Creatine Market Size, Share, Growth, and Industry Growth, By Type (Creatine 80 Mesh, Creatine 200 Mesh, and Others), By Application (Health Care Products, Pharmaceutical Products, Food and Beverages, and Others), Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2022 To 2030

Updated On: 04 September 2023

creatine market REPORT OVERVIEW

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The global creatine market size is expected to be USD 280.3 million in 2022 and market is projected to touch USD 510.2 million by 2028, exhibiting a Compound annual growth rate (CAGR) of 10.5% during the forecast period.

A substance called creatine is naturally present in muscle cells. It aids the muscles in generating energy when performing vigorous exercise or heavy lifting. Additionally, it is being used as a supplement. The body stores 95% of it’s the product as phosphocreatine in the muscles, with the remaining 5% being located in the kidneys, brain, and liver, according to a Health line report. The ability of creatine monohydrate to deliver on its promise of greater power has given it a solid reputation.  It is used to increase the body's ability to produce energy quickly. It is often purchased in the form of flavored powders mixed with drinks. Greater energy allows a person to train harder and more frequently, accelerating results.

Creatine started as a supplement to boost performance in the 1990s. One of the most well-liked supplements taken by people trying to increase their strength, grow lean muscle mass, and improve performance is the product. Creatine pills have a reputation for delivering on their promise of increased strength. The supplements are typically bought as flavor-infused powders that are combined with fluids to increase the body's capacity to produce energy quickly. With additional strength, one may work out longer and more frequently, producing quicker and better results. Sports requiring quick bursts of effort, including baseball, football, sprinting, and weight training, benefit most from product’s explosive properties.

COVID-19 Impact: Obstructs In Supply of Chemicals Retarded Growth

However, because of lockdowns, social isolation, and trade restrictions, the pandemic obstructed the growth of the creatine market. Production has been delayed as factories and manufacturers were forced to work with a fewer workforce. Due to these problems, big enterprises' revenues have decreased, which undoubtedly discouraged investment in the industry. However, some industries witnessed exponential growth as a result of the rising need for packaged medical and pharmaceutical products, personal protective equipment, and packaged food and beverage items.

LATEST TRENDS

"Increasing Adoption of Gyms to Stay Fit to Drive Major Growth"

The market is expected to grow as a result of the popularity of sports nutrition products. Health concerns and awareness are growing, especially among millennials, as sedentary and busy lives are becoming more commonplace worldwide. These folks are more inclined to join a gym, set aside time for exercise, and partake in sporting goods that promise to offer health benefits. An increase in the demand for sports nutrition products is anticipated to create a favorable environment for the global market. One of the most significant market drivers is the fact that hard-training athletes and the scientific community have long recognized creatine as a supplement that delivers on its promise of increased strength and muscle hypertrophy.

creatine market Segmentation

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• By Type Analysis

By type, the market is segmented into creatine 80 mesh, creatine 200 mesh, and others.

• By Application Analysis

Based on application, the market is classified into health care products, pharmaceutical products, food and beverages, and others. 

Food and beverages are likely to sow commendable growth due to the rising consumption of animal products globally. Moreover, creatine is present in various animal food products such as seafood and red meat. 

DRIVING FACTORS

"Various Cosmetic Benefits to Bolster Product Demand"

Creatine is an ingredient in cosmetics and personal care products like skincare and anti-aging products. When utilized in a tropical environment, it has the same impact on the skin as it does on cell signaling. The application of product firm’s skin, refines pores and evens skin tone while erasing wrinkles and fine lines. Cosmetics and personal care products are one of the most significant and rapidly expanding sectors. Because the middle-class population's purchasing power is likely to rise during the projection period, demand for these products is anticipated to soar.

"Medicinal Properties Associated With the Product to Surge Market Growth"

The market is expected to grow owing to the potential for improving brain functions by supplementation. People with neurological diseases and those who naturally have low levels of supplements take this chemical, which increases its marketability as a performance enhancer and expands creatine market growth. These factors are anticipated to propel the growth of the global market. Additionally, conditions like epilepsy, Parkinson's disease, Alzheimer's disease, Huntington's disease, and ischemic stroke may be improved. As diseases become more common worldwide, there will likely be an increase in the demand for the product. 

RESTRAINING FACTORS

"Health Issues Associated With Excessive Product Consumption to Impede Growth"

The excess consumption of the product results in various health issues such as stomach bloating and discomfort. These factors are likely to affect the creatine market growth. Consuming excess supplements on regular basis may result in dehydration, diarrhea, kidney damage, crams, and others

creatine market REGIONAL INSIGHTS

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"Asia Pacific to Lead the Market Due To Higher Consumption of Food and Beverages"

Asia Pacific is estimated to hold a dominant part of the creatine market share due to increasing client care coupled with expanding receptiveness of the client. China is likely to hold approximately 67% of the total market share owing to the presence of the greatest consumers in the food and beverages sector.

Europe is likely to show significant growth in the global market owing to the escalating interest in utilitarian food, therapeutic things, and games food things. 

North America is expected to hold a commendable part of the market share due to consistently thriving regional sports coupled with the consciousness towards fitness and health. 

KEY INDUSTRY PLAYERS

"Key Players to Emphasize On Product Development to Grow In the Global Market"

New sustainable products and solutions that give clients greater efficiency and higher value is being developed by the companies. Additionally, businesses attempt to boost sales through investments, acquisitions, and innovation. To better serve their different markets, they are increasing their production capacity. Due to the presence of multiple large corporations, the market is competitive. It is also defined by a sizable global consumer base, with the companies executing their businesses through specialized distribution networks.

List of Market Players Profiled

• AlzChem (Germany)
• Shanghai baosui Chemical (China)
• Jiangsu Yuanyang Pharmaceutical (China)
• Zhangjiagang Huachang Pharmaceutical (China)
• Fushun Shunte Chemical (China)
• Shandong Qilu Petrochemical Qitai Petrochemical (China)
• Ningxia Heng Kang Pharmaceutical Technology (China)
• FarmaSino Pharmaceuticals (Jiangsu) (China)
• Inner Mongolia Chengxin Yongan Chemical (China)
• Ningxia Baoma Pharm (China)
• Ningxia Taikang Pharmaceutical (China)

REPORT COVERAGE

"The report covers various market aspects, such as:"

• The product description is added to a brief about the product.
• Impacts of the lockdown followed by the pandemic.
• A driving factor becoming the new trend in the market and surging market growth.
• The factors which are likely to drive growth in the market.
• Factors expected to decline in growth in the market.
• An in-depth regional analysis of the market is performed.
• Key players and their headquarters are also covered in the report.