Global Sports Nutrition Market (2019 Edition) - Analysis By Product Type (Powder, Sports Bars, Sports Drinks, Others), By Distribution Channel, By Region, By Country: Opportunities and Forecast (2019-2024)

Date: 1 December 2019

According to a research report published by Azoth Analytics in November 2019, the Global Sports Nutrition Market was valued at USD 14,596.45 million the year 2018. Global Sports Nutrition market is expected to grow due to a number of factors including rapid urbanization in emerging economies, rising health concern among the consumers across all the regions and escalating numbers of gyms, fitness centres and health clubs. In addition, ever growing urban and working population align with rising income is fuelling the Sports Nutrition market.

The Azoth Analytics research report titled “Global Sports Nutrition Market (2019 Edition) - Analysis By Product Type (Powder, Sports Bars, Sports Drinks, Others), By Distribution Channel, By Region, By Country: Opportunities and Forecast (2019-2024)” has analysed and segmented the Sports Nutrition Market By Product Type (Powders, Bars, Sports Drinks and others) and By Distribution Channel (Chemists/Pharmacies, Direct Selling, Drugstores, Health food shops, Hypermarkets, Supermarkets, Healthcare Specialty Retail, Consumer healthcare non-grocery, Internet Retailing, Others), By Region (North America, Europe, Asia Pacific, ROW-Latin America, Middle East & Africa) and By Country (U.S, Canada, UK, Germany and China) for the historical period of 2014-2018 and the forecast period of 2019-2024.
Global Sports Nutrition Market is primarily driven by rise in adoption of healthy lifestyle, growing urbanization, increasing disposable income, expansion of online marketplace, social media impact, escalating number of muscle and fitness enthusiasts.

The market condition of sports nutrition has been improving gradually with easy availability of sports foods products in vast number of hypermarkets, supermarket, online platforms, coupled with rising consumer base that has been primarily driving the growth in the sports nutrition market. The North America region holds the largest market share of Sports Nutrition and is estimated that it will continue to stay dominant the market shares in forecasted period. Moreover, APAC region will also to grow with highest growth rate among the regions.

Growth in the number of individuals engaging themselves in sports and physical activity has been increasing globally, increased disposable income, busy lifestyle, and high standards of living in countries such as China, India, US, UK and Germany. Market players are focusing on introducing various diversified products as a result of potential demand among the aspirational segment. Companies equipped with the new edge technologies for innovation, research & development, production, packaging and preserving will likely to gain market share in the forecast period. 

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