Market revenue in 2023 | USD 3,914.6 million |
Market revenue in 2030 | USD 7,223.5 million |
Growth rate | 9.1% (CAGR from 2023 to 2030) |
Largest segment | Sports foods |
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 foods was the largest segment with a revenue share of 56.25% in 2023. Horizon Databook has segmented the India 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 consumption of sports nutrition products owing to rise in the number of health-conscious individuals in India is one of the major factors driving growth of sports nutrition market. The pandemic has resulted in a shift in focus from performance-based supplements to immunity and health-based supplements.
In line with this trend, sports nutrition companies are launching immunityboosting sports nutrition products. For instance, MuscleBlaze launched Biozyme Immunity Whey to combine the benefits of immunity and sports nutrition in one product. International players are launching sports nutrition supplements in the Indian market owing to high growth potential and to expand their presence in the country.
For instance, in 2017, Eric Favre a France-based nutritional supplement company launched a range of its sports nutrition products in the country. The company has also collaborated with Hype Gym in Gurugram, Faridabad, & Delhi and launched its own training academy.
Horizon Databook provides a detailed overview of country-level data and insights on the India sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into India sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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