Sports Nutrition Market Future Prospects and Forecast To 2029
The global sports nutrition market size was valued at USD 12.1 billion in 2022 and is poised to grow at a significant CAGR of 11.8% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the sports nutrition market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global sports nutrition market segmentation:
1) By Type: Energy Drinks, Powders, Juices, Capsules and Tablets, Bars.
2) By Distribution Channel: Retail Pharmacies, Drug Specialty Stores, Fitness Stores, Supermarkets/Hypermarkets, E-commerce.
The primary factors of the sports nutrition market drivers are market restraints. The sports nutrition market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The sports nutrition market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the sports nutrition market report, accounting for the highest share in 2021. It was followed by Europe, and then the other regions.
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The important profiles and strategies adopted by sports nutrition market key players are The Coca-Cola Company, PepsiCo Inc., Reckitt Benckiser Group plc, Glanbia Plc., Yakult Honsha Co Ltd, Otsuka Pharmaceuticals Co., Ltd, GlaxoSmithKline PLC, Atlantic Multipower UK Limited, Olimp Laboratories, PowerBar Europe GmbH, Ultimate Nutrition Inc, covered here to help them in strengthening their place in the market.
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