Global Sports Nutrition Ingredients Market, By Ingredient (Proteins, Carbohydrates, Vitamins and Minerals, Others), Product (Sports and Energy Beverages, Protein Powders, Energy and Nutrition Bars, Others), End-User (Bodybuilders, Pro/Amateur Athletes, Recreational Users, Lifestyle Users) – Industry Trends and Forecast to 2029.
Sports Nutrition Ingredients Market Analysis and Size
In recent years, there has been a surge in consumer interest in the sports nutrition category. Sports nutrition is now not only the domain of athletes, but also of health-conscious fitness and lifestyle consumers. Consumers are embracing health practises such as going to the gym, doing yoga, and eating foods that have health benefits.
Data Bridge Market Research analyses that the sports nutrition ingredients was valued at 6.01 billion in 2021 and is expected to reach the value of USD 10.72 billion by 2029, at a CAGR of 7.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Sports Nutrition Ingredients Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Ingredient (Proteins, Carbohydrates, Vitamins and Minerals, Others), Product (Sports and Energy Beverages, Protein Powders, Energy and Nutrition Bars, Others), End-User (Bodybuilders, Pro/Amateur Athletes, Recreational Users, Lifestyle Users)
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Countries Covered
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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
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Market Players Covered
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Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), Nature's Bounty (U.S.), Reliance Private Label Supplements (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone S.A. (France), GNC Holdings, LLC. (U.S.), Orgain Inc. (U.S.), True Nutrition (U.S.)
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Opportunities
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Market Definition
Sports nutrition, as the name implies, refers to the foods and beverages consumed by athletes to meet their bodily nutrition needs. Athletes' performance is enhanced by sports nutrition, which provides the body with essential vitamins, minerals, fats, carbohydrates, and proteins.
Global Sports Nutrition Ingredients Market Dynamics
Drivers
- Growing awareness of the benefits of sports nutrition has accelerated market growth
The growing demand for sports nutrition products that can meet a variety of needs of athletes, athletes, and fitness enthusiasts is driving the sports nutrition ingredients market. The growing popularity of supplements containing essential amino acids for any sport activity is driving market growth. Growing awareness of the benefits of sports nutrition has accelerated the market's expansion.
- Rise in social media marketing
Increasing usage of organic ingredients in the production of sports nutrition products in the market as consumers become more concerned about the use of ingredients in products. Furthermore, an increase in demand from non-strengthening physical activities is propelling market growth.
Opportunity
The increasing number of fitness centres and female participation are expected to drive market growth. During the forecast period, the easy availability of protein supplements, combined with rapid urbanisation, will create new opportunities for the growth of the sports nutrition ingredients market.
Restraints
The easy availability of low-cost and counterfeit products will most likely impede the growth of the sports nutrition ingredients market during the forecast period.
This sports nutrition ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sports nutrition market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Sports Nutrition Ingredients Market
The COVID-19 outbreak has put tremendous strain on the functional food and nutraceutical industries. Several frontline workers, including doctors, nurses, other medical professionals, hygiene workers or sweepers, and others, are working hard to stop the spread of the novel coronavirus. To combat the disease, government agencies have advised citizens to eat a healthy and nutritious diet. This is expected to increase demand for sports nutrition, which promote the body's good health and optimal functioning by providing essential nutrients. Sports nutrition are necessary for the growth and repair of human cells and tissues. Plant protein is beneficial for weight loss in addition to providing the building blocks for healthy muscles and tissues.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In January 2022: Hydroxycut, a sports nutrition brand under its parent company, Lovate Health Sciences, launched "Cut", an energy drink that will help consumers reduce their body fat percentage.
- In March 2020: The Coca-Cola Company launched "Powerade," an energising drink,. The company has launched this product in various flavours. The strategy was to broaden the company's product portfolio through new product development.
- In April 2019: Hormel completed the USD 465 million sale of the CytoSport Protein Business to PepsiCo Inc.. 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.
Global Sports Nutrition Ingredients Market Scope
The sports nutrition ingredients market is segmented on the basis of ingredient, product, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Ingredient
- Proteins
- Carbohydrates
- Vitamins and Minerals
- Others
Products
- Sports and Energy Beverages
- Protein Powders
- Energy and Nutrition Bars
- Others
End users
- Bodybuilders
- Pro/Amateur Athletes
- Recreational Users
- Lifestyle Users
Sports Nutrition Ingredients Market Regional Analysis/Insights
The sports nutrition ingredients market is analysed and market size insights and trends are provided by country, ingredient, product, and end-user as referenced above.
The countries covered in the sports nutrition ingredients market report are 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.
North America dominates the sports nutrition ingredients market due to the increasing number of gyms and yoga centres, as well as rising government initiatives to promote sports activities, whereas Asia-Pacific is expected to grow from 2022 to 2029 due to the prevalence of various local manufacturers, as well as various government initiatives to promote sports activities.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sports Nutrition Ingredients Market Share Analysis
The sports nutrition ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sports nutrition market.
Some of the major players operating in the sports nutrition ingredients market are:
- Glanbia plc. (Ireland)
- Now Health Group, Inc. (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- Nature's Bounty (U.S.)
- Reliance Private Label Supplements (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone S.A. (France)
- GNC Holdings, LLC. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.)
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