Sports Supplement Market to observe USD 1.91 Bn incremental growth -- Driven by increased participation in sports and fitness activities

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- The global sports supplement market size is expected to grow by USD 1.91 billion between 2021 and 2026, accelerating at a CAGR of 8.3% during the forecast period. The report provides a comprehensive analysis of the market size, YOY growth rates, and regional growth opportunities among others. Download PDF Report Sample

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Amway Corp., Ascendis Health Ltd, Associated British Foods Plc, BPI Sports, Clif Bar and Co., Glanbia Plc, GSK Plc, Harbin Pharmaceutical Group Co. Ltd., Herbalife International of America Inc, Klean Athlete, Meiji Holdings Co. Ltd., MusclePharm Corp., Nestle SA, NOW Health Group Inc., PacificHealth Laboratories Inc., PepsiCo Inc., Pro Action srl, Universal Nutrition, and Weider Global Nutrition LLC are some of the major market participants.

Although the increased participation in sports and fitness activities. People who are physically active have a better chance of being healthy in adulthood. Indulging in physical activities such as sports reduces the risk of developing chronic diseases such as heart disease, hypertension, type 2 diabetes, and osteoporosis later in life. Besides, the increasing interest in maintaining a good physical appearance among young consumers is leading to an increase in the number of people involved in activities such as bodybuilding. Many such factors are increasing the demand for sports supplements, protein powders, and energy bars, thereby driving the growth of the market in focus.

In addition, the increasing demand for natural products and the increased consumption among millennials will offer immense growth opportunities. However, the presence of counterfeit products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

Sports Supplement Market 2022-2026: Segmentation

The global sports supplement market is segmented as below:

  • Distribution Channel
    • Offline
    • Online

The market growth in the offline distribution channel will be significant over the forecast period. The segment is driven by the increasing availability of sports supplements in retail stores. In addition, the collaboration between vendors and retail chains is expected to contribute to the growth of the segment.

  • Geography 
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East and Africa

47% of the market growth will originate from North America during the forecast period. The increased awareness about the health benefits of proteins and the importance of an active lifestyle among consumers is driving the growth of the regional market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our sports supplement market report covers the following areas:

Sports Supplement Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the sports supplement market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the sports supplement market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Sports Supplement Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist sports supplement market growth during the next five years
  • Estimation of the sports supplement market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the sports supplement market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sports supplement market vendors

Related Reports:

Sports Supplement Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.3%

Market growth 2022-2026

USD 1.91 billion

Market structure

Fragmented

YoY growth (%)

7.7

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 47%

Key consumer countries

US, Canada, Germany, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Abbott Laboratories, Amway Corp., Ascendis Health Ltd, Associated British Foods Plc, BPI Sports, Clif Bar and Co., Glanbia Plc, GSK Plc, Harbin Pharmaceutical Group Co. Ltd., Herbalife International of America Inc, Klean Athlete, Meiji Holdings Co. Ltd., MusclePharm Corp., Nestle SA, NOW Health Group Inc., PacificHealth Laboratories Inc., PepsiCo Inc., Pro Action srl, Universal Nutrition, and Weider Global Nutrition LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel
    • Exhibit 26: Chart on Comparison by Distribution Channel
    • Exhibit 27: Data Table on Comparison by Distribution Channel
  • 5.3 Offline - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
  • 5.4 Online - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel
    • Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Germany - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 Canada - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.12 France - Market size and forecast 2021-2026
    • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Clif Bar and Co.
    • Exhibit 89: Clif Bar and Co. - Overview
    • Exhibit 90: Clif Bar and Co. - Product / Service
    • Exhibit 91: Clif Bar and Co. - Key offerings
  • 10.4 Glanbia Plc
    • Exhibit 92: Glanbia Plc - Overview
    • Exhibit 93: Glanbia Plc - Business segments
    • Exhibit 94: Glanbia Plc - Key offerings
    • Exhibit 95: Glanbia Plc - Segment focus
  • 10.5 GSK Plc
    • Exhibit 96: GSK Plc - Overview
    • Exhibit 97: GSK Plc - Business segments
    • Exhibit 98: GSK Plc - Key news
    • Exhibit 99: GSK Plc - Key offerings
    • Exhibit 100: GSK Plc - Segment focus
  • 10.6 Harbin Pharmaceutical Group Co. Ltd.
    • Exhibit 101: Harbin Pharmaceutical Group Co. Ltd. - Overview
    • Exhibit 102: Harbin Pharmaceutical Group Co. Ltd. - Product / Service
    • Exhibit 103: Harbin Pharmaceutical Group Co. Ltd. - Key offerings
  • 10.7 Herbalife International of America Inc
    • Exhibit 104: Herbalife International of America Inc - Overview
    • Exhibit 105: Herbalife International of America Inc - Product / Service
    • Exhibit 106: Herbalife International of America Inc - Key offerings
  • 10.8 Klean Athlete
    • Exhibit 107: Klean Athlete - Overview
    • Exhibit 108: Klean Athlete - Product / Service
    • Exhibit 109: Klean Athlete - Key offerings
  • 10.9 Nestle SA
    • Exhibit 110: Nestle SA - Overview
    • Exhibit 111: Nestle SA - Business segments
    • Exhibit 112: Nestle SA - Key news
    • Exhibit 113: Nestle SA - Key offerings
    • Exhibit 114: Nestle SA - Segment focus
  • 10.10 NOW Health Group Inc.
    • Exhibit 115: NOW Health Group Inc. - Overview
    • Exhibit 116: NOW Health Group Inc. - Product / Service
    • Exhibit 117: NOW Health Group Inc. - Key offerings
  • 10.11 PepsiCo Inc.
    • Exhibit 118: PepsiCo Inc. - Overview
    • Exhibit 119: PepsiCo Inc. - Business segments
    • Exhibit 120: PepsiCo Inc. - Key news
    • Exhibit 121: PepsiCo Inc. - Key offerings
    • Exhibit 122: PepsiCo Inc. - Segment focus
  • 10.12 Pro Action srl
    • Exhibit 123: Pro Action srl - Overview
    • Exhibit 124: Pro Action srl - Product / Service
    • Exhibit 125: Pro Action srl - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 126: Inclusions checklist
    • Exhibit 127: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 128: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 129: Research methodology
    • Exhibit 130: Validation techniques employed for market sizing
    • Exhibit 131: Information sources
  • 11.5 List of abbreviations
    • Exhibit 132: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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