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Persistence Market Research Analysis forecasts substantial growth in the global sports supplements market between 2024 and 2033. It projects revenue to reach US$24,698 Mn by 2033, with an estimated CAGR of 7.1% during this period. In 2024, the market is expected to generate US$13,321 Mn in revenue. By 2023, the top four countries are predicted to contribute 40.1% of the market share. Sales of global sports supplements reached US$11.58 Bn in 2023, marking a 5.4% growth from 2018, driven by electrolyte replenishment products. These supplements are available in various forms, including drinks, powders, capsules, and tablets, meeting the nutritional needs of athletes. Growing fitness consciousness is fueling demand, particularly in East Asia & South Asia and the Pacific regions, which exhibit significant growth potential. Protein-based products are anticipated to sustain a 7.1% growth rate in the future.
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