Product Code: TIPRE00006894
The sports nutrition market size is projected to reach US$ 46.41 billion by 2031 from US$ 24.01 billion in 2023. The market is expected to register a CAGR of 8.6% during 2023-2031.
With the growing demand for sports nutrition products globally, key players are taking various strategic initiatives to differentiate themselves from their competitors. Several manufacturers are launching innovative products. For instance, in March 2024, Garden of Life LLC announced the expansion of its sports supplements product category by launching a new supplement formulated for workout recovery as well as enhancing skin radiance. In April 2023, Buildyourgoals, a sports nutrition company, announced the launch of four additional sports supplements in different flavors, including watermelon, orange, fresh brew coffee, and kiwi. In December 2023, DYMATIZE ENTERPRISES, LLC, a sports nutrition company, announced the expansion of its high-performance ISO100 protein powder product line by partnering with DD IP Holder LLC. With this collaboration, the company launched a new range of protein powders with the flavor and taste of Glazed Donuts from DD IP Holder LLC.
Various manufacturers in the sports nutrition market are engaged in collaborations with athletes to expand their customer base, which is further boosting the growth of the sports nutrition market. For instance, in August 2023, Saquon Barkley, an All-Pro running back for New York's football team, teamed up with SIXSTAR, a sports nutrition company, and Kellogg Co. to launch new products of Six Star 100% Whey Protein Plus in Kellogg's Frosted Flakes and Froot Loops flavors. Also, in August 2023, ahead of the Paris 2024 Olympic Games, VOW Nutrition, a sports nutrition brand, collaborated with Team GB as the Official Nutrition Licensee. Moreover, BioSteel Sports Nutrition Inc. signed a partnership with Sergino Dest, a defender for the U.S. Men's National Soccer Team. Such celebrity endorsement plays a vital role in boosting the sales of sports nutrition products.
Several manufacturers are focusing on mergers and acquisitions to expand their product portfolio and strengthen their brand presence in the sports nutrition market. For instance, in May 2024, NUTRIVEND, a sports nutrition company, announced the acquisition of CSN Supplements Ltd. This strategic investment is expected to help the company expand its customer base and product portfolio in the sports nutrition market.
In terms of product type, the market is segmented into supplements, bars, RTD beverages, and others. The supplements segment held a significant sports nutrition market share in 2023. Sports supplements are designed to provide an energy boost, enhance performance, and aid endurance throughout the workout or sports activities of the consumers. These performance-enhancer sports supplements, including powders, gummies, tablets, and capsules, are in high demand among athletes and bodybuilders. There is a rising engagement in physical activities among the population across the globe, followed by increasing participation in sports events, which drives the demand for sports supplements.
A few players operating in the sports nutrition market Glanbia plc; NOW Foods; Garden of Life; PepsiCo Inc.; Quest Nutrition LLC; Abbott Laboratories; Amway Corp; GNC Holdings, LLC; Worldwide Sport Nutritional Supplements; Inc.; and Herbalife Nutrition Ltd. and among others. Players operating in the sports nutrition market focus on providing innovative and healthy products at affordable prices to fulfill customer demand.
