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These products contain fats, proteins, and carbohydrates, which help them gain more energy and build muscle tissues. Moreover, these help in weight management, increase concentration, and enhance recovery time. In addition, sports drinks helps in hydration while performing strenuous exercises.The global sports nutrition and fitness supplements market is driven by surge in the number of healthcare and fitness centers, rapid urbanization, and improving lifestyles, escalating healthcare costs, expansion of preventive healthcare market, rise in bone & other cognitive disorders, and high demand for caffeine-free nutrition supplements. However, premium pricing of these products, increased production cost of protein supplements, availability of cheaper counterfeit products, and presence of dubious suppliers and fictitious ingredients hamper the market growth. Nutrition products based on whey protein hydrolysates facilitate superior functionalities other than imparting a good taste; thus presenting lucrative opportunities for market players during the forecast period.
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The global sports nutrition and supplements market is segmented based on type, application, distribution channel, and geography. On the basis of type, it is divided into protein (protein bar, protein drink, and amino acid), and non-protein (vitamin, herbal product, creatine tablet, and carbohydrate drink). Based on application, it is classified into performance, energy, and recovery. On the basis of distribution channel, it is segmented into hypermarkets, supermarkets, food specialty stores, convenience stores, and others (health stores, fitness clubs, and online websites). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in this market are Coca-Cola Company (U.S.), Abbott Nutrition Inc. (India), PepsiCo Inc. (India), Glanbia Plc. (Republic of Ireland), Reckitt Benckiser Group plc (UK), Yakult Honsha Co Ltd (Japan), Post Holdings Inc. (U.S.), GNC Holdings Inc. (U.S.), Clif Bar & Company (U.S.), and Otsuka Pharmaceuticals Co. Ltd. (Japan).
Key Benefits
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global sports nutrition and supplements market for the period of 2016-2023 to identify the prevailing market opportunities.
The key countries in each region has been mapped based on market share.
In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
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Sports Nutrition And Fitness Supplements Market Key Segments
By Type
Protein
Protein Bar
Protein Drink
Amino Acid
Non-Protein
Vitamin
Herbal Product
Creatine Tablet
Carbohydrate Drink
By Application
Performance
Energy
Recovery
By Distribution Channel
Hypermarkets
Supermarkets
Food Specialty Stores
Convenience Stores
Others (Health Stores, Fitness Clubs, and Online Websites)
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Spain
UK
Russia
France
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Korea
Rest of Asia-Pacific
LAMEA
Brazil
Turkey
South Africa
Rest of LAMEA
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