Global Workout Supplements Market, By Form (Powder, Capsule/Tablets, Ready to Drink), By Distribution Channel (Online, Offline), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

PUBLISHED: January 8, 2024

PAGES: 172 Pages

DELIVERY TIME: 2-3 business days

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Description

Global Workout Supplement Market size is expected to reach US$ 36.38 Bn by 2030, from US$ 17.61 Bn in 2023, exhibiting a compound annual growth rate (CAGR) of 10.9% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 17.61 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	10.90%	2030/2031 Value Projection:	US$ 36.38 Bn

Figure 1. Global Workout Supplement Market Share (%), By Region, 2023

Global Workout Supplements Market - IMG1

The global workout supplements market has been witnessing steady growth over the past few years. Workout supplements include products that are consumed to enhance physical performance during exercise and assist in achieving fitness goals. Protein powders, pre-workout supplements, weight gainers, Branched-chain amino acids (BCAAs), and fitness supplements are some commonly used products. Rising health awareness and a growing gym culture have encouraged people to opt for an active lifestyle. Moreover, the expansion of fitness sectors, coupled with the convenient accessibility of supplements via online retail platforms, has amplified the request for a wide array of exercise-related goods. However, uncertainty regarding product quality and the high cost of some supplements remains a challenge for widespread adoption. Overall, the workout supplement market is expected to continue flourishing in the coming years, driven by evolving consumer preferences for fitness.

Market Dynamics:

The key growth drivers for the global workout supplements market include rising health consciousness among consumers, an expanding urbanized population, increasing youth inclination towards fitness, a surging number of gyms and fitness centers, and the proliferation of platforms promoting wellness lifestyles. Additionally, aggressive social media marketing by prominent brands and the availability of multipurpose supplements catering to various needs are further propelling market growth. On the other hand, quality concerns due to a lack of stringent regulations, high pricing of some supplements, and side effects associated with overconsumption are restricting the overall expansion of the industry. Moreover, the availability of alternatives like herbal supplements presents a major challenge. Nevertheless, innovations in formulations, a focus on women segment and development of vegan & allergen-free products are opening new opportunities.

Key features of the study:

This report provides in-depth analysis of the global workout supplements market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global workout supplements market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study BSN, Finaflex, EFX Sports, Nutrex Research, SynTech Nutrition, BPI Sports LLC, Nutrabolt, JNX Sports, SAN and eFlow Nutrition LLC.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global workout supplement market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global workout supplements market

Detailed Segmentation:

Global Workout Supplements Market, By Form
- Powder
- Capsule/Tablets
- Ready to Drink
Global Workout Supplements Market, By Distribution Channel
- Online
- Offline
Global Workout Supplements Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Top Companies in the Global Workout Supplements Market:
- BSN
- Finaflex
- EFX Sports
- Nutrex Research
- SynTech Nutrition
- BPI Sports LLC
- Nutrabolt
- JNX Sports
- SAN
- eFlow Nutrition LLC.

Product Code: CMI6531

Table of Content

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Workout Supplements Market, By Form
- Global Workout Supplements Market, By Distribution Channel
- Global Workout Supplements Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Growing Health Consciousness Globally
- Growing Sports Culture and Competitive Edge
- Emerging markets in Asia Pacific and Latin America
Key Highlights
Regulatory Scenario
Recent Trends
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Global Workout Supplements Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Workout Supplements Market, By Form, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Capsule/Tablets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Ready to Drink
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Global Workout Supplements Market, By Distribution Channel, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

7. Global Workout Supplements Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2019 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030,(US$ Bn)
North Africa
Central Africa
South Africa