Development in sports activities and Rising obesity rate will augment the Sports nutrition Market
Published | 25 February 2019
Nutritional supplements are the concentrated source of nutrient with the nutritional value or physiological effect that supplements the normal diet. The increasing problem of chronic diseases, geriatric population, and rising incidence of sedentary diseases increase the usage of nutrient supplement on regular basis.
Moreover, increasing number of gyms and health & fitness centers across the world that is involved in the marketing of these nutritional products is the key driving factors along with favorable government initiatives towards health promotion are anticipated to foster the growth of the sports nutrition market over the coming years. Furthermore, the widening base of the health-conscious population, rapidly growing urbanization, and increasing disposable income of households are among the key trends boosting the growth of the market. Also, the huge demand for various kinds of protein bars, energy drinks, and dietary supplements among bodybuilders and athletes is another key factor fuelling the growth of the market.
According to an upcoming report by BlueWeave Consulting, “Global Sports Nutrition Market, by Product Type, by Content, by End-user, by Distribution Channel, by Region, Growth Potential, Competitive Market Share and Forecast, 2015-2025” - The global sports nutrition market is expected to witness healthy growth in the forecast period.
Drink segment witnesses Higher Demand of the overall Sports nutrition market during the forecast period.
Sports supplements are segmented in the form of powder, drink, capsules& tablets, and energy bars. Amongst the major types of products, the sports drink is anticipated to hold the largest share in the global sports nutrition market over the forecast period. Due to the presence of a large number of competitive players results in greater availability of these drinks in the market. Increasing health clubs and fitness centers have created a huge market potential for the growth of these products. The growing demand and easy availability are expected to propel the drink market in coming years. Additionally, the creative advertising activities by key players are expected to augment the demand for sports drinks in the coming years.
Huge Demand from Sports Participant drives the overall sports nutrition market.
By end user, the market is segmented by recreational users, lifestyle users, bodybuilders, and athletes. Athletes and bodybuilders are the prime consumers of sports nutrition products. However, the market is benefited from the rise in the number of recreational and lifestyle users also. The dominance of this segment is expected to continue over the forecast period, owing to the increasing number of sportspersons, such as athletes, weightlifters, and bodybuilders. In addition, an increase in the number of sportspeople supported by an immense rise in national and international sports events is also expected to fuel this market within the forecast period.
Specialty stores are more preferred by the consumer as these are more trusted leads to the dominance in the distribution channel of the sports nutrition market
Rising number of specialty stores such as Walmart, GNC, and Vitamin Shoppe are playing a vital role in the dominance specialty stores owing to better brand reputation and wider distribution. Currently, specialty stores are introducing newer ways to attract customers, which in turn is contributing to the growth of the segment. These stores are focusing on holistic solutions, which include consultation, and services.
North America accounts the largest share of the global sports nutrition market during the forecast period.
On the basis of the region, the cheese market has been segmental into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America was the leading revenue contributor in the market owing to the growing health awareness, increasing number of gyms and health & fitness centers, and changing consumer preferences for nutritional products are some of the primary growth stimulants for the market in the region. Thus, the presence of both small and large industry players has been bolstering product availability and enhancing penetration of these products in this region
The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global sports nutrition Market size & forecast. The report promises to provide state-of-the-art technology of mouthwash production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.
Global Contact: +1 866 658 6826
Recent Press Releases
- India Air Purifier Market is Projected to Reach USD 565.67 Million by 2027, Growing at a CAGR of 34.42% During 2021-2027
- Navigation Satellite System (NSS) Market will influence by growing its application in military and aviation industry
- Global Bio-Based Polymers Market is Forecast to Touch USD xx Billion by 2027, Growing at a CAGR of xx % During 2020 to 2027
- Worldwide developing industrialization and water contamination due to inappropriate discharge of water is Fueling to grow the Anion Industry
- The global High-Performance Alloys Market projecting a CAGR of 4.60% during the forecast period, 2020-2026.
- Artificial Intelligence & Advanced Machine learning market is expected to grow at a CAGR of 37.95% from 2020-2026