Dublin, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The "Pre-Workout Supplements - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global Pre-Workout Supplements market is on the fast track to remarkable expansion, with projections indicating it will soar from an estimated $19.2 billion in 2022 to a substantial $31.5 billion by 2030.
This impressive growth trajectory is forecasted at a Compound Annual Growth Rate (CAGR) of 6.4% during the analysis period spanning from 2022 to 2030.
This comprehensive market analysis delves into the global pre-workout supplements market, offering insights into various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive overview of annual sales trends, spanning from 2014 to 2030, assesses market presence, and identifies key competitors for each region. The analysis encompasses different forms of pre-workout supplements, including powder, ready-to-drink, and capsules/tablets, as well as distribution channels, covering offline and online sales.
This extensive market research aims to empower businesses and stakeholders with a comprehensive understanding of the current and future dynamics of the pre-workout supplements industry across various regions, enabling them to make informed decisions and formulate effective strategies.
Key Highlights:
- Powder Segment Leading the Way: The Powder segment is poised for significant growth, projected to achieve a CAGR of 6.3%. By the end of the analysis period, this segment is expected to reach an impressive $25.7 billion.
- Strong Growth in Ready to Drink: Taking into consideration the ongoing post-pandemic recovery, the Ready to Drink segment's growth rate has been adjusted to a revised 7% CAGR for the next 8 years.
Market Snapshot by Region:
- U.S. Market: The Pre-Workout Supplements market in the U.S. is estimated at $5.2 billion in the year 2022.
- China's Remarkable Growth: China, as the world's second-largest economy, is forecasted to reach a projected market size of $7.7 billion by the year 2030, demonstrating an impressive CAGR of 11.5% during the 2022-2030 analysis period.
- Other Noteworthy Markets: Japan and Canada are also expected to exhibit growth, with CAGRs of 1.7% and 5.2%, respectively, over the 2022-2030 period. Within Europe, Germany is forecasted to achieve a CAGR of approximately 2.8%.
What's New?
- Special Coverage: The report provides special coverage on significant global events, including the Russia-Ukraine war, global inflation, China's evolving zero-Covid policy and its 'bumpy' reopening, supply chain disruptions, global trade tensions, and the risk of a recession.
- Online Interactive Updates: Subscribers gain access to online interactive peer-to-peer collaborative bespoke updates, enhancing their understanding of market dynamics.
- Digital Archives and Research Platform: The report provides access to digital archives and a research platform, offering a comprehensive resource for industry stakeholders.
- Complimentary Updates: Subscribers enjoy complimentary updates for one year, ensuring access to the latest market insights.
Key Report Details:
- Number of Pages: 92
- Forecast Period: 2022 - 2030
- Estimated Market Value (USD) in 2022: $19.2 Billion
- Forecasted Market Value (USD) by 2030: $31.5 Billion
- Compound Annual Growth Rate (CAGR): 6.4%
- Regions Covered: Global
A selection of companies mentioned in this report includes
- ALLMAX Nutrition, Inc.
- Beast Sports Nutrition
- BPI Sports, LLC
- eFlow Nutrition LLC
- EFX Sports
- Finaflex
- GAT Sport
- Magnum Nutraceuticals
- MusclePharm Corporation
- Nutrabolt Corporation
- Nutrex Research, Inc.
- SAN
- SynTech Nutrition (Medix Laboratories NV)
For more information about this report visit https://www.researchandmarkets.com/r/jeaa2
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