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

The bodybuilding supplements market has experienced significant growth over the past decade with more individuals focusing on physical fitness and wanting to gain muscle mass or lose weight, the demand for bodybuilding supplements that enhance workout recovery, boost energy levels, and promote muscle growth has risen considerably. The global bodybuilding supplements market consists of a range of dietary supplements specifically tailored for individuals engaged in bodybuilding, strength training, and athletics. These supplements are designed to enhance muscle gain, improve performance, reduce recovery times, and aid in fat loss. The product type is segmented as protein supplements, creatine, BCAAs, glutamine, omega-3 and other ingredients have become very popular among gym enthusiasts, Sports person and athletes. Supplement companies are constantly researching and developing new formulations utilizing the latest discoveries in sports nutrition to meet consumer needs. The market is expected to continue expanding as exercise trends evolve and awareness about nutrition increases globally.

Market Dynamics:

The global bodybuilding supplements market is driven by rising health consciousness among young adults, the growing popularity of physique-focused sports like CrossFit and strength training, extensive marketing by manufacturers promoting supplement use for aesthetic goals, and the wide availability of products through online platforms and specialty retailers. However, factors such as lack of product standardization, misinformation regarding dosage, and potential side effects of some ingredients act as restraints. The market sees opportunities for innovation in vegan, natural, and sustainable product lines that can appeal to a broader consumer group including women who prefer toning over aggressive mass gain. Innovation in delivery mechanisms like gummies and ready-to-drink options is another growth area. For instance, in September 2022, Abbott, the global healthcare company, announced the launch of Ensure with Hydroxymethylbutyrate (HMB), a science-based nutritional supplement formulated with 32 vital nutrients like high-quality protein, calcium, and vitamin D to help improve muscle and bone strength in India.

Key Features of the Study:

• This report provides an in-depth analysis of the global bodybuilding supplements market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global bodybuilding supplements market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Glanbia plc, Abbott, GSK, Amway, Nestlé S.A., MusclePharm., BA Sports Nutrition, CSN, AMCO Proteins, DYMATIZE ENTERPRISES, LLC., CytoSport Inc., Iovate Health Sciences International Inc, RSP Nutrition, GELITA AG, Hoogwegt., Mondelez International group., QuestNutrition & WorldPantry.com LLC., and The Bountiful Company
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global bodybuilding supplements market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bodybuilding supplements market

Detailed Segmentation:

• Global Bodybuilding Supplements Market, By Product Type
  • Protein Supplements
  • Pre-Workout Supplements
  • Creatine
  • BCAA Supplements
  • Fat Burners
  • Multivitamins
  • Others
• Global Bodybuilding Supplements Market, By Source Type
  • Animal-based
  • Plant-based
• Global Bodybuilding Supplements Market, By Age Group
  • Millennials
  • Generation Z
  • Baby Boomers
• Global Bodybuilding Supplements Market, By Form
  • Powder
  • Capsules
  • Tablets
  • Liquids
  • Softgels
  • Others
• Global Bodybuilding Supplements Market, By Distribution Channel
  • Supermarkets & Hypermarkets
  • E commerce and Online Stores
  • Drug stores and Pharmacies
  • SOthers
• Global Bodybuilding Supplements Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Top Companies in the Global Bodybuilding Supplements Market:
  • Glanbia plc.
  • Abbott
  • GSK
  • Amway
  • Nestlé S.A.
  • BA Sports Nutrition
  • CSN
  • AMCO Proteins
  • DYMATIZE ENTERPRISES, LLC.
  • CytoSport Inc.
  • Iovate Health Sciences International Inc
  • RSP Nutrition
  • GELITA AG
  • Mondelez International group.
  • QuestNutrition & WorldPantry.com LLC.
  • The Bountiful Company