San Francisco, 31 January 2019: The
Report Sports Nutrition Market Size, Share & Trends Analysis Report By Product
(Drinks, Supplements, Foods), By Distribution Channel (E-Commerce, Brick &
Mortar), By Region, and Segment Forecasts, 2018 - 2025
The global sports nutrition market size is expected to reach USD 24.43 billion by 2025,
expanding at a CAGR 9.7% over a forecast period, according to a new report by
Grand View Research, Inc. The market is majorly driven by growing demand for
these products among sportsperson and athletes, rising consumer awareness, and
increasing number of gyms and health & fitness centers across the globe
that are involved in marketing of these nutritional products.
Increasing number of research activities in
the field and new product launches are some of the major factors contributing
to market growth. Presence of large market players is facilitating widespread
product availability, which in turn is likely to stir up the demand for these
products. For instance, in 2018, Amazon launched a private label sports
supplement brand called OWN PWR for U.S. consumers. Glanbia Plc; Hormel Foods
Corporation; General Nutrition Centers, Inc.; and Abbott are the major
competitors operating in this market.
Growing consumer base, rapid pace of
urbanization, and increasing disposable income of households are among the key
trends escalating the growth of the market. Furthermore, widening base of
health conscious population, rising incidence of sedentary diseases, and
favorable government initiatives towards health promotion are anticipated to
foster the growth of the market over the coming years.
Access Research Report of Sports
Nutrition Market @ www.grandviewresearch.com/industry-analysis/sports-nutrition-market
Further Key Findings From the Report Suggest:
· The sports supplements segment is expected
to experience the fastest CAGR of 10.5% over the forecast period owing to
increasing health awareness among population and trend of self-diagnosis
· In 2017, bricks and mortar accounted for
the largest revenue share in terms of distribution channel. However, e-commerce
is poised to exhibit a lucrative CAGR of 12.4% over the forecast period
· North America represented the leading
revenue share in 2017 owing to a large number of gyms and health & fitness
centers and favorable initiatives encouraging sports participation
· Asia Pacific is projected to witness the
highest CAGR of 13.0% over the forecast period
· The market is fairly competitive in nature
with presence of key players including Glanbia Plc; Hormel Foods Corporation;
General Nutrition Centers, Inc.; Abbott and Cardiff Sports Nutrition LTD;
Nature’s Bounty; POST HOLDINGS, INC.; and Clif Bar & Company.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has segmented the
global sports nutrition market on the basis of product, distribution channel,
and region:
Sports Nutrition Product Outlook, (Revenue,
USD Million, 2014 - 2025)
·
Sports Drink
·
Sports Supplements
·
Sports Foods
Sports Nutrition Distribution Channel
Outlook, (Revenue, USD Million, 2014 - 2025)
·
E-commerce
·
Bricks and mortar
Sports Nutrition Regional Outlook (Revenue,
USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Sports Nutrition Market@ www.grandviewresearch.com/press-release/global-sports-nutrition-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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