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Asia-Pacific Sports Nutrition Market is Expected to Reach $7.8 Billion by 2020 | Key Players Yalult Honsha, The Coca-Cola Company, Universal Nutrition Corporation, CytoSport Holdings, PepsiCO

06-17-2019 05:36 AM CET | Sports

Press release from: Allied Market Research

Asia-Pacific Sports Nutrition Market

Asia-Pacific 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.

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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.

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

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Sports Nutrition Market Segmentation
The market is segmented on the basis of product type, end user, distribution channel, and country.

Product Type
• Sports Food
• Sports Drinks
• Sports Supplements

End User
• Bodybuilders
• Athletes
• Recreational Users
• Lifestyle Users

Distribution Channel
• Large Retail & Mass Merchandizers
• Small Retail
• Drug & Specialty Stores
• Fitness Institutions (Fitness centers, Gym & Health clubs)
• Online & others

Country
• China
• Japan
• Australia
• India
• Rest of APAC

Key Players
• Yakult Honsha Co. Ltd.
• Universal Nutrition Corporation
• The Coca-Cola Company
• Glanbia Plc.
• CytoSport Holdings Inc.
• PepsiCo. Inc.
• GNC Holding Inc.
• Suntory Beverage and Food Ltd.
• Herbalife Nutrition
• Otsuka Pharmaceutical Co., Ltd.

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About Us
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-scale 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 right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies 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 intelligence support to help clients transform into a prominent business firm.

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