Asia Pacific B2b Sports Nutrition Market Size & Outlook
Asia Pacific b2b sports nutrition market, 2016-2028 (US$M)
Related Markets
Asia Pacific b2b sports nutrition market highlights
- The Asia Pacific b2b sports nutrition market generated a revenue of USD 407.7 million in 2021.
- The market is expected to grow at a CAGR of 9.5% from 2022 to 2028.
- In terms of segment, gyms was the largest revenue generating distribution channel in 2021.
- Fitness studios is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2028.
Asia Pacific data book summary
| Market revenue in 2021 | USD 407.7 million |
| Market revenue in 2028 | USD 771.5 million |
| Growth rate | 9.5% (CAGR from 2021 to 2028) |
| Largest segment | Gyms |
| Fastest growing segment | Fitness studios |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gyms, Fitness studios, Sports academies |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, PepsiCo Inc, MusclePharm Corp, Post Holdings Inc, Herbalife Ltd, GNC, The Bountiful Company, Clif Bar, Science in Sport, Iovate Health Sciences International |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 13.2% of the global b2b sports nutrition market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Europe is the fastest growing regional market and is projected to reach USD 1,125.3 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
B2B Sports Nutrition Market Scope
B2B Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific b2b sports nutrition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to b2b sports nutrition market will help companies and investors design strategic landscapes.
Gyms was the largest segment with a revenue share of 72.46% in 2021. Horizon Databook has segmented the Asia Pacific b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Rising health consciousness along with growing awareness about health supplements are among the key factors driving the growth of B2B sports nutrition market in this region. A shift toward plant-based proteins including pea and rice protein can be observed owing to increasing trend of veganism & vegetarianism. Preference for Sports nutrition products differs across Asia.
For instance, Chinese consumers prefer products with low sugar content, whereas flavor and texture are crucial for Koreans. The increasing popularity of Sports nutrition products is creating opportunities for domestic players.
Moreover, improvements in digital infrastructure of emerging economies, such as India and China, are generating major opportunities for players invested in online platforms. Multinational companies are partnering with local players to increase their presence in this region.
Reasons to subscribe to Asia Pacific b2b sports nutrition market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific b2b sports nutrition market databook
-
Our clientele includes a mix of b2b sports nutrition market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific b2b sports nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific b2b sports nutrition market size, by country, 2016-2028 (US$M)
Asia Pacific B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
