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Sports Nutrition Ingredients Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: June 2024 || SKU: FB6051
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180 pages
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Global Sports Nutrition Ingredients Market is Segmented By Ingredients (Proteins, Carbohydrates, Vitamins and Minerals, Others), By End User (Sports and Energy Beverages, Protein Powders, Energy and Nutrition Bars, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030 

 

Sports Nutrition Ingredients Market Overview

The Sports Nutrition Ingredients Market report analyzes the global market size, shares, recent trends, competitive intelligence, and future market outlook. Sports nutrition ingredients are used to enhance athletic performance, promote muscle recovery, and support overall health and well-being in athletes and fitness enthusiasts. The market is driven by the increasing popularity of sports and fitness activities, the growing awareness about the importance of nutrition in sports performance, and the rising demand for natural and organic sports nutrition products. In America, the Sports Nutrition Ingredients Market is experiencing substantial growth. Key players in the market include Glanbia plc, Archer Daniels Midland Company, DuPont Nutrition & Biosciences, and other prominent players.

Sports nutrition refers to the foods and beverages consumed by athletes to meet their bodily nutrition needs. Athletes' performance is enhanced by sports nutrition, which provides the body with essential vitamins, minerals, fats, carbohydrates, and proteins. In addition, the growing demand for sports nutrition products that can meet a variety of needs of athletes, athletes, and fitness enthusiasts is driving the sports nutrition ingredients market. Furthermore, the consistently growing popularity of supplements containing essential amino acids for any sports activity is driving market growth. The growing awareness of the benefits of sports nutrition has accelerated the market's expansion.

Sports Nutrition Ingredients Market Summary

Metrics

Details

Market CAGR

6.54%

Segments Covered

By Ingredients, By End User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Sports Nutrition Ingredients Market Dynamics and Trends

Rising cases of obesity disorders increasing demand for sports nutrition products for fitness

The increasing occurrence of obesity disorders has resulted in the rising importance and demand for fitness and sports activities which is expected to fuel the demand over the forecast period. The development of ingredients with low carbs and high protein is expected to find new applications in sports nutrition products over a period.  The emergence of plant proteins in the food & beverage industry on account of their low cost is expected to fuel the demand over the years. For instance, in 2020, according to Office for Health Improvement & Disparities, Around two-thirds (63%) of adults are above a healthy weight, and of these half are living with obesity. In England 1 in 3 children leaving primary school are overweight or living with obesity with 1 in 5 living with obesity. Thus, an increase in awareness about health & fitness, along with increased awareness about the health benefits of sports nutrition ingredients in the form of carbs, proteins, beverages, and others to fulfill their demands which add to the growth of the market.

On the other hand, the increasing use of artificial steroids by athletes is expected to have a hindering effect on the sports nutrition ingredients market over the forecast period.

COVID-19 Impact on Sports Nutrition Ingredients Market Growth

 Positive impact on the global sports nutrition ingredients market:

The COVID-19 pandemic has adversely affected the economies of various countries due to lockdowns, business close, and travel bans. Food and beverages, and agriculture are among the major industries that suffered from intense disruptions such as restrictions on the supply chain and the shutdown of warehouse plants. In addition, the increased health consciousness, and awareness about fitness enables consumers to work on their body and maintain a healthy weight & body which is done with the help of sports nutrition, as it provides energy, protein, and carbohydrates and lowers hunger, thus it is preferred by consumers which adds to the growth of the market.

Furthermore, the import-export restrictions imposed by governments in North America, Asia, and Europe are hindering geographical expansion, business collaboration, and partnership opportunities. Thus, these factors slightly affected the growth of the sports nutrition ingredients market in the food and beverage industry.

Sports Nutrition Ingredients Market Segmentation Analysis

Sports and Energy Beverages for the highest share in the global sports nutrition ingredients market

In 2021, the sports and energy beverages segment had the highest revenue share of more than YY percent. Sports and energy beverages are consumed to get instant energy. They provide mental and physical and have become popular among different population sections, over the years. These beverages, particularly, gained popularity among sports athletes, as it helps them maintain their energy levels as well as the ideal weight. These beverages have become a key part of social gatherings and celebratory events, worldwide which drives the market growth. Thus, manufacturers are introducing new products in the market to fulfill consumer demands. For instance, in 2020, according to the Coca-Cola Company, POWERADE expanded its product platforms for the first time in over a decade with two new zero-sugar innovations that offer functional hydration solutions plus a new packaging design all to meet the fast-changing needs of sport drink consumers.

Sports Nutrition Ingredients Market Geographical Share

North America is the dominating region during the forecast period

In 2021, North America had the highest revenue share of almost YY percent. The rising importance of sports scholarships at University levels in the U.S. is anticipated to drive the sports nutrition ingredients market over the forecast period. In addition, growing awareness about the health benefits of sports nutrition ingredients and increasing fitness enthusiasts are demanding more sports drinks in the region. Furthermore, the increasing cases of obesity in the U.S. along with increased health consciousness are enabling consumers to use sports nutrition ingredients to maintain their health and weight. For instance, according to Patient Care, obesity rates in 16 US states reached 35% or above in 2020 with 3 states reaching nearly 40%. Looking at the country as a whole for 2020, more than half of adults in every US state had either overweight or obese. The combined rate of adults overweight and obese ranges from a "low" of 57.3% in the District of Columbia to 72.8% in Mississippi. This indeed adds to the growth of the market.

Sports Nutrition Ingredients Market Companies and Competitive Landscape

The global sports nutrition ingredients market industry is competitive and comprises players such as Arla Food Ingredients Group P/S, Glanbia Public Limited Company, Fonterra Co-operative Group Limited, Naturex SA, Roquette Freres S.A., Kemin Industries Inc, Lactalis Ingredients, Sabinsa Corporation, Milk Specialties Company and Kerry Group PLC among others. The sports nutrition ingredients market competitiveness is estimated to increase over the forecast period as the key players focus on various strategies such as agreements and product innovation for various applications. Moreover, rising research and development activities of product innovation for gym and sports people and consumers' preference for natural forms of products are also expected to propel market growth.

For instance,

  • In July 2021, Kerry, the world’s leading taste and Nutrition Company, announced its acquisition of Biosearch Life, a leading biotechnology company focused on providing innovative solutions for the pharmaceutical, nutraceutical, and functional food sectors.

The global sports nutrition ingredients market report would provide access to approximately 77 market data tables, 75 figures, and 175 pages 

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FAQ’s

  • Sports Nutrition Ingredients Market is expected to grow at a High CAGR of 6.54% during the forecasting period 2023-2030.

  • North American region Controls the Sports Nutrition Ingredients Market during 2023-2030.

  • Asia Pacific is the fastest-growing market share during the forecast period.

  • Key players are Arla Food Ingredients Group P/S, Glanbia Public Limited Company, Fonterra Co-operative Group Limited, Naturex SA, Roquette Freres S.A., Kemin Industries Inc, Lactalis Ingredients, Sabinsa Corporation, Milk Specialties Company and Kerry Group PLC among others.
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