Sports Nutrition Market Research with Manufacturers, Applications, Key Vendors, Growth, Suppliers, D

The sports nutrition market size is projected to cross $49.0 billion by 2022, growing at a CAGR of 8.4% between 2016-2022. The key factors driving the market include growth in fitness centres and health clubs, growing urbanization and increasing health consciousness of consumers.

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In terms of distribution channel, the market for sports nutrition is segmented into supermarkets & hypermarkets, convenience stores, drug stores and others. Supermarkets & hypermarket accounted for highest share in the sports nutrition market with 54.3% share in 2015.

In terms of type, the sports nutrition market is segmented into sports food, sports drinks and sports supplements. The sports drinks segment accounted for the largest share in 2015; however, the sports food segment is expected to witness the highest CAGR during the forecast period.

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Europe was the second largest sports nutrition market in 2015 with 26.9% share. Its share is expected to increase during the forecast period. Among the countries of the European region, Germany accounted for largest share in the European market for sports nutrition in 2015.

Some producers are focused to reinvent the sports nutrition category by embedding health, wellness and overall fitness in the products, and are targeting new user segment. Thus, the increase in the number of fitness centers and health clubs is helping the growth of the demand of the sports nutrition market.

The key companies operating in sports nutrition market include Glanbia Plc, PepsiCo. Inc., Abbott laboratories, GNC Holdings, The Coca Cola Company, GlaxoSmithKline, Clif Bar & Company, Universal Nutrition, Creative Edge Nutrition Inc., and Monster Beverage Company.

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P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.