Sports Nutrition Market Future Demand 2026 By Major Players GlaxoSmith & Kline Plc, Maximum Human Performance LLC, Glanbia Nutritionals, Optimum Nutrition (ON), Bio-Engineered Supplements and Nutrition, Inc. (BSN), Abbott Nutrition, PepsiCo, Hormel Food C

Sport nutrition helps to enhance the performance of athletes by providing specific type of nutritional food with precise quantity. Sport nutrition products mainly consist of energy supplements, recovery supplements, and performance enhancing supplements. Athletes and bodybuilders are the major end users of sport nutrition products that are enriched in essential nutrients such as carbohydrates, proteins, vitamins, and minerals. Manufactured in convenient forms and compositions, these products are distributed through numerous channels. The sport nutrition market is expected to witness significant growth, owing to increasing sport activities and rise in strategic marketing activities undertaken by key manufacturers to build a larger consumer base. Increasing demand for functional food supplements, fitness awareness among people, and government healthcare campaigns are some of the factors that contribute to growth of the global sport nutrition market over the forecast period.

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North America held a dominant position in the global sports nutrition market, accounting for a share of more than 30% in 2016 and is expected to retain its dominance over the forecast period. The sports nutrition market in North America was valued at US$ 9.53 billion in 2016, projecting a CAGR of 4.39% during the forecast period from 2017 to 2025. U.S. is accounted as the major contributor to the growth of the North America sports nutrition market. According to the National Collegiate Athletic Association (NCAA), in U.S., over 460,000 student athletes compete in more than 2 sports activities every year.

According to a study by Coherent Market Insights, the global sports nutrition market was valued at US$ 27.85 billion in 2016 and is expected to witness a CAGR of 6.64%, in terms of revenue, during the forecast period from 2017 to 2025, to reach US$ 48.87 billion by 2025.

Market Dynamics

The increasing focus on developing sport infrastructure along with the favorable government initiatives to promote sport activities across region is projected to fuel growth of the global sports nutrition market over the forecast period. North America held the largest share in 2016 and is expected to retain its dominance over the forecast period. This is mainly due to large presence of manufacturers of sport nutrition products in the region. However, Asia Pacific is expected to witness the fastest growth rate during the forecast period, owing to increasing fitness awareness fuelled by rapid adoption of the western culture in emerging economies such as India and China among others. This in turn, is projected to fuel demand for sport nutrition products in the region during the forecast period. Owing to increasing utilization of functional sport drinks as a readily available instant source of energy, sport drinks segment is expected to hold dominant position in the global sports nutrition market over the forecast period.

Key features of the study:

This report provides in-depth analysis of sports nutrition and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global sports nutrition market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology upgrade, market expansion, and marketing tactics

The global sports nutrition market report caters to various stakeholders in this industry including investors, suppliers, sports nutrition manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the sports nutrition market

Detailed Segmentation:

Global Sports Nutrition Market, By Product Type:
Sport Drinks
Isotonic Drinks
Hypertonic Drinks
Hypotonic Drinks
Sport Foods
Energy Bars
Protein Bars
Sport Supplements

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Major Players in the Global Sports Nutrition Market -

The major players operating in the global sports nutrition market include GlaxoSmith & Kline Plc, Maximum Human Performance LLC, Glanbia Nutritionals, Optimum Nutrition (ON), Bio-Engineered Supplements and Nutrition, Inc. (BSN), Abbott Nutrition, PepsiCo, Hormel Food Corporation, and GNC Holdings Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.