Press release
Sports Nutrition Market - Growth, Statistics, By Application, Production, Revenue & Forecast to 2031
Sports nutrition market
Newly released Future Market Insights (FMI) analysis projects global demand for sports nutrition market to total US$ 19,302.2 Mn in 2021. As per the report, the overall sales of sports nutrition will reach 737,780 MT in the year.
Rising health awareness will cause the demand healthy and nutritional flavored drinks to increase, spurring the sports nutrition market growth. FMI also predicts the demand in the market to rise at an impressive CAGR of 9.3% during the assessment period (2021 - 2031).
With the emergence of online fitness centers and health classes, sales of sports nutrition energy bars and ready to drink sports beverages have spiked tremendously. Manufacturers are therefore entering into alliances with local and regional fitness centers to capitalize on existing opportunities.
Get a Free Sample PDF of Sports Nutrition Market @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12060
Key Takeaways from FMI's Sports Nutrition Market Study
Trend for veganism and healthy lifestyle among fitness enthusiasts will drive the sales of plant-derived ingredient sports nutrition. This segment is expected to hold maximum share in the global market. In terms of nature, organic segment will exhibit higher growth as compared to conventional backed by the rising demand for natural and organic products For B2C, flavored sports nutrition beverages are expected to remain dominant throughout the forecast period Expansion of online fitness and retail channels will spur the sales of sports nutrition, exceeding a valuation of US$ 64.1 Bn by 2031 The U.S. is expected to be the most lucrative market across North America during the assessment period India will emerge as a lucrative market backed by the rising demand for organic sports nutrition products in the country
"Growing prevalence of obesity across the globe is pushing the people to opt for healthy lifestyle. With emergence of online fitness centers and health classes, manufacturers are forging partnerships and alliances with local and regional fitness centers generating lucrative revenues," says the FMI analyst.
Competitive Landscape
Nestlé S.A., Red Bull GmbH, Ajinomoto Co., Inc., Keurig Dr. Pepper, Inc., Nutrabolt, GlaxoSmithKline plc., Optimum Nutrition, Inc., Premier Nutrition Corporation, Biothrive Sciences, Nutrabolt, Now Foods, INC Sports Nutrition, Vitaco Health, and Uelzena Group. among others are some prominent players operating in the sports nutrition market.
Sports Nutrition Market by Category
B2B
By Ingredient Type:
Plant-Derived Ingredient
Soy Protein
Rice Protein
Pea Protein
Potato Protein
Animal Derived Ingredient
Creatine
Milk Protein
Whey Protein Concentrates
Casein
BCAA (Branded Chain Amino Acid)
Blends
By Nature:
Organic
Conventional
B2C
By Function:
Energizing Products
Rehydration
Pre-Workout
Recovery
Weight Management
By Product Form:
Ready-To-Drink
Energy & Protein Bar
Powder
Tablets/Capsules
By Flavour:
Regular
Flavored
Fruit Punch
Berries
Citrus
Chocolate
Vanilla
Others
By Sales Channel:
Modern Trade
Convenience Store
Specialty Store
Pharmacy Store
Online Retail
Other Sales Channel
By Nature:
Organic
Conventional
By Price Range:
Economic
Premium
Region
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
Get more Insights Analysis on this Sports Nutrition Market @ https://www.futuremarketinsights.com/ask-question/rep-gb-12060
Key Questions Answered in the Report
What is the current sports nutrition market value?
The sports nutrition market is expected to exceed US$ 19,302.2 Mn in 2021
At what rate did the sports nutrition market grow between 2016 and 2020?
The sports nutrition market projected steady growth, registering a CAGR at 7.4% between 2016 and 2020.
What are the key trends driving sports nutrition sales?
Rising trend for clean-label and non-GMO products and easy availability of flavored nutritional sports energy drinks and products will increase the sales.
Who are the leading players of sports nutrition?
Nestlé S.A., Red Bull GmbH, Ajinomoto Co. Inc., Keurig Dr. Pepper Inc., Nutrabolt, and GlaxoSmithKline plc., are the top players identified by Future Market Insights.
What will be the demand outlook for North America sports nutrition market?
North America's sports nutrition market demand is set to rise at 10.7% CAGR over the forecast period of 2021 and 2031.
What is the market share of leading players in the sports nutrition market?
The top players in the sports nutrition market will collectively account for 50-55% of global market share in the year 2021.
At what rate will sports nutrition demand rise in Europe?
Demand for sports nutrition across Europe will exhibit healthy expansion at 9.9% CAGR during the forecast period of 2021 and 2031.
Which are the top countries driving the sports nutrition market sales?
Top countries in terms of sports nutrition sales are China, the U.K., the U.S., India and Germany.
What is the current market share of Japan and South Korea in the global Sports nutrition market?
In 2021, South Korea will account for 0.7% of global sports nutrition market share, while Japan will contribute over 0.5% of global market share.
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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