Canada B2b Sports Nutrition Market Size & Outlook
Canada b2b sports nutrition market, 2016-2028 (US$M)
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Canada b2b sports nutrition market highlights
- The Canada b2b sports nutrition market generated a revenue of USD 241.3 million in 2021 and is expected to reach USD 586.6 million by 2028.
- The Canada market is expected to grow at a CAGR of 13.5% 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.
B2b sports nutrition market data book summary
| Market revenue in 2021 | USD 241.3 million |
| Market revenue in 2028 | USD 586.6 million |
| Growth rate | 13.5% (CAGR from 2021 to 2028) |
| Largest segment | Gyms |
| Fastest growing segment | Fitness studios |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Canada accounted for 7.8% of the global b2b sports nutrition market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. b2b sports nutrition market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 586.6 million by 2028.
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B2B Sports Nutrition Market Scope
B2B Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 70.58% in 2021. Horizon Databook has segmented the Canada b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Rise in the demand for innovative, effective, novel, and proven ingredients, which aid in increasing endurance and building muscle, are expected to in turn drive demand for Sports nutrition products in Canada. Early adoption of B2B sports nutrition in the country was observed by bodybuilders and athletes.
B2B Sports nutrition companies in the country are targeting the growing number of consumers of lifestyle category (mainly young, affluent consumers who invest heavily in fitness as a fundamental aspect of healthy, high-performance lifestyle) and recreational users (athletes and gym goers).
Various B2B sports nutrition manufacturers in the country are creating high demand for products such as sports drinks, supplements, and foods by making their products more accessible to a wide consumer group by selling the products through mass-market retail outlets such as supermarkets, convenience stores, and hypermarkets.
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Our clientele includes a mix of b2b sports nutrition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Canada b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Canada b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Canada B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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