Sports Supplements Market: Industry Trends and Developments 2028 COVID-19

Report Description

A recent market intelligence report that is published by Data Insights Partner on the global Sports Supplements Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Sports Supplements Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Sports Supplements Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Sports Supplements Market is offered. In accordance with the report, the global Sports Supplements Market is projected to expand at a CAGR of 7.32 % over the period of forecast.

Market Insight, Drivers, Restraints& Opportunity of the Market:

Increasing consumer inclination towards healthy lifestyle and general wellbeing in turn, is driving demand for health-related products such as organic food, dietary supplements, and sports supplements. Manufacturers are focusing on increasing production capacities for sports supplements products to cater to increased demands for the same.

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Dairy proteins are integral ingredients in sports nutrition products. Sports nutrition manufacturers are focusing on launching application specific products with specialty ingredients in order to cater to growing demand for the same.

Ø  In September 2014, Arla Foods Ingredients launched Lacprodan HYDRO.365—a whey protein developed for runners, cyclists and triathletes

Health conscious consumers and weekend fitness warriors who form the core consumer cluster for sports nutrition products, are more inclined towards general health and wellbeing rather than on performance. Manufacturers can develop specific products to target this segment, in order to increase sales volumes. Manufacturers can focus on development of easy to consume on-the-go sports nutrition products to cater to rising demands of health conscious consumers with fast-paced lifestyle

Sports supplements products are categorized differently from drugs and hence, are governed by different regulations. Production and distribution of supplements are not controlled by any legal procedures as in the case of drug registration. Thus, the responsibility of ensuring safety of sports supplements products remains with the manufacturers and not with any regulatory body.

Increasing health awareness and rising number of gym goers in North America is anticipated to drive growth of sports supplement market over the forecast period

Segment Covered:

This market intelligence report on the global Sports Supplements Market encompasses market segments based on type, nature, sales channel and country/regions.

In terms of type, the global Sports Supplements Market is segregated into:

 

  • Protein

o   Powder

o   Bar

o   Ready To Drink

  • Non- Protein

o   Amino Acids

o   Creatine

o   Beta Alanine & L- Carnitine

In terms of nature, the global Sports Supplements Market is segregated into:

  • Organic
  • Conventional

 

In terms of sales channel, the global Sports Supplements Market is segregated into:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Pharmacy & Drug Stores
  • Online Retail
  • Others

By country/region, the global Sports Supplements Market has been divided into:

  • North America (the U.S., Canada),
  • Latin America (Brazil, Mexico, Argentina and other countries),
  • Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
  • Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
  • Middle East and Africa (GCC, South Africa, Israel and Other countries).

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Profiling of Market Players:

This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as

  • Hormel Foods Corporation
  • Glanbia plc
  • GNC HOLDINGS, INC.
  • Post Holdings Inc.
  • GlaxoSmithKline plc.
  • Herbalife Nutrition Ltd.
  • Enervit
  • Muscle Pharm
  • Freedom Foods Group Ltd.
  • Atlantic Grupa
  • Lovate Health Sciences International Inc.
  • Twinlab Consolidated Holdings Inc.
  • Scitec Nutrition
  • Clif Bar & Company
  • Arla Foods
  • Samworth Brothers

Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Sports Supplements Market related investment & spending and developments by major players of the market are tracked in this global report.

Report Highlights:

In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.

Salient Features:

Ø This study offers comprehensive yet detailed analysis of the Sports Supplements Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year

Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market

Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook

Ø Profiling of key market players in the world Sports Supplements Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview

Ø Leading market players covered this report comprise names such as Hormel, Enervit, Muscle pharm and many more.

Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation

Ø The world market for Sports Supplements Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Sports Supplements Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants

Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports

Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation

Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion

Reasons to buy:

v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Sports Supplements Market

v Identification of key factors driving investment opportunities in the Sports Supplements Market

v Facilitate decision-making based on strong historic and forecast data

v Position yourself to gain the maximum advantage of the industry’s growth potential

v Develop strategies based on the latest regulatory events

v Identify key partners and business development avenues

v Respond to your competitors’ business structure, strategy and prospects

v Identify key strengths and weaknesses of important market participants

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