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Sports Food Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Sports Food Market

 

By Product Type (Capsule/Tablets, Protein Powder, Carbohydrate Drinks, Carbohydrate/Energy Bars, Protein Bars, and Others), By Form (Solid, Liquid, and Others), By End-Users (Athletes, Recreational Users, and Others), By Distribution Channel (Fitness Institutions, Drug Stores, Online Stores, and Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global sports food market was valued at US $ XX Mn in 2017 and expected to grow at 7.0% Compound Annual Growth Rate (CAGR) over 2018 to 2024

 

Market Outline: Sports Food Market

Sports food are the specially formulated foods which help to achieve precise nutritional values required by the athlete’s body. They are intended to supplement the diet of the sports people. The sports food includes sports drinks and sports food. Sports food comprises of energy bars, nutritional powders, and protein bars.

Soaring health consciousness among the people is the key factor anticipated to drive the growth of sports food market. The rapid urbanization along with unhealthy lifestyle and rising health concerns such as obesity is driving towards the switch to nutrition-rich food supplements which is expected to influence the growth of the sports food market. The burgeoning fitness centers and health clubs are enhancing the growth of the market. However, the stringent government regulations for the approval of the new products are hampering the growth of the market.

 

Market Scope: Sports Food Market

Sports food market is segmented based on the product type, form, end-users and distribution channel

Based on the product type, the market is segmented into the following:

  • Capsule/Tablets
  • Protein Powder
  • Carbohydrate Drinks
  • Carbohydrate/Energy Bars
  • Protein Bars
  • Others

Based on the form, the market is segmented into the following:

  • Solid
  • Liquid
  • Others

Based on the end-users, the market is segmented into the following:

  • Athletes
  • Recreational Users
  • Others

Based on the distribution channel, the market is segmented into the following:

  • Fitness Institutions
  • Drug Stores
  • Online Stores
  • Others

 

Regional Analysis:  Sports Food Market

Geographically, global sports food market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America sports food market is the largest market when compared with that of the other regional market. The United States contributes the largest share in the sports food owing to the burgeoning gymnasiums and fitness centers. The Europe sports food market is expected to grow exponentially which is primarily led by the U.K. Asia Pacific is predicted to outpace the global sports food market over the forecast period due to its growing economy. Japan holds the major share in the Asia-Pacific sports food market. China trails Japan followed by Australia which accounts for the higher prevalence of obesity, which is likely to add fuel for the growth of the sports food market.

 

Competition Assessment: Sports Food Market

Some of the players in the global sports food market include:

  • MusclePharm (U.S)
  • Reckitt Benckiser Group Plc (U.K)
  • Glanbia Plc (U.K)
  • Nestle SA (Switzerland)
  • Danone S.A (France)
  • Clif Bar & Company (U.S)
  • The Hain Celestial Group, Inc. (U.S)

 

Notable Market Developments: Sports Food Market

  • In March 2017, MusclePharm has launched organic alternative in sports nutrition space.

 

Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  • MusclePharm (U.S)
  • Reckitt Benckiser Group Plc (U.K)
  • Glanbia Plc (U.K)
  • Nestle SA (Switzerland)
  • Danone S.A (France)
  • Clif Bar & Company (U.S)
  • The Hain Celestial Group, Inc. (U.S)

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