- Hydroxycut, a sports nutrition brand under its parent company, Lovate Health Sciences, launched "Cut" in January 2022, an energy drink that will help consumers reduce their body fat percentage
- The Coca-Cola Company launched "Powerade," an energising drink, in March 2020. The company has launched this product in a variety of flavours. The strategy was to broaden the company's product portfolio through new product development
- Hormel completed the USD 465 million sale of the CytoSport Protein Business to PepsiCo Inc. in April 2019. The sale to PepsiCo Inc. is expected to allow CytoSport and its flagship offering to grow further, increasing PepsiCo Inc.'s market share in the sports nutrition market
Frequently Asked Questions
The market is segmented based on Segmentation, By Product Type (Protein Powder, Iso Drink Powder, Capsule/Tablets (Creatine, BCAA and Others), Supplement Powder, RTD Protein Drinks, Iso and Other Sports Drinks, Carbohydrate Drinks, Protein Bars, /Carbohydrate Energy Bars and Other Supplements), End User (Athletes, Bodybuilders, Recreational Users and Lifestyle Users), Distribution Channel (Large Retail and Mass Merchandisers, Small Retail, Drug and Specialty Stores, Fitness Institutions, Online and Others) – Industry Trends and Forecast to 2031.
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The Global Sports Nutrition Market size was valued at USD 19.66 USD Billion in 2023.
The Global Sports Nutrition Market is projected to grow at a CAGR of 10.46% during the forecast period of 2024 to 2031.
The major players operating in the market include Cargill orporated, ADM, Dupont, Evonik, BASF SE, DSM, Ajinomoto Co. , Novozymes, Chr. Hansen Holding A/S, TEGASA, Nutreco, Kemin Industries , Adisseo, Alltech, Global Nutrition International, Centafarm SRL, Bentoli, Novus International.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America.
