“Sports Food Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Sports Food Market by region.
Global Sports Food Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2030.
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Sports Food provides proper nutrients for the sportsperson in a single product. Also helps people to achieve specific nutritional or physical performance goals. It consists of protein bars, nutritional powder, and energy bars which includes dietary supplement powder, energy bars, sports food and drinks, protein bars, and sports gels. The Sports Food market is expanding because of factors such as rising demand for healthy and nutrition-rich products & growing millennial products in the forecast period
According to Statista in 2022, the health and wellness food market across the world valued of worth around USD 841 billion. Also, it is projected to reach around USD 1 trillion by 2026. Thus, with the rising health and wellness food market, the market is expected to grow in the forecast period. Whereas the rising sports industry and growing R&D activities by market players create lucrative opportunities for the market. However, the threat of substitutes hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Sports Food Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand and high adoption of supplements, growing awareness of health and wellbeing, presence of market players, etc. Whereas, the Europe is expected to grow significantly during the forecast period, owing to factors such as increasing sports participation, rising initiatives by public and private bodies etc.
Major market players included in this report are:
- Iovate Health Sciences
- Abbott
- Quest Nutrition
- PepsiCo
- Cliff Bar
- The Coca-Cola Company
- MusclePharm
- The Bountiful Company
- Post Holdings
- BA Sports Nutrition
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Recent Developments in the Market:
In April 2021, Unilever acquired Onnit. It is a sports and supplement brand. With this new product launch, the company expand its product portfolio and enhance the competitive image as the company
In May 2020, Uelzena eG partnered with BioHealth International GmbH (BHI) to inaugurate nutrineo food health solutions to enhance sports nutrition supplements and dietary foods. With this venture both the companies expand their private label in healthcare
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Dietary Supplement Powder,
Energy Bars,
Sports Food and Drinks,
Protein Bars,
Sports Gels
By Ingredient:
Vitamin,
Minerals,
Nutrition Supplements,
Protein,
Carbohydrates
By Gender:
Female
Male
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By User:
Athletic Users,
Bodybuilding Users,
Recreational Users
By Distribution Channel:
Hypermarkets and Supermarkets,
Online Stores,
Convenience Stores,
Drug Stores
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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