Sports Nutrition Market Size to Reach Revenues of USD 26.11 Billion by 2026 - Arizton

Key Highlights Offered in the Report:  

1.  The sports nutrition industry has witnessed over 90% growth in the number of global products featuring the term clean label or natural.

2.  North America is the largest market for sports nutrition and accounted for 53.45% market share in 2020. Government initiatives are fueling the increased demand for gyms and health centers. The increase in sports-related activities is driving the demand for sports nutrition products in the region.

3.  APAC is one of the fastest-growing markets and is expected to grow at a CAGR of 10.88% during the forecast period. Enhancement in digital infrastructure in emerging countries such as India and China offer significant opportunities for online platforms to promote the sales of sports nutrition products in the region.

4.  The athlete consumer segment is expected to generate more revenue than other segments and is expected to grow at a CAGR of 9.37% during the forecast period

5.  The global sports food market is expected to grow at a CAGR of 10.98% during the forecast period.

6.  The animal-derived segment is more popular and accounted for a market share of 75.19% in 2020, followed by plant-based and mixed raw materials with 14.27% and 10.54% market share, respectively.

7.  The isotonic sports drinks segment dominated the sports drink market and accounted for a share of 51.70% in 2020. In the same year, the hypertonic and isotonic sports drinks segments accounted for a share of 32.77% and 15.53%, respectively.

Key Offerings:

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Sports Nutrition Market – Segmentation

Sports Nutrition Market by Product Type

Sports Nutrition Market by Raw Material

Sports Nutrition Market by Types of Workouts

Sports Nutrition Market by Distribution Channel

Sports Nutrition Market by End-Users

Sports Nutrition Market – Dynamics

Athletes, as well as frequent exercisers, have different nutritional requirements compared to the general population. Increasing awareness of the uniqueness of each person's gut microbiome is spurring the demand for tailored sports nutrition. Market players are making it possible for consumers to customize their products according to their personal requirements, including gut health. In addition, players are combining more traditional features of sports nutrition with niche benefits. For instance, a pre-workout product supplement with collagen for joint and skin health and probiotics for immunity. Sports and exercise performances are significantly influenced by nutrition, and each individual responds differently to the same food items, nutrients, and supplements. Dietary supplements and an adequate amount of nutrition intake could affect the physical performance of an individual.

Key Drivers and Trends fueling Market Growth:

Sports Nutrition Market – Geography

Europe is the second-largest market for sports nutrition, with a market share of 26.64% in 2020. The sports nutrition market in Europe is accelerating due to increasing awareness of sports nutrition and an increase in health clubs and fitness centers. The growing demand from recreational and lifestyle users are the factors driving the growth of the sports nutrition market in the region. In addition, the expansion of distribution channels is expected to offer opportunities for growth in the region. The availability of different types of sports nutrition, increase in the number of retail chains in developing countries, and the rising popularity of e-commerce platforms are additional factors driving the market growth.

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Sports Nutrition Market by Geography

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Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

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