The APAC sports nutrition market is expected to grow from US$ 9,560.23 million in 2022 to US$ 15,825.07 million by 2028. It is estimated to grow at a CAGR of 8.8% from 2022 to 2028.

Rise in Product Visibility to Offer Opportunities for Sport Nutrition Market during 2022–2028

Product visibility has increased with the growing focus of manufacturers on promoting their products at sports events. These events provide a beneficial platform for promoting and distributing sports nutrition products and spreading awareness of brands. In 2020, the Olympics set the stage for sports nutrition market players, with a spotlight on mental health. Moreover, many players focus on boosting their immunity to reduce sick days during training or tackle things such as pregame stress, and supplements can assist them in attaining these objectives. According to the secretary-general of the Indian Olympic Association, the synergy between Herbalife Nutrition, the Official Nutrition Partner of Team India, and the Indian Olympic Association creates a sporting platform that leverages science-based nutrition and expertise to optimize the performance and well-being of athletes. Thus, the rising focus of sports nutrition manufacturers on promoting their products at global events is projected to augment the market growth in the coming years. An increasing number of health clubs and fitness centers, along with the elevating number of members, would further accelerate the sports nutrition market growth during the forecast period.

Market Overview

APAC is the fastest-growing regional market for sports nutrition. The APAC sports nutrition market , based on country, is segmented into China, India, Japan, South Korea, Australia, and Rest of APAC. Japan dominated the market in 2022. The sport industry in Japan is witnessing massive developments and financial aid to promote the adoption and acceptance of sports nutrition. The adoption of sports nutrition products is rising by athletes owing to their advantages. With the long-awaited 2020 Olympics underway in Tokyo, Japan, sports nutrition was a top priority. New aspects in this area, such as mental health, are gaining attention as the industry sees the growth potential of the Japanese sport nutrition market. Market players adopt inorganic and organic growth strategies for market development in the country. For instance, in September 2020, Nippon Sangyo Suishin Kiko acquired Japanese sports nutrition brand DNS. A company controlled by investment partnerships managed by subsidiaries of Nippon Sangyo Suishin Kiko Ltd. completed the acquisition of sports nutrition brand DNS from DOME Corp. The Japanese takeover company will help DNS expand its customer base and product offerings, as well as improve its marketing strategies. In July 2021, The English Institute of Sport (EIS) and Yakult announced a new partnership as the company is named a Preferred Performance Nutrition Supplier to the high-performance sports institute. The organizations share a strong commitment to scientific research and will collaborate further with research and insights into the gut microbiota, as well as enhancing education and awareness around the importance of gut health. In June 2022, Yakult Danone India won the “Probiotic Product Company of the Year” award. Thus, increasing product developments and strategic initiatives by market players are expected to drive the sports nutrition market in APAC during the forecast period.

APAC Sports Nutrition Market Revenue and Forecast to 2028 (US$ Million)

APAC Sports Nutrition Market Segmentation

The APAC sports nutrition market is segmented based on type, formulation, distribution channel, and country.

Based on type, the APAC sports nutrition market is segmented into sports supplements, sports food, sports drinks, and others. The sports supplements segment held the largest market share in 2022. The sports supplements segment is further segmented into protein supplements, vitamins, minerals, and others. Similarly, sports food segment is categorized into protein bars, energy bars, and energy gels. Further, sports drinks segment is categorized into hypotonic, isotonic, and hypertonic. Based on formulation, the APAC sports nutrition market is segmented into powder, tablets, capsules, and others. The powder segment held the largest market share in 2022. lBased on distribution channel, the APAC sports nutrition market is segmented into convenience stores, supermarkets and hypermarkets, specialty stores, and others. The convenience stores segment held the largest market share in 2022. Based on country, the APAC sports nutrition market has been categorized into China, India, Japan, South Korea, Australia, and rest of APAC. Our regional analysis states that Japan dominated the market in 2022.

