North America B2b Sports Nutrition Market Size & Outlook
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North America b2b sports nutrition market highlights
- The North America b2b sports nutrition market generated a revenue of USD 1,988.9 million in 2021.
- The market is expected to grow at a CAGR of 9.5% from 2022 to 2028.
- In terms of segment, gyms was the largest revenue generating distribution channel in 2021.
- Fitness studios is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 1,988.9 million |
| Market revenue in 2028 | USD 3,765.2 million |
| Growth rate | 9.5% (CAGR from 2021 to 2028) |
| Largest segment | Gyms |
| Fastest growing segment | Fitness studios |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gyms, Fitness studios, Sports academies |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, PepsiCo Inc, MusclePharm Corp, Post Holdings Inc, Herbalife Ltd, GNC, The Bountiful Company, Clif Bar, Science in Sport, Iovate Health Sciences International |
Other key industry trends
- In terms of revenue, North America region accounted for 64.3% of the global b2b sports nutrition market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Europe is the fastest growing regional market and is projected to reach USD 1,125.3 million by 2028.
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B2B Sports Nutrition Market Scope
B2B Sports Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Iovate Health Sciences International | View profile | 251-500 | Oakville, Ontario, Canada, North America | http://www.iovate.com/ |
| Science in Sport | View profile | 251-500 | London, England, United Kingdom, Europe | https://www.scienceinsport.com/au/ |
| Clif Bar | View profile | 1001-5000 | Emeryville, California, United States, North America | http://www.clifbar.com |
| The Bountiful Company | View profile | 1001-5000 | Bohemia, New York, United States, North America | https://www.bountifulcompany.com/ |
| GNC | View profile | 1-10 | Port Washington, New York, United States, North America | https://www.gncny.com/ |
| Herbalife Ltd | View profile | 9200 | Ugland House, South Church Street, P.O. Box 309GT, Grand Cayman, Cayman Islands, KY1-1104 | https://www.herbalife.com |
| Post Holdings Inc | View profile | 11430 | 2503 South Hanley Road, St. Louis, MO, United States, 63144 | https://www.postholdings.com |
| MusclePharm Corp | View profile | 21 | 6728 W. Sunset Road, Suite 130, Las Vegas, NV, United States, 89118 | https://www.musclepharmcorp.com |
| PepsiCo Inc | View profile | 318000 | 700 Anderson Hill Road, Purchase, NY, United States, 10577 | https://www.pepsico.com |
| Glanbia PLC | View profile | 5534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | https://www.glanbia.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
North America b2b sports nutrition market outlook
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 b2b sports nutrition market will help companies and investors design strategic landscapes.
Gyms was the largest segment with a revenue share of 67.84% in 2021. Horizon Databook has segmented the North America b2b sports nutrition market based on gyms, fitness studios, sports academies covering the revenue growth of each sub-segment from 2016 to 2028.
Rise in awareness about nutritional supplements in this region is boosting their demand in the market. Rise in the number of government initiatives promoting sports-related activities is another significant factor driving the adoption of these products in this region.
For example, President Council on Sports, Fitness and Nutrition promotes projects and activities to increase interest in sports among the general population. Advancements in allied industries are also positively impacting market growth.
Presence of both small and established players increase the availability of products in the market, thereby boosting the penetration of nutritional products in this region. The sudden outbreak of COVID-19 significantly transformed fitness regimes, impacting gyms, infrastructure, and lifestyle in terms of health & fitness.
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Our clientele includes a mix of b2b sports nutrition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America b2b sports nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into North America b2b sports nutrition market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America b2b sports nutrition market size, by country, 2016-2028 (US$M)
North America B2B Sports Nutrition Market Outlook Share, 2021 & 2028 (US$M)
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