Press release
Sports Nutrition Market Analysis 2024-2030: Key Growth Drivers and Competitive Landscape
Sports Nutrition Market
๐๐๐ฒ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
Increasing Health Consciousness: A global surge in health-conscious consumers is accelerating demand for protein-based drinks, energy bars, and supplements.
Growing Popularity of Sports Activities: A rise in professional and recreational sports activities, particularly among younger demographics, is further fueling demand for sports nutrition products.
Shift in Lifestyle: Urbanization, sedentary lifestyles, and rising disposable incomes are pushing individuals to adopt healthier diets and fitness regimes, contributing to market growth.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/21164/
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ'๐ฌ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ
Vietnam is emerging as a key player in the sports nutrition industry in Southeast Asia, driven by a young, active population and increasing fitness trends. The demand for protein supplements and energy drinks has surged, as more consumers shift towards maintaining an active lifestyle. Companies like ๐๐๐ซ๐๐๐ฅ๐ข๐๐ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง, ๐๐ฌ๐๐ ๐๐ง๐ข๐ฑ, and local brands are capitalizing on the growing trend by launching products suited to local tastes and dietary preferences.
Mergers & Acquisitions: Recent mergers such as Herbalife's acquisition of a local supplement company indicate a strong consolidation trend, providing them with broader market access and product offerings.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's sports nutrition sector is seeing strong expansion, largely due to rising fitness awareness and an increasing number of gym-goers. With the urban population adopting active lifestyles, protein powders, sports drinks, and meal replacement products are seeing exponential growth.
Key Trends: Brands such as ๐๐ฎ๐ฌ๐๐ฅ๐๐๐๐๐ก and ๐๐๐ are tapping into the growing health & fitness market by promoting high-performance supplements for athletes and bodybuilders. Additionally, Thailand's food regulations have also seen updates to support international brands, enhancing the ease of product entry.
Key Merger: Thai Beverage, a key player in the beverage industry, has expanded its portfolio to include protein-based sports drinks through a merger with a local nutrition brand.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/21164/
๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ
Japan, known for its strong consumer market and focus on health, is a leader in sports nutrition in the Asia-Pacific region. The sports nutrition market in Japan is expected to grow at a CAGR of 7.6% from 2024 to 2031, driven by the country's aging population's growing demand for health supplements.
Sports Nutrition Trends: In Japan, consumers are increasingly preferring plant-based and natural ingredients in their sports nutrition products. Brands like ๐๐๐ข๐ฐ๐ ๐๐๐ง ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ and ๐๐ข๐ซ๐ข๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ are focusing on functional drinks that cater to the aging population's specific health needs, such as joint health and energy replenishment.
Recent Developments: Kirin Holdings has announced plans to introduce a new line of vegan protein supplements targeted at the growing health-conscious youth demographic in Japan.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea, known for its innovative approach to health and wellness products, is experiencing rapid growth in the sports nutrition market. The country's trend of body aesthetics and fitness is rapidly gaining traction, particularly among young adults and middle-aged individuals looking to maintain a healthy body composition.
Key Opportunities: Protein bars and energy supplements are seeing huge growth, with brands such as ๐๐จ๐ซ๐๐ ๐๐ข๐ง๐ฌ๐๐ง๐ ๐๐จ๐ซ๐ฉ. and ๐๐ ๐๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐ & Health Care expanding their offerings. Sports nutrition in South Korea is increasingly viewed as an essential part of daily life, rather than just for athletes.
Mergers & Acquisitions: Amorepacific, South Korea's cosmetics giant, has recently expanded into the sports nutrition sector by acquiring a leading sports supplement brand, which could bring further consolidation to the market.
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ
Singapore's sports nutrition market is thriving as consumers prioritize fitness and wellness. The nation's high-income levels and strong emphasis on healthcare are driving the demand for premium sports nutrition products, particularly among the young urban population.
Key Trends: There is a growing demand for protein-enriched snacks, pre-workout, and recovery supplements in Singapore. Additionally, there is a rising trend towards functional foods and beverages, with local brands like ๐๐ฎ๐ญ๐ซ๐๐๐ข๐จ and ๐๐๐๐ค ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ gaining market traction.
