Allied Market Research

2024

Fitness Supplements Market

Fitness Supplements Market Size, Share, Competitive Landscape and Trend Analysis Report by Source, by Product by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2022-2032

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Author's: | Roshan Deshmukh
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Fitness supplement is product that help maintain as well as enhance athletic performance, increase speed postexercise restoration, but also encourage overall wellness. Such dietary supplement come as powder, refreshment, and bar as well as usually feature a combination of nutrient, mineral, peptide, and other artificial or organic ingredient. It seem to be product that help improve athletic performance, advertise recovery following physical activity, as well as encourage good health.One of the main advantages of fitness supplements is the ability to assist sports people and fitness enthusiasts in the more efficiently accomplishing their fitness goals. Protein supplements, for instance, can help construct and restore muscle tissue, whereas caffeine supplements can enhance endurance and ability to focus all through workouts. Fitness supplements also are frequently used to aid throughout postexercise recovering. This one is due to the fact that they may aid in the reduction of sore muscles, swelling, and tiredness.
Furthermore, the excess supply for organic and natural supplements has led to the launch of new plant-based products into to this market. Vega, for instance, offers an array of plant-based protein powders deduced from source materials including such pea protein & hemp protein. For instance, Garden of Life offers a range of widely used nonprotein powders made from a combination of plant-based additives like whey protein, brown rice protein, and flax seeds. The business Beyond Meat, known best for its plant-based meat substitutes, also has provided a range of plant-based protein powder product lines. These fresh offerings indicate increasing demand inside this market for sustainable and environmentally friendly alternative solutions.
Furthermore, as more people take part in physical activity and sports, there is a more need for supplements that really can improve performance, aid throughout recovering, and decrease muscle soreness. Athletes and gym goers are continuously looking for ways to improve their achievement and reach one‘s fitness goals, that has resulted in an increase in supply for supplements such as creatine, beta-alanine, as well as branched-chain amino acid supplements.
 
New product launches to flourish in the market
Gatorade Super Shake was launched in February 2021 by PepsiCo, the Gatorade Super Shake is a ready-to-drink protein shake that contains 30 grams of protein and is designed to support muscle recovery and hydration. Also Optimum Nutrition Essential Amino Energy RTD launched in January 2021 by Glanbia Performance Nutrition, this ready-to-drink amino acid and caffeine supplement is designed to support energy, focus, and muscle recovery. Moreover, Ghost Greens launched in November 2020 by Ghost Lifestyle, Ghost Greens is a plant-based supplement that contains a blend of 19 greens and reds, along with digestive enzymes and probiotics. Also, Quest Nutrition Protein Chips launched in October 2020 by Quest Nutrition, these protein chips are made with high-quality whey protein and are designed to provide a savory snack option for fitness enthusiasts.
 
Segment Overview:
By source: The fitness supplements market is divided into animal-based and plant-based supplements. Plant-based supplements, including such soy protein as well as pea protein, are made from plant sources, so although animal-based supplements, including such whey protein, are deduced from animal sources including such eggs and milk. Plant-based supplements had also grown in popularity as a cruelty-free as well as due to resource to animal-based supplements, due to increasing supply for vegetarian and vegan products.
 
By product: The fitness supplements market is divided into protein powder, protein bars, and ready-to-drink. Protein powders constitute the most popular type of supplement and thus are typically added to water or milk to start making a protein drink. Protein bars are indeed a handy on-the-go alternative, whereas ready-to-drink supplements seem to be premixed but also bundled in cans or bottles for direct consumption. Each form of supplement offers distinct benefits and is favoured by various demographics predicated on one‘s lifestyle and strength and conditioning objectives.
 
By distribution channel: The fitness supplements market is divided into supermarkets/hypermarkets, online stores, direct-to-customer (DTC), and others. Supermarkets and hypermarkets are conventional brick-and-mortar shops offering a variety of supplements from different brands. Because of the ease of purchasing from residence as well as having access to a broader variety of goods, online stores had also become increasingly common. Manufacturers sell products directly to the customer through DTC channels, and other streams could include specialty shops, drug stores, as well as health food shops.
 
By region: The Asia-Pacific (APAC) fitness supplements market is projected to expand substantially in the years to come, due mainly to the rise in fitness and health consciousness, starting to rise expendable income, and urban growth. Fitness activities including such gymnastics, running, and meditation are growing more popular in nations like India and China. This trend has increased requirement for strength and conditioning probiotics like protein shakes and bars, preworkout multivitamins, as well as other health products.
 
Furthermore, the region's emergence in e-commerce had also made it simpler for consumers to buy fitness supplements online, with many companies providing exclusive online offers and price reductions. The growing market for organic and natural probiotics has also led to a rise in their accessibility in the APAC market, with several local and international brand names having to cater to this segment. All in all, the APAC fitness supplements market is projected to expand further in the coming years, owing to the region's changing athletic ability as well as wellness landscape.
 
Competitive analysis and profiles of the major players in the fitness supplements market, such as Abbott Laboratories, AMCO Proteins, CytoSport, Inc., Glanbia, plc, Iovate Health Sciences International Inc., MusclePharm Co., NOW Foods, Quest Nutrition, The Bountiful Company, and Transparent Labs. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of this market.

Fitness Supplements Market Report Highlights

Aspects Details
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By Source
  • Animal-based
  • Plant-based
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By Product
  • Protein Powder
  • Protein Bars
  • Ready-to-Drink
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By Distribution Channel
  • Supermarkets/Hypermarkets
  • Online Stores
  • Direct-to-customer (DTC)
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

CytoSport, Inc., THE BOUNTIFUL COMPANY, Glanbia, plc, AMCO Proteins, Abbott Laboratories, Transparent Labs, Iovate Health Sciences International Inc., MusclePharm Corporation, NOW Foods, QuestNutrition

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Fitness Supplements Market

Global Opportunity Analysis and Industry Forecast, 2022-2032