Europe Sports Nutrition Market Size & Outlook, 2023-2030
Europe sports nutrition market, 2018-2030 (US$M)
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Europe sports nutrition market highlights
- The Europe sports nutrition market generated a revenue of USD 8,105.2 million in 2023.
- The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, sports supplements was the largest revenue generating product in 2023.
- Sports Foods is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 8,105.2 million |
| Market revenue in 2030 | USD 13,125.6 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Sports supplements |
| Fastest growing segment | Sports Foods |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 17.9% of the global sports nutrition market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 12,622.2 million by 2030.
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Sports Nutrition Market Scope
Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 sports nutrition market will help companies and investors design strategic landscapes.
Sports supplements was the largest segment with a revenue share of 55.05% in 2023. Horizon Databook has segmented the Europe 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.
Europe sports nutrition market is anticipated to grow at the highest rate during the forecast period. This can be attributed to increasing awareness about healthy lifestyle. New product launches and increase in marketing & promotional activities by manufacturers are also some of the factors expected to contribute to growth of sports nutrition market during the forecast period.
Increase in the number of athletes in Europe and high demand for supplements are expected to drive market growth. In addition, many companies in this region offer sports supplements through online channels. Conventionally, these products were only used by sportspersons.
According to the European Specialist Sports Nutrition Alliance (ESSNA), sales of sports nutrition products declined in Europe owing to the COVID-19 pandemic. Moreover, many stakeholders in European sports nutrition industry witnessed challenges related to transportation and raw material delivery.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sports nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe sports nutrition market size, by country, 2018-2030 (US$M)
Europe Sports Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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