About Fitness Supplements
Fitness supplements are taken to maintain a healthy and healthy lifestyle. These fitness supplements are especially taken by athletes. High disposable income is a factor that plays an important role in growing the fitness supplement market. The fitness supplements contain proteins, vitamins, which are taken for various purposes. Urbanization and the increased consumption of junk food, especially among teenagers, has led to an increase in obesity, which increases the demand for fitness supplements. The trend in the gym is increasing, which is the most important factor and driving sales of these fitness supplements. These fitness supplements have also been promoted by various social networking sites, increasing the number of consumers. With the increase in activities such as aerobics, dancing, yoga, women's awareness of staying strong and beautiful is increasing, which can boost the entire fitness supplement market.
Attributes | Details |
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Study Period | 2018-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing service, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fitness Supplements market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Glanbia Plc (Ireland), NBTY (United States), Transparent Labs (United States), Abbott Laboratories (United States), GlaxoSmithKline(GSK) (United Kingdom), Suppleform (United Kingdom), ABH Pharma Inc. (United States), Quest Nutrition (United States), CytoSport Inc. (United States), AMCO Proteins (United States), MusclePharm Corp (United States), NOW Foods (United States), Iovate Health Sciences International Inc. (Canada) and Red Bull (Austria) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Monster Beverage (United States), Glanbia Group (United States), GNC Holdings (United States), Makers Nutrition, LLC (United States) and Vitaco Health (New Zealand).
Segmentation Overview
AMA Research has segmented the market of Global Fitness Supplements market by Type (Protein Power, Creatine and Glutamine, Carbohydrates and Other), Application (Performance Enhancement, Weight Loss, Energy Boosting and Others) and Region.
On the basis of geography, the market of Fitness Supplements has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets and Hypermarkets will boost the Fitness Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Powder will boost the Fitness Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Fitness Supplements by the Geriatric Population, Rapid Surge in Demand for Fitness Supplement Products and Setup of Brand Awareness Campaign and Marketing Strategies by Leading Manufacturers
Market Growth Drivers:
Changing Lifestyles, Increasing Health Concerns, Increasing Health Awareness, Growing Self-Medication Behavior Among Consumers and Increasing Awareness Regarding Health and Nutrition
Challenges:
Security Threats May Hinder the Growth of the Market
Restraints:
High Cost of the Fitness Supplements
Opportunities:
Growing E-Commerce Industry is leading to Ease of Buying the Product and Rise In the Research and Development Activities
Key Target Audience
Manufacturers of Fitness Supplements, Suppliers and Distributors of Fitness Supplements, New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.