The overall sports nutrition market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the sports nutrition market.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Market Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. Sports Nutrition Market Landscape
- 4.1 Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Retailers
- 4.4 List of Vendors in the Value Chain
5. Sports Nutrition Market - Key Market Dynamics
- 5.1 Sports Nutrition Market - Key Market Dynamics
- 5.1.1 Rising Engagement of Consumers in Physical Fitness Activities
- 5.1.2 Increasing Strategic Initiatives by Key Players
- 5.2 Market Restraints
- 5.2.1 Potential Side-Effects of Sports Supplements
- 5.3 Market Opportunities
- 5.3.1 Favorable Government Initiatives Supporting Sports Activities
- 5.4 Future Trends
- 5.4.1 Preference for Sports Nutrition Products with Vegan and Organic Claims
- 5.5 Impact of Drivers and Restraints:
6. Sports Nutrition Market - Global Market Analysis
- 6.1 Sports Nutrition Market Revenue (US$ Million), 2021-2031
- 6.2 Sports Nutrition Market Forecast Analysis
7. Sports Nutrition Market Analysis - by Product Type
- 7.1 Supplements
- 7.1.1 Overview
- 7.1.2 Supplements: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.1.3 Powders
- 7.1.3.1 Overview
- 7.1.3.2 Powders: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.1.4 Tablets and Capsules
- 7.1.4.1 Overview
- 7.1.4.2 Tablets and Capsules: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.1.5 Gummies
- 7.1.5.1 Overview
- 7.1.5.2 Gummies: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.1.6 Other Supplements
- 7.1.6.1 Overview
- 7.1.6.2 Other Supplements: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 Bars
- 7.2.1 Overview
- 7.2.2 Bars: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.3 RTD Beverages
- 7.3.1 Overview
- 7.3.2 RTD Beverages: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
8. Sports Nutrition Market Analysis - by Distribution Channel
- 8.1 Supermarkets and Hypermarkets
- 8.1.1 Overview
- 8.1.2 Supermarkets and Hypermarkets: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Specialty Stores
- 8.2.1 Overview
- 8.2.2 Specialty Stores: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 8.3 Online Retail
- 8.3.1 Overview
- 8.3.2 Online Retail: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
9. Sports Nutrition Market - Geographical Analysis
- 9.1 Overview
- 9.2 North America
- 9.2.1 North America Sports Nutrition Market Overview
- 9.2.2 North America: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2.3 North America: Sports Nutrition Market Breakdown, by Product Type
- 9.2.3.1 North America: Sports Nutrition Market - Revenue and Forecast Analysis - by Product Type
- 9.2.4 North America: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.2.4.1 North America: Sports Nutrition Market - Revenue and Forecast Analysis - by Distribution Channel
- 9.2.5 North America: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.2.5.1 North America: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.2.5.2 United States: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2.5.2.1 United States: Sports Nutrition Market Breakdown, by Product Type
- 9.2.5.2.2 United States: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.2.5.3 Canada: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2.5.3.1 Canada: Sports Nutrition Market Breakdown, by Product Type
- 9.2.5.3.2 Canada: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.2.5.4 Mexico: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2.5.4.1 Mexico: Sports Nutrition Market Breakdown, by Product Type
- 9.2.5.4.2 Mexico: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3 Europe
- 9.3.1 Europe Sports Nutrition Market Overview
- 9.3.2 Europe: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.3 Europe: Sports Nutrition Market Breakdown, by Product Type
- 9.3.3.1 Europe: Sports Nutrition Market - Revenue and Forecast Analysis - by Product Type
- 9.3.4 Europe: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3.4.1 Europe: Sports Nutrition Market - Revenue and Forecast Analysis - by Distribution Channel
- 9.3.5 Europe: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.3.5.1 Europe: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.3.5.2 Germany: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.5.2.1 Germany: Sports Nutrition Market Breakdown, by Product Type
- 9.3.5.2.2 Germany: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3.5.3 France: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.5.3.1 France: Sports Nutrition Market Breakdown, by Product Type
- 9.3.5.3.2 France: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3.5.4 Italy: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.5.4.1 Italy: Sports Nutrition Market Breakdown, by Product Type
- 9.3.5.4.2 Italy: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3.5.5 United Kingdom: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.5.5.1 United Kingdom: Sports Nutrition Market Breakdown, by Product Type
- 9.3.5.5.2 United Kingdom: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3.5.6 Spain: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.5.6.1 Spain: Sports Nutrition Market Breakdown, by Product Type
- 9.3.5.6.2 Spain: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.3.5.7 Rest of Europe: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3.5.7.1 Rest of Europe: Sports Nutrition Market Breakdown, by Product Type
- 9.3.5.7.2 Rest of Europe: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Sports Nutrition Market Overview
- 9.4.2 Asia Pacific: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.3 Asia Pacific: Sports Nutrition Market Breakdown, by Product Type
- 9.4.3.1 Asia Pacific: Sports Nutrition Market - Revenue and Forecast Analysis - by Product Type
