Press release
Sports Nutrition Market Size, Share & Global Insights 2022-2030
Sports Nutrition Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type [Supplements (Powders, Tablets & Capsules, and Others), Bars, RTD Beverages, and Others], Distribution Channel [Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others], and GeographyWith the growing demand for sports nutrition products globally, key players are taking various strategic initiatives to differentiate themselves from their competitors. Several manufacturers are launching innovative products. For instance, in March 2024, Garden of Life LLC announced the expansion of its sports supplements product category by launching a new supplement formulated for workout recovery as well as enhancing skin radiance. In April 2023, Buildyourgoals, a sports nutrition company, announced the launch of four additional sports supplements in different flavors, including watermelon, orange, fresh brew coffee, and kiwi. In December 2023, DYMATIZE ENTERPRISES, LLC, a sports nutrition company, announced the expansion of its high-performance ISO100 protein powder product line by partnering with DD IP Holder LLC. With this collaboration, the company launched a new range of protein powders with the flavor and taste of Glazed Donuts from DD IP Holder LLC.
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In terms of product type, the market is segmented into supplements, bars, RTD beverages, and others. The supplements segment held a significant sports nutrition market share in 2023. Sports supplements are designed to provide an energy boost, enhance performance, and aid endurance throughout the workout or sports activities of the consumers. These performance-enhancer sports supplements, including powders, tablets, and capsules, are in high demand among athletes and bodybuilders. There is a rising engagement in physical activities among the population across the globe, followed by increasing participation in sports events, which drives the demand for sports supplements.,
MARKET INTRODUCTION
The sports nutrition market size is projected to reach US$ 46.41 billion by 2031 from US$ 24.01 billion in 2023. The market is expected to register a CAGR of 8.6% during 2023-2031.List of Companies Profiled in the Sports nutrition market Report are:
• Glanbia Plc
• PepsiCo Inc
• The Coca-Cola Co
• Iovate Health Sciences International Inc.
• Abbott Laboratories
• Yakult Honsha Co., Ltd.
• NOW Health Group Inc
• Garden of Life LLC
• Quest Nutrition LLC
• Herbalife Nutrition Ltd
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Key Segmentation:
Deployment Mode (Cloud Based and On-Premise),
The Sports nutrition market is categorized into type, application, and country.
• Based on type, the Sports nutrition market is segmented into pellets, blocks, and others. The blocks segment held the largest market share in 2022.
• In terms of application, the Sports nutrition market is segmented into food and beverage, storage and transportation, healthcare, industrial applications, and others. The storage and transportation held the largest market share in 2022.
• By country, the Sports nutrition market is segmented into the US, Canada, and Mexico. The US dominated the Sports nutrition market share in 2022.
Cardiovascular Drugs Market, in 2021. The growth of the segment is primarily attributed to the increase in need for maintenance and repair activities in order to make sure its internal and external parts are in good condition and to maintain a record of its condition. Based on application, the power transformers segment held the largest share of the Cardiovascular Drugs Market. The rise in energy demand, increase in renewable power generation, growing initiatives for smart cities & urbanization are the key factors responsible for the demand of power transformer. Thus, such factors are driving the Sports nutrition market growth.
Table of Contents
Based on material, the Sports nutrition market is segmented into FRP/composites, metal/alloys, and others. The metal/alloys segment held the largest share of the Sports nutrition market in 2022.
Based on size, the Sports nutrition market is segmented into 75-120 feet, 121-250 feet, and Above 250 feet. The 121-250 feet segment held the largest share of the Sports nutrition market in 2022.
Based on country, the Sports nutrition market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the share of the Sports nutrition market in 2022.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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