Market Size of Middle East & Africa Sports Nutrition Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.90 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Sports Nutrition Market Analysis
The Middle-East & African sports nutrition market is projected to register a CAGR of 3.9% during the forecast period (2020 - 2025).
Athletes and bodybuilders are the prime consumers of sports nutrition products. However, the market is benefited from the increase in the number of recreational and lifestyle users. Changes in lifestyle and an increasing disposable income are the driving factors for the growth of the market. Moreover, the rising awareness about the benefits of protein-based sports nutrition products and an active lifestyle accelerated the growth of the sports nutrition market.
Moreover, a significant increase in the number of casual or recreational users, professional bodybuilders, and athletes, along with the increasing number of young people opting for sports as their career is contributing positively to the market's growth. Furthermore, the proliferation of health and fitness centers, many of which also engage in the active promotion of sports nutrition products, are expected to drive the market's growth.