Abbott; Clif Bar & Company.; Glanbia Plc; GNC Holdings Inc.; Lovate Health Sciences International Inc.; MusclePharm Corporation; PepsiCo Inc.; The Coca-Cola Company; and Yakult Honsha Co., Ltd. are the leading companies operating in the APAC sports nutrition market.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Sports Nutrition Market – By Type
1.3.2 APAC Sports Nutrition Market – By Formulation
1.3.3 APAC Sports Nutrition Market – By Distribution Channel
1.3.4 APAC Sports Nutrition Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Sports Nutrition Market – Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Experts Opinion
5. APAC Sports Nutrition Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Obesity
5.1.2 Rising Consumer Base of Sports Nutrition
5.2 Market Restraints
5.2.1 Availability of Adulterated Sports Nutrition Products
5.3 Market Opportunities
5.3.1 Rise in Product Visibility
5.4 Future Trends
5.4.1 Surge in Availability of Plant-Based Nutrition Products
5.5 Impact Analysis
6. Sports Nutrition Market– APAC Analysis
6.1 APAC Sports Nutrition Market Revenue Forecast and Analysis
7. APAC Sports Nutrients Market Analysis – By Type
7.1 Overview
7.2 APAC Sports Nutrients Market, By Type 2022 & 2028 (%)
7.3 Sports Supplements
7.3.1 Overview
7.3.2 Sports Supplements Market Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Protein Supplements
7.3.3.1 Overview
7.3.3.2 Protein Supplements Market Revenue and Forecast to 2028 (US$ Mn)
7.3.4 Vitamins
7.3.4.1 Overview
7.3.4.2 Vitamins Market Revenue and Forecast to 2028 (US$ Mn)
7.3.5 Minerals
7.3.5.1 Overview
7.3.5.2 Minerals Market Revenue and Forecast to 2028 (US$ Mn)
7.3.6 Others
7.3.6.1 Overview
7.3.6.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Sports Food
7.4.1 Overview
7.4.2 Sports Food Market Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Protein Bars
7.4.3.1 Overview
7.4.3.2 Protein Bars Market Revenue and Forecast to 2028 (US$ Mn)
7.4.4 Energy Bars
7.4.4.1 Overview
7.4.4.2 Energy Bars Market Revenue and Forecast to 2028 (US$ Mn)
7.4.5 Energy Gels
7.4.5.1 Overview
7.4.5.2 Energy Gels Market Revenue and Forecast to 2028 (US$ Mn)
7.5 Sports Drinks
7.5.1 Overview
7.5.2 Sports Drinks Market Revenue and Forecast to 2028 (US$ Mn)
7.5.3 Hypotonic
7.5.3.1 Overview
7.5.3.2 Hypotonic Market Revenue and Forecast to 2028 (US$ Mn)
7.5.4 Isotonic
7.5.4.1 Overview
7.5.4.2 Isotonic Market Revenue and Forecast to 2028 (US$ Mn)
7.5.5 Hypertonic
7.5.5.1 Overview
7.5.5.2 Hypertonic Market Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
8. APAC Sports Nutrients Market Analysis – By Formulation
8.1 Overview
8.2 APAC Sports Nutrients Market, By Formulation 2022 & 2028 (%)
8.3 Powder
8.3.1 Overview
8.3.2 Powder Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Tablets
8.4.1 Overview
8.4.2 Tablets Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Capsules
8.5.1 Overview
8.5.2 Capsules Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
9. APAC Sports Nutrients Market Analysis – By Distribution Channel
9.1 Overview
9.2 APAC Sports Nutrients Market, By Distribution Channel 2022 & 2028 (%)
9.3 Convenience Stores
9.3.1 Overview
9.3.2 Convenience Stores Market Revenue and Forecasts To 2028 (US$ MN)
9.4 Supermarkets/Hypermarkets
9.4.1 Overview
9.4.2 Supermarkets/Hypermarkets Market Revenue and Forecasts To 2028 (US$ MN)
9.5 Specialty Stores
9.5.1 Overview
9.5.2 Specialty Stores Market Revenue and Forecasts To 2028 (US$ MN)
9.6 Others
9.6.1 Overview
9.6.2 Others Revenue and Forecasts To 2028 (US$ MN)
10. APAC Sports Nutrition Market Analysis – Country Analysis
10.1 APAC Sports Nutrition Market Revenue and Forecasts To 2028
10.1.1 Overview
10.1.2 APAC: Sports Nutrition Market, by Country, 2022 & 2028 (%)
10.1.2.1 Japan: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Japan: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.1.3 Japan: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.1.3.1 Japan: Sports Nutrition Market, by Sports Supplements, 2019–2028 (US$ Million)
10.1.2.1.3.2 Japan: Sports Nutrition Market, by Sports Food, 2019–2028 (US$ Million)
