The global sports nutrition market is projected to grow at a CAGR of 8.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rising demand for various protein powders, bars, and supplements among athletes and sportspersons for various purposes such as energy supplements, recovery supplements, and performance-enhancing supplements. Another major aspect that drives the growth of the market is the increasing disposable incomes, urbanization along with the rising number of gyms and health and fitness centers endorsing sports and fitness nutrition products also positively influences the growth of the market during the forecast period. Besides, the regular, prolonged strenuous exercise may result in an increased dietary requirement for certain specific supplements such as multivitamins and minerals, fish oils, and glucosamine. Sports nutrition has been extensively used as an energy supplement, recovery supplement, and performance-enhancing supplement. Sufficient nutrition keeps the body functioning optimally and repairs the damage done from everyday training. Hence, this is further expected to bolster the growth of the market during the forecast period.
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The global sports nutrition market is segmented on the basis of use, product type, and distribution channel. Based on the use, the market is segmented as energy supplement, recovery supplement, and performance-enhancing supplement. Based on the product type, the market is segmented as sports food, sports drink, and sports supplements. Whereas, based on the distribution channel, the market is segmented as offline channels and online channels.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Sports Nutrition Market – Segmentation
By Use
- Energy Supplement
- Recovery Supplement
- Performance-Enhancing Supplement
By Product Type
- Sports Food
- Sports Drink
- Sports Supplements
By Distribution Channel
- Offline Channels
- Online Channels
Global Sports Nutrition Market – Segmentation by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sports nutrition market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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