According to the latest report by IMARC Group, titled “Sports Nutrition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global sports nutrition market size reached US$ 44.8 Billion in 2020. On account of the aforementioned factors, the market is expected to grow at a CAGR of 5.07% during 2021-2026. Sports nutrition represents the practices that focus on maintaining a tailored nutrition plan to support the training goals and regime of an individual. Protein powders, sports drinks, dietary supplements, protein bars, etc., are some of the common examples of sports nutrition products. These items aid in replenishing water levels while providing the body with fuel for performing physical activities. They also reduce the effects of injury, fatigue, and delayed recovery while assisting in improving body composition. As a result, sports nutrition products are gaining traction among athletes and non-athletic individuals across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Sports Nutrition Market Trends:
The expanding prevalence of fitness and sports culture is one of the key factors driving the sports nutrition market. Apart from this, the shifting preferences among consumers towards maintaining a healthy lifestyle that helps in sustaining fitness levels while reducing the possibilities of lifestyle diseases are further catalyzing the market growth. Moreover, the growing awareness about the health risks of adding synthetic ingredients in nutritional drinks and supplements is propelling the demand for organic and natural sports nutrition products. Besides this, the rising number of casual or recreational users, professional bodybuilders, and athletes who consume these products is also augmenting the global market. Furthermore, the introduction of lactose-free and vegan alternatives is anticipated to fuel the sports nutrition market over the forecasted period.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/sports-nutrition-market
Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
· The Coca-Cola Company
· Abbott Nutrition Inc.
· PepsiCo Inc.
· Glanbia Plc.
· Reckitt Benckiser Group Plc.
· Yakult Honsha Co. Ltd.
· Post Holdings Inc.
· GNC Holdings
· Clif Bar & Company
· Otsuka Pharmaceutical Co. Ltd.
· Atlantic Multipower UK Limited
· GlaxoSmithKline PLC
· Olimp Laboratories
· Ultimate Nutrition Inc.
· PowerBar Europe GmbH
Breakup by Product Type:
· Sports Food
· Sports Drinks
· Sports Supplements
Breakup by Raw Material:
· Animal Derived
Breakup by Distribution Channel:
· Hypermarkets and Supermarkets
· Convenience Stores
· Drug and Specialty Stores
Breakup by Region:
· North America (United States, Canada)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
· Market Performance (2015-2020)
· Market Outlook (2021-2026)
· COVID-19 Impact on the Market
· Porter’s Five Forces Analysis
· Historical, Current and Future Market Trends
· Market Drivers and Success Factors
· SWOT Analysis
· Structure of the Market
· Value Chain Analysis
· Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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