10.1.2.1.3.3 Japan: Sports Nutrition Market, by Sports Drinks, 2019–2028 (US$ Million)
10.1.2.1.4 Japan: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
10.1.2.1.5 Japan: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2 China: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 China: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.2.3 China: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.2.3.1 China: Sports Nutrition Market, by Sports Supplements, 2019–2028 (US$ Million)
10.1.2.2.3.2 China: Sports Nutrition Market, by Sports Food, 2019–2028 (US$ Million)
10.1.2.2.3.3 China: Sports Nutrition Market, by Sports Drinks, 2019–2028 (US$ Million)
10.1.2.2.4 China: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
10.1.2.2.5 China: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3 India Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 India: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.3.3 India: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.3.3.1 India: Sports Nutrition Market, by Sports Supplements, 2019–2028 (US$ Million)
10.1.2.3.3.2 India: Sports Nutrition Market, by Sports Food, 2019–2028 (US$ Million)
10.1.2.3.3.3 India: Sports Nutrition Market, by Sports Drinks, 2019–2028 (US$ Million)
10.1.2.3.4 India: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
10.1.2.3.5 India: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
10.1.2.4 South Korea: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 South Korea: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.4.3 South Korea: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.4.3.1 South Korea: Sports Nutrition Market, by Sports Supplements, 2019–2028 (US$ Million)
10.1.2.4.3.2 South Korea: Sports Nutrition Market, by Sports Food, 2019–2028 (US$ Million)
10.1.2.4.3.3 South Korea: Sports Nutrition Market, by Sports Drinks, 2019–2028 (US$ Million)
10.1.2.4.4 South Korea: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
10.1.2.4.5 South Korea: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
10.1.2.5 Australia: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.5.1 Overview
10.1.2.5.2 Australia: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.5.3 Australia: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.5.3.1 Australia: Sports Nutrition Market, by Sports Supplements, 2019–2028 (US$ Million)
10.1.2.5.3.2 Australia: Sports Nutrition Market, by Sports Food, 2019–2028 (US$ Million)
10.1.2.5.3.3 Australia: Sports Nutrition Market, by Sports Drinks, 2019–2028 (US$ Million)
10.1.2.5.4 Australia: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
10.1.2.5.5 Australia: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6 Rest of APAC: Sports Nutrition Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of APAC: Sports Nutrition Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.3 Rest of APAC: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.6.3.1 Rest of APAC: Sports Nutrition Market, by Sports Supplements, 2019–2028 (US$ Million)
10.1.2.6.3.2 Rest of APAC: Sports Nutrition Market, by Sports Food, 2019–2028 (US$ Million)
10.1.2.6.3.3 Rest of APAC: Sports Nutrition Market, by Sports Drinks, 2019–2028 (US$ Million)
10.1.2.6.4 Rest of APAC: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
10.1.2.6.5 Rest of APAC: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
11. Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 Glanbia Plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 PepsiCo Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 The Coca-Cola Company
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Lovate Health Sciences International Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Clif Bar & Company.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Abbott
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Yakult Honsha Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 MusclePharm Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 GNC Holdings Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms

LIST OF TABLES

Table 1. APAC Sports Nutrition Market – Revenue and Forecast to 2028 (US$ Mn)
Table 2. Japan: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 3. Japan: Sports Nutrition Market, by Sports Supplements– Revenue and Forecast to 2028 (US$ Million)
Table 4. Japan: Sports Nutrition Market, by Sports Food – Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Sports Nutrition Market, by Sports Drinks – Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
Table 7. Japan: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 9. China: Sports Nutrition Market, by Sports Supplements – Revenue and Forecast to 2028 (US$ Million)
Table 10. China: Sports Nutrition Market, by Sports Food – Revenue and Forecast to 2028 (US$ Million)
Table 11. China: Sports Nutrition Market, by Sports Drinks – Revenue and Forecast to 2028 (US$ Million)
Table 12. China: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
Table 13. China: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. India: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 15. India: Sports Nutrition Market, by Sports Supplements – Revenue and Forecast to 2028 (US$ Million)
Table 16. India: Sports Nutrition Market, by Sports Food – Revenue and Forecast to 2028 (US$ Million)
Table 17. India: Sports Nutrition Market, by Sports Drinks – Revenue and Forecast to 2028 (US$ Million)
Table 18. India: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
Table 19. India: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 20. South Korea: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 21. South Korea: Sports Nutrition Market, by Sports Supplements – Revenue and Forecast to 2028 (US$ Million)
Table 22. South Korea: Sports Nutrition Market, by Sports Food – Revenue and Forecast to 2028 (US$ Million)
Table 23. South Korea: Sports Nutrition Market, by Sports Drinks – Revenue and Forecast to 2028 (US$ Million)
Table 24. South Korea: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
Table 25. South Korea: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 26. Australia: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 27. Australia: Sports Nutrition Market, by Sports Supplements – Revenue and Forecast to 2028 (US$ Million)
Table 28. Australia: Sports Nutrition Market, by Sports Food – Revenue and Forecast to 2028 (US$ Million)
Table 29. Australia: Sports Nutrition Market, by Sports Drinks – Revenue and Forecast to 2028 (US$ Million)
Table 30. Australia: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
Table 31. Australia: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of APAC: Sports Nutrition Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 33. Rest of APAC: Sports Nutrition Market, by Sports Supplements – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of APAC: Sports Nutrition Market, by Sports Food – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of APAC: Sports Nutrition Market, by Sports Drinks – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of APAC: Sports Nutrition Market Revenue and Forecasts to 2028, By Formulation (US$ Million)
Table 37. Rest of APAC: Sports Nutrition Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 38. Organic Developments Done By Companies
Table 39. Inorganic Developments Done by Companies
Table 40. Glossary of Terms

LIST OF FIGURES

Figure 1. APAC Sports Nutrition Market Segmentation
Figure 2. APAC Sports Nutrition Market, By Country
Figure 3. APAC Sports Nutrition Market Overview
Figure 4. APAC Sports Nutrition Market, By Type
Figure 5. APAC Sports Nutrition Market, By Country
Figure 7. APAC: PEST Analysis
Figure 8. Experts Opinion
Figure 9. APAC Sports Nutrition Market: Impact Analysis
Figure 10. APAC Sports Nutrition Market– Revenue Forecast and Analysis
Figure 11. APAC Sports Nutrients Market, by Type 2022 & 2028 (%)
Figure 12. APAC Sports Supplements Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. APAC Protein Supplements Market Revenue and Forecasts To 2028 (US$ MN)
Figure 14. APAC Vitamins Market Revenue and Forecasts To 2028 (US$ MN)
Figure 15. APAC Minerals Market Revenue and Forecasts To 2028 (US$ MN)
Figure 16. APAC Others Market Revenue and Forecasts To 2028 (US$ MN)
Figure 17. APAC Sports Food Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. APAC Protein Bars Market Revenue and Forecasts To 2028 (US$ MN)
Figure 19. APAC Energy Bars Market Revenue and Forecasts To 2028 (US$ MN)
Figure 20. APAC Energy Gels Market Revenue and Forecasts To 2028 (US$ MN)
Figure 21. APAC Sports Drinks Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. APAC Hypotonic Market Revenue and Forecasts To 2028 (US$ MN)
Figure 23. APAC Isotonic Market Revenue and Forecasts To 2028 (US$ MN)
Figure 24. APAC Hypertonic Market Revenue and Forecasts To 2028 (US$ MN)
Figure 25. APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. APAC Sports Nutrients Market, by Formulation 2022 & 2028 (%)
Figure 27. APAC Powder Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. APAC Tablets Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. APAC Capsules Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. APAC Sports Nutrients Market, by Distribution Channel 2022 & 2028 (%)
Figure 32. APAC Convenience Stores Market Revenue And Forecasts To 2028 (US$ MN)
Figure 33. APAC Supermarkets/Hypermarkets Market Revenue And Forecasts To 2028 (US$ MN)
Figure 34. APAC Specialty Stores Market Revenue And Forecasts To 2028 (US$ MN)
Figure 35. APAC Others Revenue and Forecasts To 2028 (US$ MN)
Figure 36. APAC Sports Nutrition Market Overview, by Country (2022)
Figure 37. APAC: Sports Nutrition Market, by Country, 2022 & 2028 (%)
Figure 38. Japan: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
Figure 39. China: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
Figure 40. India: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
Figure 41. South Korea: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
Figure 42. Australia: Sports Nutrition Market Revenue and Forecasts to 2028 (US$ Million)
Figure 43. Rest of APAC: Sports Nutrition Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC sports nutrition market.
● Highlights key business priorities to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the APAC sports nutrition market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the sports nutrition market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – Asia-Pacific Sports Nutrition Market