Key Recent Developments: The government's push to encourage healthier living through programs like the "Healthier Choice Symbol" is also accelerating the growth of the sports nutrition market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/21164/
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States is one of the largest markets for sports nutrition products. The market continues to be driven by a booming fitness culture, widespread awareness of the benefits of sports nutrition, and a shift toward healthy eating. The US sports nutrition market is expected to grow significantly, driven by the booming supplement and functional foods industry.
Growth Opportunities: The market for plant-based, organic, and clean-label supplements is rapidly growing, with companies like Optimum Nutrition, GNC, and MusclePharm expanding their product lines to meet the evolving demand. The demand for protein powders, energy drinks, and weight management products is also rising.
Recent Developments: GNC has expanded its retail footprint in the US by introducing a wide range of protein and fat-burning supplements targeted at the mass market. The ongoing M&A activity, particularly involving ๐๐๐๐๐ข๐ and ๐๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐'๐ฌ ๐๐จ๐ฎ๐ง๐ญ๐ฒ ๐๐จ., further highlights market consolidation.
๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง
Europe remains a highly competitive and dynamic region for sports nutrition, driven by increasing demand for fitness supplements, protein-rich foods, and innovative solutions to enhance athletic performance. Countries like Germany, the UK, and France are contributing significantly to market growth.
Trends in Europe: Brands such as ๐๐ฒ๐ฉ๐ซ๐จ๐ญ๐๐ข๐ง, Bulk Natural, and ๐๐๐ are increasing their presence in the European market by launching personalized nutrition services and expanding their portfolios to cater to diverse consumer needs, ranging from vegan products to gluten-free supplements.
Key Developments: There has been significant regulatory reform in the European Union, particularly regarding product labeling and health claims, to ensure transparency and trust in sports nutrition products.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Energy Gels
Drink Mixes
Electrolytes
Bars
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Hypermarkets and Supermarkets
Convenience Stores
Drug and Specialty Stores
Online
Others
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/sports-nutrition-market/21164/ ๏ปฟ
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
1. PepsiCo Inc.(United States)
2. Post Holdings Inc.(United States)
3. GNC Holdings (United States)
4. Abbott Nutrition Inc. (United States)
5. The Coca-Cola Company (United States - But operates globally)
6. Clif Bar & Company (United States)
7. Ultimate Nutrition Inc. (United States)
8. Makers Nutrition (United States)
9. Future Nutrition (United States)
10. Herbalife International (United States)
11. Omega Protein Corporation (United States)
12. Archer Daniels Midland (United States)
13. Amway (United States)
14. The Nature's Bounty Co (United States)
15. Nutraceutical International Corporation (United States)
16. 7. Nestle (Switzerland, but operations in the United States)
17. Mead Johnson & Company, LLC (United States)
18. Abbott (United States)
๐๐ฎ๐ซ๐จ๐ฉ๐
1. Glanbia Plc. (Ireland)
2. Reckitt Benckiser Group Plc. (United Kingdom)
3. Atlantic Multipower UK Limited (United Kingdom)
4. GlaxoSmithKline PLC (United Kingdom)
5. Olimp Laboratories (Poland)
6. PowerBar Europe GmbH (Germany)
7. Neutra Science Labs (United Kingdom)
8. Paragon Laboratories (United Kingdom)
9. ABC Nutrition Ltd (United Kingdom)
10. Evonik Industries AG (Germany)
11. Naturex SA (France)
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐
1. Blackmores (Australia)
2. United Naturals Food, Inc. (Australia)
3. Feihe (China)
4. Yili (China)
5. Mengniu (China)
6. Biostime (China)
7. Beingmate (China)
8. Synutra International Inc (China)
9. Wondersun (China)
10. Wissun (China)
11. Shijiazhuang Junlebao Dairy Co., Ltd. (China)
12. Brightdairy Dairy Co., Ltd (China)
13. Sanyuan Group (China)
14. Yinqiao Group (China)
15. Longdan Dairy (China)
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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