Global Sports Nutrition Market : Market Research by Knowledge Sourcing Intelligence
The global sports
nutrition market is projected to witness a compound annual growth rate
of XX.XX% during the forecast period to reach a market size of
US$XX.XX billion by 2024, increasing from
US$XX.XX billion in 2018.
The rising awareness for a healthy diet and
increasing number of fitness centre are driving the demand
for the global sports nutrition market. The people are
trying to live a healthy life, so they are taking a more healthy
diet and joining a fitness centre to remain fit for every
situation. Furthermore, the rising number of national and international
sporting events are also increasing demand for the global sports
nutrition market.
The 21st century has seen an increase in the number
of international sporting events in every sphere of sports like football,
basketball, baseball, cricket, hockey, tennis, badminton, and
athletics, among others. The number of participants in those
sports events is also growing in nature, which in turn is increasing
demand for sports nutrition market globally. We are providing market research for global sports nutrients with complete information.
Global Sports Nutrition Market by Product Type
By product type, the global sports nutrients market has been segmented into drinks, food and supplements. The sports drinks are being equipped at a good rate in the sports industry by supplying more electrolytes and energy to the sportsperson. The sports food requires a correct mixture of protein, fat and carbohydrate for doing better result in competition. In addition, supplements are becoming a necessity for providing various strength and functionality advantages to the athletes.
Sample view of global sports nutrition market share by product
The sports drinks market is gaining more popularity by consumers owing to its better nutritional quality than traditional soda and energy drinks. The sports drink constitutes the proper allegation of carbohydrate and electrolyte with less calorie or calorie-free which can give instant energy to a sportsperson. Furthermore, the higher promotional activities of sports drinks are helping to boost demand for this market. The leading sports drink manufacturing companies are doing more advertisement and campaign through both online and offline medium. Moreover, recent developments on sports drinks such as the use of natural ingredients, and improved flavours are fueling the demand for sports drink market.
Now the vegan population is also adopting plant-based protein constituent sports drink, further fueling the market growth in the coming years. The higher competition among leading sports drink manufacturers and the easy availability of sports drinks at the local market are also translating the demand for sports drink during the forecast period.
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