DUBLIN, September 27, 2021--(BUSINESS WIRE)--The "Sports Nutrition Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The sports nutrition market is expected to reach USD 26.11 billion by 2026, growing at a CAGR of 10.09%.
Sports nutrition products are undergoing mass adoption by recreational users and lifestyles users. North America is the largest market for sports nutrition and accounted for 53.45% in 2020. Government initiatives are promoting an increase in the number of gyms and health centers and sports-related activities, driving the demand for personalized nutrition products in the region. The development of digital infrastructure in emerging countries such as India and China has offered significant opportunities for online platforms to boost sales.
With the outbreak of the COVID-19 pandemic, personalization of sports nutrition demand has rapidly increased due to the shut-down of gyms and banning of sports around the world. The clean labeling trend is a leading factor in the US sports nutrition market, closely followed by the UK and other European countries, by giving a relatively new status to the industry by focusing on the food chain safety in the Asian region.
The rise in importance of leading an active and fit life among youths has influenced the adoption of sports nutrition and sportswear products, thereby contributing to the growth of the sports nutrition market.
Increasing sports participation and concern about physical well-being among young population coaches are driving the demand for sports nourishment products and contributing to the market's growth.
The demand for various types of dietary & health supplements, energy drinks, and protein bars among athletes and bodybuilders is accelerating the growth of the market.
Latin America, and Middle East & Africa are underpenetrated markets and will provide enormous growth opportunities for vendors in the sports nourishment market, especially after the COVID-19 outbreak.
The study considers a detailed scenario of the present sports nutrition market and its market dynamics for the period 2021-2026. It covers a detailed overview of several market growth enablers, restraints, and trends.
The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
KEY QUESTIONS ANSWERED:
1. How big is the sports nutrition market?
2. Who are the end-users in the sports nutrition market?
3. Which region accounted for the highest market share in the sports nutrition market?
4. Who are the key vendors in the sports nutrition industry?
5. Which distribution channel segment leads the sports nutrition market?
6. What are the factors driving the sports nutrition market?
Opportunities & Trends
Personalization & Customization in Sports Nutrition
Increasing Demand for Clean Label
Increasing Demand for Plant-Based Nutrition
Growing Demand for Sports Nutrition from Young Athletes
Increasing Demand for Fitness & Health Clubs
Rising Awareness of Sports Nutrition & Performance
Complex Nature of Sports Nutrition
Concerns Related to Safety of Sports Supplements
Clif Bar & Company
Other Prominent Vendors
Otsuka Pharmaceutical Company
The Coca-Cola Company
Yakult Honsha Company
Atlantic Grupa d.d
Science in Sport
Iovate Health Sciences International
The Bountiful Company
BA Sports Nutrition
Creative Edge Nutrition
For more information about this report visit https://www.researchandmarkets.com/r/eotmvw
View source version on businesswire.com: https://www.businesswire.com/news/home/20210927005625/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900