The global sports supplements market is expected to
grow at a CAGR of 8.8% Forecast to 2022.
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The surging urbanization and growing numbers of fitness centers and
health clubs are the key growth drivers for the global sports supplement
market. The key trends observed in the global sports supplement market include
growing demand for caffeine-free products and increasing investment of
companies in product development.
With the growing health concern of consumers, the demand for supplements
with least side effects has been on surge. Under this impact, the demand for
caffeine-free sports supplements has grown considerably in the past few years.
The caffeine consumption leads to reduction in feeling of effort during
strenuous exercise. The caffeine-free supplements also have muscular benefits.
With the growing awareness of functions of a particular ingredient of sports
supplements, the demand for caffeine-free sports supplements is expected to
augment during the forecast period.
The demand of sports supplement consumers have been inclining towards
products that offer them more benefits over the traditional ones. The consumers
have been searching for the products that give genuine results and prove value
for their money. This has been encouraging the companies to increase their
investment to bring about products with new ingredients, for catering to their
consumer’s needs more subtly. In order to increase the efficacy of their
products, the sports supplement manufacturers have been investing in clinical
research.
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The key players in the global sports supplement market include Atlantic
Grupa (Atlantic Multipower UK Limited, Creative Edge Nutrition, Inc., Enervit
S.p.A, GlaxoSmithKline Consumer Healthcare, GNC Holdings, Inc., Glanbia Plc.,
Herbalife International, NBTY Inc., Scitec Nutrition and Universal Nutrition.
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