The creatine supplement global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Creatine Supplement Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The creatine supplement market size has grown rapidly in recent years. It will grow from $1.34 billion in 2023 to $1.50 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to athletic endorsements, increasing muscle mass and strength, improved recovery, market expansion, and bodybuilding culture.
The creatine supplement market size is expected to see rapid growth in the next few years. It will grow to $2.34 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to the rising prevalence of obesity, improved accessibility for consumers, the increasing availability of creatine supplements, rapid urbanization, and growing adoption of plant-based diets. Major trends in the forecast period include personalized nutrition, innovations in creatine formulations, combination products, enhanced bioavailability, and a focus on cognitive benefits.
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Scope Of Creatine Supplement Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Creatine Supplement Market Overview
Market Drivers –
The increasing awareness of fitness is expected to propel the growth of the creatine supplement market going forward. The rise in fitness awareness is driven by increasing health consciousness, lifestyle-related diseases, and the desire for overall well-being. Creatine supplements enhance physical performance, promoting muscle growth and endurance, which raises awareness about their benefits in fitness routines. For instance, in January 2024, according to data published by the Department for Digital, Culture, Media, and Sport, a UK-based governmental department, 177,273 people aged 16 and over were physically active in 2021, which slightly increased to 177,551 in 2022. Additionally, 63.1% of people in England aged 16 and above met the criteria for being physically active in 2022, engaging in 150 minutes or more of moderate-intensity physical activity per week. Therefore, the increasing awareness of fitness is driving the growth of the creatine supplement market.
Market Trends –
Major companies operating in the creatine supplement market are focusing on developing innovative instantized creatine monohydrate powder supplements to enhance absorption, effectiveness, and user convenience. Instantized creatine monohydrate powder supplements refer to a specially processed form of creatine monohydrate that dissolves quickly and easily in liquid, improving absorption and usability. For instance, in July 2024, BrainMD, a US-based provider of science-based supplements, launched Smart Creatine+, an advanced instantized creatine monohydrate powder supplement designed to boost cellular energy production and ATP balance. This cutting-edge formula not only supports brain health, cognitive processing, and memory but also helps users reach their fitness goals, enhance cognitive function, build lean muscle, and benefit from the advantages of instantized creatine monohydrate.
The creatine supplement market covered in this report is segmented –
1) By Composition: Creatine Monohydrate, Creatine Ethyl Ester, Creatine Hydrochloride, Creatine Nitrate, Other Creatine Derivatives
2) By Form: Powder, Liquid, Capsules Or Tablets, Others Forms
3) By Target Group: Athletes, Bodybuilders, Fitness Enthusiasts, Elderly Population, Other Target Groups
4) By Application: Muscle Building, Endurance Enhancement, Recovery Acceleration, Cognitive Function Improvement, Other Applications
5) By Sales Channel: Online Stores, Brick-And-Mortar Stores, Health Food Stores, Fitness Centers, Other Sales Channels
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Regional Insights –
North America was the largest region in the creatine supplement market in 2023. The regions covered in the creatine supplement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the creatine supplement market are Glanbia PLC, GNC Holdings Inc., AlzChem AG, Swanson Health Products Inc., NOW Foods, Myprotein, Universal Nutrition Inc., BPI Sports LLC, MuscleTech, MusclePharm, Kaged Muscle LLC, Optimum Nutrition Inc., Weider Global Nutrition LLC, Bio-Engineered Supplements and Nutrition Inc., Cellucor, BulkSupplements.com Inc., Nutrex Research Inc., AvansChem Specialty Chemicals Co. Ltd., Dymatize Enterprises LLC, MUBY CHEMICALS, Sheer Strength Labs LLC
Table of Contents
1. Executive Summary
2. Creatine Supplement Market Report Structure
3. Creatine Supplement Market Trends And Strategies
4. Creatine Supplement Market – Macro Economic Scenario
5. Creatine Supplement Market Size And Growth
…..
27. Creatine Supplement Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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