Sports Nutrition Market could be worth US$ 41,683.5 Million by 2028, Says Premium Market Insights

Sports Nutrition Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Sports Supplements, Sports Food, Sports Drinks, and Others), Formulation (Powder, Tablets, Capsules, and Others), and Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Specialty Stores, and Others) The sports nutrition market is expected to grow from US$ 41,683.5 million in 2021 to US$ 72,178.2 million by 2028; it is expected to grow with a CAGR of 8.2% from 2022 to 2028.

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Competitive Landscape: Sports Nutrition Market:
The increasing prevalence of obesity and the rising consumer base of sports nutrition products are the major factors boosting the market.
In the global census undertaken by the International Federation of Association Football (FIFA), a sport's governing body, there were 265 million individuals who play football, along with more than 5 million referees, which equates to 4% of the global population. Similarly, the Federation of International Basketball Associations (FIBA) estimated that at least 450 million people in the world play basketball, either recreationally or through structured competitions. The number of people participating in recreational sports, including high-impact sports such as tennis or soccer, is increasing in Western countries. According to a study published by the National Federation of State High School Associations (NFHS), the participation of high school boys in the US in soccer, wrestling, and tennis surged significantly during 2018?2019. According to the same study, sports participation in schools in the country was at its peak in the said academic year for the first time in the past 30 years. According to a study published by Stanford Children's Health in 2020, ~30 million children and teenagers participate in sports annually in the US. Nevertheless, sports are popular among people of all generations. Such an increase in participation in sports is projected to contribute to the growth of the sports nutrition market

Glanbia Plc
PepsiCo Inc.
The Coca-Cola Company
LOVATE HEALTH SCIENCES
Clif Bar & Company.
BULK POWDERS
Abbott
Yakult Honsha Co., Ltd.
MUSCLEPHARM CORPORATION
GNC HOLDINGS INC
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Chapter Details of Sports Nutrition Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Sports Nutrition Market Landscape
Part 04: Sports Nutrition Market Sizing
Part 05: Sports Nutrition Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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This release was published on openPR.