The Global Sports Nutrition Market was valued at USD 24.25 billion in the base year 2020, and is projected to reach USD 47.92 billion by 2027, with a CAGR of 10.2% during the forecast period (2017-2027).The major factor attributing to the growth in sports nutrition market is the growing popularity of fitness, self-care and preventive medication among people.
As per the data released by International Diabetes Federation, in 2019, 463 million adults between the age group of 20-79 years suffered from diabetes and is projected to reach at 700 million by 2045.
The increasing consumption of packaged and processed food is resulting in decreasing nutritional level in the human body.
In addition, long working hours and a busy lifestyle are posing several challenges in healthy eating patterns and thus, leading to anxiety, weakness, depression, and other health-related issues.Get a Sample Copy of Sports Nutrition Market Report 2020-2027: https://www.researchcmfe.com/sample-request/27Therefore, to serve this nutrition gap, consumers are rapidly inclining towards nutritional products and sports supplements which is thereby impacting the growth of global sports nutrition market.
Various sports nutrition such as protein powders, creatine, supplement powder, protein and energy bars are widely being adopted as they help in maintaining sufficient nutrition and energy level in the human body for the entire day.
Owing to these factors, increase in the participation of fitness activities and growing awareness of various sports supplements is expected to augment the sports nutrition market during the forecast period.Global Sports Nutrition Market by Region Outlook (Revenue, USD Billion, 2017-2027)North AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaThe Global Sports Nutrition Market Segmentation:Global Sports Nutrition Market End-User Outlook (Revenue, USD Billion, 2017-2027)AthletesBodybuildersRecreational UsersLifestyle UsersGlobal Sports Nutrition Market Type Outlook (Revenue, USD Billion, 2017-2027)Protein PowderIso Drink PowderCreatineBCAASupplement PowderRTD Protein DrinksSports DrinksCarbohydrate DrinksProtein BarsEnergy BarsFor More Customization, Connect With Us At: https://www.researchcmfe.com/customization/27Global Sports Nutrition Market Distribution Channel Outlook (Revenue, USD Billion, 2017-2027)Large Retail & Mass MerchandisersSmall RetailDrug & Specialty StoresFitness InstitutionsOnlineKey Findings:Based on product type, the supplement powder segment is estimated held the largest share in 2020 and expected to dominate the sports nutrition market during the forecast period.Based on distribution channel, drug & specialty Stores along with the small retail segment is projected to have a significant share in the sports nutrition market.Based on region, Asia-Pacific is projected attain the fastest growth in sports nutrition market during the forecast period.Company Profiles and Competitive IntelligenceThe key players operating in the global sports nutrition market are:Ultimate Nutrition Inc.Glanbia Plc.Abbott Nutrition, Inc.Reckitt Benckiser Group Plc.Post Holdings, Inc.Yakult Honsha Co., Ltd.GNC HoldingsOtsuka Pharmaceutical Co., Ltd.Clif Bar & CompanyHormel Foods CorporationStokely-Van Comp, Inc.MusclePharm.AirStrip TechnologiesScience in SportThe Hut GroupCardiff Sports Nutrition LtdPowerBarGet More Information: https://www.researchcmfe.com/report/27/sports-nutrition-marketRecent News:In June, 2021, Maheshwari Pharmaceuticals Private Limited (MPIL), a leading herbal Ayurveda pharma brand in India, launched its new product ‘Protium’.