Health Food

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1559007

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1559007

Sports Supplements Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

PUBLISHED: September 13, 2024

PAGES: 314 Pages

DELIVERY TIME: 2-5 business days

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Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for sports supplements. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Sports Supplements Market Size (2024E): US$ 13,321 Mn
Projected Market Value (2033F): US$ 24,698 Mn
Global Market Growth Rate (CAGR 2024 to 2033): 7.1%

Sports Supplements Market - Report Scope:

Sports supplements play a crucial role in enhancing athletic performance, supporting muscle growth, and improving overall fitness. These supplements include protein powders, amino acids, creatine, pre-workout blends, and other products designed to meet the nutritional needs of athletes and fitness enthusiasts. The sports supplements market caters to a diverse range of consumers, including professional athletes, recreational users, and health-conscious individuals, offering products through various channels such as online platforms, specialty stores, and gyms. Market growth is driven by increasing fitness awareness, rising disposable incomes, and innovations in supplement formulations.

Market Growth Drivers:

The global sports supplements market is propelled by several key factors, including the growing popularity of fitness and wellness trends, which drive demand for products that enhance performance and recovery. The rising number of health-conscious consumers and the increasing prevalence of fitness-related activities contribute to market expansion. Technological advancements in supplement formulations, such as the development of personalized nutrition and clean-label products, offer improved efficacy and safety. Moreover, the growth of e-commerce and digital marketing strategies enable broader reach and accessibility to sports supplements, further fueling market growth.

Market Restraints:

Despite promising growth prospects, the sports supplements market faces challenges related to regulatory scrutiny, product safety, and market saturation. Stringent regulations governing the manufacturing and labeling of sports supplements impose compliance burdens on manufacturers, affecting market entry and operational costs. The presence of counterfeit products and misleading claims can impact consumer trust and safety. Additionally, the market's saturation with numerous brands and products may lead to intense competition and price pressure, posing challenges for new entrants and established players alike.

Market Opportunities:

The sports supplements market presents significant growth opportunities driven by evolving consumer preferences, technological innovations, and expanding distribution channels. The increasing focus on personalized nutrition and wellness solutions creates opportunities for companies to develop tailored products that meet individual needs. The rising trend of plant-based and natural supplements aligns with growing consumer demand for sustainable and clean-label options. Strategic partnerships, investment in research and development, and the expansion of digital sales platforms are essential to capitalize on emerging opportunities and maintain market relevance.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the sports supplements market globally?
Which product types and consumer segments are driving sports supplement adoption across different regions?
How are technological advancements reshaping the competitive landscape of the sports supplements market?
Who are the key players contributing to the sports supplements market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global sports supplements market?

Competitive Intelligence and Business Strategy:

Leading players in the global sports supplements market, including companies such as Optimum Nutrition, MusclePharm Corporation, and BSN (Bio-Engineered Supplements and Nutrition, Inc.), focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced supplement formulations, including proprietary blends and performance-enhancing ingredients. Collaborations with fitness influencers, sports teams, and healthcare professionals help promote brand visibility and consumer engagement. Additionally, emphasis on quality assurance, transparency, and consumer education fosters market growth and enhances brand reputation in the rapidly evolving sports supplements landscape.

Key Companies Profiled:

Optimum Nutrition
MusclePharm Corporation
BSN (Bio-Engineered Supplements and Nutrition, Inc.)
Herbalife Nutrition Ltd.
GNC Holdings, Inc.
Myprotein
Cellucor
EAS (Energy and Sports Nutrition)
Isagenix International
Abbott Laboratories

Sports Supplements Market Research by Category

By Nature:

Organic
Conventional

By Type:

Protein
Branched Chain Amino Acid
Alanine & Carnitine
Carnitine
Vitamin and Mineral
Omega 3, 6 and 9
Energy & Electrolyte

By Sales Channel:

Hypermarket/Supermarket
Convenience Store
Specialty Store
Health Clubs/Gym
Pharmaceutical & Drug Stores
Online Retail/ E-commerce

