Press release
Asia-Pacific Sports Nutrition Market Forecast Showing 9% CAGR to 2020
"End users of sports nutrition products comprise athletes, body builders, recreational users and lifestyle users. Athletes accounted for the prominent share of the overall market in 2014. However, the lifestyle and recreational user segments would witness faster growth during 2015-2020, primarily due to increasing mass adoption of sports nutrition products in developing countries such as China and India."Asia-Pacific Sports Nutrition Market is expected to garner $7.8 billion by 2020, registering a CAGR of 9% during the forecast period, 2015-2020.
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The Asia-Pacific sports nutrition market has evolved at a rapid pace over the past few years. The rise in demand of various sports supplements, sports drinks, and sports food among athletes fueled the Asia-Pacific sports nutrition market growth. In addition, people indulged in recreational activities, prefer to use sports supplements. The penetration of sports drinks & sports food is higher in developed countries, such as Japan, Australia, and others. The industry is in its initial phase in China and India. However, it is anticipated to witness a phenomenal growth in upcoming years. At present, Japan is the largest market of sports nutrition, followed by China.
Key Benefits of Asia-Pacific Sports Nutrition Market Report:
o It outlines current and future trends to determine the overall attractiveness and to single out profitable trends in order to gain a stronger foothold in the Asia-Pacific sports nutrition market
o It provides information of key drivers, restraints, and opportunities with their impact analysis during the forecast period
o It offers quantitative analysis of the current market and forecast to highlight the financial appetency in various APAC countries, for the period, 2015-2020
o It includes Porters Five Forces Analysis to illustrate the potency of the buyers and suppliers participating in the industry
o It consists of value chain analysis to provide a clear understanding of the roles of stakeholders involved in the market
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Asic-Pacific Sports Nutrition Market Segmentation
The market is segmented on the basis of product type, end user, distribution channel, and country.
Product Type
o Sports Food
o Sports Drinks
o Sports Supplements
END User
o Bodybuilders
o Athletes
o Recreational Users
o Lifestyle Users
Distribution Channel
o Large Retail & Mass Merchandizers
o Small Retail
o Drug & Specialty Stores
o Fitness Institutions (Fitness centers, Gym & Health clubs)
o Online & others
Country
o China
o Japan
o Australia
o India
o Rest of APAC
Key Players
o Yakult Honsha Co. Ltd.
o Universal Nutrition Corporation
o The Coca-Cola Company
o Glanbia Plc.
o CytoSport Holdings Inc.
o PepsiCo. Inc.
o GNC Holding Inc.
o Suntory Beverage and Food Ltd.
o Herbalife Nutrition
o Otsuka Pharmaceutical Co., Ltd.
Read More: https://www.alliedmarketresearch.com/asia-pacific-sports-nutrition-market
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