According to our publisher’s latest study, the global Sports Nutritional Supplements market size was valued at US$ 22860 million in 2023. With growing demand in downstream market, the Sports Nutritional Supplements is forecast to a readjusted size of US$ 40380 million by 2030 with a CAGR of 8.5% during review period.
The research report highlights the growth potential of the global Sports Nutritional Supplements market. Sports Nutritional Supplements are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Sports Nutritional Supplements. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Sports Nutritional Supplements market.
Sports nutrition supplements are used to build muscle, lose weight or improve endurance and include a variety of beverages, powders and pills designed to improve athletic performance and/or fill dietary gaps in those who regularly participate in sports or exercise.
The global top five sports nutritional supplements manufacturers include Glanbia Nutritionals, BellRing Brands, Cellucor, Herbalife Nutrition, Nestlé, with a total market share of more than 10%, of which the largest manufacturer is Glanbia Nutritionals, with a market share of about 4%. North America is the global largest consumer market for sports nutritional supplements, with a market share of more than 45%. In terms of type, proteins have a market share of over 55%. In terms of sales channels, online sales account for more than 65% of the market.
Key Features:
The report on Sports Nutritional Supplements market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Sports Nutritional Supplements market. It may include historical data, market segmentation by Type (e.g., Creatine, Protein), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Sports Nutritional Supplements market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Market Drivers
Growing awareness of health and wellness: The increasing awareness of the importance of health and wellness has led to a growing demand for sports nutritional supplements to support fitness goals and overall health.
Rise of e-commerce and online sales: The ease of purchasing sports nutritional supplements online has made it more accessible to a wider audience, driving market growth.
Increasing popularity of vegan and plant-based diets: The trend towards vegan and plant-based diets has led to a growing demand for plant-based protein sources and supplements.
Advancements in technology and product innovation: The development of new and innovative products, such as personalized nutrition and AI-powered supplements, is driving market growth.
Growing participation in sports and fitness activities: The increasing participation in sports and fitness activities has led to a growing demand for sports nutritional supplements to support performance and recovery.
Market Challenges:
Regulatory challenges: The regulatory environment for sports nutritional supplements is complex and constantly evolving, posing challenges for manufacturers and consumers alike.
Quality and authenticity concerns: The risk of counterfeit products and concerns about the quality and authenticity of supplements are major challenges for the industry.
Competition from traditional food sources: The availability of protein and other nutrients from traditional food sources can make it difficult for supplements to compete.
Limited understanding of the science behind supplements: The lack of scientific understanding of the effects of supplements on the human body can make it difficult for consumers to make informed decisions.
Cost and affordability: The high cost of some sports nutritional supplements can make them inaccessible to some consumers, particularly those in lower-income communities.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Sports Nutritional Supplements market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Sports Nutritional Supplements industry. This include advancements in Sports Nutritional Supplements technology, Sports Nutritional Supplements new entrants, Sports Nutritional Supplements new investment, and other innovations that are shaping the future of Sports Nutritional Supplements.
The global sports nutritional supplements market has witnessed significant technological advancements in recent years, driven by the growing demand for innovative and effective products. Here are some key technological developments in the market:
Personalized Nutrition: The use of artificial intelligence (AI) and machine learning (ML) algorithms to create personalized nutrition plans for athletes and fitness enthusiasts has become increasingly popular. This technology helps in tailoring supplements to individual needs, improving efficacy, and reducing the risk of adverse effects.
Protein Powder Formulations: Advances in protein powder formulations have led to the development of novel protein sources, such as plant-based proteins, collagen peptides, and micellar casein. These innovations have expanded the range of options for athletes and fitness enthusiasts.
Delivery Systems: New delivery systems, such as liposomal encapsulation, nanoencapsulation, and time-release technology, have improved the bioavailability and absorption of nutrients, enhancing their effectiveness.
Sports Nutrition Apps: The rise of sports nutrition apps has enabled athletes and fitness enthusiasts to track their nutrition, monitor their progress, and receive personalized recommendations. These apps often integrate with wearable devices and provide real-time feedback.
3D Printing: The use of 3D printing technology has enabled the creation of customized supplements, such as protein bars and powders, with tailored nutritional profiles and textures.
Blockchain Technology: Blockchain technology is being explored for its potential to ensure the authenticity and transparency of sports nutritional supplements, as well as to track the origin and quality of ingredients.
Gene Editing: Gene editing technologies, such as CRISPR, are being researched for their potential to improve the nutritional content and bioavailability of sports supplements.
Sensors and Wearables: Advances in sensors and wearables have enabled the monitoring of physiological parameters, such as heart rate, blood glucose, and lactate levels, allowing athletes to optimize their nutrition and training.
Artificial Intelligence-Powered Coaching: AI-powered coaching platforms are being developed to provide personalized training and nutrition plans, as well as real-time feedback and guidance, to athletes and fitness enthusiasts.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Sports Nutritional Supplements market. It includes factors influencing customer ' purchasing decisions, preferences for Sports Nutritional Supplements product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Sports Nutritional Supplements market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Sports Nutritional Supplements market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Sports Nutritional Supplements market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Sports Nutritional Supplements industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Sports Nutritional Supplements market.
Recommendations:
Focus on Plant-Based Supplements: With the growing demand for plant-based products, sports nutritional supplement manufacturers should focus on developing plant-based supplements that cater to the needs of athletes and fitness enthusiasts.
E-commerce and Online Sales: The rise of e-commerce and online sales presents an opportunity for sports nutritional supplement manufacturers to reach a wider audience and increase their sales.
Personalized Nutrition Plans: Offering personalized nutrition plans and supplements tailored to individual needs and goals can help sports nutritional supplement manufacturers differentiate themselves from competitors.
Functional Ingredients: Incorporating functional ingredients such as protein, creatine, and branched-chain amino acids (BCAAs) into sports nutritional supplements can help improve their effectiveness and appeal to consumers.
Marketing and Education: Educating consumers about the benefits of sports nutritional supplements and marketing them effectively can help increase demand and drive sales.
Opportunities:
Growing Demand for Sports Nutrition: The global sports nutrition market is expected to grow at a CAGR of 10.5% from 2022 to 2029, driven by increasing consumer awareness of the importance of nutrition for athletic performance.
Rise of E-sports and Online Fitness: The rise of e-sports and online fitness platforms presents an opportunity for sports nutritional supplement manufacturers to reach a wider audience and increase their sales.
Growing Demand for Protein Supplements: Protein supplements are expected to be the largest segment of the sports nutritional supplements market, driven by the growing demand for high-protein diets and fitness routines.
Increasing Demand for Natural and Organic Products: Consumers are increasingly seeking natural and organic products, presenting an opportunity for sports nutritional supplement manufacturers to develop and market natural and organic products.
Growing Demand for Supplements in Emerging Markets: Emerging markets such as Asia-Pacific and Latin America are expected to drive growth in the sports nutritional supplements market, presenting an opportunity for manufacturers to expand their presence in these regions.
Market Segmentation:
Sports Nutritional Supplements market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Creatine
Protein
Citrulline
L-carnitine
Branched Chain Amino Acids (BCAAs)
Arginine
L-Glutamine
Beta-alanine
Others
Segmentation by application
Online Sales
Offline Sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sports Nutritional Supplements market?
What factors are driving Sports Nutritional Supplements market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sports Nutritional Supplements market opportunities vary by end market size?
How does Sports Nutritional Supplements break out type, application?
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
Download Sample
We are friendly and approachable, give us a call.