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18-Jul-2024

Projected Expansion: Global Creatine Supplement Market Sales Set to Reach USD 923 Million by 2033, Driven by 13.0% CAGR

The global creatine supplement market is set to be valued at USD 501 million in 2023. It is expected to rise significantly, reaching a market valuation of USD 923 million by 2033. It will likely exhibit a CAGR of 13.0% during the forecast period from 2023 to 2033.

The creatine supplement industry is poised for growth driven by increasing global demand for supplements. Furthermore, the rising popularity of supplements offering neuroprotective benefits is expected to enhance the demand for creatine supplements in the forecast period.

During the forecast period, the creatine supplement market is anticipated to be propelled by innovative marketing strategies implemented by leading manufacturers. These strategies aim to elevate brand preference and drive sales through diverse marketing approaches.

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They would include using technology to encourage consumers to buy creatine supplements. These innovative marketing strategies are anticipated to propel the creatine supplement market forward.

For instance, according to the Food Science and Nutrition Journal, a clinical trial reported that the amino acid creatine can be an effective therapy for people suffering from post-COVID-19 fatigue syndrome, also known as long COVID. Creatine is a vital amino acid known for its significance in maintaining healthy muscles and the nervous system.

Key Takeaways from the Creatine Supplement Market Report-

  • The global creatine supplement market is expected to reach a valuation of US$ 923 million by 2033.
  • Global demand for creatine supplements will likely soar at 13.0% CAGR over the forecast period.
  • The United States is projected to hold a dominant value share of 23.5% in the global market by 2033.
  • Germany’s creatine supplement market is projected to reach a value share of 12.0% by 2033.
  • China is estimated to witness a value share of 12.0% during the projection period.

“Brands that invest in engaging with consumers to study their requirements are set to push demand. These are expected to study factors such as the shifting preference for clean labels and organically sourced ingredients. Start-ups are anticipated to provide customized products according to specific protein intake ratios.” – says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.)

Competitive Landscape

Alzchem Group, Muscle Feast, BioTrust, ON (Optimum Nutrition), Raw Barrel, N& R Industries, Merck KGaA, Tradichem, Central Drug House (CDH), Shanghai Biosundrug, Spectrum Chemical MFG CORP, and Bactolac Pharmaceutical are key creatine supplement manufacturers listed in the report. These companies are concentrating on expanding their portfolios by launching new products. They would also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.

For instance,

  • In September 2023, the Germany-based specialty chemicals supplier Alzchem Group introduced a powdered creatine monohydrate that is free of animals and is intended specifically for the food industry.
  • In September 2023, ZOA Energy expanded its assortment with an unparalleled offering. ZOA+ Powder, a 5-in-1 superior composition pre-workout supplement, was created to maximize performance and mental clarity.
  • In November 2022, leading nutritional supplement manufacturer Cymbiotika announced the release of Creatine+ in Canada. L-glutamine and Creabrev are the main ingredients in this creatine supplement.

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Creatine Supplement Market Outlook by Category

By Form:

  • Liquid
  • Powder
  • Tablet
  • Capsules

By End-use:

  • Men
  • Women
  • Senior Citizens
  • Others

By Sales Channel:

  • Convenience Stores
  • Specialty Stores
  • Pharmacy Stores
  • Online Retail
  • Other Sales Channels

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

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.

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Last Updated: 18-Jul-2024