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GLOBAL WORKOUT SUPPLEMENTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Workout Supplements Market, By Form (Powder, Capsule/Tablets, Ready to Drink), By Distribution Channel (Online, Offline), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Jan 2024
  • Code : CMI6531
  • Pages :172
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Regional Analysis

Global Workout Supplement Market- Regional Insights

  • North America is expected to be the largest market for workout supplement during the forecast period, accounting for over 35.7% of the market share in 2023. In North America, particularly in the U.S. and Canada, the market for workout supplement has been robust due to a fitness-conscious population. The emphasis on health and wellness, coupled with the widespread adoption of fitness trends and gym culture, has propelled the demand for various supplement including protein powders, pre-workout formulas, and amino acids.
  • Asia Pacific market is expected to be the second-largest market for workout supplement market, accounting for over 25.2% of the market share in 2023. In the Asia Pacific region, countries like China, India, Japan, and South Korea have witnessed a surge in the demand for workout supplement. The growing middle-class population, increasing disposable income, and changing lifestyles have led to a greater focus on fitness and health-conscious practices. Additionally, the rise of e-commerce platforms has made these supplement more accessible to a broader consumer base.
  • Europe market is expected to be the fastest-growing market for workout supplement market, with a share of 19.0% during the forecast period. In Europe, countries such as the U.K., Germany, France, and Italy have experienced steady growth in the workout supplement market. Similar to North America, there is a rising trend of fitness awareness and a shift towards healthier lifestyles among consumers. The market’s growth is further fueled by innovative product launches, marketing strategies, and collaborations between manufacturers and fitness influencers or athletes.

Figure 1. Global Workout Supplement Market Share (%), By Region, 2023

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