South Africa B2b Sports Nutrition Market Size & Outlook
South Africa b2b sports nutrition market, 2016-2028 (US$M)
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South Africa b2b sports nutrition market highlights
- The South Africa b2b sports nutrition market generated a revenue of USD 9.5 million in 2021 and is expected to reach USD 14.5 million by 2028.
- The South Africa market is expected to grow at a CAGR of 6.3% 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 9.5 million |
| Market revenue in 2028 | USD 14.5 million |
| Growth rate | 6.3% (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, South Africa accounted for 0.3% 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 Middle East & Africa, UAE b2b sports nutrition market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 18.9 million by 2028.
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B2B Sports Nutrition Market Scope
B2B Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 72.63% in 2021. Horizon Databook has segmented the South Africa b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
The public health authorities in South Africa are actively spreading awareness about the importance of exercising or physical activities through various health campaigns. The government has been increasingly investing to provide free outdoor public gyms to increase access to fitness facilities.
Thus, increasing adoption of healthy lifestyle is expected to boost the demand for B2B sports nutrition products in the country. However, South Africa B2B sports nutrition market is expected to witness slow growth over the forecast period due to COVID-19 pandemic, economic downturn, and high prices of B2B sports nutrition products.
Ultimate B2B Sports Nutrition and Evox Ltd. are some of the significant players operating in the South Africa B2B sports nutrition market owing to their strong foothold in nutrition product categories, such as protein powders & sports protein bars, and strong online presence, which enables consumers to sign up on the website to order.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into South Africa b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa b2b sports nutrition market size, by distribution channel, 2016-2028 (US$M)
South Africa B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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