Ultimate Nutrition Inc.
PowerBar Europe GmbH

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Sports-Nutrition-Market/330

Key Questions answered in the Sports Nutrition Market Report are:

Which region held the largest market share in the Sports Nutrition Market?
What is the expected Sports Nutrition market size by 2030?
Which factors are the opportunities for the Sports Nutrition market growth?
What are investment opportunities for the Sports Nutrition market?
What are the recent industry trends that were implemented to generate additional revenue streams for the Sports Nutrition Market?
Which segment dominates the Sports Nutrition Market?

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Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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