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Sports Nutrition Ingredients Market Size

  • Report ID: GMI5328
  • Published Date: Feb 2023
  • Report Format: PDF

Sports Nutrition Ingredients Market Size

Sports Nutrition Ingredients Market size crossed USD 3.5 billion in 2022 and is anticipated to exhibit a 7.5% CAGR from 2023 to 2032. Driven by the increasing demand for dietary supplements due to changing lifestyles and product innovations.

 

Growing prevalence of obesity across the globe is elevating consumer awareness about healthy eating and the benefits of dietary supplements. The dietary changes resulting from these factors are creating a strong demand for nutritional food and food ingredients. and presenting a strong impetus for the industry growth. In countries such as China, where obesity is becoming a major public health issue, the need for effective nutrition has never been higher. As per the World Food Programme, over 150 million people in China are malnourished, with more than 25% being overweight, which presents a major growth opportunity for the market.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

In 2022, the global market crossed a valuation of USD 3.5 billion, driven by increasing demand for dietary supplements due to evolving lifestyles, the market is expected to witness over 7.5% CAGR from 2023 to 2032.

Some major sports nutrition ingredients suppliers include BI Nutraceuticals (Martin Bauer), BASF SE, Ingredion, Cargill, Aurobindo Pharma, ADM, DSM NV, and Tate & Lyle, among others.

The probiotics segment is set to expand at a CAGR of 8.5% through 2032, propelled by the growing consumption of probiotics on account of their digestive health benefits.

The market share for sports nutrition ingredients in North America is expected to cross USD 2.5 billion by 2032, owing to increasing prevalence of micronutrient deficiency due to unhealthy eating habits in the region.

Sports Nutrition Ingredients Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 1426
  • Countries covered: 24
  • Pages: 1100
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