North America B2b Sports Nutrition Market Size & Outlook
North America b2b sports nutrition market, 2016-2028 (US$M)
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North America b2b sports nutrition market highlights
- The North America b2b sports nutrition market generated a revenue of USD 1,988.9 million in 2021.
- The market is expected to grow at a CAGR of 9.5% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 1,988.9 million |
| Market revenue in 2028 | USD 3,765.2 million |
| Growth rate | 9.5% (CAGR from 2021 to 2028) |
| Largest segment | Gyms |
| Fastest growing segment | Fitness studios |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 64.3% of the global b2b sports nutrition market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Europe is the fastest growing regional market and is projected to reach USD 1,125.3 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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North America 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 67.84% in 2021. Horizon Databook has segmented the North America 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 awareness about nutritional supplements in this region is boosting their demand in the market. Rise in the number of government initiatives promoting sports-related activities is another significant factor driving the adoption of these products in this region.
For example, President Council on Sports, Fitness and Nutrition promotes projects and activities to increase interest in sports among the general population. Advancements in allied industries are also positively impacting market growth.
Presence of both small and established players increase the availability of products in the market, thereby boosting the penetration of nutritional products in this region. The sudden outbreak of COVID-19 significantly transformed fitness regimes, impacting gyms, infrastructure, and lifestyle in terms of health & fitness.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America b2b sports nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into North America b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America b2b sports nutrition market size, by country, 2016-2028 (US$M)
North America B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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