- 9.4.4 Asia Pacific: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4.4.1 Asia Pacific: Sports Nutrition Market - Revenue and Forecast Analysis - by Distribution Channel
- 9.4.5 Asia Pacific: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.4.5.1 Asia Pacific: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.4.5.2 Australia: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.5.2.1 Australia: Sports Nutrition Market Breakdown, by Product Type
- 9.4.5.2.2 Australia: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4.5.3 China: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.5.3.1 China: Sports Nutrition Market Breakdown, by Product Type
- 9.4.5.3.2 China: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4.5.4 Japan: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.5.4.1 Japan: Sports Nutrition Market Breakdown, by Product Type
- 9.4.5.4.2 Japan: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4.5.5 India: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.5.5.1 India: Sports Nutrition Market Breakdown, by Product Type
- 9.4.5.5.2 India: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4.5.6 South Korea: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.5.6.1 South Korea: Sports Nutrition Market Breakdown, by Product Type
- 9.4.5.6.2 South Korea: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.4.5.7 Rest of APAC: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.4.5.7.1 Rest of APAC: Sports Nutrition Market Breakdown, by Product Type
- 9.4.5.7.2 Rest of APAC: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.5 Middle East and Africa
- 9.5.1 Middle East and Africa Sports Nutrition Market Overview
- 9.5.2 Middle East and Africa: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.5.3 Middle East and Africa: Sports Nutrition Market Breakdown, by Product Type
- 9.5.3.1 Middle East and Africa: Sports Nutrition Market - Revenue and Forecast Analysis - by Product Type
- 9.5.4 Middle East and Africa: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.5.4.1 Middle East and Africa: Sports Nutrition Market - Revenue and Forecast Analysis - by Distribution Channel
- 9.5.5 Middle East and Africa: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.5.5.1 Middle East and Africa: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.5.5.2 South Africa: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.5.5.2.1 South Africa: Sports Nutrition Market Breakdown, by Product Type
- 9.5.5.2.2 South Africa: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.5.5.3 Saudi Arabia: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.5.5.3.1 Saudi Arabia: Sports Nutrition Market Breakdown, by Product Type
- 9.5.5.3.2 Saudi Arabia: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.5.5.4 United Arab Emirates: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.5.5.4.1 United Arab Emirates: Sports Nutrition Market Breakdown, by Product Type
- 9.5.5.4.2 United Arab Emirates: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.5.5.5 Rest of Middle East and Africa: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.5.5.5.1 Rest of Middle East and Africa: Sports Nutrition Market Breakdown, by Product Type
- 9.5.5.5.2 Rest of Middle East and Africa: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.6 South and Central America
- 9.6.1 South and Central America Sports Nutrition Market Overview
- 9.6.2 South and Central America: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.6.3 South and Central America: Sports Nutrition Market Breakdown, by Product Type
- 9.6.3.1 South and Central America: Sports Nutrition Market - Revenue and Forecast Analysis - by Product Type
- 9.6.4 South and Central America: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.6.4.1 South and Central America: Sports Nutrition Market - Revenue and Forecast Analysis - by Distribution Channel
- 9.6.5 South and Central America: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.6.5.1 South and Central America: Sports Nutrition Market - Revenue and Forecast Analysis - by Country
- 9.6.5.2 Brazil: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.6.5.2.1 Brazil: Sports Nutrition Market Breakdown, by Product Type
- 9.6.5.2.2 Brazil: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.6.5.3 Argentina: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.6.5.3.1 Argentina: Sports Nutrition Market Breakdown, by Product Type
- 9.6.5.3.2 Argentina: Sports Nutrition Market Breakdown, by Distribution Channel
- 9.6.5.4 Rest of South and Central America: Sports Nutrition Market - Revenue and Forecast to 2031 (US$ Million)
- 9.6.5.4.1 Rest of South and Central America: Sports Nutrition Market Breakdown, by Product Type
- 9.6.5.4.2 Rest of South and Central America: Sports Nutrition Market Breakdown, by Distribution Channel
10. Competitive Landscape
- 10.1 Heat Map Analysis
- 10.2 Company Positioning and Concentration
11. Industry Landscape
- 11.1 Overview
- 11.2 New Product Launches
- 11.3 Partnership
- 11.4 Expansion
12. Company Profiles
- 12.1 Glanbia Plc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 NOW Foods
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Garden of Life LLC
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 PepsiCo Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Quest Nutritional LLC
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Abbott Laboratories
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Amway Corp
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 GNC Holdings, LLC
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Worldwide Sport Nutritional Supplements, Inc.
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Herbalife Nutrition Ltd.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners