Germany Sports Nutrition Market Size & Outlook, 2023-2030
Germany sports nutrition market, 2018-2030 (US$M)
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Germany sports nutrition market highlights
- The Germany sports nutrition market generated a revenue of USD 1,086.0 million in 2023 and is expected to reach USD 1,924.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.5% 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.
Sports nutrition market data book summary
| Market revenue in 2023 | USD 1,086.0 million |
| Market revenue in 2030 | USD 1,924.6 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Sports supplements |
| 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 |
Other key industry trends
- In terms of revenue, Germany accounted for 2.4% of the global sports nutrition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK sports nutrition market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,572.7 million by 2030.
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Sports Nutrition Market Scope
Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 54.76% in 2023. Horizon Databook has segmented the Germany 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.
Increasing R&D expenditure on food technology projects and rising number of acquisitions & expansions by sports nutrition manufacturers are among key factors expected to boost the market share of Germany. Several international manufacturers are aiming at expanding their footprints in the country.
Some of the key sports nutrition manufacturers in Germany are Glanbia plc; PepsiCo, Inc.; MusclePharm Corp.; and Abbott Nutrition. Increasing adoption of vegan products is further boosting market growth in Germany. In addition, there has been significant growth in sales of plant-based products, which meet all vegan requirements, by distinct brands in sports nutrition market in the country.
Some of the most commonly available vegan products in the country are protein powder and RTD protein products. Moreover, growing awareness about benefits of protein consumption and healthy lifestyle has significantly increased adoption of sports nutrition products, propelling market growth.
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Our clientele includes a mix of sports nutrition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Germany sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany sports nutrition market size, by product, 2018-2030 (US$M)
Germany Sports Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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