Sports Nutrition Ingredients Global Market By Product Type, By Formulation, By Consumer Group, By Sales Channel, By Region Forecasts, 2024-2033 | Naturex SA, AMCO Proteins, Nexira Inc., Rousselot Inc., Capsugel Inc.

Sports Nutrition Ingredients Market

The Sports Nutrition Ingredients Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Sports Nutrition Ingredients Global Market Report 2024, The sports nutrition ingredients market size has grown strongly in recent years. It will grow from $5.19 billion in 2023 to $5.64 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to growing health and fitness awareness, rise in sports participation, innovation in ingredient formulations, expansion of distribution channels, celebrity endorsements and influencer marketing.

The sports nutrition ingredients market size is expected to see strong growth in the next few years. It will grow to $7.79 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to continued focus on health and wellness, customization and personalization trends, globalization of sports nutrition brands, rising popularity of plant-based ingredients, government initiatives and regulations. Major trends in the forecast period include plant-based dominance, personalization and customization, clean labels and transparency, functional ingredients and nutraceuticals, innovations in protein sources.

Rising demand for dietary supplements is expected to propel the growth of the sports nutrition ingredients market going forward. Dietary supplements refer to dietary additions that are typically made up of one or more dietary components, such as vitamins, minerals, herbs, amino acids, and enzymes. The rising demand for dietary supplements increases the demand for sports nutrition ingredients, as they are used to enhance physical activity and athletic performance. For instance, in September 2021, according to a report shared by The National Library of Medicine, a US-based biomedical library, during the first wave of the pandemic, dietary supplement sales in the United States increased by 44% ($435 million) compared to the same period in 2019. Therefore, the rising demand for dietary supplements drives the sports nutrition ingredients market.

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The sports nutrition ingredients market covered in this report is segmented –
1) By Product: Sports Drinks, Sports Supplements, Sports Food
2) By Ingredient: Proteins, Carbohydrates, Vitamins and Minerals, Other Ingredients
3) By Distribution Channel: Online Channel, Offline Chanel
4) By Application: Bodybuilders, Pro or Amateur Athletes, Recreational Users, Lifestyle User
5) By End Use: Sports and Energy Beverages, Protein Powders, Energy and Nutrition Bars, Other End Users

Product innovation is a key trend gaining popularity in the sports nutrition ingredients market. Major players operating in the market are developing innovative products to sustain their position in the sports nutrition ingredients market. For instance, in October 2021, Arla Foods Ingredients, a Denmark-based manufacturer and supplier of sports nutrition products, launched Lacprodan BLG-100, a pure BLG ingredient with a distinctive nutritional composition that is produced using a newly invented separation technology that has been patented. The unique features include Lacprodan BLG-100’s high leucine content, which allows for very high protein concentrations while also providing all the nutritional strength active consumers require. This helps to minimize muscle mass loss and maintain physical mobility.

The sports nutrition ingredients market report table of contents includes:
1. Executive Summary