MANCHESTER, May 23, 2023 (GLOBE NEWSWIRE) -- The newest report from Data Bridge Market Research, "Sports Nutrition Market" examines growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and the competitive environment in detail. Sports Nutrition is the most relevant, exclusive, reasonable, and admirable market research report depending upon the business needs. These strategies mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market. This market report gives an edge to compete and to outdo the competition. The market survey report also evaluates the growth rate and the market value based on market dynamics and growth-inducing factors. Sports Nutrition market research report assists businesses with intelligent decision-making and better manage the marketing of goods, which ultimately leads to growth in the business.
To obtain such a first-class Sports Nutrition market analysis report, the meticulous hard work of skilled forecasters, well-versed analysts, and knowledgeable researchers have been utilized. Moreover, we turn intricate market insights into simpler versions with the help of proven tools and techniques and then provide it to clients. Market report like this one holds immense importance for the growth of any business. By understanding the client’s requirements precisely, this report brings together business and product information for sustainable growth in the market. The winning Sports Nutrition market report best suits the requirements of the client.
Data Bridge Market Research analyses that the sports nutrition market was valued at 16.11 billion in 2021 and is expected to reach a value of USD 35.71 billion by 2029, at a CAGR of 10.46% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.
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Nutrition is an important part of many sports training regimens, mainly in strength and endurance sports. Sports nutrition refers to the foods and beverages consumed by athletes to meet their bodily nutrition needs. Athletes' performance is improved by sports nutrition, which provides the body with essential vitamins, minerals, fats, carbohydrates, and proteins.
Sports Nutrition are popular among gymgoers and fitness enthusiasts because they help with muscle growth, metabolism, energy levels, heart health, and weight management. Furthermore, dietary supplement sales are increasing during the coronavirus pandemic because the supplements help comb or enhance the immune system against COVID-19, according to an article published by nutrition outlook.
Opportunity:
The growing number of fitness centres and increased female participation are expected to fuel the market's growth. The growing millennial population and increased social media marketing will further boost many opportunities, leading to the development of the sports nutrition market during the forecast period.
Recent Development
- Hydroxycut, a sports nutrition brand under its parent company, Lovate Health Sciences, launched "Cut" in January 2022, an energy drink that will help consumers reduce their body fat percentage.
- The Coca-Cola Company launched "Powerade," an energising drink, in March 2020. The company has launched this product in a variety of flavours. The strategy was to broaden the company's product portfolio through new product development.
- Hormel completed the USD 465 million sale of the CytoSport Protein Business to PepsiCo Inc. in April 2019. The sale to PepsiCo Inc. is expected to allow CytoSport and its flagship offering to grow further, increasing PepsiCo Inc.'s market share in the sports nutrition market.
The Latest Study Conducts a Comprehensive Analysis of the Global Market, considering the current competitive landscape and its future evolution in the next few years.
The global Sports Nutrition market is experiencing rapid growth, fueled by rising demands, industrialization, consumer awareness, and technological advancements. Sales and revenue in this sector have surged at an exponential pace, and the market's expansion is expected to continue over the projected period.
In order to expand their market share and reach a wider client base, leading businesses in the worldwide Sports Nutrition market are heavily investing in research and development. The study provides detailed insights into the strategies, financial health, revenue, gross margin, and growth rates of these companies.
The most prominent players in the Sports Nutrition market include.
- Glanbia plc. (Ireland)
- Now Health Group, Inc. (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm Corporation (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- The Nature's Bounty Co. (U.S.)
- Reliance Vitamin Company, Inc. (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone SA (France)
- General Nutrition Centers (GNC) Holdings, Inc. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.)
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The investment made in the study would provide you access to information such as:
- Sports Nutrition Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Sports Nutrition Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
Key Market Segments Covered in Sports Nutrition Industry Research
Product Type
- Protein Powder
- Iso Drink Powder
- Capsule/Tablets (Creatine, BCAA and Others)
- Supplement Powder
- RTD Protein Drinks
- Iso and Other Sports Drinks
- Carbohydrate Drinks
- Protein Bars
- Carbohydrate/Energy Bars
- Other Supplements
End users
- Athletes
- Bodybuilders
- Recreational Users
- Lifestyle Users
Distribution channel
- Large Retail and Mass Merchandisers
- Small Retail
- Drug and Specialty Stores
- Fitness Institutions
- Online
Key Industry Drivers:
- Rising cases of obesity as well as increasing public awareness
Sports nutrition products are becoming increasingly popular, particularly among athletes and people who engage in strenuous physical activities. Growing emphasis on staying fit and healthy and increased participation in sports, health clubs, sports clubs, and gyms. These are some of the major factors driving the growth of the sports nutrition industry.
- Rise in social media marketing
As consumers become more concerned about the use of ingredients in products, the use of organic ingredients in the production of sports nutrition products is gaining traction in the market. Furthermore, an increase in demand from casual consumers who are not actively engaged in any strenuous physical activities is propelling market growth.
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Sports Nutrition Market Regional Analysis/Insights:
The countries covered in the sports nutrition market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the sports nutrition market due to rising vegan diet awareness and brand campaigning on social media platforms, whereas Asia-Pacific is expected to grow from 2022 to 2029 due to growing urbanisation, rising disposable income, and increased spending on the development of natural ingredients.
Key Coverage in the Sports Nutrition Market Report:
- Detailed analysis of Global Sports Nutrition Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Sports Nutrition industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Sports Nutrition Market: Regulations
- Market Overview
- Global Sports Nutrition Market, By Product Type
- Global Sports Nutrition Market, By End User
- Global Sports Nutrition Market, By Distribution Channel
- Global Sports Nutrition Market, By Region
- Global Sports Nutrition Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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- Omega-3 for Sports Nutrition Market, By Type (ALA, EPA, DHA), Source (Marine, Nuts and seeds, Vegetable oils, Soya and soya products), Application (Dietary Supplement, Pharmaceutical, Infant Formula, Food & Beverage, Pet Food, Fish Feed) https://www.databridgemarketresearch.com/reports/global-omega-3-for-sports-nutrition-market
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