Press release
Sports Nutrition Market Insights 2020 - Worldwide Industry Players Are PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., the Coca-Cola Company, Abbott Nutrition Inc., Otsuka Pharmaceutical Co. Ltd
The latest report on the global sports nutrition market suggests a positive growth rate in the coming years. Analysts have studied the historical data and compared it with the current market scenario to determine the trajectory this market will take in the coming years. The investigative approach taken to understand the various aspects of the market is aimed at giving the readers a holistic view of the worldwide sports nutrition market. The research report provides an exhaustive research report that includes an executive summary, definition, and scope of the market.Sports nutrition was earlier considered as a meal plan, especially for people indulging in sports. However, due to changing lifestyles, sports nutrition has been widely accepted.
Sports nutrition has gained popularity due to the demand from regular exercisers to boost their workout. Moreover, sports meals are consumed as an alternative to normal meals, as they are quick to make, healthier, and easily available.
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Increasing demand for different sorts of protein bars, caffeinated beverages, and dietary enhancements among muscle heads and competitors is one of the key elements stirring the development of the market. Rising disposable income and quick pace of urbanization have additionally been pushing the market.
Among product types, the supplements segment is leading the market, as supplements are easily and quickly processed and absorbed by the body.
The growing consciousness among people to stay fit is driving the sports nutrition market. Furthermore, vegans and elderly populaces have also been consuming sports nutrition to fulfil their nutritional requirements. However, the ban on certain ingredients, such as taurine, sibutramine, etc., can limit the growth of the sports nutrition market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. PepsiCo Inc.
2. Glanbia Plc.
3. Reckitt Benckiser Group Plc.
4. Yakult Honsha Co. Ltd.
5. the Coca-Cola Company
6. Abbott Nutrition Inc.
7. Otsuka Pharmaceutical Co. Ltd.
8. GlaxoSmithKline PLC
9. Olimp Laboratories
10. Ultimate Nutrition Inc.
11. PowerBar Europe GmbH
12. Paragon Laboratorie
13. ABC Nutrition Ltd
14. Makers Nutrition
15. Future Nutrition
Key Factors Impacting Market Growth:
-Growing awareness among the people about a healthy diet and fitness
-Increase in health clubs and fitness centres
-Adverse effects of some ingredients can hamper the market
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Regional segmentation and analysis to understand growth patterns:
North America, Asia Pacific, and Western Europe are estimated to be major regions for the sports nutrition market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the sports nutrition market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.
Asia Pacific is estimated to be one of the fastest-growing markets for sports nutrition during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of the sports nutrition market. The Middle East and the rest of the World are estimated to be emerging regions for the sports nutrition market during the forecast period
Market Segmentation:
By Product Type:
Foods
Drinks
Supplements
By Distribution Channel:
Retail Stores
Drug Stores
Fitness Institutions
Online
By End User:
Bodybuilders
Athletes
Lifestyle Users
By Region:
North America
By Country (US, Canada, Mexico)
By Product Type
By Distribution Channel
By End User
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product Type
By Distribution Channel
By End User
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product Type
By Distribution Channel
By End User
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product Type
By Distribution Channel
By End User
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Product Type
By Distribution Channel
By End User
Rest of the World
By Region (South America, Africa)
By Product Type
By Distribution Channel
By End User
Reasons to Buy This Report:
Market size estimation of the sports nutrition market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
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