Report Overview

India Sports Nutrition Market - Industry Trends & Forecast Report 2028

India Sports Nutrition Market is projected to grow at a CAGR of 9.6% during the forecast period (2022-2028). The rapid expansion of the market is predominantly due to obesity and diabetes luring individuals to fitness centers across the country. Increased sicknesses, an improving economy, and a shift in customer preferences for organic and natural sports nutrition are projected to drive the market in the Indian area. India is predicted to be the most profitable country for the expansion of the sports nutrition sector. It is expected to rise significantly during the projected period due to an increase in the number of fitness centers, health clubs, and the advent of numerous fitness classes, all of which are contributing to the expansion of the sports nutrition market in India.

Sports Nutrition - Overview

Athletic success is built on a solid foundation of sports nutrition. It is a well-thought-out dietary strategy that enables athletes and active individuals to function to their highest potential. It gives the body the correct kind of nourishment, energy, nutrients, and water to keep it hydrated and operating at its best. The following three concepts govern sports nutrition: Providing the body with nourishment to increase endurance, strength, and clarity is known as fueling. By staying hydrated, you can minimize muscle weariness and dehydration. After exercise, recuperation is important to help with.

India Sports Nutrition Market Forecast and Trends

Growth Drivers

Rising Health Clubs and Fitness Centers in India

The market for sports nutrition is expanding as health clubs and fitness facilities proliferate throughout many countries and offer membership incentives. Both the producers and numerous sports fans have a high need for flavored drinks. Manufacturers provide these products with a variety of flavors to meet the need for sports nourishment. Additionally offered to the market are delightful energy bars and beverages. All these factors boost the growth of the India Sports Nutrition Market during the forecast period (2022-2028).

Growing Consumer Awareness of Preventative Healthcare

Weakness, anxiety, despair, and other health problems are caused by the decreasing nutritional value of food products and their incapacity to satisfy the body's nutritional requirements. In addition, leading a hectic life and working long hours are obstacles to good eating. Although a substantial portion of the millennial population tends to stick to their conventional eating habits, busy schedules make fast food the go-to option. People are unable to meet their bodies' dietary needs as a result of all these problems. Consumers are gravitating toward nutritional products or sports supplements as a remedy for this nutritional gap to preserve their health and meet their nutritional needs.

Increasing Interest in Healthy Lifestyles

The health of people, as well as food, water, air, and weather, are being impacted by escalating climate changes, busy lifestyles, and shifting dietary preferences. Due to these reasons, more people are becoming health-conscious and emphasizing physical activity, eating a balanced diet, and taking nutritional supplements. In addition, urbanization is rapidly spreading across the country. The rural population is migrating to metropolitan areas due to the standard lives, career opportunities, and ease of daily life routines, which is fostering a crowd culture. People are favoring nutritional supplements as a way to maintain their health and fitness, which is boosting the worldwide sports supplement industry. All these factors boost the growth of the India Sports Nutrition Market during the forecast period (2022-2028).

Restraints

Overconsumption of Nutrition Supplements

The sports nutrition industry is getting a bad reputation due to the use of illegal substances and stimulants. The market for sports nutrition would grow slowly if prohormones or anabolic steroids are used. Overconsumption of supplements for sports nutrition may increase caloric intake. Therefore, it is anticipated that this will slow the segment's growth. All these factors hinder the growth of the India Sports Nutrition Market.

Impact of COVID-19 on India Sports Nutrition Market

COVID-19 has caused a sizable number of fatalities. Due to their alleged immune-boosting properties, nutritional supplements and nutraceuticals saw a spike in sales during the pandemic. Popular medical figures have advocated the use of specific dietary supplements in the prevention and acute treatment of SARS-CoV-2 infection on television and social media since the start of the coronavirus pandemic. By improving antiviral immunity and lowering mortality by decreasing the cytokine storm associated with severe COVID-19, vitamin D may also aid to prevent the spread of SARS-CoV-2. Additionally helping the immune system work properly, zinc may also have particular antiviral capabilities. The COVID-19 effect impacted the market for sports nutrition to change even more.

India Sports Nutrition Market - By Product Type

Based on the product type, the India Sports Nutrition Market is segmented into Sports Food, Sports Drink, and Sports Supplements. Among these, sports supplements account for the largest share in the India Sports Nutrition Market. The reason is the growing consumer awareness of the importance of physical fitness coupled with the widespread commercial availability of supplement powder. The expansion of market participants, the introduction of new goods, and the expansion of the product portfolio following consumer preferences all point to an increase in the demand for sports supplements. Moreover, the most popular sports nutrition is a protein powder, which is followed by sports drinks as these are the most well-known sports nutrition items on the market. All these factors propel the growth of the India Sports Nutrition Market during a forecast period (2022-2028).

