Global sports nutrition market is expected to witness above average growth, registering 5.2% CAGR during the forecast period, 2017-2022
Sports nutrition forms an important part of improving the performance of sportsperson and athletes. It is a science of supplying targeted nutrition as required to perform a sporting skill consistently. Sports nutrition includes various products in form of powder, bar, drink, etc. These products are usually made using protein-rich ingredients providing energy and improving immunity.
Growth of the sports nutrition market ride the coattails of developments and growth in a number of health clubs, gyms that continue to spread health-consciousness among the common people. Hence, this is expanding the demographic base for sports nutrition, leading to the increasing awareness of nutrition among casual users for an active lifestyle, thereby driving sports nutrition market expansion.
Key players in the sports nutrition market are focused toward research of new ingredients, especially natural and organic ingredients. Natural sweeteners are also being used on a large scale to produce various sports nutrition products. Increasing consumption of processed foods that include very low nutrient value is also driving the growth of sports nutrition market in order to meet the nutrition requirement.
According to a study by Fact.MR, the sports nutrition market is expected to experience steady growth. The sports nutrition market is projected to reach US$ 11,915.6 million revenues by the end of 2022. Companies in sports nutrition market are focusing on producing a product that can offer required nutrition during weight management and mass building meeting the consumer needs for general fitness.
Powder Sports Nutrition Products to Gain Popularity
Sports nutrition product in form of powder is expected to be among the top-selling products in global sports nutrition market during 2017-2022. Sales of powder sports nutrition product is estimated to bring in nearly US$ 7,800 million revenues by the end of 2022.
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Weight Management- Most Adapted Approach towards Healthy Lifestyle
Among all the other function including strength & mass building and athletic activities, weight management is expected to emerge as the most preferred approach towards active and healthy lifestyle, thereby driving sports nutrition market growth. Hence, in order to balance the nutrition level, sports nutrition products will be used during weight management. The weight management is also estimated to account for nearly two-fifth of the revenue share of sports nutrition market by the end of 2017.
Institutional Sales to Witness Maximum Revenue Share
Gaining nearly one-fourth of the revenue share in sports nutrition market, institutional sales is expected to emerge as the most lucrative distribution channel in sports nutrition market. Towards the end of 2022, the institutional sales are projected to reach nearly US$ 2,700 million revenue. Meanwhile, online stores are also expected to experience robust growth between 2017 and 2022.
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The report also profiles companies that are expected to remain active in the expansion of global sports nutrition market through 2022, which include
- Glanbia Plc.
- Abbott Laboratories
- GNC Holdings Inc.
- GlaxoSmithKline Plc.
- Vitaco Health Limited
- Amway Corporation
- ABH Pharma Inc.
- Herbalife International of America Inc.
- Atlantic Multipower UK Ltd.
- Makers Nutrition Llc
- Shaklee Corporation
- Nu Skin Enterprises Inc.
- Vitacost.com Inc.
- USANA Health Sciences Inc.
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Sports nutrition has been an important part of diet, especially for sportsperson and athletes. However, with an increased focus on managing weight and fitness, sports nutrition products are also being largely used by more people other than sportsperson. Manufacturers are also introducing new sports nutrition products in form of bars, powder, drinks with new flavors and natural ingredients. This report, published by Fact.MR, provides in-depth analysis of the global sports nutrition market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global sports nutrition market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports nutrition manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sports nutrition.
The report commences with a brief information of the global sports nutrition market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global sports nutrition market.
The next section offers an overview of the global sports nutrition market. This comprises an introduction to the market, along with a standard definition of the product – sports nutrition. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global sports nutrition market, the report provides updates about market opportunities, which can benefit leading manufacturers of sports nutrition. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for sports nutrition manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
The Fact.MR report offers an in-depth and segment-wise analysis, covering the broad scope of the global sports nutrition market. The report is segmented on the basis of product type, function, distribution channel and region. In this segment-wise analysis, a report also provides country-wise forecast across all the key parameters in sports nutrition market.
The report’s last section comprises of the global sports nutrition market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global sports nutrition market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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