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Sports Food Market Regional Analysis With Size, Growth and Demand Forecast to 2022

The global sports food market is expected to grow at a CAGR of 9.2% forecast to 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market.

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The global sports food market has been growing due to factors, such as surging urbanization and growing numbers of fitness centers and health clubs. The consumers in the sports nutrition market tend to move from tastier sports foods to healthier ones. During the course of their purchase of sports food, the consumer keenly looks  for the ingredients involved.

The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to concentrate on the sugar content in their product offering. The demand for bars with organic ingredient has grown significantly, especially in the developed countries.

The current trend in most of the developed countries highlights consumers switching from cereal and snack bars to energy and protein bars, owing to health benefits imparted by them.

Earlier, sports foods were mostly consumed by the athletes and body builders. However, now-a-days, the non-athlete consumer group, especially the younger demographic profile  people are also consuming them, owing to healthy profile of sports foods, as compared to the snack bars or chocolates consumed by them.

The developed countries such as the U.S. and countries in Europe, still remain major markets for sports food products; however the emerging economies in Asia-Pacific are expected to be major growth drivers for the market.

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The major companies operating in the global sports food market include Nestle S.A., Clif Bar & Company, Glanbia Plc, Abbott Laboratories, PepsiCo Inc., GNC Holdings Inc., The Coca Cola Company, Universal Food, GlaxoSmithKline Plc, and MusclePharm Corporation.

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