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP3034

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features

5. Global Market - Pricing Analysis

5.1. Regional Pricing Analysis
5.2. Global Average Pricing Analysis Benchmark

6. Global Market Demand (in Value US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global GDP and Infrastructure Investment
- 7.1.3. International Trade
- 7.1.4. Global Industry Outlook
7.2. Forecast Factors - Relevance & Impact
- 7.2.1. Top Companies Historical Growth
- 7.2.2. GDP Growth forecast
- 7.2.3. Manufacturing Industry forecast
- 7.2.4. Global Urbanization Growth Outlook
- 7.2.5. Business Climate
7.3. Value Chain
- 7.3.1. Raw Material Suppliers
- 7.3.2. Product Manufacturers
- 7.3.3. Application Sectors
7.4. Global Dietary Supplements Industry Outlook
7.5. Global Sports Nutrition Outlook
7.6. Processing Overview of Sports Supplements
7.7. Policy Developments and Regulatory Scenario
7.8. Market Dynamics
- 7.8.1. Drivers
- 7.8.2. Restraints
- 7.8.3. Opportunity Analysis
7.9. Global Supply Demand Analysis

8. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Type

8.1. Introduction
8.2. Historical Market Size (US$ Mn) By Type, 2019-2023
8.3. Current and Future Market Size (US$ Mn) and Forecast By Type, 2024-2033
- 8.3.1. Protein
  - 8.3.1.1. Powder
  - 8.3.1.2. Bars
  - 8.3.1.3. RTD
- 8.3.2. Branched Chain Amino Acid
  - 8.3.2.1. Tablet
  - 8.3.2.2. Capsule
  - 8.3.2.3. Powder
- 8.3.3. Alanine & Carnitine
  - 8.3.3.1. Tablet
  - 8.3.3.2. Capsule
  - 8.3.3.3. Powder
- 8.3.4. Carnitine
  - 8.3.4.1. Tablet
  - 8.3.4.2. Capsule
  - 8.3.4.3. Powder
- 8.3.5. Vitamin and Mineral
  - 8.3.5.1. Tablet
  - 8.3.5.2. Capsule
- 8.3.6. Omega 3, 6 and 9
- 8.3.7. Energy & Electrolyte
8.4. Market Attractiveness Analysis By Type

9. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Nature

9.1. Introduction
9.2. Historical Market Size (US$ Mn) By Nature, 2019-2023
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Nature, 2024-2033
- 9.3.1. Organic
- 9.3.2. Conventional
9.4. Market Attractiveness Analysis By Nature

10. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Sales Channel

10.1. Introduction
10.2. Historical Market Size (US$ Mn) Analysis By Sales Channel, 2019-2023
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Sales Channel, 2024-2033
- 10.3.1. Hypermarket/Supermarket
- 10.3.2. Convenience Store
- 10.3.3. Specialty Store
- 10.3.4. Health Clubs/Gym
- 10.3.5. Pharmaceutical & Drug Stores
- 10.3.6. Online Retail/ E-commerce
10.4. Market Attractiveness Analysis By Sales Channel

11. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region

11.1. Introduction
11.2. Historical Market Size (US$ Mn) Analysis By Region, 2019-2023
11.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2024-2033
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. East Asia
- 11.3.5. South Asia and Pacific
- 11.3.6. Middle East and Africa (MEA)
11.4. Market Attractiveness Analysis By Region

12. North America Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
12.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Country
  - 12.3.1.1. U.S.
  - 12.3.1.2. Canada
- 12.3.2. By Type
- 12.3.3. By Nature
- 12.3.4. By Sales Channel
12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Type
- 12.4.3. By Nature
- 12.4.4. By Sales Channel
12.5. Drivers and Restraints - Impact Analysis

13. Latin America Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
  - 13.3.1.1. Brazil
  - 13.3.1.2. Mexico
  - 13.3.1.3. Argentina
  - 13.3.1.4. Rest of Latin America
- 13.3.2. By Type
- 13.3.3. By Nature
- 13.3.4. By Sales Channel
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Type
- 13.4.3. By Nature
- 13.4.4. By Sales Channel
13.5. Drivers and Restraints - Impact Analysis

