Sports Supplements Market Size, Global Growth Analysis 2030 (2023)

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Sports Supplements Market Size, Global Growth Analysis 2030 (2)

Sports Supplements Market Type (Casein, Whey Protein, Soy Protein, Others), Form (Powder, RTD Liquid, Protein Bars, Others), Source (Plants and Animals), Gender (Male and Female), Distribution Channel (Supermarkets and Hypermarkets, Specialist Retailers, Online Retailers, Others), Application (Sports Nutrition, Functional Food): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 07-Mar-2023 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-306 Status : Published

Global demand for the Sports Supplements Market size was valued at approximately USD 17.55 Billion in 2019 and is expected to generate revenue of around USD 30.07 Billion by end of 2026, growing at a CAGR of around 8% between 2020 and 2026.

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Global Sports Supplements Market: Size

According to the report published by Zion Market Research, global demand for the Sports Supplements Market size was valued at approximately USD 17.55 Billion in 2019 and is expected to generate revenue of around USD 30.07 Billion by end of 2026, growing at a CAGR of around 8% between 2020 and 2026.

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Global Sports Supplements Market: Overview

Sports supplements are dietary products designed to meet nutritional needs of a sportsperson. Nutritional ingredients used in these sports supplements are proteins, vitamins, amino acids, minerals, and others. However due to increasing life-taking diseases, people move towards healthy lifestyles through fitness clubs and healthy diets. These sports supplements provide a nutritional diet to enhance the overall performance of the body. The major function of this product is to provide physical strength in sports.

Global Sports Supplements Market: Growth Factors

Many health and fitness clubs are the major driving factors behind the size of the global sports supplements market. Increasing acceptance of supplements in order to maintain healthy physic is driving the demand sports supplements of around the world. The market is propelled by the increasing the income of people and spending power. Moreover, people getting more conscious about their health will also impact the market in the coming years. Rising consumer health awareness is also expected to boost the global sports supplements market. In addition, people are opting for yoga, healthy food, and gym to lead healthy lifestyle. Growing demand for dietary and health supplements will foster the growth of the global sports supplements market. Further, product promotions of the sports supplements by fitness shows will also impact the growth in a positive way. However, low-quality products and high cost are anticipated to hamper the growth of the global market in future. Also, presence of local brands and lack of proper regulations may restrain the market growth.

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Global Sports Supplements Market: Segmentation

Based on the type, the global sports supplements market is segmented as casein, whey protein, soy protein, others. Based on the form, the global market is further segmented as powder, rtd liquid, protein bars, others. Further based on the source, the global market is segmented as plants and animals. Based on gender, the global sports supplements market is segmented as male and female. Based on the segment of distribution channel, the global market is further segmented as supermarkets and hypermarkets, specialist retailers, online retailers, others. Further based on the application, the global market is segmented as sports nutrition and functional food.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Sports Supplements Market: Regional Analysis

North America holds the largest market share in the global sports supplements market. The U.S. and Europe also contributed majorly to overall growth of the market for sports supplement products owing to economic stability. Asia Pacific is expected to be the emerging market for the sports supplements.

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Global Sports Supplements Market: Competitive Players

Some of the key market players dominating the Sports Supplements market include Glanbia Group, Vitaco Health, GlaxoSmithKline(GSK), Makers Nutrition, Monster Beverage, Abbott Laboratories, Suppleform, GNC Holdings, ABH Pharma Inc, Red Bull, Amway corporation, Herbalife International of America, Inc., AMCO Proteins, Quest Nutrition, NOW Foods, NBTY, MusclePharm Corp, Cyto Sport, IOVATE, and Transparent Labs.

Report Scope:

Report AttributesReport Details
Report NameGlobal Sports Supplements Market Size, Survey Report
Market Size in 2019USD 17.55 Billion
Market Forecast by 2026USD 30.07 Billion
Compound Annual Growth RateCAGR of 8 %
Number of Pages110
Forecast UnitsValue (USD Billion), and Volume (Units)
Key Companies CoveredGlanbia Group, Vitaco Health, GlaxoSmithKline(GSK), Makers Nutrition, Monster Beverage, Abbott Laboratories, Suppleform, GNC Holdings, ABH Pharma Inc, Red Bull, Amway corporation, Herbalife International of America, Inc., AMCO Proteins, Quest Nutrition, NOW Foods, NBTY, MusclePharm Corp, Cyto Sport, IOVATE, and Transparent Labs
Segments CoveredBy Type, By Form, By Source, By Gender, By Distribution Channel, By Application, By Region
Base Year2019
Historical Year2014 - 2018
Forecast Year2020-2026
Customization ScopeAvail customized purchase options to meet your exact research needs. Request For Customization
Report CoverageMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Global Sports Supplements Market: Segmentation Analysis

Type

  • Casein
  • Whey Protein
  • Soy Protein
  • Others


Form

  • Powder
  • RTD Liquid
  • Protein Bars
  • Others

Source

  • Plants
  • Animals

Gender

  • Male
  • Female

Distribution Channel

  • Supermarkets
  • Hypermarkets
  • Specialist Retailers
  • Online Retailers
  • Others

Application

  • Sports Nutrition
  • Functional Food

Sports Supplements Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

What are the key factors driving Sports Supplements Market expansion?

Increasing acceptance of supplements in order to maintain healthy physic is driving the demand sports supplements of around the world. The market is propelled by increasing income of people and spending power. Rising consumer health awareness is also expected to boost the global sports supplements market. In addition, people are opting for yoga, healthy food, and gym to lead healthy lifestyle. Growing demand for dietary and health supplements will foster the growth of the global sports supplements market. Further, product promotions of the sports supplements by fitness shows will also impact the growth in a positive way.

What will be the value of Sports Supplements Market during 2020- 2026?

According to Zion Market Research, global demand for the Sports Supplements Market was valued at approximately USD 17.55 Billion in 2019 and is expected to generate revenue of around USD 30.07 Billion by end of 2026, growing at a CAGR of around 8% between 2020 and 2026.

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Which region will make notable contributions towards global Sports Supplements Market revenue?

North America holds the largest market share in the global sports supplements market. The U.S. and Europe also contributed majorly to overall growth of the market for sports supplement products owing to economic stability.

What are the key players leveraging Sports Supplements Market growth?

Some of the key market players dominating the Sports Supplements market include Glanbia Group, Vitaco Health, GlaxoSmithKline(GSK), Makers Nutrition, Monster Beverage, Abbott Laboratories, Suppleform, GNC Holdings, ABH Pharma Inc, Red Bull, Amway corporation, Herbalife International of America, Inc., AMCO Proteins, Quest Nutrition, NOW Foods, NBTY, MusclePharm Corp, Cyto Sport, IOVATE, and Transparent Labs.

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