Sports Nutrition Market

XPLREP5021
September, 2019
170 Pages
Nutraceuticals

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Call for “Healthy Mind, Healthy Body” Amidst Covid-19 to Drive the Sports Nutrition Market

As per a report available on XploreMR, the global sports nutrition market will climb the “exceptional” success ladder in the years to come.

The sports nutrition market is in the middle of “long-term” growth as of now. Research states that it did witness close to 200% of growth between 2014 and 2018. As far as FMCG (Fast Moving Consumer Goods) are concerned, this growth is looked upon as “unparalleled”. This could be attributed to the fact that apart from sportspersons, amateur sports enthusiasts, the millennials are looking forward to lead a healthy lifestyle.

Sports Nutrition Market: The Story Deep Within

Call for “Healthy Mind, Healthy Body” Amidst Covid-19 to Drive the Sports Nutrition Market

As per a report available on XploreMR, the global sports nutrition market will climb the “exceptional” success ladder in the years to come.

Sports Nutrition Market: The Story Deep Within

Sports nutrition market by products could span sports drinks, food and supplements that are inclusive of Isotonic drink powder, protein powders, tablets/capsules (branched chain amino acids/creatine and several others), RTD protein drinks, protein bars, carbohydrate drinks, energy bars, and so on. Research states that the percentage of non-sportspersons going for sports nutrition has reached 40% as of now.

Protein is topping the charts in the form of functional ingredient. As such, majority of players dealing with sports nutrition are into production of protein-oriented sports nutrition products.

The mainstream customers are found to be more open to buying sports nutrition products knowing the benefits they offer. Also, the handiness offered by protein RTDs has paved the way for them to forecourt retailers and convenience stores all across the US. The same trend is being followed in Australia and the UK as well. Another transformation observed is that of retail channels stocking on-the-go snacks on priority.

Moreover, in the last few years, more number of fitness centres and health clubs have sprung in, which ask for appropriate nutritional intake. Also, the trend of geriatric and middle-aged population engaging in sports can’t be ignored. This factor is also expected to bolster the sports nutrition market between 2020 and 2030.

The health clubs, apart from selling energy drinks, nutrition bars, protein supplements, are seen hiring dieticians for helping consumers with products best-suited for them.

The ever-increasing obese population is also expected to drive the sports nutrition market. As per “Trends in BMI (Body Mass Index)” published by “The Lancet, North America does have the highest BMI, which further states that it would continue to be the torchbearer in the sports nutrition market.

Another factor to be looked into is the pace at which urbanization is growing. With urbanization comes growth in the number of female working population, which further asks for fast and ready-made food. If sports nutrition products are tabled in place of junk food, women will readily lay their hands over them and keep themselves from obesity and the disorders following it. This factor is also likely to drive the sports nutrition market.

Covid-19 Impact

The Covid-19 era has seen more inclinations of people towards sports nutrition. This could be reasoned with the fact that sports nutrition products are great immunity boosters. Till the Covid-19 vaccine is “ON”, prevention is the only way out. This trend is expected to continue till the end of the year 2020. The year 2021 will also witness an arithmetic progression in this respect as the intake of sports nutrition products won’t cease.

Region-wise Analysis

North America and Europe are already accounting for majority of market share. However, the future belongs to Asia-Pacific, with Japan holding the flag high. Popularity of conventional sports like sumo and martial art with baseball and football picking up pace is resulting in Asia-Pacific growing at a rapid pace. The nutritional sports drinks most well-known in Japan include Pocari sweat and Aquarius. Otsuka Pharmaceuticals is also contributing to the growth of market in Asia-Pacific.

Competitive Landscape

The key players in the sports nutrition market include Clif Bar & Company, GNC Holdings, Post Holdings, Inc., Yakult Honsha Co Ltd., Glanbia Plc, PepsiCo Inc., The Coca-Cola Company, Abbott Nutrition Inc., and Reckitt Benckiser Group plc. Amongst the upgradations, PepsiCo is reformulating the existing sports nutrition products for reducing the content of sugar, salt, and fat.

Sports nutrition has been an important part of diet, especially for sportsperson and athletes. However, with an increased focus on managing weight and fitness, sports nutrition products are also being largely used by more people other than sportsperson. Manufacturers are also introducing new sports nutrition products in form of bars, powder, drinks with new flavors and natural ingredients. This report, published by XploreMR, provides in-depth analysis of the global sports nutrition market for the forecast period 2017-2022, and offers key insights about future market direction.

Scope

The scope of XploreMR’s report is to analyze the global sports nutrition market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports nutrition manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sports nutrition.

Summary

Scope

Summary

The report commences with a brief information of the global sports nutrition market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global sports nutrition market.

Overview

The next section offers an overview of the global sports nutrition market. This comprises an introduction to the market, along with a standard definition of the product – sports nutrition. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global sports nutrition market, the report provides updates about market opportunities, which can benefit leading manufacturers of sports nutrition. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for sports nutrition manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

The XploreMR report offers an in-depth and segment-wise analysis, covering the broad scope of the global sports nutrition market. The report is segmented on the basis of product type, function, distribution channel and region. In this segment-wise analysis, a report also provides country-wise forecast across all the key parameters in sports nutrition market.

The report’s last section comprises of the global sports nutrition market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global sports nutrition market.

Research Methodology

XploreMR is committed to offer unbiased and independent market research solutions to its clients. Each market report of XploreMR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

Primary research
Secondary research
Trade research
Focused interviews
Social media analysis

Sports Nutrition Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022

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Sports Nutrition Market

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Sports Nutrition Market