Middle East & Africa Sports Nutrition Market Size & Outlook
Middle East & Africa sports nutrition market, 2018-2030 (US$M)
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MEA sports nutrition market highlights
- The MEA sports nutrition market generated a revenue of USD 1,202.8 million in 2023.
- The market is expected to grow at a CAGR of 8.4% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,202.8 million |
| Market revenue in 2030 | USD 2,111.1 million |
| Growth rate | 8.4% (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, MEA region accounted for 2.7% 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 |
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Middle East & Africa 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 22.46% in 2023. Horizon Databook has segmented the Middle East & Africa 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 health consciousness, expanding distribution network for sports nutrition products, increasing trend of self-medication, and rapid entry of new brands are among the major factors propelling revenue growth in MEA sports nutrition market.
There are growth opportunities for manufacturers of sports nutrition supplements in the region due to willingness of consumers to purchase products that enhance performance in sports activities. South Africa sports nutrition market continues to be the largest market in MEA owing to the presence of well-established companies in the country.
Moreover, demand for sports nutrition products is majorly from high-income consumers willing to buy sports supplements despite moderate economic growth in the country. According to Mintel Global New Product Database, launch of products that claim high and added protein content has increased by 140% between 2013 and 2018 in MEA.
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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 continent-level data and insights on the Middle East & Africa sports nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA sports nutrition market size, by country, 2018-2030 (US$M)
Middle East & Africa Sports Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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