Press release
Global Sports Supplements Market is Expected to Witness Significant Growth of US$ 13,579.4 Million by 2021
Sports Supplements Market
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3034
Sports supplements are products specifically designed to meet nutritional needs of sportspersons. Ingredients in such products primarily include vitamins, minerals, amino acids, proteins, and other botanical ingredients. Increasing consumer inclination towards the maintenance of a healthy lifestyle via physical activity and a nutritious diet is a major trend driving the sports supplements market.
Currently, the sports supplements market across the world is principally driven by factors such as increasing health consciousness among consumers, product promotions through fitness shows, and the introduction of innovative products. However, factors such as high costs, lack of proper regulations, preference for local brands, and lack of consumer awareness about product quality and safety are expected to restrain market growth. The global sports supplements market is projected to expand at a CAGR of 9.1% from 2015 to 2021, to account for US$ 13,579.4 Mn by 2021.
On the basis of product, the sports supplements market has been segmented into protein and non-protein products. The protein product segment is expected to account for the highest market share. Protein products are further sub-segmented as powders, bars, and ready-to-drink products. Among the protein sub-segment, a powder is expected to account for 61.1% market share by 2015 end, and register a moderate CAGR of 9.3% in terms of value, during the forecast period (2015–2021). The protein bar sub-segment accounted for 15.4% market share in 2015 but is expected to register the highest CAGR of 9.9% during the forecast period.
On the basis of a distribution channel, the market is segmented into health food stores, supermarkets, fitness clubs, pharmacies & drug stores, and online. The health food stores segment is expected to account for 32.4% market share by 2015 end. The segment is expected to expand at CAGR of 8.7% during the forecast period. Increased penetration of e-commerce is expected to drive the growth of the online segment, registering a CAGR of 10.1% during the forecast period.
The report provides detailed information about various trends driving each segment and offers analysis and insights into the potential of the sports supplements market in specific regions. On the basis of region, the market is segmented into six regions. North America is expected to dominate the market with 33.5% market share by the end of 2015, and register the highest CAGR of 7.6% during the forecast period. However, with increasing demand for sports supplements in Western Europe, this region is expected to register a CAGR of 10.3% followed by Eastern Europe at 9.1% during the forecast period.
Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/sports-supplements-market/toc
Key players in the global sports supplements market include NBTY, Inc., MaxiNutrition, Glanbia Plc, GNC Holdings, Inc., Universal Nutrition, Creative Edge Nutrition, Inc., Herbalife Ltd., Plethico Pharmaceuticals Limited, Enervit S.p.A. and Scitec Nutrition.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/3034
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.
PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Sports Supplements Market is Expected to Witness Significant Growth of US$ 13,579.4 Million by 2021 here
News-ID: 569363 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