14. Europe Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. Germany
  - 14.3.1.2. Italy
  - 14.3.1.3. France
  - 14.3.1.4. U.K.
  - 14.3.1.5. Spain
  - 14.3.1.6. BENELUX
  - 14.3.1.7. Russia
  - 14.3.1.8. Poland
  - 14.3.1.9. Rest of Europe
- 14.3.2. By Type
- 14.3.3. By Nature
- 14.3.4. By Sales Channel
14.4. Market Attractiveness Analysis
- 14.4.1. By Type
- 14.4.2. By Nature
- 14.4.3. By Sales Channel
14.5. Drivers and Restraints - Impact Analysis

15. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. India
  - 15.3.1.2. ASEAN
  - 15.3.1.3. Oceania
  - 15.3.1.4. Rest of South Asia & Pacific
- 15.3.2. By Type
- 15.3.3. By Nature
- 15.3.4. By Sales Channel
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Type
- 15.4.3. By Nature
- 15.4.4. By Sales Channel
15.5. Drivers and Restraints - Impact Analysis

16. East Asia Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. China
  - 16.3.1.2. Japan
  - 16.3.1.3. South Korea
- 16.3.2. By Type
- 16.3.3. By Nature
- 16.3.4. By Sales Channel
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Type
- 16.4.3. By Nature
- 16.4.4. By Sales Channel
16.5. Drivers and Restraints - Impact Analysis

17. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
  - 17.3.1.1. GCC
  - 17.3.1.2. Turkey
  - 17.3.1.3. Northern Africa
  - 17.3.1.4. South Africa
  - 17.3.1.5. Rest of Middle East & Africa
- 17.3.2. By Type
- 17.3.3. By Nature
- 17.3.4. By Sales Channel
17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Type
- 17.4.3. By Nature
- 17.4.4. By Sales Channel
17.5. Drivers and Restraints - Impact Analysis

18. Country Wise Market Analysis, 2024

18.1. Introduction
- 18.1.1. Market Value Proportion Analysis, By Key Countries
- 18.1.2. Global Vs. Country Growth Comparison
18.2. U.S. Market Analysis
- 18.2.1. By Type
- 18.2.2. By Nature
- 18.2.3. By Sales Channel
18.3. Canada Market Analysis
- 18.3.1. By Type
- 18.3.2. By Nature
- 18.3.3. By Sales Channel
18.4. Mexico Market Analysis
- 18.4.1. By Type
- 18.4.2. By Nature
- 18.4.3. By Sales Channel
18.5. Brazil Market Analysis
- 18.5.1. By Type
- 18.5.2. By Nature
- 18.5.3. By Sales Channel
18.6. Argentina Market Analysis
- 18.6.1. By Type
- 18.6.2. By Nature
- 18.6.3. By Sales Channel
18.7. Germany Market Analysis
- 18.7.1. By Type
- 18.7.2. By Nature
- 18.7.3. By Sales Channel
18.8. Italy Market Analysis
- 18.8.1. By Type
- 18.8.2. By Nature
- 18.8.3. By Sales Channel
18.9. France Market Analysis
- 18.9.1. By Type
- 18.9.2. By Nature
- 18.9.3. By Sales Channel
18.10. U.K. Market Analysis
- 18.10.1. By Type
- 18.10.2. By Nature
- 18.10.3. By Sales Channel
18.11. Spain Market Analysis
- 18.11.1. By Type
- 18.11.2. By Nature
- 18.11.3. By Sales Channel
18.12. Poland Market Analysis
- 18.12.1. By Type
- 18.12.2. By Nature
- 18.12.3. By Sales Channel
18.13. Russia Market Analysis
- 18.13.1. By Type
- 18.13.2. By Nature
- 18.13.3. By Sales Channel
18.14. China Market Analysis
- 18.14.1. By Type
- 18.14.2. By Nature
- 18.14.3. By Sales Channel
18.15. Japan Market Analysis
- 18.15.1. By Type
- 18.15.2. By Nature
- 18.15.3. By Sales Channel
18.16. S. Korea Market Analysis
- 18.16.1. By Type
- 18.16.2. By Nature
- 18.16.3. By Sales Channel
18.17. India Market Analysis
- 18.17.1. By Type
- 18.17.2. By Nature
- 18.17.3. By Sales Channel
18.18. Turkey Market Analysis
- 18.18.1. By Type
- 18.18.2. By Nature
- 18.18.3. By Sales Channel
18.19. South Africa Market Analysis
- 18.19.1. By Type
- 18.19.2. By Nature
- 18.19.3. By Sales Channel

