Market revenue in 2023 | USD 2,460.2 million |
Market revenue in 2030 | USD 4,156.0 million |
Growth rate | 7.8% (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 |
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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 supplements was the largest segment with a revenue share of 54.83% in 2023. Horizon Databook has segmented the Japan 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 risk of obesity and growing health & fitness awareness are some of the important factors driving Japanese sports nutrition market. Changing consumer lifestyle and food preferences is also propelling growth of sports nutrition products in Japan. For instance, Japanese women are increasingly preferring an athletic physique.
Moreover, COVID-19 pandemic has increased awareness about health, hygiene, and importance of supplements. Sports nutrition food and supplements are gaining popularity in the country, which is fueling market growth. As per a research study published by Yano Research Institute, the market in Japan registered a growth of 15.3% from 2016 to 2017.
Market players are tapping into niche product segments to gain competitive edge over others. In addition, there are growth opportunities in health drinks space. Sports drinks by Coca-Cola Company and other local brands, including Ito En, Suntory, and Yakult, are leading the market. Favorable government regulations are also promoting development of new products.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Japan sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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