Japan B2b Sports Nutrition Market Size & Outlook
Japan b2b sports nutrition market, 2016-2028 (US$M)
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Japan b2b sports nutrition market highlights
- The Japan b2b sports nutrition market generated a revenue of USD 73.0 million in 2021 and is expected to reach USD 116.3 million by 2028.
- The Japan market is expected to grow at a CAGR of 6.9% 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 73.0 million |
| Market revenue in 2028 | USD 116.3 million |
| Growth rate | 6.9% (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, Japan accounted for 2.4% 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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Japan 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 72.33% in 2021. Horizon Databook has segmented the Japan b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Various factors such as increasing risk of obesity and growing health & fitness awareness among consumers are some of the important factors driving the B2B sports nutrition market in this country. Changing consumer lifestyle and food preferences is also propelling the growth of Sports nutrition products in Japan.
For instance, women are increasingly preferring an athletic physique in Japan. Moreover, the spread of COVID-19 pandemic has increased awareness about health, hygiene, and importance of supplements. B2B Sports nutrition food and supplements are increasingly gaining popularity in the country, which in turn is fueling the market growth.
Market players are tapping into niche product segment to gain competitive edge over others. In addition, there are growth opportunities in health drinks space. Sports drinks by Coca-Cola Company and other local brands including Ito En, Suntory, and Yakult are leading the market.
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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 Japan b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Japan b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Japan b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
Japan B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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