Sports Nutrition Market - Size, Research, Trends, Share and Forecast till 2025

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Global Sports Nutrition Market- Size, Share,
Rezsearch, Trends and Forecast till 2025

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REPORT DESCRIPTION
Global Sports Nutrition Market insights
Sport nutrition helps to enhance the performance
of athletes by providing specific type of
nutritional food with precise quantity. Sport
nutrition products mainly consist of energy
supplements, recovery supplements, and
performance enhancing supplements. Athletes and
bodybuilders are the major end users of sport
nutrition products that are enriched in essential
nutrients such as carbohydrates, proteins,
vitamins, and minerals. Manufactured in
convenient forms and compositions, these products
are distributed through numerous channels. The
sport nutrition market is expected to witness
significant growth, owing to increasing sport
activities and rise in strategic marketing
activities undertaken by key manufacturers to
build a larger consumer base. Increasing demand
for functional food supplements, fitness
awareness among people, and government healthcare
campaigns are some of the factors that contribute
to growth of the global sport nutrition market
over the forecast period. However, ingredients
used in sport nutrition products are imposed with
stringent regulations, which is major factor
hindering growth of the market. Such regulations
are a key challenge for manufacturers to launch
their products in a competitive market. The Food
and Drug Administration (FDA) has stringent
guidelines and regulations regarding entry of
nutritional products in the market such as ban on
ingredients such as anabolic steroids,
prohormones, and stimulants.
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REPORT DESCRIPTION
North America held a dominant position in the
global sports nutrition market, accounting for a
share of more than 30 in 2016 and is expected to
retain its dominance over the forecast period.
The sports nutrition market in North America was
valued at US 9.53 billion in 2016, projecting a
CAGR of 4.39 during the forecast period from
2017 to 2025. U.S. is accounted as the major
contributor to the growth of the North America
sports nutrition market. According to the
National Collegiate Athletic Association (NCAA),
in U.S., over 460,000 student athletes compete in
more than 2 sports activities every year. Asia
Pacific is expected to be the fastest growing
region, witnessing the highest CAGR of 8.21
during the forecast period. Countries such as
China, Japan, South Korea, Malaysia, and India,
are the major contributors to the growth of the
market. Owing to the strengthening economic
condition of the emerging economies in the region
such as India and China among others,
international manufacturers operating in the
sports nutrition market and its subsequent
industries are looking to penetrate this region
for better expansion opportunities. For instance,
in 2017, Roquette, a global leader in innovative
plant-based ingredients, opened new offices and
an innovation center in Singapore, thereby,
increasing its focus on the nutritional and
health challenges in the region. Request Sample
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REPORT DESCRIPTION
According to a study by Coherent Market Insights,
the global sports nutrition market was valued at
US 27.85 billion in 2016 and is expected to
witness a CAGR of 6.64, in terms of revenue,
during the forecast period from 2017 to 2025, to
reach US 48.87 billion by 2025. Major Players
in the Global Sports Nutrition Market - The
major players operating in the global sports
nutrition market include GlaxoSmith Kline Plc,
Maximum Human Performance LLC, Glanbia
Nutritionals, Optimum Nutrition (ON),
Bio-Engineered Supplements and Nutrition, Inc.
(BSN), Abbott Nutrition, PepsiCo, Hormel Food
Corporation, and GNC Holdings Inc. Key players
are strategically investing in the sports
nutrition market to enhance their product sales
through business strategies. For instance, in
2016, Maximum Human Performance (MHP) has
introduced an all-new pro athlete team to
showcase its revitalized flagship brand to young
athletes across the globe, which is launched
along with MHPs fully transparent new
formulations. Request Customization Of Research
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ight/request-customization/1018
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