DUBLIN, November 24, 2022 /PRNewswire/ — Added the Sports Nutrition Global Market Report 2022 ResearchAndMarkets.com Offer.
This report provides strategists, marketers and executives with the crucial information they need to assess the global Sports Nutrition market.
This report focuses on the rapidly growing sports nutrition market. The report provides a guide to the sports nutrition market that will shape and transform our lives over the next decade and beyond, including how markets will respond to the challenge of the global pandemic.
The global sports nutrition market is expected to continue growing $32.69 billion in 2021 to $35.65 billion in 2022 at a compound annual growth rate (CAGR) of 9.05%.
The growth is largely due to businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, teleworking and the resulting commercial closures Activities had resulted in operational challenges. The market is expected to reach $51.02 billion in 2026 at a CAGR of 9.38%.
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Major Players in Sports Nutrition Market are Glanbia Plc., PepsiCo Inc., Clif bar & Company, Musclepharm, Abbott Nutrition Inc., Post Holdings Inc., The Coca-Cola Company, BA Sports Nutrition, The Bountiful Company, Otsuka Pharmaceutical Co. Ltd., Iovate Health Sciences International Inc., GlaxoSmithKline PLC, Universal Nutrition, Ultimate Nutrition Inc., PowerBar, Atlantic, GNC Holdings, Reckitt Benckiser Group Plc., The Hut.Com Ltd., Cardiff Sports Nutrition Limited, PacificHealth Laboratories, GNC Holdings, Post Holdings, Maxi Nutrition, Herbalife Nutrition, Momentous, Klean Athlete and Creative Edge Nutrition.
The sports nutrition market consists of the sale by companies (organizations, partnerships and sole proprietorships) of sports nutrition products that serve to enhance nutritional value for consumers involved in sporting activities. Sports nutrition refers to an area of sports medicine that helps athletes keep their bodies in good condition before, after, and during exercise to perform at their best. In this regard, many nutrients are being studied for their ability to improve athletic performance, particularly in high-intensity sports involving repetitive effort.
The main types of sports nutrition covered in this report are: protein powder; ISO beverage powder; sports supplements; RTD protein drinks; sports drinks; energy bars. Protein powders are powdered proteins derived from plants, eggs, or milk. The ISO drink powder is an amino acid that supports cardiovascular health, electrolyte balance, insulin sensitivity and other functions. Sports supplements are powders, pills, or drinks used to increase muscle mass, decrease weight, or increase endurance.
RTD protein drinks average 7-8% standard protein, which is made from milk protein or whey protein isolate. Sports drinks restore glucose and electrolytes lost during intense physical activity while increasing endurance. Energy bars are considered a practical snack for on the go, which provides a quick boost of energy. Based on the raw materials, the market is segmented into the following: animal origin; plant-based; and mixed.
The various sales channels are supermarkets/hypermarkets; specialty shops; convenience stores; online stores; other distribution channels. The major end users of sports nutrition products are commercial; bodybuilders; recreational users; and athletes.
North America was the largest region in the sports nutrition market in 2021. Asia Pacific is expected to be the fastest growing region during the forecast period. The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, middle East and Africa.
The growing awareness of fitness and an active life is driving the growth of the sports nutrition market significantly. The growing awareness of fitness and active living is increasing the propensity for sports and fitness activities, and therefore the consumption of sports nutrition products.
Increasing awareness of fitness is driving consumers to search for appropriate and nutritious supplements. According to the IHRSA (International Health, Racquet & Sportsclub Association) Health Club Consumer Report 2020, the number of visits to a gym by Americans increased by 45% between 2010 and 2019. In 2019, about one in four Americans attended a fitness club, gym, or studio.
This growing interest in joining health clubs stems from a greater understanding of the need to stay fit and maintain an active lifestyle. Therefore, the increasing awareness of fitness and an active life is expected to drive the growth of the sports nutrition market.
Product innovation is a key trend gaining popularity in the sports nutrition imaging market. Large companies operating in the sports nutrition sector focus on developing innovative products to strengthen their position.
The Countries Covered in Sports Nutrition Market Report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South KoreaGreat Britain, United States of America.
Main topics covered:
2. Characteristics of Sports Nutrition Market
3. Sports Nutrition Market Trends and Strategies
4. Effects of COVID-19 on sports nutrition
5. Sports Nutrition Market Size and Growth
5.1. Global Historical Sports Nutrition Market, 2016-2021, US$ Billion
5.1.1. drivers of the market
5.1.2. restrictions in the market
5.2. Global Sports Nutrition Forecast Market, 2021-2026F, 2031F, Billion US$
5.2.1. drivers of the market
5.2.2. restrictions in the market
6. Sports Nutrition Market Segmentation
6.1. Global Sports Nutrition Market, Segmentation by Type, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
ISO beverage powder
RTD protein drinks
6.2. Global Sports Nutrition Market, Segmentation by Commodity, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
6.3. Global Sports Nutrition Market, Segmentation by Distribution Channel, History and Forecast, 2016-2021, 2021-2026F, 2031F, US$ Billion
6.4. Global Sports Nutrition Market, Segmentation by End-User, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
7. Regional and country analysis of Sports Nutrition Market
7.1. Global Sports Nutrition Market Split by Region, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
7.2. Global Sports Nutrition Market Split by Country, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
For more information about this report, visit https://www.researchandmarkets.com/r/uwpf3
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