THG Nutrition
A group of digital-first Nutrition & Wellbeing brands, including the world’s largest online sports nutrition brand, Myprotein, and its family brands. The business is driven by a vertically-integrated business model and supported by global THG-owned production facilities.
THG Nutrition’s products span a number of categories of the global nutrition market, including protein powders, supplements, vitamins & minerals, bars & snacks and drinks. In addition, THG Nutrition offers performance clothing through its activewear brand MP.
THG Nutrition | 2023 | 2022 | 2021 |
---|---|---|---|
Revenue (£m) | 664.3 | 675.1 | 659.5 |
Adjusted EBITDA (£m) | 88.9 | 51.7 | 76.6 |
Adjusted EBITDA (%) | 13.5% | 7.8% | 11.6% |
A dedicated family of holistic wellbeing brands created to address a wide range of needs and lifestyles, including: sports nutrition, healthy snacks, convenience and sports drinks, vitamins and supplements, sports apparel and athleisure, and weight management products and support.
THG Nutrition is differentiated from competitors through its digitally-native direct to consumer model, its global reach, the extent of its vertically integrated model, and its broader focus, spanning the sports nutrition, vegan products, vitamins, bars and snacks and sportswear categories.