Press release
Sports Nutrition Market Booming in Asia-Pacific with Key Players- Yalult Honsha Co. Ltd., The Coca-Cola Company, Universal Nutrition Corporation
Sports Nutrition Market
Asia-Pacific Sports Nutrition Market Report, published by Allied Market Research, forecasts that the APAC market is expected to garner $7.8 billion by 2020, registering a CAGR of 9% during the period 2015-2020. In the current market scenario, Japan occupies the largest share of approximately 28%, owing to higher penetration of sports drinks and sports food. China was estimated to be the second largest revenue generating country, followed by
Australia in the Asia-Pacific sports nutrition market in 2014.
Major categories of sports nutrition products include sports drinks, sports supplements and sports food. Sports drinks segment accounted for the largest share of the overall market in 2014, and is anticipated to be the leading contributor throughout the forecast period. Sports food segment would witness a double digit growth during 2015-2020, and would account for a revenue of around $2.3 billion by 2020, owing to increasing demand of products such as protein bars in the mainstream market, comprising recreational and lifestyle users. Demand of sports supplements such as meal replacements, would increase among women and other households, due to increasing consciousness towards personal appearance.
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Large retail and mass merchandize stores accounted for the largest share of 28.7% of the overall sales of sports nutrition products in 2014, closely followed by the small retail format which includes convenience stores, grocery & specialty stores and others. Sale of sports nutrition products through online distribution channel would witness the fastest growth during, 2015-2020. Players operating in the market have adopted attractive promotional and cross selling strategies in order to boost their online sales.
Key Findings of Asia-Pacific Sports Nutrition Market:
• Japan was estimated to be the highest revenue generating country in the Asia-Pacific sports nutrition market in 2014, owing to higher adoption of sports drinks and sports food
• Australia accounted for the largest share of the overall sales of sports supplements in 2014, due to higher percentage of obese population
• Sports food segment would witness a double digit growth during the forecast period, owing to increasing demand among lifestyle users
• China and India would witness the notable growth during 2015-2020, due to increasing adoption of sports nutrition products amongst lifestyle & recreational users
Prominent companies operating in this market include Yalult Honsha Co. Ltd.,
The Coca-Cola Company, Universal Nutrition Corporation, CytoSport Holdings Inc, PepsiCO. Inc., GNC Holding Inc., Suntory Beverage and Food Ltd., Glanbia Plc., Herbalife Nutrition, and Otsuka Pharmaceutical Co. Ltd.,Product launch and acquisition have been the key strategies adopted by players to gain competitive advantage. Moreover, companies have adopted innovative marketing strategies and have focused towards strengthening their distribution channel in order to attract more number of customers
List of Figures
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGIES (PERCENTAGE DISTRIBUTION)
FIG. 4 TOP WINNING STRATEGIES BY CATEGORY
FIG. 5 MARKET PLAYER POSITIONING, 2014
FIG. 6 REVENUE OF OTSUKA HOLDINGS CO. LTD, 2012-2014 ($MILLION)
FIG. 7 REVENUE OF OTSUKA HOLDINGS CO. LTD. BY PRODUCT SEGMENT (%), 2014
FIG. 8 SWOT ANALYSIS OF OTSUKA PHARMACEUTICAL CO., LTD.
FIG. 9 REVENUE OF THE COCA-COLA COMPANY, 2012-2014 ($MILLION)
FIG. 10 SWOT ANALYSIS OF THE COCA-COLA COMPANY
FIG. 11 REVENUE OF GLANBIA PLC., 2012-2014, ($MILLION)
FIG. 12 SWOT ANALYSIS OF GLANBIA PLC
FIG. 13 SWOT ANALYSIS OF UNIVERSAL NUTRITION CORPORATION
FIG. 14 SWOT ANALYSIS OF CYTOSPORT HOLDINGS INC
FIG. 15 REVENUE OF PEPSICO INC., 2012-2014 ($MILLION)
FIG. 16 REVENUE OF PEPSICO INC. BY BUSINESS SEGMENT (%), 2014
FIG. 17 REVENUE OF PEPSICO INC. BY GEOGRAPHY (%), 2014
FIG. 18 SWOT ANALYSIS OF PEPSICO INC.
FIG. 19 REVENUE OF GNC HOLDING INC., 2012-2014 ($MILLION)
FIG. 20 REVENUE OF GNC HOLDING INC. BY GEOGRAPHY (%), 2014
FIG. 21 SWOT ANALYSIS OF GNC HOLDING INC.
FIG. 22 REVENUE OF SUNTORY BEVERAGE AND FOOD LTD., 2012-2014 ($MILLION)
FIG. 23 SWOT ANALYSIS OF SUNTORY BEVERAGE AND FOOD LTD.
FIG. 24 REVENUE OF YAKULT HONSHA CO. LTD., 2013-2015 ($MILLION)
FIG. 25 REVENUE OF YAKULT HONSHA CO. LTD., BY BUSINESS SEGMENT (%), 2015
FIG. 26 REVENUE OF YAKULT HONSHA CO. LTD, BY GEOGRAPHY (%), 2014
FIG. 27 SWOT ANALYSIS OF YAKULT HONSHA CO. LTD.
FIG. 28 REVENUE OF HERBALIFE NUTRITION, 2014 ($MILLION)
FIG. 29 REVENUE OF HERBALIFE NUTRITION, BY PRODUCT SEGMENT (%), 2014
FIG. 30 REVENUE OF HERBALIFE NUTRITION, BY GEOGRAPHY (%), 2014
FIG. 31 SWOT ANALYSIS OF HERBALIFE NUTRITION
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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