USD 13.15 billion
Report ID: SQMIG30L2064 | Region: Global | Published Date: November, 2022 | Pages: 157 | Tables: 88 | Figures: 76
Global Pre-workout Supplements Market size was valued at USD 13.15 billion in 2021 and is poised to grow from USD 14.2 billion in 2022 to USD 26.8 billion by 2030, growing at a CAGR of 7.9% in the forecast period (2023-2030).
In today's sports and wellness environment, where people are always conscious of their health, the use of dietary supplements, such as pre-workout supplements, to increase efficiency and strengthen activity modifications is gaining enormous popularity. Pre-workout supplements come in a variety of forms; the most common form is a paste that can be mixed with water or a tablet.
The Market is expected to expand significantly over the forecast years due to the growing importance of an active lifestyle, increased awareness of the benefits of proteins, and an increase in the number of health and fitness centers. Furthermore, consumers who engage in intense workouts prefer pre-workout supplements because they promote blood vessel dilation, allowing more oxygen to be delivered to muscles and resulting in improved performance. In the coming years, these factors are expected to drive demand for energy-boosting products such as pre-workout supplements.
Caffeine to increase energy, beta-alanine to control muscle fatigue, Branched Chain Amino Acids (BCAAs) to reduce protein breakdown, creatine to improve performance, and Nitric Oxide (NO) to maintain normal blood vessel function are all ingredients found in pre-workout supplements, along with proprietary blends.
US Pre Workout Supplements Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 13.15 billion
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The Global Pre-workout Supplements Market is segmented Based on Form and Distribution Channel and Regions. Based on Form, Pre-Workout Supplements Market is categorized into: Powder, Capsule, ready to drink. Based on Distribution Channel, Pre-Workout Supplements Market is categorized into Online, Offline. Based on region, Pre-Workout Supplements Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Pre-Workout Supplements Market Analysis by Distribution Channel
In the pre-workout supplement market, the offline category held the largest share. Retailers such as GNC, Vitamin Shoppe, Nutrishop, and Walmart are increasingly turning to offline channels to expand their distribution and improve their brands. In addition, many merchants are expanding their access to consumers by opening more retail locations.
Pre-Workout Supplements Market Analysis by Form
The powder is anticipated to have the largest Market share in 2021 and will continue to sustain throughout the forecast period. Powder pre-workout supplements are extremely popular among consumers due to their ease of availability and ingestion. Because consumers have difficulty swallowing capsules/tablets, their preference has shifted to powder form.
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In 2021, Asia Pacific held the largest Pre-workout Supplements Market share. Changing consumer preferences for nutritional goods, an increase in the number of fitness and health centers, and rising health awareness are all contributing to the region's Market growth. The demand for pre-workout supplements in the region is expected to rise as international brands gain traction in the region. Due to the vast number of gym users in China, it is the region's largest market.
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Pre-Workout Supplements Market Driver
Pre-Workout Supplements Market Restraint
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Many major firms are shifting their focus to the introduction of new products into the market. For example, Stance Supplements launched MERK pre-workout supplements in two flavors: nasty blue razz and strawberry death punch, which were sold through online and Nutrishop locations in the US. The product contains increased dosages of Citrulline Malate, 3.2g of Beta-Alanine, 550mg of VitaCholine, 350mg of caffeine, and 200 mg of AlphaSize, as well as vitamins B12, Himalayan Rock Salt, Acticin, and Astragin.
Top players in Global Pre-workout Supplements Market are
Pre-Workout Supplements Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research
According to our Pre-workout Supplements Market analysis, the market is expected to expand significantly over the forecast years due to the growing importance of an active lifestyle, increased awareness of the benefits of proteins, and an increase in the number of health and fitness centers. Furthermore, consumers who engage in intense workouts prefer pre-workout supplements because they promote blood vessel dilation, allowing more oxygen to be delivered to muscles and resulting in improved performance.
|Market size value in 2021||USD 13.15 billion|
|Market size value in 2030||USD 14.2 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
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For the Global Pre-workout Supplements Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Pre-workout Supplements Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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