The global sports and fitness nutrition market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors providing impetus to market revenue growth include an increase in the number of people interested in self-care, preventative medicine, and fitness. Furthermore, there is a rising risk of serious illnesses such as obesity, diabetes, and heart disease, etc.
Protein powders, isotonic drink powder, capsules/tablets, supplement powder, ready-to-drink protein beverages, carbohydrate drinks, protein bars etc. are some examples of sports nutrition items. Athletes and bodybuilders use these products to help them improve their overall health, performance and muscular growth. Physical exhaustion, injury and delayed recovery can also have an impact on an athlete\'s performance, and these items seek to mitigate those impacts.
Top Companies Operating in the Global Sports and Fitness Nutrition Market Report:
- Glanbia PLC
- PepsiCo Inc.
- MusclePharm Corporation
- The Coca-Cola Company
- Clif Bar Company
- MaxiNutrition,
- Optimum Nutrition
- Hormel Foods Corporation
- Stokely-Van Comp. Inc.
- Yakult Honsha Co. Ltd.
- Abbott Nutrition Inc.
- Otsuka Pharmaceutical Co. Ltd.
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The Sports and Fitness Nutrition market investigation report assesses the global market for the Sports and Fitness Nutrition industry and provides revenue and capability forecasts for the projected period of 2020-2027. The factors that drive the industry's growth are highlighted in the report. The report divides the Sports and Fitness Nutrition market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.
Market Overview:
Food and beverage enterprises are all involved in the processing, packaging, and distribution of raw food materials. Besides drugs, this industry touches every product designed for human consumption, including fresh and packaged meals, alcohol and nonalcoholic beverages, and food and beverages.
Due to the current economic depression caused by the outbreak of Covid-19, consumers are looking for ways to save money. By purchasing generic items and cooking their own meals instead of going out, consumers are doing so in a number of ways. Consequently, food processing companies are becoming more creative in order to lower the cost of goods sold, attract more customers, and increase their profit margins.
Global food and beverage industries have been adversely affected by obesity. As consumers' desires for healthier foods have increased, so has the demand for nutrition information. Both of these changes have led companies to launch lower-calorie foods and tighten control over how their brands are perceived.
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For the purpose of helping readers make profitable business decisions, the report is written with industry analysts, market segmentation, and data collection. In addition to providing detailed information on technical and product advances, this report also discusses market value, growth rates, and niche market segments in detail.
An analysis of the Sports and Fitness Nutrition market has been carried out by segmenting it into key regions and offering information on growth rates, market shares, current and emerging trends, production and consumption ratios, analysis of the industrial chain, demand and supply, imports and exports, revenue contributions, and the presence of key players in each region. To gain a better understanding of the regional spread of and progress of the Sports and Fitness Nutrition market, a country-by-country analysis of the market is provided in the report.
The global Sports and Fitness Nutrition market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Sports Food
- Sports Drinks
- Sports Supplements
Raw Material Outlook (Revenue, USD Billion; 2018-2028)
- Animal Derived
- Plant-Based
- Mixed
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Hypermarkets and supermarkets
- Convenience Stores
- Drug and Specialty Stores
- Online Stores
- Fitness Institutions (Gym Health Clubs)
- Others
End Users Outlook (Revenue, USD Billion; 2018-2028)
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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