Sports Nutrition Market: Opportunity Analysis and Industry Forecast up to 2031

Market Taxonomy

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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Scope

The scope of Fact.MR’s report is to analyze the global sports nutrition market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports nutrition manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sports nutrition.

Summary

The report commences with a brief information of the global sports nutrition market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global sports nutrition market.

Overview

The next section offers an overview of the global sports nutrition market. This comprises an introduction to the market, along with a standard definition of the product – sports nutrition. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global sports nutrition market, the report provides updates about market opportunities, which can benefit leading manufacturers of sports nutrition. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for sports nutrition manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

The Fact.MR report offers an in-depth and segment-wise analysis, covering the broad scope of the global sports nutrition market. The report is segmented on the basis of product type, function, distribution channel and region. In this segment-wise analysis, a report also provides country-wise forecast across all the key parameters in sports nutrition market.

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.