Germany B2b Sports Nutrition Market Size & Outlook
Germany b2b sports nutrition market, 2016-2028 (US$M)
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Germany b2b sports nutrition market highlights
- The Germany b2b sports nutrition market generated a revenue of USD 69.8 million in 2021 and is expected to reach USD 166.7 million by 2028.
- The Germany market is expected to grow at a CAGR of 13.2% 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 69.8 million |
| Market revenue in 2028 | USD 166.7 million |
| Growth rate | 13.2% (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, Germany 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 Europe, UK b2b sports nutrition market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 116.7 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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Germany 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 70.63% in 2021. Horizon Databook has segmented the Germany b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Increasing R&D expenditure on food technology projects and rising number of acquisitions & expansions by B2B sports nutrition manufacturers are among key factors expected to boost market share of Germany. Several international manufacturers are aiming at expanding their footprint in the market.
Some of the key B2B sports nutrition manufacturers in Germany are Glanbia plc; PepsiCo, Inc.; Muscle Pharm Corp.; and Abbott Nutrition. Increasing adoption of vegan products is further boosting market growth in Germany.
In addition, there has been significant growth in sales of plant-based products, which meet all vegan requirements, by distinct brands in B2B sports nutrition market in the country. Some of the most commonly available vegan products in the country are protein powder and RTD protein products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Germany b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Germany B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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