Sports Supplements Market is Anticipated to Grow from US$ 7,396.2 Mn in 2014 to US$ 13,579.4 Mn by 2021

Sports supplements are products that are specially formulated for sportspersons to fulfill special nutritional requirements. Such products include pre-workout, post-workout, and sports drinks and food. Ingredients in nutrition 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 nutritious diet consumption is a major trend propelling the sports supplements market. To understand and assess opportunities in this market, the report is categorically split into three sections, namely market analysis by product, distribution channel, and region. The report analyzes the global sports supplements market in terms of market value.

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The report starts with an overview of the global sports supplement market and usage of these products across the globe. PMR covers the global sports supplements market performance in terms of revenue and consumption. It includes PMR’s analysis of key trends, drivers, and restraints from supply and demand perspectives. Impact analysis of key growth drivers and restraints, based on the weighted average model is included as well, to better equip clients with crystal clear decision-making insights.

The report further analyzes the market on the basis of application and presents market size in terms of value during the forecast period (2015-2021).

The sports supplements market is segmented as follows:

By Product
By Distribution Channel
By Region
The next section of the report analyzes the market on the basis of products and presents the market size in terms of value during the forecast period.

On the basis of product the market is segmented into:

Protein Products
Powder
Bars
Ready-to-Drink
Non-Protein Products
Amino Acids
Beta-Alanine & L-Carnitine

The protein products segment accounted for 73.0% share of the overall sports supplements market in 2014, followed by non-protein products. The sports supplements market is mainly driven by factors such as increasing number of gym-goers and recreational users. Owing to increasing consumer preference for convenience and packaged food, confectionery products such as bars and snacks are being produced using ingredients such as proteins, sugars, and other nutrients. These bars are marketed as compact nutrition products.

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The following section analyzes the market on the basis of distribution channels and presents market size in terms of value during the forecast period.

On the basis of distribution channel the market is segmented as follows:

Health Food Stores
Supermarkets
Fitness Clubs
Pharmacies & Drug Stores
Online

Of the aforementioned segments, the online segment is expected to expand at the highest CAGR of 10.1% during the forecast period. However, the health food stores segment is expected to dominate the sports supplements market in terms of contribution, accounting for 31.8% share of the overall market by 2021.

The section that follows analyzes the market on the basis of region and presents market size in terms of value during the forecast period.

Regions covered in the report include:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
The Middle East & Africa

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This release was published on openPR.