MarkNtel Advisors recently published a detailed industry analysis of the Global Sports Nutrition Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Sports Nutrition Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2026
The Sports Nutrition Market the market is expected to grow at a CAGR of around 9% during (2021-26). The market growth is primarily due to rising awareness regarding physical fitness among the consumers coupled with increasing disposable income that aids the purchasing rate of nutrition products. The surge in the number of gyms and fitness centers endorsing sports nutrition products has boosted the growth of the sports nutrition market. Further, mounting demand for various kinds of protein bars, energy drinks, and dietary supplements among the consumers to enhance their physical health is one of the major factors driving the growth of the Global Sports Nutrition Market.
What are the major Driver the Sports Nutrition Market ?
Lifestyle Changes bolstering the Market Growth- There is an increase in inclination towards leading a healthy lifestyle owing to urbanization & lifestyle changes. Thus, this fuels the participation of more consumers in sports clubs and gyms. Furthermore, the continuous need for adding adequate nutritional content to daily diet due to rising health concerns also contributes to the lucrative growth of the global sports nutrition market.
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What segments define the Global Sports Nutrition Market from 2021 to 2026? How do these segments contribute to market dynamics and growth?
By Product Type
- Protein Powder
- Iso Drink Powder
- Supplement Powder
- Protein Bars
- Carbohydrate/Energy Bars
- Carbohydrate Drinks
- Tablets/Capsules
- RTD Protein Drinks
- Iso Drinks
- Other Supplements
By Raw Material
- Animal Based
- Plant Based
- Mixed
By End User
- Athletes
- Body Builders
- Lifestyle Users
- Recreational Users
By Distribution Channel
- Pharmacies/Drug Stores
- Supermarkets/Hypermarkets
- Departmental/Retail Stores
- Direct Selling
- E-Commerce
- Fitness Institutions
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Geographical Analysis: Global Sports Nutrition Market
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Impact of COVID-19
Due to the Covid-19 pandemic, all nations have implemented crucial measures, such as lockdowns and public places shutdowns, to slow the spread of the virus. It resulted in the complete closure of sports clubs, gyms, and fitness centers, thereby adversely affecting the sales of sports nutrition products.
However, there is a surge in the popularity of sports nutrition products with an increased inclination towards immune-strengthening to prevent the COVID-19, leading to fuel the market growth over the forecast timeline.
Global Sports Nutrition Market Share & Competitive Landscape:
The Sports Nutrition Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Sports Nutrition Market are:
- Pepsi Co, Inc.
- GlaxoSmithKline PLC
- The Coca-Cola Company
- Abbott Laboratories Inc
- Reckitt Benckiser Group plc
- Otsuka Holdings Co, Ltd.
- Clif Bar & Company
- Glanbia Plc.
- Optimum Nutrition
- Hormel Foods Corporation
- Post Holdings, Inc.
- GNC Holdings Inc.
- YAKULT
- Multipower
- MusclePharm Corporation
Questions Addressed in this Study
1.What factors are driving the Global Sports Nutrition Market growth?
2.How is the Global Sports Nutrition Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Sports Nutrition Market?
4.What is the current size of the Global Sports Nutrition Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Sports Nutrition Market in terms of technological advancements and market expansion?
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Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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