Press release
Sports Food Market- Advanced technologies & growth opportunities in global Industry
With the escalating number of health clubs and fitness centers across the world, the global market for sports food is witnessing a substantial rise in its valuation. The increasing popularity of various sports and games among young people is also reflecting positively on this market. In addition to this, the rising awareness among people about health and fitness and nutritional benefits of sports food is likely to propel this market tremendously over the next few years.According to Transparency Market Research (TMR), the opportunity in the worldwide market for sports food is anticipated to reach US$63.70 bn by 2017. The market is expected the further expand at a CAGR of 6.90% between 2017 and 2022 and attain a value of US$88.76 bn by the end of 2022.
Fill the form for an exclusive sample of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30299
Strong Demand for Protein-based and Energy Sports Food
The global market for sports food is broadly evaluated on the basis of the type of the product, distribution channel, and the gender. In terms of the type of product, the market is categorized into protein-based sports food, energy sports food, pre-workout sports food, rehydration sports food, meal replacement sports food, and miscellaneous sports food. The demand for protein-based sports food and energy sports food is relatively higher than their other counterparts.
By distribution channel, the worldwide market for sports food is classified into supermarkets and hypermarkets, convenience stores, drug stores, and online stores. The traditional distribution channels, i.e. supermarkets and hypermarkets, convenience stores, and drug stores have a better consumer base. However, with the increasing penetration of Internet and the rising number of smartphone users, online channels are also expected to pave their path in the near future. On the basis of the gender of consumers, the market is divided into males and females. Currently the males segment has been leading the global market and the trend is anticipated to remain so over the next few years.
Obtain Report Details @
https://www.transparencymarketresearch.com/sports-food-market.html
Strong Growth Rate of Ensure North America’s Dominance
Geographically, the worldwide sports food market reports its reach across North America, Europe, Latin America, Asia Pacific excluding Japan (APEJ), the Middle East and Africa (MEA), and Japan. The current market leader, North America is anticipated to retain its dominance over the forecast period, expanding at a CAGR of 7.70% during the period from 2017 to 2022. The opportunity in the North America market for sports food is likely to reach US$25.35 bn by the end of 2017 and will touch US$36.73 bn by 2022. The increasing number of sports enthusiasts is the key factor behind the remarkable rise of this regional market.
Europe, which has captured the second position in the global market for sports food, is expected to maintain it over the forthcoming years with a rising pool of sports food vendors in this region. Among other regional markets, the Middle East and Africa is projected to offer promising opportunities for growth over the period of the forecast due to the increasing interest of people in fitness activities. The increasing disposable income of people, enabling them to spend on expensive products, is likely to propel the APEJ and the Japan market for sports food in the years to come.
At the forefront of the global sports food market is GlaxoSmithKline Plc, Dr Pepper Snapple Group Inc., General Mills, Red Bull GmbH, GNC Holdings Inc., Monster Beverage Corp., Abbott Laboratories, The Coca-Cola Co., Nestlé S.A., and Glanbia Plc.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Sports Food Market- Advanced technologies & growth opportunities in global Industry here
News-ID: 741649 • Views: …
More Releases from Transparency Market Research- Food and Beverages
Frozen Processed Food Market Growth, Trends and Value Chain 2015-2021 by TMR
The global frozen processed food market is expected to witness a modest growth in the coming year, according to Transparency Market Research (TMR). The market vendors are focusing on aligning the development of their product to cater to the new class of health-conscious population. The market participants are also seen forming collaborations with regional vendors with the primary aim of percolating into local markets. Enterprises are also expected to strategize…
Sports Food Market Global Industry Analysis, Trends and Forecast, 2017-2022
With a large pool of sports food vendors across the world, the global sports food market is demonstrating a highly competitive business landscape, states a new research study by Transparency Market Research (TMR). Dr Pepper Snapple, GlaxoSmithKline, Red Bull, Abbott Laboratories, and Nestlé are some of the leading players in this market. Currently, these companies are relying heavily on innovation for their business growth. Novel products with new flavors and…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
