As per this study the Global Sports Nutrition Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%.
Sports nutrition are the nutritional products which are high in nutrition contents such as protein, carbohydrates, and multivitamins, in the form of food or drink which are commonly consumed by sportspersons and athletes. Protein powders, energy bars, and mass gainers are some of the sports nutrition products which are consumed by bodybuilders to improve overall health, performance and muscle growth. They are easily available in health stores, online channel, and convenience stores.
The rising number of fitness and health centers coupled with increasing demand for health supplements among fitness enthusiasts are boosting the market growth. Also, the rapid pace of urbanization coupled with increasing disposable income is further propelling the market growth. However, the availability of cheap counterfeit products that hamper the reputation of manufacturing companies can restrain the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sports nutrition.
The broad sports nutrition market has been sub-grouped into type and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Distribution Channel
- Sports Food
- Sports Drinks
- Sports Supplements
- Convenience Stores
- Health Stores
- Online Channel
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for sports nutrition in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Sports Nutrition Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the sports nutrition market include Abbott Nutrition, Body Attack, Bpi Sports, Clif Bar Company, Glanbia PLC, Hormel Foods Corp., KONZEPT, Multipower, MusclePharm Corp., PepsiCo, Power Bar, and SQUEEZY Sports Nutrition. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.