Sports Nutrition Market Growth rate by 2025 - Top Key Vendors, Trend and Segmentation
According to a new report published by Reports Monitor titled, “Global Sports Nutrition Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the sports nutrition market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Sports nutrition is a nutritional product which includes sports drinks, sports food & sports supplements that are meant to consumed by bodybuilders and athletes to improve their overall physical growth and physical performance.
The growing demand for sports nutrition food products and rapid urbanization is the key driving factors for the market growth. The emergence of new ingredients and use of essential nutrients in the products that help to increase physical strength and physical performance is boosting the market. The increase in health diseases due to hectic schedules and nature of work the adoption of sports nutrition among the consumers is driving the global sports nutrition market. However, the availability of cheap products hampers the sales of the reputed companies and thereby restricts the growth of sports nutrition market globally. In addition, the distribution channel is also expected to expand which can be an opportunity for the global market of sports nutrition in coming years.
This report provides a detailed analysis of sports nutrition market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The segmentation of global sports nutrition market is based on the product type, distribution channel and end user. On the basis of product type the global sports nutrition market can segmented into protein powder, ISO drink powder, capsule/tablets, protein bars, supplement powder, RTD protein drinks & other sports drinks and other supplements. On the basis of distribution channel the global sports nutrition market can segmented into fitness institutions, drug & specialty stores, large retail, small retail, online & others. On the basis of end user the global sports nutrition market can segmented into bodybuilders, athletes, recreational users and lifestyle users.
On the basis on the geographical regions covered, the global sports nutrition market is analyzed across North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). North America is expected to grow in the coming years due to its increased awareness of protein’s health benefits and its importance.
The key players for sports nutrition market include Champion Nutrition, The Coca-Cola Company, PepsiCo, PacificHealth Laboratories, GNC Holdings, Cytosport, Friggs AB, Monster Beverage Corporation, Abbott Nutrition, Nutrition & Santé, PowerBar Europe, ProAction Srl, Reflex Nutrition, Universal Nutrition, Science in Sports (SiS) and Ultimate Nutrition.
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