Press release
Global Sports Food Market to Exhibit 6.90% CAGR with Increasing Heath Awareness | Nestle S.A, Glanbia Plc, Abbott Laboratories, Coca-Cola Company, Monster Beverage Corp, Red Bull GmbH
Sports foods are specially formulated to help people achieve specific nutritional or sporting performance goals. They are intended to supplement the diet of sports people rather than be the only or main source of nutrition. These products are regulated under Standard 2.9.4 – Formulated supplementary sports foods.Primarily driven by growing health consciousness among consumers worldwide, the Sports Food industry is thriving at a rapid pace. A sizeable population is inclining more toward nutritional products, such as sports drinks, foods, and supplements. In terms of revenues, the global Sports Food market reached a value of US$ 63.7 bn by 2017, and is expected to attain a value of US$ 103 Bn by the end of 2025. Attributed to burgeoning popularity of nutritional products in developed as well as developing regions, the global Sports Food market will expand at a strong CAGR of 9.2% over the forecast period, 2018-2025.
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Key Market Dynamics:
Sports nutrition comprises sports drinks and sports food. Sports drinks holds the major market share in sports nutrition market and sports food is expected to witness a significant growth in the near future. This is attributed to increasing availability of these products across online market, supermarket and departmental stores. Sports food consist energy bar, protein bar and nutritional powder. Understanding the need of sports food market, companies are now coming with variety of supplement powder and bars in sports food market. Owing to busy life it is easy to get proper nutrients for the sports persons in a single product. Carbohydrates and protein foods are very popular in sports food market. Soya and whey are major provider of protein in sports food market. Demand for sports food products has made the sports nutrition market flourish and it is also expected to have high growth during next couple of years.
Key Market Players:
Some of the leading players operating in the global Sports Food market include Nestle S.A, Glanbia Plc, Abbott Laboratories, Coca-Cola Company, Monster Beverage Corp, Red Bull GmbH, GNC Holdings Inc, General Mills, GlaxoSmithKline Plc, Dr Pepper Snapple Group, Inc
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Protein Sports Food, Energy Sports Food, Miscellaneous Sports Food, Pre-workout Sports Food, Rehydration Sports Food, Meal replacement Sports Food, Others
The market is also benefiting substantially from innovation and efficient product development by sports food vendors. The mass marketing strategies has made sports food easily available, which is leading to a high awareness level of consumers pertaining to the benefits of sports food. Several other macro-economic factors, such as the augmenting employment and the rising disposable income levels are also projected to influence the global market for sports food indirectly in the near future, states the report.
Rising Disposable Incomes Accelerating Growth of Food Sports Market:
Other macro-economic factors like increase in disposable incomes and the surging employment of people and their interest and involvement in sports is likely to boost the future market of sports food in the future.
The increase in the number of sports activities and global level competition like that of summer and winter Olympics is another important factor boosting the market for sports food all around the world. Fitness and health cautious people are also more into consumption of sports food and their preference is generating more revenue into the market in the long run.
Table of Contents -
Global Sports Food Market Research Report
Chapter 1 Sports Food Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Sports Food Market Forecast 2026
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