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Market Overview:
The global sports nutrition market reached a value of US$ 47.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 74.2 Billion by 2027, exhibiting at a CAGR of 7.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Sports nutrition refers to the practice of maintaining a healthy diet and consuming nutrient-rich food products. Sports drinks, protein powders, dietary supplements and protein bars are some of the common examples of sports nutrition products. Athletes and active adults incorporate these products with a specific plan to achieve different fitness goals such as gaining lean mass and improving their body composition. These products also aim to reduce the effects of physical fatigue, injury and delayed recovery that can influence an athlete’s performance.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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With lifestyle disease incidences on the rise, there is an increasing awareness among consumers about the benefits of a healthy and nutritious diet. Consumers are now increasingly shifting toward maintaining a healthy lifestyle that aids in sustaining fitness while reducing the chances of lifestyle diseases. This coupled with other factors such as rising healthcare expenditures and increasing urbanization rates is driving the demand for sports nutrition products. Moreover, a significant increase in the number of casual or recreational users, professional bodybuilders and athletes as well as the growing number of young people opting sports as their career is contributing positively to the market growth. Furthermore, the proliferation of health and fitness centers, many of which also engage in the active promotion of sports nutrition products, have influenced their sales. Additionally, the incorporation of natural and plant-based ingredients along with the introduction of vegan alternatives in the product range has increased their acceptability among the masses.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sports nutrition market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, raw material and distribution channel.
Breakup by Product Type:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Breakup by Raw Material:
Breakup by Distribution Channel:
Breakup by Region:
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Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being The Coca-Cola Company, Abbott Nutrition Inc., PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., Post Holdings Inc., GNC Holdings, Clif Bar & Company, Otsuka Pharmaceutical Co. Ltd., Atlantic Multipower UK Limited, GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc., PowerBar Europe GmbH, etc.
IMARC Group’s latest report provides a deep insight into the global sports nutrition market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global sports nutrition market in any manner.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Raw Material, Distribution Channel, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | The Coca-Cola Company, Abbott Nutrition Inc., PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., Post Holdings Inc., GNC Holdings, Clif Bar & Company, Otsuka Pharmaceutical Co. Ltd., Atlantic Multipower UK Limited, GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc. and PowerBar Europe GmbH |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global sports nutrition market was valued at US$ 47.5 Billion in 2021.
We expect the global sports nutrition market to exhibit a CAGR of 7.9% during 2022-2027.
The increasing incorporation of natural and plant-based ingredients, along with the introduction of
vegan alternatives of sports nutrition items to expand the consumer base, is currently driving the global
sports nutrition market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
sport nutrition products.
Based on the product type, the global sports nutrition market can be bifurcated into sports drinks,
sports food, and sports supplements. Among these, sports drinks hold the majority of the total market
share.
Based on the raw material, the global sports nutrition market has been segregated into animal derived,
plant-based, and mixed. Currently, animal derived raw material exhibits clear dominance in the market.
Based on the distribution channel, the global sports nutrition market can be divided into hypermarkets
and supermarkets, convenience stores, drug and specialty stores, online, and others. Among these,
hypermarkets and supermarkets represent the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global sports nutrition market include The Coca-Cola Company, Abbott
Nutrition Inc., PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., Post
Holdings Inc., GNC Holdings, Clif Bar & Company, Otsuka Pharmaceutical Co. Ltd., Atlantic Multipower
UK Limited, GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc., PowerBar Europe GmbH,
etc.
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