● Abbott
● Clif Bar & Company.
● Glanbia Plc
● GNC Holdings Inc.
● Lovate Health Sciences International Inc.
● MusclePharm Corporation
● PepsiCo Inc.
● The Coca-Cola Company     
● Yakult Honsha Co., Ltd.  

At 8.8% CAGR, the APAC Sports Nutrition Market is speculated to be worth US$ 15,825.07 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the APAC sports nutrition market was valued at US$ 9,560.23 million in 2022 and is expected to reach US$ 15,825.07 million by 2028, registering an annual growth rate of 3.3% from 2022 to 2028. Surge in availability of plant-based nutrition products and rise in product visibility are the critical factors attributed to the market expansion.

The recent trend of consuming plant-based and vegan supplements is likely to benefit the sports nutrition market in the coming years. Manufacturers in this market are ramping up their R&D efforts to come up with plant-based nutrition products. Several plant-based products have been introduced in recent years. For instance, in May 2020, Danone made its Vega One plant-based protein products commercially available, with the Vega One Sport designed for sports enthusiasts. This product contains a mix of proteins derived from different sources, including pumpkin seeds, alfalfa, sunflower, and peas. Similarly, in March 2020, Myprotein, sports nutrition brand, launched a precise plant-based protein shake. The Clear Vegan Isolate, which comes in powdered form, is available in two flavors: Coconut & Mango and Pear & Ginger. Thus, with the growing trend of consuming sports nutrition products to address mineral and vitamin deficiencies, the launch of plant-based nutrition products to meet the requirements of vegan populations in different countries is expected to boost the sports nutrition market growth in the coming years.

On the contrary, availability of adulterated sports nutrition products hurdles the growth of APAC sports nutrition market.

Based on type, the APAC sports nutrition market is segmented into sports supplements, sports food, sports drinks, and others. The sports supplements segment held 41.9% market share in 2022, amassing US$ 4,001.51 million. It is projected to garner US$ 6,705.99 million by 2028 to expand at 9.0% CAGR during 2022–2028. The sports supplements segment is further segmented into protein supplements, vitamins, minerals, and others. Similarly, sports food segment is categorized into protein bars, energy bars, and energy gels. Further, sports drinks segment is categorized into hypotonic, isotonic, and hypertonic. Based on formulation, the APAC sports nutrition market is segmented into powder, tablets, capsules, and others. The powder segment held 44.6% market share in 2022, amassing US$ 4,259.74 million. It is projected to garner US$ 7,265.90 million by 2028 to expand at 9.3% CAGR during 2022–2028. Based on distribution channel, the APAC sports nutrition market is segmented into convenience stores, supermarkets and hypermarkets, specialty stores, and others. The convenience stores segment held 37.4% market share in 2022, amassing US$ 3,574.91 million. It is projected to garner US$ 6,119.32 million by 2028 to expand at 9.4% CAGR during 2022–2028. Based on country, the APAC sports nutrition market has been categorized into China, India, Japan, South Korea, Australia, and rest of APAC. Our regional analysis states that Japan captured 27.9% market share in 2022. It was assessed at US$ 2,670.17 million in 2022 and is likely to hit US$ 4,381.96 million by 2028, exhibiting a CAGR of 8.6% during the forecast period. Key players dominating the APAC sports nutrition market are Abbott; Clif Bar & Company.; Glanbia Plc; GNC Holdings Inc.; Lovate Health Sciences International Inc.; MusclePharm Corporation; PepsiCo Inc.; The Coca-Cola Company; and Yakult Honsha Co., Ltd. among others.

In Oct 2021,  GNC x GLAXON: GNC Announces Strategic Partnership with GLAXON. In Jan 2018, PepsiCo India Holdings Pvt Ltd aims at growing its Nutrition product portfolio revenues 2.5 times that of its core product portfolio revenues by the year-end, fueled by demand from millennials for healthy and nutritious food options.