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Creatine Supplement Global Market 2024 - Top Manufacturers, Latest Trends, Future Prospects And Outlook By 2033
Creatine Supplement Global Market
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According to The Business Research Company's, The creatine supplement market size has grown rapidly in recent years. It will grow from $1.34 billion in 2023 to $1.50 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to athletic endorsements, increasing muscle mass and strength, improved recovery, market expansion, and bodybuilding culture.
The creatine supplement market size is expected to see rapid growth in the next few years. It will grow to $2.34 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to the rising prevalence of obesity, improved accessibility for consumers, the increasing availability of creatine supplements, rapid urbanization, and growing adoption of plant-based diets. Major trends in the forecast period include personalized nutrition, innovations in creatine formulations, combination products, enhanced bioavailability, and a focus on cognitive benefits.
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Market Drivers and Trends:
The increasing awareness of fitness is expected to propel the growth of the creatine supplement market going forward. The rise in fitness awareness is driven by increasing health consciousness, lifestyle-related diseases, and the desire for overall well-being. Creatine supplements enhance physical performance, promoting muscle growth and endurance, which raises awareness about their benefits in fitness routines. For instance, in January 2024, according to data published by the Department for Digital, Culture, Media, and Sport, a UK-based governmental department, 177,273 people aged 16 and over were physically active in 2021, which slightly increased to 177,551 in 2022. Additionally, 63.1% of people in England aged 16 and above met the criteria for being physically active in 2022, engaging in 150 minutes or more of moderate-intensity physical activity per week. Therefore, the increasing awareness of fitness is driving the growth of the creatine supplement market.
Major companies operating in the creatine supplement market are focusing on developing innovative instantized creatine monohydrate powder supplements to enhance absorption, effectiveness, and user convenience. Instantized creatine monohydrate powder supplements refer to a specially processed form of creatine monohydrate that dissolves quickly and easily in liquid, improving absorption and usability. For instance, in July 2024, BrainMD, a US-based provider of science-based supplements, launched Smart Creatine+, an advanced instantized creatine monohydrate powder supplement designed to boost cellular energy production and ATP balance. This cutting-edge formula not only supports brain health, cognitive processing, and memory but also helps users reach their fitness goals, enhance cognitive function, build lean muscle, and benefit from the advantages of instantized creatine monohydrate.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Glanbia PLC, GNC Holdings Inc., AlzChem AG, Swanson Health Products Inc., NOW Foods, Myprotein, Universal Nutrition Inc., BPI Sports LLC, MuscleTech, MusclePharm, Kaged Muscle LLC, Optimum Nutrition Inc., Weider Global Nutrition LLC, Bio-Engineered Supplements and Nutrition Inc., Cellucor, BulkSupplements.com Inc., Nutrex Research Inc., AvansChem Specialty Chemicals Co. Ltd., Dymatize Enterprises LLC, MUBY CHEMICALS, Sheer Strength Labs LLC
Creatine Supplement Market 2024 Key Insights:
• The creatine supplement market size is expected to see rapid growth in the next few years. It will grow to $2.34 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.
• Awareness Of Fitness Propel Growth Of The Creatine Supplement Market
• Innovative Instantized Formula Enhances Muscle And Cognitive Support
• North America was the largest region in the creatine supplement market in 2023
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