Europe Sports Nutrition Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Sports Drinks, Sports Food, Sports Supplements), By End User (Athletes, Bodybuilders, Recreational Users, Lifestyle Users), By Country (United Kingdom, Germany, Italy, France, Spain, the Netherlands, Rest of Europe), and Europe Sports Nutrition Market Insights, Industry Trend, Forecasts to 2032
Industry: Food & BeveragesEurope Sports Nutrition Market Insights Forecasts to 2032
- The Europe Sports Nutrition Market Size was valued at USD 5,492.07 Million in 2022.
- The Market Size is Growing at a CAGR of 8.9% from 2022 to 2032
- The Europe Sports Nutrition Market is expected to reach USD 12976.13 Million by 2032
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The Europe Sports Nutrition Market size was valued at USD 5,492.07 Million in 2022. The Europe Sports Nutrition Market Size is projected to exceed USD 12976.13 Million by 2032, Growing at a CAGR of 8.9% from 2022 to 2032.
Market Overview
The sports nutrition market is the industry that manufactures and sells nutritional supplements, food and beverages, and other products that are intended to improve athletic performance, shorten recovery times, and promote a healthy and active lifestyle. These products can contain protein, amino acids, vitamins, minerals, and other compounds thought to be beneficial to athletes and fitness enthusiasts. The market includes a diverse range of products, ranging from energy bars and shakes to protein powders and dietary supplements, and is being driven by global demand for health and wellness products. Major growth factors for the European sports nutrition market include rising consumption among non-athletes due to increased health awareness and rising launches of diverse products to meet rising consumer demands.
Report Coverage
This research report categorizes the market for Europe sports nutrition market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe sports nutrition market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe sports nutrition market.
Europe Sports Nutrition Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 5,492.07 Million |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 8.9% |
2032 Value Projection: | USD 12976.13 Million |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product Type, By End User, By Country and COVID-19 Impact Analysis |
Companies covered:: | PepsiCo Inc., Glanbia PLC, Abbott Nutrition, Nestle S.A., GNC Holdings Inc., Amway Corporation, The Vitamin Shoppe, Inc., The Nature's Bounty Co., Quest Nutrition, Dymatize Enterprises, Inc., NOW Foods and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
There is a growing awareness of the importance of maintaining a healthy lifestyle, which includes regular exercise and proper nutrition. This awareness has led to an increased interest in sports nutrition products among a wide range of consumers, from professional athletes to fitness enthusiasts and even casual gym-goers. Protein is a fundamental component of sports nutrition, and the demand for protein supplements has surged. Consumers are looking for convenient and effective ways to meet their daily protein requirements, especially in the form of protein shakes, bars, and other protein-rich products.
Restraining Factors
The sports nutrition market in Europe is subject to strict regulations, and there is a lack of uniformity in regulations across different European countries. Compliance with these regulations can be costly and time-consuming for manufacturers, potentially hindering product development and market entry. Some segments of the public still view sports nutrition supplements with skepticism. Concerns over the safety and efficacy of certain products, as well as reports of contamination or misuse, can create a negative public perception that impacts market growth.
Market Segment
The Europe Sports Nutrition Market share is segmented into Product Type and End User.
- The Sports Drinks segment is expected to hold a significant share of the Europe sports nutrition market during the forecast period.
The Europe sports nutrition market is divided by product type into Sports Drinks, Sports Food, Sports Supplements. Among these, the Sports Drinks segment is expected to hold a significant share of the Europe sports nutrition market during the forecast period. Sports drinks held a significant share of the European sports nutrition market, as they are widely consumed by athletes, fitness enthusiasts, and the general public. They have traditionally been a dominant category due to their appeal as a quick energy source and rehydration option.
- The athletes segment is expected to hold the largest share of the Europe sports nutrition market during the forecast period.
Based on the end user, the Europe sports nutrition market is classified into athletes, bodybuilders, recreational users, lifestyle users. Among these, the athletes segment is expected to hold the largest share of the Europe sports nutrition market during the forecast period. This segment includes professional and competitive athletes from various sports disciplines, including endurance athletes, team sports athletes, and strength athletes. They have specific nutritional needs to support their training, performance, and recovery.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Europe sports nutrition market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- PepsiCo Inc.
- Glanbia PLC
- Abbott Nutrition
- Nestle S.A.
- GNC Holdings Inc.
- Amway Corporation
- The Vitamin Shoppe, Inc.
- The Nature's Bounty Co.
- Quest Nutrition
- Dymatize Enterprises, Inc.
- NOW Foods
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the Europe Sports Nutrition Market based on the below-mentioned segments:
Europe Sports Nutrition Market, By Product Type
- Sports Drinks
- Sports Food
- Sports Supplements
Europe Sports Nutrition Market, By End User
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
Europe Sports Nutrition Market, By Country
- United Kingdom
- Germany
- Italy
- France
- Spain
- Netherlands
- Rest of Europe
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