Sports Nutrition Powder Recent Industry Developments and Growth Strategies Adopted by Players

Global Food Industry Current Scenario and Outlook

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Sports Nutrition Powder. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Sports Nutrition Powder Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Sports Nutrition Powder market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Sports Nutrition Powder

This newly published and insightful report sheds light on Market Insights of Sports Nutrition Powder, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Sports Nutrition Powder Market.

Delivering targeted nutrition to perform various sports activities, sports nutrition in form of powders, bars, drinks have been popular among athletes and sportspeople. However, nowadays, sports nutrition extends far beyond sportspeople and is also gaining popularity among people moving towards a healthy lifestyle including mass building, weight management. Manufacturers of sports nutrition products are focusing on the new and specialized ingredients that can supply energy and meet the nutrition requirement.

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Manufacturers have started targeting fitness lifestyle users, for whom the key to a high-performance lifestyle is fitness. New appealing flavors are also being introduced, enhancing the taste and maintaining the level of protein. Research is also being conducted to include natural ingredients that are less harmful.

However, the biggest challenge remains for new entrants and startups, as in case of sports nutrition products high-preference is given to the branded and certified products. Hence, to remain competitive, companies are focusing on ingredients, a taste of the products, delivery channels, and other factors.

According to the latest report by Fact.MR, the global sports nutrition market is expected to witness above average growth, registering 5.2% CAGR during the forecast period, 2017-2022. With the growing concern towards healthy lifestyle and fitness, not only serious athletes, but people who are focusing on weight management and mass building have also started consuming sports nutrition products or food in form of bars, powder, etc. Following are the insights on how the global sports nutrition market will perform in the next five years.

5 Key Highlights on Global Sports Nutrition Market

1. North America is expected to be dominant in the global sports nutrition market. The market is estimated to reach close to US$ 4,000 million value by the end of 2022. Increasing participation in sports activities with the development of sports infrastructure and obesity as a significant health concern among people, the sports nutrition market in North America is expected to witness steady growth.
2. Europe is expected to emerge as the second largest market in sports nutrition. The region is anticipated experience above average growth during 2017-2022
3. Powder sports nutrition products are likely to emerge as one of the highly preferred products in sports nutrition. Towards the end of 2017, powder sports nutrition products are expected to gain around two-third of the revenue share on global revenues.
4. With the increasing prevalence of obesity and overweight, weight management is expected to be the most adapted and important approach towards a healthy lifestyle. Hence, sports nutrition will witness high adoption in weight management. Weight management as a function type in sports nutrition is estimated to reach nearly US$ 4,500 million revenue towards the end of 2022.
5. Institutional sales is likely to emerge as one of the biggest distribution channels for sports nutrition. Towards the end of 2022, institutional sales of sports nutrition is projected to bring in nearly US$ 2,700 million revenues. Meanwhile, online stores are also expected to witness significant growth during the forecast period.

The report also provides detailed profiles of leading players in the global market for sports nutrition, which will remain active through 2022. These include companies such as Abbott Laboratories, Glanbia Plc., GlaxoSmithKline Plc., GNC Holdings Inc., Amway Corporation, Vitaco Health Limited, ABH Pharma Inc., Atlantic Multipower UK Ltd., Herbalife International of America Inc., Makers Nutrition Llc., Nu Skin Enterprises, Inc., Shaklee Corporation, USANA Health Sciences, Inc., and Vitacost.com Inc.

Market Taxonomy

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• Market Analysis of Sports Nutrition Powder
• Market Insights of Sports Nutrition Powder
• Key Drivers Impacting the Sports Nutrition Powder market
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More Valuable Insights on Sports Nutrition Powder Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Sports Nutrition Powder, Sales and Demand of Sports Nutrition Powder, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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