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2022
Sports Nutrition Market

Sports Nutrition Market

by Type, (Protein Powder, ISO Drink Powder, Sports Supplements, RTD Protein Drinks, Sports Drinks, Energy Bars, and Others), End User (Athletes, Bodybuilders, and Lifestyle Users), and Sales Channel (Hypermarket/Supermarket, Drugs and Specialty Stores, Fitness Centers, and Online Channels): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A00614
Pages: 300
Jan 2022 | 53166 Views
Author(s) : Himanshu V , Roshan D
Tables: 143
Charts: 81
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global sports nutrition market size was valued at $34.8 billion in 2020, and is projected reach $67.9 billion by 2030, registering a CAGR of 5.4% from 2021 to 2030. The protein powder segment led in terms of sports nutrition market share in 2020, while the energy bars segment is expected to witness growth with the highest CAGR during the forecast period.

Sports nutrition products are specialized nutrition products that are designed to boost performance and increase recovery speeds during and after sports activities such as athletics, workouts, or bodybuilding.

Sports-Nutrition-Market

These products are used before and after physical activity to provide energy during the activity and help recovery post it. The most commonly used forms of sports nutrition products are protein powders and sports drinks. Most sports nutrition products are made with ingredients to boost physical capabilities and energy absorption by the body to gain maximum output from the efforts undertaken by the consumer. Sports nutrition products that contain protein promote building of new muscles in bodybuilders and helps maintain lean muscles in athletes, while products containing minerals, electrolytes, carbohydrates, and other types of nutrients help provide, energy, hydration, and nutrition to the body. A mixture of a variety of sports nutrition products are used by athletes to gain the best possible output and to properly supplement their nutritional needs during strenuous workouts and physical activities.

A lot of protein powders and protein rinks make use of whey protein, which is extracted from milk. This helps to keep the product as natural as possible and to reduce the use of chemical ingredients. The use of organic ingredients in the production of sports nutrition products is gaining high traction in the market as consumers are becoming more concerned with the use of ingredients used in the products. Furthermore, increase in demand from casual consumers, which are not actively engaged in any strenuous physical activities, is further driving market expansion. The demand for energy bars and RTD protein drinks is rapidly increasing among lifestyle users, which is helping the market witness growth. Furthermore, availability of such products is becoming much easier through the use of online stores and delivery services, which is further aiding in sports nutrition market growth.

Segment review

The global sports nutrition market is segmented on the basis of type, end user, sales channel, and region. Based on type, the global market is segregated into protein powder, ISO drink powder, sports supplements, RTD protein drinks, sports drinks, energy bars, and others. By end user, the market is segmented into athletes, bodybuilders, and lifestyle users. Based on sales channel, the global market is studied across hypermarket/supermarket, drugs and specialty stores, fitness centers, and online channels. Region wise, the sports nutrition market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Sports Nutrition Market
By Type

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The protein powder segment dominates the global Sports Nutrition market and is expected to retain its dominance throughout the forecast period.

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By type, the sports nutrition market is divided into protein powder, ISO drink powder, sports supplements, RTD protein drinks, sports drinks, energy bars, and others. Protein powder is the most widely used sports nutrition product followed by sports drinks, as these are the most well-known type of sports nutritional products available in the market.

Sports Nutrition Market
By End User

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The lifestyle users segment dominates the global Sports Nutrition market and is expected to retain its dominance throughout the forecast period.

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Depending on end user, the market is divided into athletes, bodybuilders, and lifestyle users. Lifestyle users are the largest consumers of sports nutrition products, and include consumers who either casually exercise to stay fit or people who want to consume healthy food and snacks.

Sports Nutrition Market
By Distribution Channel

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The hypermarket/supermarket segment dominates the global Sports Nutrition market and is expected to retain its dominance throughout the forecast period.

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By sales channel, the market is divided into hypermarket/supermarket, drugs and specialty stores, fitness centers, and online channels. Hypermarkets/supermarkets are the most preferred methods of purchase of sports nutrition products as they are the most easily accessible location and contain a myriad of products to choose from.

Sports Nutrition Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

The North America segment dominates the global Sports Nutrition market and is expected to retain its dominance throughout the forecast period.

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The report focuses on the market growth prospects, restraints, and opportunities of the global sports nutrition market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the sports nutrition market.

Some of the major players profiled for in the sports nutrition market analysis include Abbott Nutrition, Inc., Clif Bar & Company, Glanbia Plc., GNC Holdings, Otsuka Pharmaceutical Co., Ltd., PepsiCo Inc., Post Holdings, Inc., Reckitt Benckiser Group Plc., The Coca-Cola Company, and Yakult Honsha Co., Ltd.

Covid-19 Impact Analysis

  • Sports nutrition industry was severely negatively impacted by the pandemic owing to closure of gyms and fitness centers due to lockdowns
  • With people becoming more concerned regarding their health, use of natural and clean label products is likely to gain high traction.
  • In the post COVID-19 scenario, a greater inclination toward health and fitness and reopening of gyms and fitness centers will further aid in market expansion.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging sports nutrition market trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing sports nutrition market opportunities in the market.
  • The sports nutrition market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Sports Nutrition Market Report Highlights

Aspects Details
By Type
  • Protein powder
  • ISO drink powder
  • Sports supplements
  • RTD protein drinks
  • Sports drinks
  • Energy bars
  • Others
By End user
  • Athletes
  • Bodybuilders
  • Lifestyle Users
By Sales Channel
  • Hypermarket/Supermarket
  • Specialty Stores
  • Fitness Centers
  • Online Channels
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Argentina, South Africa, Rest of LAMEA)
Other players in the value chain include Atlantic Multipower UK Limited, GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc., PowerBar Europe GmbH
 

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Recent years have seen a major increase in the awareness of consumers regarding health, fitness, and sports activities. This increase in awareness has caused an upsurge in the number of people who partake in such activates and also choose such activities as a profession. In order to obtain optimum performance and results out of such strenuous activities, the body needs nourishment and nutrition and this need of the body is fulfilled by the use of sports nutrition products.

Most of the sports nutrition products available in the market aim at healing the body post strenuous activities and providing nutrition to the body in order to boost the performance of the athletes or gym goers and to provide speedy recovery. This helps in increasing the time for which the consumer can carry out physical activities and help in reducing the time span in between two session of activities. Moreover, the use of such products helps provide more energy and supplement the body with essential nutrients and minerals, which significantly improve the results and the outputs of the workout or the athletic activities carried out by the consumers.

The increasing use of sports nutrition products amongst casual consumers is due to the increase in the trend of consuming healthy and nutritious foods and beverages. Greater use of organic and vegan ingredients in the production of sports nutrition products in also helping in increasing the customer base for such products. Rapidly increasing sales of such products via online channels will also help increase the reach of the market, thus increasing the customer base.

 

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FREQUENTLY ASKED QUESTIONS?

A. $5,770 is the total market value of the sports nutrition market report.

A. 2021-2030 would be the forecast period in the sports nutrition market report?

A. 2020 is the base year calculated in the sports nutrition market report

A. Abbott Nutrition, Inc., Clif Bar & Company, Glanbia Plc., and GNC Holdings are the top companies hold the market share in the sports nutrition market.

A. Energy bars is the most influencing segment growing in the sports nutrition market report

A. Protein powder segment holds the maximum market share of the sports nutrition market.

A. Company profiles have been selected on the basis of their market growth and market share.

A. 67.9 billion is the market value of the Sports Nutrition Market in 2020.

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