80 likes | 92 Views
Global Sports Nutrition market is estimated to reach $66 billion by 2024; growing at a CAGR of 7.7% from 2016 to 2024. Sports nutrition products are primarily consumed by athletes & bodybu
E N D
Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com Global Sports Nutrition Market 2016 – 2024 Published by :Accurize Market Research Pvt. Ltd.
Global Sports Nutrition Market is Estimated to Reach $66 Billion by 2024 • Global Sports Nutrition Market report published by Accurize Market Research forecast that the global market is expected to reach $66 billion by 2024; growing at a CAGR of 7.7% from 2016 to 2024. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period. • Request Sample: https://www.accurizemarketresearch.com/report/sports-nutrition-market/sample-request Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Demand from fitness centers & health clubs to drive the global market • The factors driving the growth of the global sports nutrition market are growth in the number of fitness centers &health clubs, rising personal appearance concerns, and rapid urbanization. • However, food safety concerns may act as a restraint for the growth of the market. • Moreover, rapidly growing distribution channels and high demand in emergent countries would provide several growth opportunities for the market in the future years. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • Product type and geography are the major segments considered in the global sports nutrition market. By product type, the market is bifurcated into sports food, sports drink, and sports supplements. • North America, Europe, Asia-Pacific and Rest of the world (RoW) are the geographical segments of the market. • North America is further bifurcated into countries namely; U.S., Canada, and Mexico. Europe covers countries like Russia, the U.K., Germany, France, Italy and Rest of Europe. Asia-Pacific countries include China, India, Japan, South Korea and Rest of Asia Pacific. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • Rest of the World (RoW) covers South America, Africa, and the Middle East. • Customize Report: https://www.accurizemarketresearch.com/report/sports-nutrition-market/ask-for-customization • “Sports drink accounted for the largest market share in the product type segment", says Accurize • Sports drink accounted for the largest market share in 2017, in the product type segment. It is expected to continue its dominance during the forecast period 2017 – 2025, owing to its high demand coupled with consumption primarily by athletes to refill the water level in the body. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • "North America dominated the global market with the highest market share over the forecast period", says Accurize • North America dominated the global sports nutrition market with the largest market share of 35.2% in 2017 and expected to continue its dominance during the forecasted period, owing to the high demand of protein-based sports products coupled with rising investment in fitness in countries such as the U.S. and Canada. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Top players in the market • Major companies operating in the market include: • Yakult Honsha Co., Ltd • Glanbia Plc • Abbott Nutrition Inc • The Coca-Cola Company • PepsiCo Inc • GNC Holdings • Clif Bar & Company • Reckitt Benckiser Group plc • Post Holdings, Inc • Otsuka Pharmaceuticals Co., Ltd Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Contact Us: Accurize Market Research Pvt. Ltd. PUNE OFFICE: 306, ZEN BUSINESS CENTER, WAKAD, NEAR BHUMKAR CHOWK, MUMBAI BANGALORE HIGHWAY, PUNE-411057 Email: help@accurizemarketresearch.com Contact No: +1-339-368-6383 Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com