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North America Sports Nutrition Market
No. of Pages: 147 | Report Code: BMIRE00027386 | Category: Consumer Goods
No. of Pages: 147 | Report Code: BMIRE00027386 | Category: Consumer Goods
The number of people participating in recreational sports, including high-impact sports such as tennis or soccer, is increasing in countries across North America. According to a study published by the National Federation of State High School Associations (NFHS), the participation of high school boys in soccer, wrestling, and tennis surged significantly in the US during 2018−2019. Also, according to the same study, in the country, sports participation at schools was at its peak for the first time in the past 30 years. According to a study published by Stanford Children’s Health in 2020, ~30 million children and teenagers participate in sports annually in the US. Nevertheless, sports are popular among people of all generations. Such an increase in participation in sports contributes to the growth of the sports nutrition market.
Moreover, with the growing criticality of wellness and mindfulness, fitness has become a more relevant goal for many people. Physical exercises increase cardiovascular fitness and boost overall health by developing a mechanism for coping with stress, anxiety, and depression. As a result, with a surge in the number of people going to gyms and fitness centers, the consumption of health supplements has increased in recent years. In addition, the rising cases of osteoporosis and low bone densities are encourage people to take health, diet, and fitness seriously. Musculoskeletal diseases are also the leading cause of years lived with disability (YLDs) across the region. Thus, owing to the increasing awareness of fitness and the growing prevalence of musculoskeletal disorders, osteoarthritis, and rheumatoid arthritis, the extending consumer base of sports nutrition—including athletes, bodybuilders, and non-athletes aspiring to adopt healthy lifestyles—drives the sports nutrition market growth.
The sports nutrition market in North America, by country, is segmented into the US, Canada, and Mexico. The US holds a significant share of the market. The country's market growth is primarily driven by the growing number of health clubs & fitness centers and emerging online fitness classes in the US and the increasing demand for flavored healthy drinks. Since 1983, each President of the US has proclaimed May as National Fitness and Sports Month to promote the importance of physical activity, fitness, and sport participation. During National Fitness and Sports Month, everyone can shed light on the importance of being physically active in maintaining the health and well-being of the nation. Such a significant number of initiatives by government are estimated to increase the awareness about sports nutrition, which would eventually drive the US sports nutrition market during the forecast period.
Strategic insights for the North America Sports Nutrition provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
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Market size in 2022 | US$ 20,244.66 Million |
Market Size by 2028 | US$ 32,947.90 Million |
Global CAGR (2022 - 2028) | 8.5% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
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The geographic scope of the North America Sports Nutrition refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America sports nutrition market is segmented on the basis of type, formulation, distribution channel, and country.
The market for the sports supplements segment is further segmented into protein supplements, vitamins, minerals, and others. Similarly, the market for the sports food segment is subsegmented into protein bars, energy bars, and energy gels. Further, the market for the sports drinks segment is further segmented into hypotonic, isotonic, and hypertonic.
Abbott; Clif Bar & Company.; Glanbia Plc; GNC Holdings Inc.; Lovate Health Sciences International Inc.; MusclePharm Corporation; PepsiCo Inc.; The Coca-Cola Company; and Yakult Honsha Co., Ltd. are among the leading companies operating in the North America sports nutrition market.
The North America Sports Nutrition Market is valued at US$ 20,244.66 Million in 2022, it is projected to reach US$ 32,947.90 Million by 2028.
As per our report North America Sports Nutrition Market, the market size is valued at US$ 20,244.66 Million in 2022, projecting it to reach US$ 32,947.90 Million by 2028. This translates to a CAGR of approximately 8.5% during the forecast period.
The North America Sports Nutrition Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Sports Nutrition Market report:
The North America Sports Nutrition Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Sports Nutrition Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Sports Nutrition Market value chain can benefit from the information contained in a comprehensive market report.