Market revenue in 2023 | USD 10,225.3 million |
Market revenue in 2030 | USD 15,363.3 million |
Growth rate | 6% (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 54.33% in 2023. Horizon Databook has segmented the U.S. 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 trend of self-diagnosis and increasing number of health conscious people in the U.S. are factors expected to boost demand for these supplements for treating various vitamin & mineral deficiencies. In addition, companies are focused on targeting consumers based on label claims and certifications.
For instance, in 2018, NOW Sports collaborated with Informed Sports a third-party certification provider for detecting presence of any banned substances in its products. Such certifications help companies build consumer trust and improve brand reputation. Increasing number of new product launches in sports supplements category also indicates that there is high demand for these products.
For instance, in 2017, Momentous, a sports nutrition company, introduced NSGcertified protein powders RedShift, AbsoluteZero, and ArcFire. Rising popularity of sports drinks compared to RTM sports products among athletes and individuals involved in vigorous physical activities is likely to drive sports drinks market in the U.S.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. sports nutrition market , including forecasts for subscribers. This country databook contains high-level insights into U.S. sports nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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