Market revenue in 2023 | USD 5,045.9 million |
Market revenue in 2030 | USD 8,891.3 million |
Growth rate | 8.4% (CAGR from 2023 to 2030) |
Largest segment | Sports drinks |
Fastest growing segment | Sports Foods |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sports Supplements, Sports Drinks, Sports Foods, Meal Replacement Products, Weight Loss Product |
Key market players worldwide | Iovate Health Sciences International, Abbott Laboratories, Quest Nutrition, PepsiCo Inc, Mondelez International Inc Class A, The Coca-Cola Company, MusclePharm Corp, The Bountiful Company, Post Holdings Inc, Nestle SA |
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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 sports nutrition market will help companies and investors design strategic landscapes.
Sports drinks was the largest segment with a revenue share of 55.62% in 2023. Horizon Databook has segmented the China sports nutrition market based on sports supplements, sports drinks, sports foods, meal replacement products, weight loss product covering the revenue growth of each sub-segment from 2018 to 2030.
Growing trend of fitness in the country is a key factor driving the market growth. The government is also undertaking various initiatives to fulfill demands of sports nutrition products in the country. For instance, the government launched National Fitness Program and Healthy China in 2016.
National Fitness Program estimated that by 2020 about 700 million people will participate in physical activities at least once a week. Healthy China was introduced with an aim to increase the number of sports participants from 360 million in 2015 to 435 million in 2020.
Horizon Databook provides a detailed overview of country-level data and insights on the China sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into China sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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