The global pre-workout supplements market size is estimated to surpass a valuation of US$ 20,154 million in 2023. It is likely to reach a valuation of US$ 36,905.8 million by 2033. The market is foreseen to record a striking CAGR of 7.5% from 2023 to 2033.
The market is anticipated to swell as customer preferences for healthy meals and awareness of the advantages of fitness and health amplify. Manufacturers are being encouraged to introduce new pre-workout supplements due to rising consumer spending on nutritious and healthy meals. Various international brands are entering untapped markets to capitalize on the growing trend of health and wellness. This is expected to bode well for the global pre-workout supplements industry.
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The increasing research and development activities by key players are also expected to boost market growth. The rising trend of sustainability and the growing popularity of clean-label products is anticipated to drive market expansion. The increasing trend of home workouts further propels growth opportunities. The lack of time disposal due to hectic work and life schedules are aiding the home workout trend and is likely to amplify sales of pre-workout supplements.
Pre-workout supplements are available in dry and wet forms. Dry pre-workout supplements are highly preferred by consumers due to several reasons, of which, convenience is the most prominent one. Dry pre-workout supplements are available in different pack sizes, flavors, and ingredients. They are easy to consume and store. They also have a longer shelf life than wet pre-workout supplements. These factors boost the demand for pre-workout supplements. Additionally, they are easy to transport, which boosts their overall demand, thereby bolstering global market growth.
Key Takeaways from the Market:
- In 2018, the global market size stood at US$ 17,410.6 million.
- The market accounted for US$ 19,739.24 million in 2022.
- The market developed at a CAGR of 3.2% from 2018 to 2022.
- In 2022, the ready-to-drink segment captured 53.6% shares in the global market.
- The offline sales channel segment captured a 63.9% market share in 2022.
- The United States pre-workout supplements market captured nearly 24.1% of the global pre-workout supplements market share in 2022.
- The Indian market in pre-workout supplements garnered nearly 5.6% of the global market share in 2022.
- The United Kingdom captured 7.6% of the global pre-workout supplements market shares in 2022.
Recent Developments Observed by FMI:
- RSP Nutrition introduced AminoLean MAX, their newest pre-workout supplement, in June 2022. The new supplement provides better attention, energy, and pump.
- In May 2022, GNC introduced the ZOA+ pre-workout supplement. High-quality components are used in the production of the new pre-workout pill to provide improved performance.
- Pre JYM, a brand-new pre-workout supplement for elite athletes and fitness lovers, was introduced by GNC in April 2022.
- GNC debuted Concept X under the Beyond Raw brand. In it, 16 ingredients make up the new pre-workout pill, which provides greater energy, strength, concentration, pumps, and muscular pain assistance.
Key Players in the Global Pre-workout Supplements Industry
- MusclePharm Corporation
- Nutrabolt Corporation
- BPI Sports LLC
- Magnum Nutraceuticals
- GAT Sport
- Nutrex Research Inc.
- Beast Sports Nutrition
- SynTech Nutrition (Medix Laboratories NV)
- EFX Sports
- ALLMAX Nutrition Inc.
Market Segmentation
By Form:
- Powder
- Ready-to-drink
- Capsule/Tablets
By Sales Channel:
- Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
- Online Sales Channel
- Company Website
- E-commerce Platform
By Region:
- North America
- South America
- Europe
- East Asia
- South Asia & Pacific
- The Middle East & Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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