Sports Nutrition Market Growth Driven by Rising Awareness of Fitness and Wellness
The newly added Sports Nutrition Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2024-2032. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the sports nutrition market include Abbott Nutrition, Body Attack, Bpi Sports, Clif Bar Company, Glanbia PLC, Hormel Foods Corp., KONZEPT, Multipower, MusclePharm Corp., PepsiCo, Power Bar, and SQUEEZY Sports Nutrition. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The rising number of fitness and health centers coupled with increasing demand for health supplements among fitness enthusiasts are boosting the market growth. Also, the rapid pace of urbanization coupled with increasing disposable income is further propelling the market growth. However, the availability of cheap counterfeit products that hamper the reputation of manufacturing companies can restrain the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sports nutrition.
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Market Segmentation
The broad sports nutrition market has been sub-grouped into type and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Sports Supplements (Protein Supplements (Egg Protein, Soy Protein, Pea Protein, Lentil Protein, Hemp Protein, Casein, Quinoa Protein, Whey Protein (Whey Protein Isolate, Whey Protein Concentrate)), Vitamins, Minerals (Calcium, Potassium, Magnesium, Iron, Zinc), Amino Acids (BCAA, Arginine, Aspartate, Glutamine, Beta Alanine, Creatine, L-carnitine), Probiotics, Omega -3 Fatty Acids, Carbohydrates (Maltodextrin, Dextrose, Waxy Maize, Karbolyn), Detox Supplements, Electrolytes, Others)
- Sports Drinks (Isotonic, Hypotonic, Hypertonic)
- Sports Foods (Protein Bars, Energy Bars, Protein Gel)
- Meal Replacement Products
- Weight Loss Product
By Formulation
- Tablets
- Capsules
- Powder
- Softgels
- Liquid
- Others
By Sales Channel
- Brick & Mortar (Direct Selling, Chemist/Pharmacies, Health Food Shops, Hyper Markets, Super Markets)
- E-commerce
By Consumer Group
- Children
- Adults
- Geriatric
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for sports nutrition in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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