According to a recently published report, the Global Sports Nutrition Products Market is expected to grow at the CAGR of 11.23% during 2015-2022 and it estimated to be US$ 72.25 billion by 2022. The Global Sports Nutrition Products Market is segmented on the basis of by products and by geography. The report on Global Sports Nutrition Products Market forecast, 2012-2022 (by products, geography) provides detailed overview and predictive analysis of the market.
The global market for sports nutrition and supplements has been growing at a significant rate with the food and beverages, pharmaceuticals health and personal care and sports industries, as reported by, BI research. The rise in awareness among the consumers and higher disposable income of the consumers are the leading factors driving the demand for sports nutrition products globally. However the growth challenges for the sports nutrition market include the threat of substitutes and negative publicity about the inclusion of banned/forbidden ingredients. Furthermore, changing consumer preferences and expansion of distribution channels are other growth inhibitors for the sports nutrition market.
Full report available Global Sports Nutrition Products Market forecast, 2012-2022 (by materials, applications, and geography) report at http://www.briskinsights.com/report/sports-nutrition-products-market
The application market for Sports Nutrition Market is segmented as follows: by product type and geography. By product, the market has been segmented into sports food, sports drinks and sports supplements. By geography, the market has been segmented into North America, Europe, Asia-Pacific, and RoW (Rest of the World).
Presently, North America is the largest market share at globally and is expected to maintain its position throughout the forecast period. Europe is the second largest market for sports nutrition products, owing to increasing health awareness. However, increase in the consumption sports nutrition products over the years has made Asia Pacific as the fastest growing market for sports nutrition products.
The key players in the Global Sports Nutrition Market include Maxinutrition , PepsiCo, The Coca-Cola Company, Glanbia Plc, GNC Holdings, Monster Beverage Corporation, Nestlé, Reckitt Benckiser Group, Abott Nutrition , Yakult Honsha Co Ltd.
Release ID: 1001