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

The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value forecast to 2022.

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Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market.

The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports nutrition products. The emergence of new consumer base, such as recreational and lifestyle users are being increasingly targeted by the sports nutrition manufacturers.

The increasing accessibility of products through conventional mass-market retail channels, including supermarkets convenience stores, and hypermarkets to emerging new online channels, are supporting easy availability of sports nutrition products.

The improvement in global literacy rate is leading to change in perception of consumer towards sports nutrition, which has been driving the growth of the global market. The developing economies in Asia-Pacific and Latin America are offering growth opportunities in the global sports nutrition market.

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The key companies operating in global sports nutrition market include Glanbia Plc, PepsiCo. Inc., Abbott laboratories, GNC Holdings, The Coca Cola Company, GlaxoSmithKline, Clif Bar & Company, Universal Nutrition, Creative Edge Nutrition Inc., and Monster Beverage Company.

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