Saudi Arabia Sports Nutrition Market Size & Outlook
Saudi Arabia sports nutrition market, 2018-2030 (US$M)
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Saudi Arabia sports nutrition market highlights
- The Saudi Arabia sports nutrition market generated a revenue of USD 333.7 million in 2023 and is expected to reach USD 580.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, sports drinks 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 333.7 million |
| Market revenue in 2030 | USD 580.7 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Sports drinks |
| 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, Saudi Arabia accounted for 0.7% 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 Middle East & Africa, Saudi Arabia sports nutrition market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 442.1 million by 2030.
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Sports Nutrition Market Scope
Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 drinks was the largest segment with a revenue share of 56.31% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
The sports nutrition market in Saudi Arabia is expected to witness CAGR of 8.6% in the coming years due to increase in government initiatives to support sports activities and presence of local distributors supplying sports nutrition products in the country.
The Saudi Arabian government is taking various efforts to encourage people to participate in sports activities, which is expected to boost the market over the forecast period. As per Vision 2030, healthy lifestyle is being promoted in the country, aiming at increasing the percentage of people exercising at least once in a week from 13.0% to 40.0% of the overall population.
However, the ongoing COVID-19 pandemic is hindering sales of sport nutrition products in the country owing to nationwide lockdown measures undertaken by the government, leading to closure of gyms & retail outlets and shifting consumer preference toward healthy products catering to general wellness.
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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 Saudi Arabia sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia sports nutrition market size, by product, 2018-2030 (US$M)
Saudi Arabia Sports Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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