What is Global Sports Nutritional Supplements Market?
The Global Sports Nutritional Supplements Market is a vast and dynamic sector that caters to the nutritional needs of athletes and fitness enthusiasts worldwide. These supplements are designed to enhance physical performance, increase energy levels, aid in recovery, and promote overall health and wellness. The market encompasses a wide range of products, including protein powders, energy bars, multivitamins, and pre-workout supplements, among others. The demand for these products is driven by an increasing awareness of the importance of nutrition in sports performance, coupled with a growing trend towards health and fitness. However, the market is also characterized by stringent regulations and intense competition among manufacturers. Despite these challenges, the Global Sports Nutritional Supplements Market continues to grow, fueled by innovation and the development of new products tailored to the specific needs of different sports and fitness activities.
Creatine, Protein, Citrulline, L-carnitine, Branched Chain Amino Acids (BCAAs), Arginine, L-Glutamine, Beta-alanine, Others in the Global Sports Nutritional Supplements Market:
The Global Sports Nutritional Supplements Market is segmented based on various types of supplements, including Creatine, Protein, Citrulline, L-carnitine, Branched Chain Amino Acids (BCAAs), Arginine, L-Glutamine, Beta-alanine, and others. Each of these supplements serves a unique purpose in enhancing athletic performance. For instance, Creatine is known for its ability to increase muscle strength and size, while Protein aids in muscle recovery and growth. Citrulline is used to improve endurance and reduce muscle soreness, while L-carnitine aids in fat burning and energy production. BCAAs are essential for muscle recovery and growth, while Arginine improves blood flow and nutrient delivery to muscles. L-Glutamine supports immune function and gut health, while Beta-alanine enhances muscular endurance. Other supplements cater to specific nutritional needs or health concerns of athletes. The choice of supplement depends on the individual's fitness goals, dietary requirements, and personal preferences.
Online Sales, Offline Sales in the Global Sports Nutritional Supplements Market:
The Global Sports Nutritional Supplements Market serves both online and offline sales channels. Online sales have gained significant traction in recent years, owing to the convenience and wide product range offered by e-commerce platforms. Consumers can easily compare prices, read reviews, and make informed purchase decisions from the comfort of their homes. Moreover, online platforms often offer attractive discounts and deals, further driving their popularity among consumers. On the other hand, offline sales channels, including sports nutrition stores, supermarkets, and pharmacies, continue to play a crucial role in the market. These outlets offer personalized customer service and expert advice, which can be particularly beneficial for first-time buyers or those with specific dietary needs. Despite the growing trend towards online shopping, many consumers still prefer to buy their supplements in-store, where they can physically examine the products and ask questions directly to the sales staff.
Global Sports Nutritional Supplements Market Outlook:
The outlook for the Global Sports Nutritional Supplements Market is positive, with steady growth anticipated in the coming years. In 2022, the market was valued at US$ 33790 million and is expected to reach US$ 48880 million by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period 2023-2029. North America holds the largest share of the market, accounting for over 45% of global consumption. This can be attributed to the high prevalence of sports and fitness activities in the region, coupled with a strong awareness of the benefits of sports nutrition. In terms of product type, proteins dominate the market with a share of over 55%, reflecting their essential role in muscle recovery and growth. As for sales channels, online sales represent more than 65% of the market, highlighting the growing preference for online shopping among consumers.
| Report Metric | Details |
| Report Name | Sports Nutritional Supplements Market |
| Accounted market size in 2022 | US$ 23370 million |
| Forecasted market size in 2029 | US$ 41850 million |
| CAGR | 8.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Glanbia Nutritionals, BellRing Brands, Cellucor, Herbalife, Nestlé, Abbott Nutrition, Xiwang Foodstuffs, CytoSport, Clif Bar, Quest Nutrition, NOW Foods, Amway(Nutrilite XS ), MaxiNutrition（KRÜGER GROUP）, BPI Sports, By-Health, Science in Sports, Competitor Sports |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
