The Global Sports Nutrition Ingredients Market is estimated to be USD 4.6 Bn in 2023 and is expected to reach USD 6.64 Bn by 2028 growing at a CAGR of 7.61%.Increased transparency and product penetration due to e-commerce and Rising non-GMO trend
The automotive sports nutrition ingredients market refers to the industry that caters to the demand for specialized nutritional ingredients specifically formulated to meet the dietary requirements of athletes and sports enthusiasts. These ingredients support physical performance, enhance endurance, promote muscle recovery, and maintain overall well-being. As the automotive sports industry thrives, the need for high-quality nutrition to fuel athletes' performance has become increasingly important.
Manufacturers develop and supply various ingredients in the automotive sports nutrition ingredients market, including protein powders, amino acids, vitamins, minerals, carbohydrates, and other supplements. These ingredients are meticulously crafted to provide athletes with the necessary nutrients to optimize their physical performance, improve muscle strength, and enhance recovery after intense training or competitive events. Several factors drive the market for automotive sports nutrition ingredients. Firstly, the growing awareness among athletes about the impact of nutrition on athletic performance has spurred the demand for specialized components tailored to their unique dietary needs. Athletes increasingly seek products that provide targeted nutrition and support their training goals.
Moreover, the rising popularity of sports and fitness activities and the growing number of individuals participating in endurance sports have significantly contributed to the market's growth. This trend has created a need for nutrition solutions to replenish energy, muscle repair, and overall wellness. The increasing emphasis on maintaining a healthy and active lifestyle has also led to a broader consumer base for automotive sports nutrition ingredients. The market is not limited to professional athletes alone but also encompasses recreational sports enthusiasts and fitness-conscious individuals who seek to improve their performance and achieve their fitness goals.
However, the market does face certain restraints, such as the potential for counterfeit products, regulatory challenges in some regions, and the high cost associated with premium sports nutrition ingredients. Nonetheless, the market presents various opportunities for growth, including the expansion of product portfolios, the integration of innovative components, and the development of personalized nutrition solutions.
Market Segmentations
- The Global Sports Nutrition Ingredients Market is segmented based on Ingredient, Form, Distribution Channel, Applications, and Geography.
- By Ingredient, the market is classified into Protein Powders, Amino Acids, Vitamins, Minerals, and Carbohydrates. Protein powders have the largest market share. Protein powders are a popular choice for athletes and fitness enthusiasts because they are a convenient and effective way to increase protein intake. Protein is essential for muscle growth and repair and can help with weight loss.
- By Form, the market is classified into Powders, Bars, and Drinks. Powders have the largest market share. This is because is a versatile form of sports nutrition that can be used to make various drinks and foods. They are also easy to transport and store, which makes them a popular choice for athletes and fitness enthusiasts who are on the go.
- By Distribution Channel, the market is classified into Retail, Specialty Stores, and Hypermarkets/Supermarkets. Retail has the largest market share. Retail stores are the most common place for consumers to purchase sports nutrition products. They offer a wide variety of products and are often more convenient than other distribution channels.
- By Applications, the market is classified into Energy and Endurance, Muscle Growth and Recovery, and Weight Management. Energy and endurance have the largest market share because it helps athletes and fitness enthusiasts perform at their best. Products in this category can help to improve performance, increase energy levels, and reduce fatigue.
- By Geography, the market is classified into the Americas, Europe, Middle East & Africa, and Asia-Pacific. America has the largest market share for sports nutrition ingredients because it is a developed region with a large population of athletes and fitness enthusiasts. The region also has a strong economy, allowing consumers to spend more on sports nutrition products.
Recent Development
- Glanbia Nutritionals, a global nutrition company, announced the launch of its new sports nutrition brand, Endura. The brand is designed to help athletes and fitness enthusiasts perform at their best. Endura products are made with high-quality ingredients and are backed by scientific research - March 2023
- Abbott Nutrition, a global nutrition company, announced the launch of its new sports nutrition product, Ensure MaxPro. The product is designed to help athletes and fitness enthusiasts recover from strenuous workouts. Ensure MaxPro contains a blend of protein, carbohydrates, and electrolytes that help to replenish muscle glycogen stores and reduce muscle soreness - February 2023
- Company Profiles
- The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abbott Laboratories, GSK, Mars, PepsiCo, Universal Nutrition, etc.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Sports Nutrition Ingredients Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The publisher analyses the Global Sports Nutrition Ingredients Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Sports Nutrition Ingredients Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
- Excel data sheet for the market size will also be provided with the report.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
- The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
- The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
- Market segmentation
- Competitive Analysis: Comparative analysis of competitor
- Historical, current, and projected size of the market based on value and volume
- Market size of the US states
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Sports Nutrition Ingredients Market, By Ingredient
7 Global Sports Nutrition Ingredients Market, By Form
8 Global Sports Nutrition Ingredients Market, By Distribution Channel
9 Global Sports Nutrition Ingredients Market, By Applications
10 Americas' Sports Nutrition Ingredients Market
11 Europe's Sports Nutrition Ingredients Market
12 Middle East and Africa's Sports Nutrition Ingredients Market
13 APAC's Sports Nutrition Ingredients Market
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- Abbott Laboratories
- Bio-Engineered Supplements and Nutrition, Inc.
- BSN Sports
- Cellucor
- Clif Bar & Company
- Glanbia PLC
- GNC Holdings, Inc.
- GSK PLC
- Herbalife Nutrition Ltd.
- Inner Armour
- Kerry Group PLC
- Mars, Inc.
- MusclePharm Corp.
- Naturex SA
- NOW Foods
- Nutrabolt Corp.
- Optimum Nutrition, Inc.
- PepsiCo, Inc.
- PowerBar Europe GmbH
- Red Bull GmbH
- Scitec Nutrition
- The Coca-Cola Company
- The Hut Group
- The Nature's Bounty Co.
- Universal Nutrition
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 218 |
Published | February 2024 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 4.6 Billion |
Forecasted Market Value ( USD | $ 6.64 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |