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Sports Nutrition Ingredients Market Report 2023-2032 : Market Size, Growth Drivers And Key Trends | Arla Food Ingredients Group P/S, Fonterra Co-operative Group Limited
Sports Nutrition Ingredients Market Report 2023-2032
The Business Research Company's Sports Nutrition Ingredients Global Market Report 2023 identifies Rising demand for dietary supplements as the major driver for the sports nutrition ingredients market's growth in the forecast period. Dietary supplements refer to dietary additions that are typically made up of one or more dietary components, such as vitamins, minerals, herbs, amino acids, and enzymes. The rising demand for dietary supplements increases the demand for sports nutrition ingredients, as they are used to enhance physical activity and athletic performance.
The global sports nutrition ingredients market is expected to grow from $5.39 billion in 2022 to $5.83 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global sports nutrition ingredients market is expected to reach $8.13 billion in 2027 at a CAGR of 8.2%.
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Major competitors in the sports nutrition ingredients market are Arla Food Ingredients Group P/S, Fonterra Co-operative Group Limited, Glanbia Public Limited Company, Kemin Industries Inc., Lactalis Ingredients
A key trend in the sports nutrition ingredients market includes Product innovation. Major players operating in the market are developing innovative products to sustain their position in the sports nutrition ingredients market.
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The sports nutrition ingredients market is segmented -
• By Product: Sports Drinks, Sports Supplements, Sports Food
• By Ingredient: Proteins, Carbohydrates, Vitamins and Minerals, Other Ingredients
• By Distribution Channel: Online Channel, Offline Chanel
• By Application: Bodybuilders, Pro or Amateur Athletes, Recreational Users, Lifestyle User
• By End Use: Sports and Energy Beverages, Protein Powders, Energy and Nutrition Bars, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the sports nutrition ingredients market.
The Business Research Company's "Global Sports Nutrition Ingredients Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Sports Nutrition Ingredients Market Include:
1. Executive Summary
2. Sports Nutrition Ingredients Market Characteristics
3. Sports Nutrition Ingredients Market Trends And Strategies
4. Sports Nutrition Ingredients Market - Macro Economic Scenario
5. Sports Nutrition Ingredients Market Size And Growth
........
26. Africa Sports Nutrition Ingredients Market
27. Sports Nutrition Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Nutrition Ingredients Market
29. Sports Nutrition Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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