Sports Nutrition Market: Insights, Key Players, and Growth Analysis 2024 –2031

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Global sports nutrition market size was valued at USD 19.66 billion in 2023 and is projected to reach USD 43.57 billion by 2031, with a CAGR of 10.46% during the forecast period of 2024 to 2031.

The Sports Nutrition Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

Brief Overview of the Sports Nutrition Market:

The global Sports Nutrition Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.

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 Which are the top companies operating in the Sports Nutrition Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Sports Nutrition Market report provides the information of the Top Companies in Sports Nutrition Market in the market their business strategy, financial situation etc.

Cargill Incorporated (U.S.), ADM (U.S.), Dupont (U.S.), Evonik (Germany), BASF SE (Germany), DSM (Netherlands), Ajinomoto Co., Inc. (Japan), Novozymes (Denmark), Chr. Hansen Holding A/S (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (U.S.), Adisseo (France), Alltech (U.S.), Global Nutrition International (France), Centafarm SRL (Italy), Bentoli (U.S.), and Novus International (U.S.)

Report Scope and Market Segmentation

Which are the driving factors of the Sports Nutrition Market?

The driving factors of the Sports Nutrition Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Sports Nutrition Market - Competitive and Segmentation Analysis:

**Segments**

- Based on product type, the global sports nutrition market is segmented into protein powder, ISO drink powder, capsule/tablets (creatine, BCAAs, others), supplement powder, RTD protein drinks, ISO & other sports drinks, carbohydrate drinks, protein bars, carbohydrate/energy bars, and other supplements.
- By end user, the market is classified into athletes, bodybuilders, recreational users, lifestyle users.
- On the basis of distribution channel, the market is divided into large retail & mass merchandisers, small retail, drug & specialty stores, fitness institutions, online, and others.

**Market Players**

- Glanbia plc
- Abbott
- AMSport
- GlaxoSmithKline plc
- Bayer AG
- Otsuka Pharmaceutical Co., Ltd.
- Yakult Honsha Co., Ltd.
- Post Holdings, Inc.
- Red Bull
- GCMMF (Amul)
- Dr Pepper Snapple Group
- Clif Bar & Company
- Danone
- Monster Beverage Corporation

The global sports nutrition market is set to exhibit substantial growth during the forecast period of 2022-2029. The increasing inclination towards a healthy lifestyle, rising awareness regarding fitness, and a surge in disposable income are driving the market growth significantly. The demand for sports nutrition products is witnessing an upsurge among individuals participating in various sports activities, fitness enthusiasts, and athletes looking to enhance their performance. The market is further boosted by the expansion of the health and wellness industry, coupled with the growing popularity of fitness centers and gyms worldwide.

On the basis of product type, the protein powder segment dominates the market due to its high protein content and ease of consumption. Additionally, the RTD protein drinks segment is experiencing rapid growth owing to the convenience factor and busy lifestyles of consumers. Among end users, athletes remain the primary consumers of sports nutrition products as they seek enhanced performance and muscle recovery. The distribution channels play a crucial role in reachingThe global sports nutrition market is currently experiencing a significant growth trajectory, driven by various factors such as the increasing focus on healthy lifestyles, rising awareness about fitness, and a surge in disposable income among consumers. These trends have led to a growing demand for sports nutrition products from individuals engaged in sports activities, fitness enthusiasts, and professional athletes looking to improve their performance. The market is also benefiting from the overall expansion of the health and wellness industry and the proliferation of fitness centers and gyms worldwide. As a result, market players across the globe are actively capitalizing on these opportunities to meet the evolving needs of consumers in the sports nutrition sector.

The segmentation of the sports nutrition market based on product type reveals a diverse range of offerings catering to different consumer preferences and needs. Protein powder emerges as a dominant segment due to its high protein content, versatility, and ease of consumption, making it a popular choice among various consumer segments. The RTD (Ready-to-Drink) protein drinks segment is also witnessing rapid growth, driven by the convenience it offers to consumers with busy lifestyles. This category of sports nutrition products provides a convenient and quick source of protein intake, making it appealing to a wide range of consumers.

When it comes to end users, athletes form a significant market segment for sports nutrition products. Athletes often rely on these products to support their training routines, enhance their performance, and aid in muscle recovery. Bodybuilders, recreational users, and lifestyle users also contribute to the demand for sports nutrition products, each with their specific needs and preferences. The diversification of end users indicates the broad appeal of sports nutrition products across different consumer profiles and lifestyles.

In terms of distribution channels, the sports nutrition market leverages various outlets to reach consumers effectively. Large retail and mass merchandisers play a crucial role in making these products accessible to a wide audience, while small retail outlets, drug, and specialty stores cater to more niche consumer segments. Online retail platforms offer convenience and accessibility, allowing consumers to purchase sports nutrition products from**Market Players:**

- Cargill Incorporated (U.S.)
- ADM (U.S.)
- Dupont (U.S.)
- Evonik (Germany)
- BASF SE (Germany)
- DSM (Netherlands)
- Ajinomoto Co., Inc. (Japan)
- Novozymes (Denmark)
- Chr. Hansen Holding A/S (Denmark)
- TEGASA (Spain)
- Nutreco (Netherlands)
- Kemin Industries Inc. (U.S.)
- Adisseo (France)
- Alltech (U.S.)
- Global Nutrition International (France)
- Centafarm SRL (Italy)
- Bentoli (U.S.)
- Novus International (U.S.)

The global sports nutrition market is witnessing significant growth driven by various factors such as the increasing focus on healthy lifestyles, rising fitness awareness, and growing disposable income globally. The market is experiencing a surge in demand from individuals engaged in various sports activities, fitness enthusiasts, and athletes seeking performance enhancement. As the health and wellness industry expands, alongside the proliferation of fitness centers and gyms, the market players are tapping into these opportunities to cater to the evolving consumer needs in the sports nutrition sector.

In terms of product segmentation, the dominance of the protein powder segment remains strong due to its high protein content and ease of consumption. This segment caters to a wide range of consumers across different demographics. The Ready-to-Drink (RTD) protein drinks segment is rapidly growing,

North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Sports Nutrition Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.

Similarly, Europe plays a crucial role in the global Sports Nutrition Market, expected to exhibit impressive growth in CAGR from 2024 to 2029.

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Key Benefits for Industry Participants and Stakeholders: –

  • Industry drivers, trends, restraints, and opportunities are covered in the study.
  • Neutral perspective on the Sports Nutrition Market scenario
  • Recent industry growth and new developments
  • Competitive landscape and strategies of key companies
  • The Historical, current, and estimated Sports Nutrition Market size in terms of value and size
  • In-depth, comprehensive analysis and forecasting of the Sports Nutrition Market

 Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

The countries covered in the Sports Nutrition Market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA

 Detailed TOC of Sports Nutrition Market Insights and Forecast to 2029

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Sports Nutrition Market Landscape

Part 05: Pipeline Analysis

Part 06: Sports Nutrition Market Sizing

Part 07: Five Forces Analysis

Part 08: Sports Nutrition Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Sports Nutrition Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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