China B2b Sports Nutrition Market Size & Outlook
China b2b sports nutrition market, 2016-2028 (US$M)
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China b2b sports nutrition market highlights
- The China b2b sports nutrition market generated a revenue of USD 70.3 million in 2021 and is expected to reach USD 146.0 million by 2028.
- The China market is expected to grow at a CAGR of 11% 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 70.3 million |
| Market revenue in 2028 | USD 146.0 million |
| Growth rate | 11% (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, China accounted for 2.3% 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 Asia Pacific, China b2b sports nutrition market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 146.0 million by 2028.
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B2B Sports Nutrition Market Scope
B2B Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 72.4% in 2021. Horizon Databook has segmented the China b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Growing trend of fitness in the country is a key factor driving the market growth. The government is also introducing various initiatives to support the demand for Sports nutrition products in the country. For instance, the government launched National Fitness Program and Healthy China in 2016.
Online sales channel for B2B sports nutrition supplements is growing in China owing to logistical efficiency, relaxed regulations, and availability of various e-payment methods, thereby fueling demand for these products.
While addressing the International B2B Sports Nutrition Industry Insights Seminar 2018, the general manager of Nutrition Depot China—a global distributer of Sports nutrition products—mentioned that e-commerce channel accounted for about 70% to 80% of China’s Sports nutrition products sales.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into China b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
China B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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