Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 14.4 Billion | USD 27.6 Billion | 9% | 2023 |
The global pre-workout supplements market size was evaluated at $14.4 billion in 2023 and is slated to hit $27.6 million by the end of 2032 with a CAGR of nearly 9% between 2024 and 2032.
Pre-workout supplement is a food supplement used by athletes and weightlifters for enhancing athletic performance. Furthermore, it is consumed for maintaining vitality of the body during workout sessions. Reportedly, pre-workout can be availed in various flavors catering to the demand of consumers belonging to different age-groups. The producers of pre-workout supplements are introducing clean-label items for attracting a large number of populations.
Growing consumption of nutritive food for enhancing performance of sports persons to boost the global market surge
Escalating intake of nutritional food products for improving performance in sports events and awareness about the need for workout supplements by sports persons will drive the global pre-workout supplements market growth. Need for healthy living and fitness is likely to boost the expansion of the market globally. Customers are involved in the physical activities such as yoga, exercise, and gym. Hence, they require pre-workout supplements for increasing strength, thereby promoting the growth of the market globally. Additionally, the need for self-analysis & self-diagnosis kits is anticipated to boost the expansion of the global market.
An increase in the costs of products with scarce raw material supply to impede the global industry expansion by 2032
Rise in the product costs owing to surging raw material prices along with fluctuations in supply of raw components owing to Russia-Ukraine and Israel-Hamas conflicts can impede the expansion of the global pre-workout supplements industry.
Rise in the promotional activities to create new facets of growth for the global market over 2024-2032
Surging product popularity and hectic work schedule of the global population will open new growth opportunities for the global pre-workout supplements market. Growing advertisement and promotion of the product on internet and social media as well as television & print media will create new facets of growth for the global market.
A surge in the consumption of functional diet to prove a huge challenge for the global industry
An increase in the intake of functional foods such as keto and paleo as well as high-protein foods can prove to be a huge challenge for the global pre-workout supplements industry expansion over the forecast period.
The global pre-workout supplements market is sectored into form, distribution channel, and region.
In terms of form, the pre-workout supplements market across the globe is bifurcated into ready-to-drink, powder, and capsule/tablets segments. Furthermore, the powder segment, which acquired nearly 68% of the global market revenue in 2023, is likely to record the highest growth rate in the ensuing years. The progression of the segment over the forecast timeline can be due to ease of access of pro-workout supplements in powdered form.
Based on the application, the global pre-workout supplements industry is sectored into online and offline segments. Additionally, the offline segment, which gathered a largest share of the global industry in 2023, is predicted to lead the segment in the upcoming years. The segmental surge during the period from 2024 to 2032 can be subject to a massive perception among consumers of physically verifying the product leading to humungous product purchase from retail stores as well as hypermarkets & supermarkets.
Report Attributes | Report Details |
---|---|
Report Name | Pre-Workout Supplements Market |
Market Size in 2023 | USD 14.4 Billion |
Market Forecast in 2032 | USD 27.6 Billion |
Growth Rate | CAGR of 9% |
Number of Pages | 206 |
Key Companies Covered | BPI Sports LLC, BSN, SAN, Finaflex, EFX Sports, Nutrabolt, SynTech Nutrition, JNX Sports, Nutrex Research, eFlow Nutrition LLC., and others. |
Segments Covered | By Form, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is projected to maintain the number one position in the global pre-workout supplements market in the forecast period
North America, which accounted for nearly 76% of the global pre-workout supplements market earnings in 2023, is likely to be a leading region in the upcoming years. In addition to this, the regional market surge over the forecast timeframe can be owing to massive acceptance of product in the countries such as the U.S. and Canada. Apart from this, rise in the number of gyms and fitness centers in these countries will proliferate the size of the regional market growth in the coming years. A surge in the presence of health-conscious people in the region will prompt the market trends in North America in the foreseeable future.
The Asia-Pacific pre-workout supplements industry is set to register the fastest cumulative rate of growth in the forecast timeline. The expansion of the industry in the European continent can be due to shifting customer preference for nutritive diet among the people of emerging economies such as Thailand, Indonesia, China, Myanmar, India, and Bangladesh. An increase in the number of supermarket and hypermarket stores in the region will prop up the scope of the industry growth in the region in the coming years.
The global pre-workout supplements market profiles key players such as:
By Form
By Distribution Channel
FrequentlyAsked Questions
Pre-workout supplement is a food supplement used by athletes and weightlifters for enhancing athletic performance. Furthermore, it is consumed for maintaining vitality of the body during workout sessions.
The global pre-workout supplements market growth over forecast period can be owing to growing need for healthy living and fitness.
According to a study, the global pre-workout supplements industry size was $14.4 billion in 2023 and is projected to reach $27.6 billion by the end of 2032.
The global pre-workout supplements market is anticipated to record a CAGR of nearly 9% from 2024 to 2032.
The Asia-Pacific pre-workout supplements industry is set to register the fastest CAGR over the forecasting timeline owing to shifting customer preference for nutritive diet among the people of emerging economies such as Thailand, Indonesia, China, Myanmar, India, and Bangladesh. An increase in the number of supermarket and hypermarket stores in the region will prop up the scope of the industry growth in the region in the coming years.
The global pre-workout supplements market is led by players such as BPI Sports LLC, BSN, SAN, Finaflex, EFX Sports, Nutrabolt, SynTech Nutrition, JNX Sports, Nutrex Research, and eFlow Nutrition LLC.
The global pre-workout supplements market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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