Sports Nutrition Market
Market Overview:
The sports nutrition market is estimated to reach USD 51.65 billion in 2024 and is expected to reach USD 93.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Market Trends:
The global sports nutrition market is expected to witness high growth during the forecast period owing to increasing health consciousness and growing preference for fitness activities among people across the globe. With rising incidence of obesity rates and lifestyle-related diseases, people are changing their lifestyles and shifting focus towards health and wellness. This has led to increased participation in sports and active lifestyles. Moreover, easy availability and aggressive marketing of sports nutrition products through e-commerce platforms and specialized stores are also boosting the market growth. Social media publicity through celebrity and athlete endorsements has created awareness and demand for innovative products. Continuous launch of new products catering to customized nutrition needs is another factor propelling the market expansion during the forecast period.
💎 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/1018
Key Market Drivers of Sports Nutrition Market
Emphasis on fitness and healthy lifestyles drives more consumers to seek sports nutrition products
In today’s world, people are becoming more health conscious and fitness oriented. With issues like obesity, diabetes, and hypertension on the rise, people are starting to realize the importance of staying healthy and living an active lifestyle. With an increase in disposable income, people are now willing to spend money on products, supplements, and programs that will help them achieve their fitness goals and maintain their overall health. This changing attitude towards fitness and health is a key driver of the sports nutrition market as more consumers are incorporating protein shakes, energy bars, supplements, etc. into their diets and exercise regimes to gain muscle, lose weight, and enhance athletic performance.
Huge market opportunity in sports nutrition
Growth of e-commerce and online retail channels
The rise of e-commerce platforms has given companies an opportunity to leverage on a digitally savvy customer base. Shoppers now find it convenient to browse multiple brands, compare prices and specifications, and read reviews before purchasing health supplements online. Sports nutrition market players can leverage technology to build a strong online presence through company-owned websites and prominent e-commerce portals. Products suited to individual buyer types such as women, seniors, and children can be promoted online to increase customer reach. Services such as product customization, subscription programs, and easy returns/exchanges also enhance the online shopping experience. The sports nutrition sector stands to benefit immensely from the thriving e-commerce sector across the globe.
Notable Market Trends in Sports Nutrition
The shift towards plant-based and clean-label supplements
Consumers are becoming more experimental and informed about ingredients used in their food. Plant-based, organic, non-GMO, and clean-label products are increasingly being preferred. Even in sports nutrition, customers are looking for supplements made from natural whole-food sources rather than synthetic or chemically derived ingredients. Manufacturers are responding to this trend by launching vegan protein powders made from pea, soy, hemp, etc., herb/fruit-based pre-workout formulas, and beverages containing superfoods such as acai, maca, and matcha. Manufacturers are also emphasizing ingredient traceability and minimal processing methods to appeal to health-conscious buyers. This changing trend indicates that clean and natural supplements will gain more attention than conventional products in the coming years.
💎 The complete report can be purchased here: https://www.coherentmarketinsights.com/insight/buy-now/1018
Top companies profiled in the report:
★ Maxi Nutrition
★ Granvia
★ PepsiCo
★ GNC Holdings
★ Clif Bar & Company
★ Coca-Cola
★Universal Nutrition
★ Atlantic Multipower UK Limited
★ GlaxoSmithKline
★ Olympus Laboratories
★ Ultimate Nutrition Co., Ltd.
★ Power Bar Europe Ltd.
★ Iovate Health Science
★ Quest Nutrition
★ PepsiCo
★ Clif Bar
★ Coca-Cola
★Muscle Farm
★ Bountiful Company
★ Post Holdings
Market segmentation:
By product type:
★ Product type: Sports food, sports drinks, sports supplements
* By distribution channel: Supermarkets/hypermarkets, convenience stores, specialty stores, online stores, other distribution channels
The major regions/countries are categorized as follows:
» North America (USA, Canada, Mexico)
» Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
» Asia Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia Pacific)
» South America (Brazil, Argentina, other parts of Southern Africa)
» Middle East and Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of Middle East and Africa)
Key insights gained from the global sports nutrition market analysis:
Market Size Assessment: Assess the value and revenue of the Sports Nutrition market from 2024 to 2031.
Market Trends and Trends: Analyze the drivers, opportunities, challenges, and risks impacting the sports nutrition market.
Macroeconomic and Regional Impact: Explore how global inflation and geopolitical events will impact the sports nutrition market.
Segment Analysis: To study the Sports Nutrition market value and sales volume by type and application from 2024 to 2031.
Regional Market Overview: Evaluate the current status and future outlook of the Sports Nutrition market across various regions.
Country-Level Study: Provides insights into the revenue and sales volume of major countries within each region.
The report also provides in-depth coverage of the competitive landscape, key players, trade patterns, industry value chain, recent news, policies and regulations. If you have any questions or require customization options, please feel free to contact us.
In summary, whether you are involved in manufacturing, distribution or investment in the sports nutrition sector, this report will provide you with valuable insights into market segments, drivers, challenges, investment prospects, regional trends, key players, growth strategies, prevailing trends and obstacles impacting the expansion of the industry.
💎 For customization requests, please contact: @ https://www.coherentmarketinsights.com/insight/request-customization/1018
Author Profile:
Alice Mutum is a veteran Senior Content Editor at Coherent Market Insights, leveraging the extensive expertise she gained in her previous role as a content writer. With seven years of experience in content development, Alice expertly leverages SEO best practices and cutting-edge digital marketing strategies to create high-ranking, impactful content. As an editor, she meticulously ensures perfect grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in all research reports. Her dedication to excellence and strategic approach to content make her a valuable asset in the world of market analytics.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
inquiry
Mr. Shah
Coherent Market Insights, Inc.
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
USA: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
About us
Coherent Market Insights is a global market intelligence and consulting organization providing syndicated research reports, customized research reports, and consulting services. We are known for providing actionable insights and reliable reports across various sectors including Aerospace & Defense, Agriculture, Food & Beverages, Automotive, Chemicals & Materials, and an exhaustive list of almost all sectors and sub-domains. We create value for our clients through our reliable and accurate reports. We are also committed to playing a leading role in providing insights in various sectors post COVID-19 and continue to deliver measurable and sustainable results to our clients.
This release was published on openPR.