India Sports Nutrition Market – By Raw Material

Based on raw material, the India Sports Nutrition Market is segmented into Animal Derived, Plant-Based, and Mixed. Due to an increase in the percentage of vegans nationwide, the plant-based sector dominates the India Sports Nutrition Market. Additionally, many customers are turning to plant-based nutrition products since they are higher in fiber and key nutrients and have less fat than goods made from animal sources. Furthermore, consumers are turning more and more to plant-based sports nutrition as a result of the proliferation of diseases derived from animals, such as avian flu. All these factors boost the growth of the India Sports Nutrition Market during the forecast period (2022-2028).

India Sports Nutrition Market - By Distribution Channel

Based on the distribution channel, the India Sports Nutrition Market is segmented into Specialty Stores, Supermarkets, Drug Stores, Online Channels, and Convenience Stores. The supermarkets/hypermarkets segment now has the biggest market share and is likely to continue to do so during the forecast period (2022-2028). Hypermarkets/supermarkets are the most popular places to buy sports nutrition products since they are the most convenient and have a wide variety of products to pick from.

Competitive Landscape

The leading market players in the India Sports Nutrition Market are Nestle S.A, Redbull GmbH, Keurig Dr. Pepper Inc, Nutrabolt, GlaxoSmithKline, Optimum Nutrition Inc, and Premier Nutrition Corporation, Biothrive Sciences, Now Foods, INC Sports Nutrition, Vitaco Health, Uelzena Group, and other prominent players.

The India Sports Nutrition Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

Recent Development

• For the 2020-21 season of the Hero Indian Super League FC Goa announced Optimum Nutrition, one of the leading sports nutrition and fitness supplements brands in India, as its official nutrition partner.

Scope of the Report

By Product Type

• Sports Food
• Sports Drink
• Sports Supplements

By Raw Material

• Animal Derived
• Plant-Based
• Mixed

By Distribution Channel

• Specialty Stores
• Supermarkets
• Drug Stores
• Online Channels
• Convenience Stores

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. India Sports Nutrition Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Landscape/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. India Sports Nutrition Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product Type
         1. Sports Food
         2. Sports Drink
         3. Sports Supplements
      2. By Raw Material
         1. Animal Derived
         2. Plant-Based
         3. Mixed
      3. By Distribution Channel
         1. Specialty Stores
         2. Supermarkets
         3. Drug Stores
         4. Online Channels
         5. Convenience Stores
6. Competitive Landscape
   1. List of Key Players and Their Product Types
   2. Market Share Analysis, 2021
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Covid-19 on India Sports Nutrition Market
8. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
   1. Nestle S.A
   2. Redbull GmbH
   3. Keurig Dr. Pepper Inc
   4. Nutrabolt
   5. GlaxoSmithKline
   6. Optimum Nutrition Inc
   7. Premier Nutrition Corporation
   8. Biothrive Sciences
   9. Now Foods
   10. INC Sports Nutrition
   11. Vitaco Health
   12. Uelzena Group
   13. Other Prominent Players
9. Key Strategic Recommendations

Note: Financial information in case of non-listed companies will be provided as per availability

The segmentation and the companies are subjected to modifications based on the in-depth secondary for the final deliverable

List of Figures

Figure 1        India Sports Nutrition Market Segmentation

Figure 2        India Sports Nutrition Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        India Sports Nutrition Market Size, By Value (USD Million), 2018-2028

Figure 5        India Sports Nutrition Market Share, By Product Type, By Value, 2018-2028

Figure 6        India Sports Nutrition Market Share, By Raw Material, By Value, 2018-2028

Figure 7        India Sports Nutrition Market Share, By Distribution Channel, By Value, 2018-2028

List of Tables

Table 1         India Sports Nutrition Market Size, By Product Type, By Value, 2018-2028

Table 2         India Sports Nutrition Market Size, By Raw Material, By Value, 2018-2028      

Table 3         India Sports Nutrition Market Size, By Distribution Channel, By Value, 2018-2028     

Table 4         Nestle S.A Company Overview                                   

Table 5         Nestle S.A Financial Overview                                    

Table 6         Redbull GmbH Company Overview                              

Table 7         Redbull GmbH Financial Overview                               

Table 8         Keurig Dr. Pepper Inc Company Overview                             

Table 9         Keurig Dr. Pepper Inc Financial Overview                              

Table 10        Nutrabolt Company Overview                                    

Table 11        Nutrabolt Financial Overview                                     

Table 12        GlaxoSmithKline Company Overview                                    

Table 13        GlaxoSmithKline Financial Overview

Table 14        Optimum Nutrition Inc Company Overview                            

Table 15        Optimum Nutrition Inc Financial Overview                             

Table 16        Premier Nutrition Corporation Company Overview                            

Table 17        Premier Nutrition Corporation Financial Overview                             

Table 18        Biothrive Sciences Company Overview                                  

Table 19        Biothrive Sciences Financial Overview

Table 20        Now Foods Company Overview                                  

Table 21        Now Foods Financial Overview      

Table 22        INC Sports Nutrition Company Overview                               

Table 23        INC Sports Nutrition Financial Overview   

Table 24        Vitaco Health Company Overview                               

Table 25        Vitaco Health Financial Overview   

Table 26        Uelzena Group Company Overview                             

Table 27        Uelzena Group Financial Overview