Leading Sports Supplement Product Markets Databank

Leading Sports Supplement Product Markets Databank

The Sports Supplement market was valued at $20,960.0 Million in 2020, and is projected to reach $36,203.5 Million by 2029 growing at a CAGR of 6.30% from 2021 to 2029. Powder segment is expected to be the highest contributor to this market, with $13,451.6 Million in 2020, and is anticipated to reach $23,189.2 Million by 2029, registering a CAGR of 6.28%. Bar segment is anticipated to reach $3,536.5 Million by 2029 with the highest CAGR of 6.58%. Powder and Capsule/Tablets segments collectively expected to account for about 79.5% share of the Sports Supplement market in 2020, with the former constituting around 64.2% share. Bar and Liquid segments are expected to witness significant growth rates at a CAGR of 6.58% and 6.40% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 20.5% in the overall Sports Supplement market in 2020, and is anticipated to reach 20.8% by 2029.