Global Sports Nutrition Market — Global Trends & Forecasts (2017 - 2022)
Sports Nutrition Market
The market is expected to reach USD 80 billion by 2022, registering a CAGR of 9.9% through 2022.
Intake of sports nutrition is increasing in the most developed markets
High pricing of sports nutrition is a barrier to the growth of sports nutrition in low-income markets
Rapidly evolving retail landscape
Evolving fitness trends are driving more consumers towards supplementation
Protein Products Dominate the Global Sales
Sports food products form the largest segment of the sports nutrition market, due to their high health and nutrition benefits. Sports drinks and sports supplements are the other major segments.
North-America Dominates the Global Market
North America is the largest market for sports nutrition, followed by Europe, due to the demand for protein-based sports products in both the regions.
The United States accounts for over 60% of the global sports nutrition sales
American consumers are open to supplementation and have progressively invested in fitness
These regions benefit from high incomes, laidback regulations, and world-class fitness and athletics infrastructure.
Asia-Pacific is the fastest-growing market for sports nutrition, with rapidly growing economies, such as China and India, regarding both economy and population, which have significantly increased the demand for sports nutrition products.
There is a high demand for all-natural vegan protein supplements
In the UK, a "high protein dairy drink," called Upbeat, got a huge marketing push. The drink primarily aimed at gym-goers and athletes, was picked up by a range of consumers.
Nestle India, a packaged food major, recently launched MILO ready to drink (RTD) - the sports partner for kids.
Garden of Life® enters the sports nutrition arena, with the launch of Garden of Life SPORT
The major players in the global sports nutrition market include:
Monster Beverage Corporation
Our report on the global sports nutrition market covers:
MRO market trends & dynamics
Latest News & the global sports nutrition market developments
Porter’s five forces analysis