19. Market Structure Analysis

19.1. Market Analysis by Tier of Companies (Sports Supplements)
19.2. Market Concentration
19.3. Market Presence Analysis

20. Competition Analysis

20.1. Competition Dashboard
20.2. Competition Deep Dive
- 20.2.1. Amway
  - 20.2.1.1. Overview
  - 20.2.1.2. Product Portfolio
  - 20.2.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.1.4. Sales Footprint
  - 20.2.1.5. Strategy Overview
- 20.2.2. BPI Sports
  - 20.2.2.1. Overview
  - 20.2.2.2. Product Portfolio
  - 20.2.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.2.4. Sales Footprint
  - 20.2.2.5. Strategy Overview
- 20.2.3. Bright Lifecare Pvt. Ltd.
  - 20.2.3.1. Overview
  - 20.2.3.2. Product Portfolio
  - 20.2.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.3.4. Sales Footprint
  - 20.2.3.5. Strategy Overview
- 20.2.4. Enervit SpA
  - 20.2.4.1. Overview
  - 20.2.4.2. Product Portfolio
  - 20.2.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.4.4. Sales Footprint
  - 20.2.4.5. Strategy Overview
- 20.2.5. Glanbia PLC
  - 20.2.5.1. Overview
  - 20.2.5.2. Product Portfolio
  - 20.2.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.5.4. Sales Footprint
  - 20.2.5.5. Strategy Overview
- 20.2.6. GNC Holdings, Inc.
  - 20.2.6.1. Overview
  - 20.2.6.2. Product Portfolio
  - 20.2.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.6.4. Sales Footprint
  - 20.2.6.5. Strategy Overview
- 20.2.7. Herbalife Nutrition
  - 20.2.7.1. Overview
  - 20.2.7.2. Product Portfolio
  - 20.2.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.7.4. Sales Footprint
  - 20.2.7.5. Strategy Overview
- 20.2.8. Iovate Health Sciences International Inc.
  - 20.2.8.1. Overview
  - 20.2.8.2. Product Portfolio
  - 20.2.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.8.4. Sales Footprint
  - 20.2.8.5. Strategy Overview
- 20.2.9. Mondel?z International, Inc.
  - 20.2.9.1. Overview
  - 20.2.9.2. Product Portfolio
  - 20.2.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.9.4. Sales Footprint
  - 20.2.9.5. Strategy Overview
- 20.2.10. Muscle Pharm
  - 20.2.10.1. Overview
  - 20.2.10.2. Product Portfolio
  - 20.2.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.10.4. Sales Footprint
  - 20.2.10.5. Strategy Overview
- 20.2.11. Noumi Nutritionals Pty Ltd
  - 20.2.11.1. Overview
  - 20.2.11.2. Product Portfolio
  - 20.2.11.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.11.4. Sales Footprint
  - 20.2.11.5. Strategy Overview
- 20.2.12. Now Foods
  - 20.2.12.1. Overview
  - 20.2.12.2. Product Portfolio
  - 20.2.12.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.12.4. Sales Footprint
  - 20.2.12.5. Strategy Overview
- 20.2.13. Post Holdings Inc.
  - 20.2.13.1. Overview
  - 20.2.13.2. Product Portfolio
  - 20.2.13.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.13.4. Sales Footprint
  - 20.2.13.5. Strategy Overview
- 20.2.14. Scitec Nutrition
  - 20.2.14.1. Overview
  - 20.2.14.2. Product Portfolio
  - 20.2.14.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.14.4. Sales Footprint
  - 20.2.14.5. Strategy Overview
- 20.2.15. Twinlab Consolidated Holdings Inc.
  - 20.2.15.1. Overview
  - 20.2.15.2. Product Portfolio
  - 20.2.15.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.15.4. Sales Footprint
  - 20.2.15.5. Strategy Overview
- 20.2.16. Others (Available on Request)
  - 20.2.16.1. Overview
  - 20.2.16.2. Product Portfolio
  - 20.2.16.3. Profitability by Market Segments (Product/Channel/Region)
  - 20.2.16.4. Sales Footprint
  - 20.2.16.5. Strategy Overview

21. Assumptions and Acronyms Used

22. Research Methodology

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