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Global Creatine Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Publisher Maia Research
Published Jun 25, 2024
Length 123 Pages
SKU # MAIR18916965

Description

Global Creatine Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030


Creatine is a naturally occurring amino acid found in meat and fish and also produced by the body's liver, kidneys, and pancreas. The body stores creatine primarily in the form of creatine phosphate in muscles, where it is used to produce energy. The appeal of creatine is that it can increase lean muscle mass and improve athletic performance, especially during high-intensity, short-duration exercises such as high jumping and weightlifting. People also use oral creatine to treat certain brain diseases, neuromuscular diseases, congestive heart failure, and other medical conditions. Topical creatine can be used to treat aging skin.

Market Overview:

The latest research study on the global Creatine market finds that the global Creatine market reached a value of USD 665.08 million in 2023. It’s expected that the market will achieve USD 851.51 million by 2029, exhibiting a CAGR of 4.2% during the forecast period.

Advantages of Creatine

Creatine is best known for increasing muscle mass and improving athletic performance in athletes, but creatine can also support fitness, overall health, and well-being for non-athletes. In addition to being naturally produced in the body, creatine is found naturally in red meat and seafood. It is also sold as a more concentrated supplement. Creatine is sold through a wide range of distribution channels, including health and wellness stores, specialty sports nutrition stores, gyms and fitness centers, online retailers, and pharmacies. The market serves a variety of consumer groups including professional bodybuilders, athletes, fitness enthusiasts, senior citizens, vegetarians, and people with health conditions. The most common use of creatine is to build muscle and improve performance, endurance, and recovery time, and most sports nutrition supplements contain creatine. It is particularly helpful for sports that require short, high-intensity activities. But beyond its effects on athletic performance and muscle mass, creatine has other potential benefits. In some cases, creatine can reduce mental fatigue, especially in high-stress situations such as sleep deprivation or exercise to exhaustion. Creatine may also improve certain aspects of memory, especially in people with below-average creatine levels, such as vegetarians and the elderly. There is also some preliminary evidence that creatine can reduce depressive symptoms in people with major depressive disorder or bipolar disorder. Creatine can also help with anti-aging skin. For example, creams containing creatine can reduce skin sagging and wrinkles, improve sun damage, etc. Compared to other supplement options, including collagen and protein isolate supplements, creatine supplements are relatively low-cost and offer good value for money. Their long shelf life also makes them a practical option for families who don’t always have access to cheap organic supplements. Therefore, as people's awareness of creatine continues to increase, creatine has brought huge market benefits.

Growth in the health and fitness industry

As the lifestyles of people around the world become busier and more sedentary, health concerns and awareness continue to increase. Increased consumption of sugar and other fast food has led to an increase in the number of obese people and a majority of them are diagnosed with hypertension, diabetes, and many other diseases. These factors will attract the younger generation and millennials to join health clubs, gyms, and other ongoing health-related activities. Younger generations and millennials are more concerned about their physical, mental, and spiritual health, and these people are more likely to go to the gym and spend time exercising, as well as consuming sports products that promise beneficial results. The fitness industry has been growing rapidly over the past decade. Health insurance costs, demand for healthy foods, fitness trackers, and streaming exercise classes have sparked growth in the fitness industry. As awareness of the savings of insuring healthy people increases, employers are now offering or incentivizing gym memberships to employees. At the same time, consumers in developed countries are moving away from processed foods in favor of whole foods, and this interest in overall health has carried over to fitness. As consumers become more focused on health and wellness, new trends are emerging in the fitness industry, such as streaming fitness classes, online fitness, and studios offering community-oriented experiences. The accessibility and convenience offered by digital solutions such as fitness apps and wearables have opened up new ways for individuals to engage in exercise, receive professional guidance, and track progress. These trends allow for a more personalized approach to fitness and will continue to increase consumer interest. Creatine has long been recognized by the scientific community and hard-training athletes as a product that delivers on the promise of increasing strength and muscle size. Athletes are the core of this market. The need for creatine is also increasing because it helps improve athletic performance, cognitive abilities, mental health, and digestion. Overall, the creatine industry is experiencing rapid growth due to the increasing demand for sports supplements, rising consumer health and fitness awareness, and the growing popularity of bodybuilding and other sports.

Region Overview:

In 2022, the share of the Creatine market in North America stood at 38.44%.

Company Overview:

The major players operating in the Creatine market include Inner Mongolia Chengxin Yongan Chemical, AlzChem, Shanghai baosui Chemical, Ningxia Heng Kang Pharmaceutical Technology, Jiangsu Yuanyang Pharmaceutical, etc. Among which, Inner Mongolia Chengxin Yongan Chemical ranked top in terms of sales and revenue in 2023.

The company is a high-tech enterprise engaged in the production, operation, and R&D activities of downstream fine chemical products, with more than 400 employees. The company has domestic and foreign advanced production equipment, inspection and testing instruments, high-quality management, production, inspection personnel, and mature production technology, and the product quality has reached an advanced level. The company's main products are yellow blood salt sodium, yellow blood salt potassium, aniline, ammonium sulfate, creatine monohydrate, CDA, and CAM.

Segmentation Overview:

By type, Creatine 200 Mesh segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Health Care Product segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Creatine market covered in Chapter 3:

Shanghai baosui Chemical
Ningxia Taikang Pharmaceutical
Fushun Shunte Chemical
AlzChem
Jiangsu Yuanyang Pharmaceutical
Ningxia Heng Kang Pharmaceutical Technology
Inner Mongolia Chengxin Yongan Chemical

In Chapter 4 and Chapter 14.2, on the basis of types, the Creatine market from 2019 to 2030 is primarily split into:

Creatine 80 Mesh
Creatine 200 Mesh

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Creatine market from 2019 to 2030 covers:

Health Care Product
Feed
Food & Beverage
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Table of Contents

123 Pages
Chapter 1 Market Definition and Statistical Scope
Chapter 2 Research Findings and Conclusion
Chapter 3 Key Companies’ Profile
Chapter 4 Global Creatine Market Segmented by Type
Chapter 5 Global Creatine Market Segmented by Downstream Industry
Chapter 6 Creatine Industry Chain Analysis
Chapter 7 The Development and Dynamics of Creatine Market
Chapter 8 Global Creatine Market Segmented by Geography
Chapter 9 North America
Chapter 10 Europe
Chapter 11 Asia Pacific
Chapter 12 Latin America
Chapter 13 Middle East & Africa
Chapter 14 Global Creatine Market Forecast by Geography, Type, and Downstream Industry 2024-2030
Chapter 15 Appendix
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