Market revenue in 2021 | USD 10.0 million |
Market revenue in 2028 | USD 18.9 million |
Growth rate | 9.5% (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 |
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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 73% in 2021. Horizon Databook has segmented the UAE b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
In the UAE, B2B sports nutrition products are gaining popularity owing to increased focus of individuals on appearance and health. Celebrities and sports trainers in the country are encouraging the people to exercise to look more attractive.
Moreover, a large proportion of the people in the country believes in being fit and healthy while they age. sports nutrition products help consumers to achieve their fitness goals, which is expected to aid in market growth. Thus, the demand for B2B sports nutrition products is rapidly increasing due to rising endorsements for sports brands by celebrities and their trainers.
In addition, the UAE government undertook various initiatives to end the review period to increase participation of residents in sports. This forms essential part of the UAE’s Vision 2021 plan that includes goals to win the Olympics and Paralympics. Increased participation of people in various sports has led to a rise in the demand for nutritional products across the country.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE b2b sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into UAE b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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