Global Sports Supplement Market Growth 2023-2029

Global Sports Supplement Market Growth 2023-2029

Sports supplements are dietary supplements that help enhance athletic performance by providing alternate and additional nutrients. These products are generally marketed to people involved in athletics, bodybuilding, and weightlifting.

LPI (LP Information)' newest research report, the “Sports Supplement Industry Forecast” looks at past sales and reviews total world Sports Supplement sales in 2022, providing a comprehensive analysis by region and market sector of projected Sports Supplement sales for 2023 through 2029. With Sports Supplement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sports Supplement industry.

This Insight Report provides a comprehensive analysis of the global Sports Supplement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sports Supplement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sports Supplement market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sports Supplement and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sports Supplement.

The global Sports Supplement market size is projected to grow from US$ 9043.8 million in 2022 to US$ 14770 million in 2029; it is expected to grow at a CAGR of 14770 from 2023 to 2029.

One of the latest trends that gain traction in the global sports supplement market is the innovation in sports nutrition products. To remain competitive in the market, the vendors are constantly focusing on innovating their products to enhance their product lines. These innovations are focused on the requirements of consumers such as athletes who participate in a wide range of sports. With the focus of introducing new products, sports supplement companies are working on creating innovative products with high quality and no side-effects. Sports supplements find applications in sports and are widely required by athletes who use different types of supplements that are known to help improve the beneficial effects of beta-alanine, nitrate, and vitamin D. Thus, the product improvements and innovations will propel the demand for sports supplements during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Sports Supplement market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powders
Bars
Ready-to-Drink
Creatine
Whey
Others

Segmentation by application
Online Stores
Retail Outlets

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Glanbia Nutritionals
GlaxoSmithKline
PowerBar
Science in Sports
Universal Nutrition

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sports Supplement market?

What factors are driving Sports Supplement market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sports Supplement market opportunities vary by end market size?

How does Sports Supplement break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.