Italy B2b Sports Nutrition Market Size & Outlook
Italy b2b sports nutrition market, 2016-2028 (US$M)
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Italy b2b sports nutrition market highlights
- The Italy b2b sports nutrition market generated a revenue of USD 49.0 million in 2021 and is expected to reach USD 98.1 million by 2028.
- The Italy market is expected to grow at a CAGR of 10.4% 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 49.0 million |
| Market revenue in 2028 | USD 98.1 million |
| Growth rate | 10.4% (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, Italy accounted for 1.6% 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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Italy 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 70.61% in 2021. Horizon Databook has segmented the Italy b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Although sales of Sports nutrition products declined in Italy due to COVID-19 lockdown, the adoption of sports supplements and drinks & food has increased due to rise in health awareness and growing awareness about advantages of these products, which is expected to contribute to the market growth in the coming years.
Consumers in Italy are aware about types of Sports nutrition products commercially available in the market. Earlier, consumers were focused on buying sports protein products for building muscle, but now they are aware about the efficacy of Sports nutrition products marked for energy, recovery, endurance, and strength.
This has led to an increase in demand for Sports nutrition products such as sports drinks, supplements & food, which in turn is expected to drive market growth. Based on the percentage of obese population, Italy ranks third among OECD countries.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Italy b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Italy B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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