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Sports Food Market - Industry Insights by Type, Distribution Channel, Key Trends and Growth Factors Forecast to 2022

01-15-2018 05:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Market Research

Sports Food Market - Industry Insights by Type, Distribution

The global sports food market is expected to grow at a CAGR of 9.2% forecast to 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market.

Get a free sample of this research report: https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample

The global sports food market has been growing due to factors, such as surging urbanization and growing numbers of fitness centers and health clubs. The consumers in the sports nutrition market tend to move from tastier sports foods to healthier ones. During the course of their purchase of sports food, the consumer keenly looks for the ingredients involved.

The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to concentrate on the sugar content in their product offering. The demand for bars with organic ingredient has grown significantly, especially in the developed countries.

The current trend in most of the developed countries highlights consumers switching from cereal and snack bars to energy and protein bars, owing to health benefits imparted by them. Earlier, sports foods were mostly consumed by the athletes and body builders. However, now-a-days, the non-athlete consumer group, especially the younger demographic profile people are also consuming them, owing to healthy profile of sports foods, as compared to the snack bars or chocolates consumed by them.

Explore report at: https://www.psmarketresearch.com/market-analysis/sports-food-market

The developed countries such as the U.S. and countries in Europe, still remain major markets for sports food products; however the emerging economies in Asia-Pacific are expected to be major growth drivers for the market.

Make enquiry before buying the report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=sports-food-market

The major companies operating in the global sports food market include Nestle S.A., Clif Bar & Company, Glanbia Plc, Abbott Laboratories, PepsiCo Inc., GNC Holdings Inc., The Coca Cola Company, Universal Food, GlaxoSmithKline Plc, and MusclePharm Corporation.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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