2030 Outlook: Global Sports Nutrition Market

global sports nutrition market by 2030

Sports nutrition products are specialized nutrition products that are designed to boost performance and increase recovery speeds during and after sports activities such as athletics, workouts, or bodybuilding. Demand for these performance supplements extends to both professional and amateur athletes, as they help the user to accelerate muscle recovery and enhance the user's performance.

A report from Allied Market Research projects that the global sports nutrition market size is projected reach $67.9 billion by 2030, registering a CAGR of 5.4% through 2030. The report said: "These products are used before and after physical activity to provide energy during the activity and help recovery post it. The most commonly used forms of sports nutrition products are protein powders and sports drinks. Most sports nutrition products are made with ingredients to boost physical capabilities and energy absorption by the body to gain maximum output from the efforts undertaken by the consumer. Sports nutrition products that contain protein promote building of new muscles in bodybuilders and helps maintain lean muscles in athletes, while products containing minerals, electrolytes, carbohydrates, and other types of nutrients help provide, energy, hydration, and nutrition to the body. A mixture of a variety of sports nutrition products are used by athletes to gain the best possible output and to properly supplement their nutritional needs during strenuous workouts and physical activities." It continued: "Sports nutrition industry was severely negatively impacted by the pandemic owing to closure of gyms and fitness centers due to lockdowns. With people becoming more concerned regarding their health, use of natural and clean label products is likely to gain high traction. In the post COVID-19 scenario, a greater inclination toward health and fitness and reopening of gyms and fitness centers will further aid in market expansion." Active companies in the markets this week include Element Nutritional Sciences Inc. (OTCQB: ELNSF) (CSE: ELMT), Celsius Holdings, Inc., (NASDAQ: CELH), Under Armour, Inc. (NYSE: UA), The Coca-Cola Company (NYSE: KO), PepsiCo, Inc. (NASDAQ: PEP).

Allied Market Research concluded: "The use of organic ingredients in the production of sports nutrition products is gaining high traction in the market as consumers are becoming more concerned with the use of ingredients used in the products. Furthermore, increase in demand from casual consumers, which are not actively engaged in any strenuous physical activities, is further driving market expansion. Furthermore, availability of such products is becoming much easier through the use of online stores and delivery services, which is further aiding in sports nutrition market growth. The North America segment dominates the global Sports Nutrition market and is expected to retain its dominance throughout the forecast period."

Element Nutritional Sciences Inc. (OTCQB: ELNSF) (CSE: ELMT) BREAKING NEWS: Element Nutritional Sciences Partners with U.S. E-commerce Pioneer Tradefull - Tradefull to manage Element's logistics, shipping and marketplace solutions - Element Nutritional Sciences Inc. (FRANKFURT: 93X) (the "Company" or "Element"), today announced that it has partnered with Tradefull, a leading U.S. e-commerce and logistics pioneer, to provide best-in-class shipping and logistics to support Rejuvenate™ and Promino™ brand growth.

Tradefull will manage Rejuvenate™ and Promino™ direct-to-consumer operations on Shopify and Element's marketplace activity on leading e-commerce platforms. With warehouses in Ohio and Arizona, this partnership with Tradefull allows for expedited delivery to any customer in North America

Tradefull was founded in 2003 as an e-commerce retailer and was one of the first third-party sellers on Amazon. Since then, Tradefull has shipped millions of orders to both consumers and businesses. Tradefull's proprietary software helps companies optimize shipping and logistics, and they are a trusted partner to leading U.S. retailers like Pier 1, Modell's, Radio Shack, Mossy Oak and Bodybuilding.com.

"As we scale, it is imperative to partner with organizations that can help us provide a seamless experience to our customers. Our core competency lies in the development of the Rejuvenate™ and Promino™ brands, and Tradefull is equally adept at helping to get our products into consumers hands and manage leading e-commerce platforms," said Stuart Lowther, Chief Executive Officer.