Sports Nutrition Market by Product (Sports Drink, Sports Foods, Sports Supplements), Formulation (Liquid, Powder, Tablets/Capsules), Consumer Group, Distribution Channel, End-User - Global Forecast 2024-2030

Sports Nutrition Market by Product (Sports Drink, Sports Foods, Sports Supplements), Formulation (Liquid, Powder, Tablets/Capsules), Consumer Group, Distribution Channel, End-User - Global Forecast 2024-2030

The Sports Nutrition Market size was estimated at USD 36.52 billion in 2023 and expected to reach USD 39.27 billion in 2024, at a CAGR 8.04% to reach USD 62.78 billion by 2030.

Global Sports Nutrition Market

Sports nutrition is a specialized branch of nutritional science focused on studying and practicing diet and nutrition specifically geared toward improving athletic performance. It encompasses an array of subjects, including the types and quantities of food, fluids, and supplements consumed by athletes, as well as the timing of intake to optimize health, energy levels, body composition, and overall performance. The sports nutrition market is growing due to several factors, including increasing awareness of health and fitness, a surge in the number of gyms and health clubs, and the rising popularity of athletic activities among the general population. However, regulatory hurdles and variations in international standards can also impede market expansion. Nevertheless, the growing consumer interest in plant-based and organic products signals a shift towards more natural and sustainable sources of nutrition. There is also an opportunity to personalize nutrition based on individual health and fitness goals facilitated by technological advancements, which is expected to create potential opportunities for market growth.

Regional Insights

In the Americas, the sports nutrition market is evolving with a strong emphasis on protein-based products. The market is witnessing a shift towards natural and plant-based products, owing to the rise of veganism and concerns over food allergies. Furthermore, the sports nutrition market in the Americas also showcases significant patent activity, mainly around new formulations and delivery systems. Companies are investing heavily in research to differentiate their product offerings. In the European Union, the recent trend leans towards organic and vegan products, with a sharp rise in demand for sustainable and eco-friendly sports nutrition. On the other hand, the Middle East sports nutrition market is growing rapidly owing to increasing disposable income and awareness about fitness. The region sees an influx of international brands setting up distribution channels, with particular countries often serving as hubs for expansion. In Africa, the majority of demand comes from urban populations with increasing health consciousness. Across the EMEA region, there are active investments in research and collaborations between academic institutions and sports nutrition companies to develop products that cater to the unique nutritional needs of athletes. The Asia Pacific region is experiencing a surge in demand for sports nutrition products due to increasing awareness of health and fitness and a growing middle-class population. Consumers in these areas are becoming more inclined towards fitness activities, and hence, the pursuit of athletic excellence is driving the sports nutrition market. Furthermore, notable investments include expanding production facilities by global sports nutrition companies and a significant interest in research on developing sports nutrition tailored to the genetic and lifestyle needs of individuals in the Asia Pacific region, catalyzing the demand for sports nutrition products.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Sports Nutrition Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Sports Nutrition Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Sports Nutrition Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Ajinomoto Co., Inc., Archer-Daniels-Midland Company, BioCorp Nutrition Labs, Bulk by Sports Supplements Limited, Clif Bar & Company by Mondelēz Global LLC, DYAD LABS by MERIEUX NUTRISCIENCES CO., Eleat Sports Nutrition, LLC, General Nutrition Centers Inc., Glanbia PLC, GlaxoSmithKline PLC, Hormel Foods Corporation, Iovate Health Sciences International Inc., Koninklijke DSM N.V., Lonza Group, Momentous, MusclePharm Corporation, Nestlé S.A., NutriSport Pharmacal, Inc., Nutrivo, Olimp Laboratories Sp. z o.o., PanTheryx, Inc. by Colostrum Company, PepsiCo Inc., Post Holdings, Inc., Proteini.si, Science in Sport PLC, SDC Nutrition Inc., Superior Supplement Manufacturing, Twinlab Consolidation Corporation, Ultimate Nutrition Inc., and Vega US, LLC.

Market Segmentation & Coverage

This research report categorizes the Sports Nutrition Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Sports Drink
Hypertonic
Hypotonic
Isotonic
Sports Foods
Energy Bars
Protein Bars
Protein Gels
Sports Supplements
Amino Acids
Carbohydrates
Minerals
Omega -3
Probiotics
Protein
Vitamin
Formulation
Liquid
Powder
Tablets/Capsules
Consumer Group
Adults
Children
Geriatric
Distribution Channel
E-Commerce
Retail Stores & Convenience Stores
Supermarket & Hypermarket
End-User
Athletes
Bodybuilders
Fitness Enthusiasts
Recreational Users
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Sports Nutrition Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Sports Nutrition Market?
3. What are the technology trends and regulatory frameworks in the Sports Nutrition Market?
4. What is the market share of the leading vendors in the Sports Nutrition Market?
5. Which modes and strategic moves are suitable for entering the Sports Nutrition Market?

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