About Sports Nutritional Supplements
Sports nutrition supplements include a variety of drinks, powders and pills designed to improve athletic performance and/or fill gaps in the diet of people who play sports or workout on a regular basis. Sports drinks are meant to hydrate the body by replacing the sodium and potassium that have been lose while sweating. They also keep blood glucose levels. Powdered protein is a convenient, portable source of protein.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Sports Nutritional Supplements market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AST Sports Science (United States), Atlantic Multipower Germany GmbH und Co. OHG (Germany), Champion Nutrition Inc. (United States), Enervit Spa. (Italy), Nestlé (Switzerland), Maxinutrition Ltd (United Kingdom), Glanbia Plc (Ireland), Red Bull (Austria), Vitaco Health Australia Pty Ltd. (Australia) and Dymatize Enterprises Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pacific Health Laboratories (United States), Cardiff Sports Nutrition LTD. (United Kingdom) and Nature’s Bounty (United States).
Segmentation Overview
AMA Research has segmented the market of Global Sports Nutritional Supplements market by Type (Drink, Powder, Pills and Others (Whey and Bars)), Application (Athletes, Bodybuilders, Recreational Users and Lifestyle Users) and Region.
On the basis of geography, the market of Sports Nutritional Supplements has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Sports Nutritional Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Raising Research and Development Activities for New Product Launches and Increasing Urbanization
Market Growth Drivers:
Increased Usage of Self-Analysis Kits, Increasing Health Awareness among People and Surge in Promotional Activities of Sports Nutrition Products
Challenges:
The effectiveness may not be as Dependable and Supplements can also interact with Medications, which can Decrease the Usefulness of the Medicine
Restraints:
Side Effects from Ingredients used in Sport Supplements
Opportunities:
Increasing Demand from Emerging Countries and Changing Lifestyle Habits in Developing Countries
Market Leaders and their expansionary development strategies
In April 2021, Nestlé and KKR today have entered into an agreement in which Nestlé has acquired core brands of The Bountiful Company. The Bountiful Company is the number one pure-play leader in the highly attractive and growing global nutrition and supplement category. In this acquisition to strong growth acceleration.
August 2023, RhinoFit has launched new supplement line for our users! The premium sports nutrition line includes a full line of pre-workout formulas, amino energy, BCAAs, and other recovery formulas.
Key Target Audience
Manufacturers of Sports Nutritional Supplements, Suppliers of Sports Nutritional Supplements, Wholesalers, distributers and retailers of Sports Nutritional Supplements and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.