Sports supplements are a type of dietary supplement that is consumed to enhance athletic performance. These supplements include vitamins, minerals, amino acids, herbs, proteins, etc.
Sports supplements are available in several forms such as capsules, powder, drinks, and others
North America is the largest sports supplements market globally, followed by Europe, and the Asia Pacific. However, the Asia Pacific region is expected to witness significant growth in the coming years.
With a rise in disposable income, improvement of living standards, and economic growth, demand for sports supplement is increasing in the Asia Pacific region
Increasing demand for sports supplements and growing income levels are the major factors driving the demand for sports supplements across geographies
Major players operating in the sports supplements market are focusing on the organic and natural ingredient in order to cater to the increased demand
The rise in consumer demand for organic/natural products and the desire of manufacturers to replace synthetic, non-organic ingredients with natural variants are gaining significant popularity in the global market
The rising popularity of organic sports supplements among millennials has increased the demand for these supplements as they can easily be consumed and will have fewer side effects
However, the side effects of sports supplements vary with the type of products. These products can cause rapid heartbeat, insomnia, nervousness, irritability, among other potentially serious health problems. These factors are expected to restrain market growth.
The global sports supplements market has been segmented based on form, category, type, end-user, distribution channel, and region
Growing awareness about health and active lifestyle is leading to increased participation in sports and other fitness activities which in turn is resulting in an increase in demand for sports supplement in the global market
Form: Powder [Below 250 gm, 250- 500 gm, 1000 gm and above], Capsules [Pack of 60, Pack of 120, Pack of 250, others], Soft gels [Pack of 60, Pack of 120, Pack of 250, others], Tablets [Pack of 60, Pack of 120, Pack of 250, Others], Liquid, Energy Bar, Others [Tinctures, Gummies, etc.]
Based on category, the global sports supplements market has been segregated into sports drink, protein supplements, Creatine, performance-enhancing supplements
Based on type, the global sports supplements market has been segregated into organic/natural, and synthetic
Based on end-user, the global sports supplements market has been divided into men and women
In terms of distribution channel, the global sports supplements market has been bifurcated into online and offline. The online segment has been sub-divided into the company websites and e-Commerce websites. The offline segment has been sub-divided into hypermarkets/submarkets, brand stores, and multi-brand stores.
Based on region, the global sports supplements market has been divided into North America (U.S., Canada, and Rest of North America), Europe (U.K., Italy, France, Germany, and Rest of Europe), Asia Pacific (India, China, Japan, Australia and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest of the Middle East & Africa), and South America (Brazil, and Rest of South America)
The sports supplements market is fragmented due to the presence of several players. Competition is expected to intensify in the near future with the entry of several local players. Key companies profiled in the research report include Abbott Laboratories, Evlution Nutrition, Glanbia Plc, GNC Holdings, Inc., Herbalife International, Inc., Natural Alternatives International, Inc., Post Holdings, Inc., Reliv International, Inc., the Coca-Cola Company, the Gatorade Company, Inc.