Global Sports Nutrition Market

Description

Market Overview

The global sports nutrition market reached US$ 26,106 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 68,231 million by 2030. The market is growing at a CAGR of 12.8% during the forecast period (2023-2030).

Athletes and active individuals require more protein than sedentary individuals to support muscle growth and repair. The American College of Sports Medicine recommends that athletes consume between 1.2 and 1.7 grams of protein per kilogram of body weight per day. Carbohydrates are the primary source of fuel for high-intensity exercise. The International Olympic Committee recommends that athletes consume between 5-12 grams of carbohydrates per kilogram of body weight per day, depending on the intensity and duration of their training which drives the global sports nutrition market value. When it comes to signing up for memberships, health clubs and fitness centers specifically target the millennial generation. The majority of these health clubs generate revenue by offering their members protein supplements, energy drinks, nutrition bars, and other sports nutrition products which fuels the market size in the forecast period.

Market Dynamics

The Increasing Health Benefits Associated With Sports Nutrition Products Is Expected To Drive The Market Growth

Sports nutrition products can provide a variety of health benefits for athletes and fitness enthusiasts. Sports nutrition products such as energy bars, gels, and drinks are designed to provide athletes with quick energy to fuel their workouts and improve performance. Supplements such as beta-alanine, caffeine, and nitrate can help improve endurance by reducing fatigue and increasing oxygen uptake during exercise. Protein supplements such as whey protein and casein can help speed up recovery time after workouts by repairing muscle tissue and reducing inflammation, and creating lucrative sales in sports nutrition products.

The Excessive Availability Of Alternative Products And Negative Perception Of Ingredients

While sports drinks can be useful for maintaining hydration during exercise, plain water is still the most important source of hydration. Drinking water before, during, and after exercise is essential to maintain optimal hydration levels. while sports nutrition products can be helpful for some athletes, they are not a necessary component of a healthy diet and exercise routine. A balanced diet that includes whole, nutrient-dense foods can provide the energy and nutrients necessary to support athletic performance and recovery products are alternatives to sports nutrition products.

Artificial Intelligence Analysis

Artificial intelligence (AI) has the potential to revolutionize the field of sports nutrition by helping athletes optimize their diets and improve their performance. AI algorithms can analyze an athlete's biometric data, such as body composition, metabolic rate, and genetic profile, to create a personalized nutrition plan that takes into account their unique needs and goals. Wearable devices that track an athlete's nutritional intake, such as smart water bottles and food-tracking apps, can use AI to analyze the data and provide real-time feedback and recommendations to help optimize their nutrition.

Segment Analysis

The global sports nutrition market is segmented based on product type, end user, distribution channel and region.

E-commerce Segment Accounts for Sizable Share In The Global Sports Nutrition Market

Over the forecast period, the e-commerce channel is anticipated to have the fastest rate of growth. Sports supplements are offered at attractive discounts by online retailers, which is increasing demand for goods sold through these channels. Additionally, an increase in the tactics used by online competitors to compete with their retail rivals may accelerate the growth of online channels in the years to come. For instance, on April 17, 2023, Kirin launched its first Food with Function Claims (FFC) sports nutrition drink with immune health benefits, as it seeks to tap into active consumers' demands for multifunctional products.

Geographical Analysis

Europe Holds The Largest Share In The Global Sports Nutrition Market

By region, the global sports nutrition market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east and America.

Sports nutrition food is becoming more popular as a convenient food option to sate hunger and provide nutrition after sports or exercise due to the changing lifestyles of consumers in the Asia-Pacific region, particularly in nations like India and China. As a result, one of the key factors propelling the sports nutrition market is consumer participation in sports. The growing trend of snacking among the nation's health-conscious consumers fuels the demand for sports nutrition, particularly energy and protein bars. Customers ultimately save time because these products are directly related to RTE foods. With their diverse needs, such as those for muscle growth, stamina improvement, and body-fat reduction, among others, fitness enthusiasts in the area are also driving the market and allowing new players to enter. For instance, on April 24, 2023, Tiger Shroff's Prowl launched sports supplements with a build in New Delhi.

Competitive Landscape

The major global players include: Iovate Health Sciences International Inc., Campo de Lorca. Abbott Laboratories, Quest Nutrition, PepsiCo, Inc., Clif Bar & Company, The Coca-Cola Company, MusclePharm, The Bountiful Company, Post Holdings, Inc., and BA SPORTS NUTRITION, LLC.

Why Purchase the Report?

To visualize the global sports nutrition market segmentation based on product type, end users, distribution channel, and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of Sports nutrition market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as Excel consisting of key products of all the major players.

The global Sports nutrition market report would provide approximately 53 tables, 46 figures and 195 Pages.

Target Audience 2023

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

Product Code: FB841

1. Methodology and Scope

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

3.1. Snippet by Product Type
3.2. Snippet by End User
3.3. Snippet by Distribution Channel
3.4. Snippet by Region

4. Dynamics

4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis

5. Industry Analysis

5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis

6. COVID-19 Analysis

6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID-19
- 6.1.2. Scenario During COVID-19
- 6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion

7. By Product Type

7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 7.1.2. Market Attractiveness Index, By Product Type
7.2. Protein Powder*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. ISO Drink Powder
7.4. Sports Supplements
7.5. RTD Protein Drinks
7.6. Sports Drinks
7.7. Energy Bars
7.8. Others

8. By End User

8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 8.1.2. Market Attractiveness Index, By End User
8.2. Athletes*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Body Builders
8.4. Lifestyle Users

9. By Distribution Channel

9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 9.1.2. Market Attractiveness Index, By Distribution Channel
9.2. Supermarket/Hypermarket *
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Drugs and Specialty Stores
9.4. Fitness Centers
9.5. Online Channels

10. By Region

10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.2.6.1. The U.S.
  - 10.2.6.2. Canada
  - 10.2.6.3. Mexico
10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.3.6.1. Germany
  - 10.3.6.2. The U.K.
  - 10.3.6.3. France
  - 10.3.6.4. Italy
  - 10.3.6.5. Spain
  - 10.3.6.6. Rest of Europe
10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.4.6.1. Brazil
  - 10.4.6.2. Argentina
  - 10.4.6.3. Rest of South America
10.5. Asia-Pacific
10.6. Introduction
10.7. Key Region-Specific Dynamics
- 10.7.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.7.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 10.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.7.4.1. China
  - 10.7.4.2. India
  - 10.7.4.3. Japan
  - 10.7.4.4. Australia
  - 10.7.4.5. Rest of Asia-Pacific
10.8. Middle East and Africa
- 10.8.1. Introduction
- 10.8.2. Key Region-Specific Dynamics
- 10.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel

11. Competitive Landscape

11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis

12. Company Profiles

12.1. Iovate Health Sciences International Inc.*
- 12.1.1. Company Overview
- 12.1.2. Grade Portfolio and Description
- 12.1.3. Financial Overview
- 12.1.4. Key Developments
12.2. Abbott Laboratories
12.3. Quest Nutrition
12.4. PepsiCo, Inc.
12.5. Clif Bar & Company
12.6. The Coca-Cola Company
12.7. MusclePharm
12.8. The Bountiful Company
12.9. Post Holdings, Inc.
12.10. BA SPORTS NUTRITION, LLC

LIST NOT EXHAUSTIVE

13. Appendix

13.1. About Us and Services
13.2. Contact Us

Global Sports Nutrition Market - 2023-2030