Global Sports and Fitness Nutrition Foods and Beverages Market

Global Sports and Fitness Nutrition Foods and Beverages Market Size, Share, Growth Analysis, By Product (Sports nutrition, sports/energy foods), By Distribution channel(Online, and offline), By End-use(Athletes, lifestyle users), By Region(North America, Europe) - Industry Forecast 2024-2031

Report ID: SQMIG30I2157 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 119 | Figures: 80

Global Sports and Fitness Nutrition Foods and Beverages Market Regional Insights

Asia Pacific is expected to hold the leading position, followed by North America, and Europe during the forecast period due to the presence of a significant number of sports and fitness nutrition foods & beverages industry companies and the high widespread adoption due to government measures that enhance this industry in this region. In Asia Pacific, the growth of digital infrastructure in emerging markets such as India and China presented significant potential for online platforms to increase sales.

North America is anticipated to expand at the fastest rate during the analysis period. The increased demand for sports nutrients from sports clubs and fitness clubs is primarily responsible for North America's growth in the sports nutrition beverage market. Furthermore, during the forecast period, demand for ready-to-drink sports nutrition products in Canada is expected to contribute to the growth of the sports and fitness nutrition foods and beverages market. In North America, rising health concerns, shifting dietary plans, and changing lifestyles are driving up demand for sports and nutrition food beverages market during the analysis period. Also, the innovative creation of new flavours in energy drinks and sports nutrition, as well as the health advantages, are expected to increase demand for sports and nutrient food and beverages in the North American region.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Sports and Fitness Nutrition Foods and Beverages Market was valued at USD 42.90 billion in 2022 and is expected to grow from USD 46.07 billion in 2023 to reach a value of USD 81.56 billion by 2031, at a CAGR of 7.40% during the forecast period (2024–2031).

The global sports and fitness nutrition foods and beverages market is highly competitive in nature owing to the rapid inclination of consumers towards healthy lifestyle. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Glanbia plc (Ireland)', 'PepsiCo, Inc. (USA)', 'General Nutrition Centers, Inc. (USA)', 'The Coca-Cola Company (USA)', 'Abbott Laboratories (USA)', 'Clif Bar & Company (USA)', 'Nestle S.A. (Switzerland)', 'Yakult Honsha Co., Ltd. (Japan)', 'Post Holdings, Inc. (USA)', 'MusclePharm Corporation (USA)', 'Red Bull GmbH (Austria)', 'Monster Beverage Corporation (USA)', 'GlaxoSmithKline plc (UK)', 'Nature's Bounty Co. (USA)', 'Atlantic Grupa d.d. (Croatia)', 'Herbalife Nutrition Ltd. (USA)', 'CytoSport, Inc. (USA)', 'Optimum Nutrition, Inc. (USA)', 'The Nature's Bounty Co. (USA)', 'Maxinutrition (UK)', 'In March 2024, ClassPass, the leading fitness and wellness membership, announced the launch of food and beverage offerings onto the roster of experiences bookable through ClassPass. This exciting addition marks a significant milestone in ClassPass' mission to encourage people to live inspired lives every day by seamlessly connecting them to soul-nurturing experiences.', 'In March 2024, the Baltimore Ravens entered a partnership with Levy to become the team's official food, beverage and hospitality (F&B) partner. Beginning in 2024, Levy will be the exclusive concessionaire at M&T Bank Stadium.', 'In February 2024, BODYARMOR Sports Drink revealed its latest collaboration with the sports and comedy ensemble, Dude Perfect. This partnership designates the brand as the Official Hydration Partner for all things Dude Perfect, expanding its remarkable portfolio of sports properties and athletes.'

The rapid urban growth, the increase in the number of non-traditional users, and the expansion of the global sports nutrition market, as well as an increase in the number of fitness centres and health clubs, are the contributors to the growth of the sports nutrition food beverage market during the aforementioned forecasting period.

The increasing shift of consumers toward convenient nutrition, increased usage of sports beverages as refreshment drinks, and latest product launches, together with natural ingredients that provide long-lasting energy benefits, are increasing demand for sports and fitness nutrition foods & beverages.

Asia Pacific is expected to hold the leading position, followed by North America, and Europe during the forecast period due to the presence of a significant number of sports and fitness nutrition foods & beverages industry companies and the high widespread adoption due to government measures that enhance this industry in this region. In Asia Pacific, the growth of digital infrastructure in emerging markets such as India and China presented significant potential for online platforms to increase sales.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Global Sports and Fitness Nutrition Foods and Beverages Market

Report ID: UCMIG30I2314 | Region: Global | Published Date: April, 2024 | Pages: 165 | Tables: Figures:

Baking Enzymes Market
Buy Now GET FREE SAMPLE
Global Sports and Fitness Nutrition Foods and Beverages Market

Report ID: UCMIG30I2180 | Region: Global | Published Date: April, 2024 | Pages: 165 | Tables: Figures:

Fruit Beverages Market
Buy Now GET FREE SAMPLE
Global Sports and Fitness Nutrition Foods and Beverages Market

Report ID: SQMIG30I2263 | Region: Global | Published Date: April, 2024 | Pages: 198 | Tables: 64 | Figures: 75

Global Natural Sweeteners Market
Buy Now GET FREE SAMPLE
Global Sports and Fitness Nutrition Foods and Beverages Market

Report ID: SQMIR30I2400 | Region: Regional | Published Date: April, 2024 | Pages: 157 | Tables: 98 | Figures: 76

North America Chocolate Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Sports and Fitness Nutrition Foods and Beverages Market

Product ID: SQMIG30I2157

$5,300
BUY NOW GET FREE SAMPLE