Sports fitness and nutrition food and beverage market to hit

Sports fitness and nutrition food and beverage market to hit

WASHINGTON, Sept. 27, 2022 (GLOBE NEWSWIRE) – The global fitness and nutrition sports drinks market is expected to reach over $112,189.18 million by 2028, registering a compound annual growth rate of 5.90% over the forecast period.

The growth in the sports nutrition and fitness drinks market has been driven primarily by the increased demand for nutrition bars, energy bars, and ready-to-drink products, and the growth in the importance of protein as a valuable ingredient. Moreover, proteins are expected to increase its popularity as an effective source of a balanced diet diet along with its functional benefits such as weight management and immune system support which is expected to boost market growth during the forecast period. Numerous athletes consume nutritional products in order to enhance their performance, stamina and recover their muscles which is expected to lead to the growth of the Sports Fitness Nutrition Foods nutritional drinks market during the forecast period. In addition, consumers’ shift towards proper nutrition to become more mainstream, increased use of sports drinks as a refreshing beverage, and the launch of the latest products along with natural ingredients that provide long-term energy benefits are the other major factors expected to increase the demand for sports fitness. Feeding drinks in the coming years. The nutritional and fitness drinks market is expected to witness the highest growth due to the increasing awareness and importance among consumers about carbohydrates, proteins and vitamins in the daily diet for good health.

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List of Notable Players in Nutritional, Fitness & Fitness Drinks Market:

  • Monster Beverage Company
  • Cyto Sport, Inc.
  • Dr. Pepper Sanabel Group
  • Galanbia plc company
  • Glanbia Nutritionals Limited
  • Optimum Nutrition Inc.
  • GlaxoSmithKline Co
  • GNC Holdings, Inc.
  • Lucozade Ribena Suntory Ltd.
  • Meiji Corporation
  • Ltd.
  • Muscle Pharm
  • Nature’s Bounty, Inc.
  • Nestlé SA
  • Otsuka Pharmaceutical Co
  • Ltd.
  • PepsiCo Inc.
  • Quaker Oats, Inc.
  • Post Holdings, Inc.
  • Red Bull GmbH
  • Rockstar Inc.
  • Balance Bar
  • Twinlab Consolidated Holdings, Inc.
  • Vitaco Health Ltd.
  • Weider Global Nutrition, LLC
  • Yakult Honsha Company
  • Ltd.

Key industry findings and insights from the report:

  • The global fitness and nutrition nutritional drinks market was valued at US$79,538.10 million in 2021 and is set to exceed US$112,189.18 million by 2028, representing a compound annual growth rate of 5.90% over the forecast period 2022-2028.
  • In terms of revenue, the applications segment held the largest share of revenue in 2021 and is expected to maintain its dominance during the forecast period.
  • In terms of revenue, the product segment had the second largest market share in 2021 and is expected to grow rapidly during the forecast period.
  • The growth can be attributed to rapid urbanization, technological progress, and increased investment by developing countries.
  • The Asia Pacific region captured the lion’s share in 2021 and is expected to retain its position during the forecast period. This can be attributed to the presence of a large number of beverage, fitness and nutrition manufacturers and the high adoption rate due to government actions stimulating this industry in this region. The growth is primarily due to increased cooperation.

Market dynamics:

Drivers:

The rapid pace of urbanization, the growth in the number of non-traditional users, the growth of the global sports nutrition market including the increase in the number of fitness centers and health clubs are some of the major factors driving the growth of the sports nutrition food and beverage market during the forecast market. Various innovations in the sports nutrition market to make the products more effective and safer for consumption is another factor expected to increase the demand for sports and fitness nutritional drinks market in the coming years.

Challenges:

Poor nutritional knowledge and nutritional extremism are major challenges hampering market growth during the forecast period. Poor practical knowledge in meal selection and reduced access to food due to frequent travel and crowded schedules create constraints on the growth of Sports Fitness Nutrition Foods Beverages Market.

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Regional trends:

North America is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period. North America’s growth in the sports nutrition drink market is primarily attributable to the increased demand for sports nutrients from sports and fitness clubs. Additionally, the demand for ready-to-drink sports nutrition products in Canada is expected to contribute to the growth of the Sports Fitness Nutrition Foods Beverages Market during the forecast period. Growing concerns regarding health, changing dietary plans, and changing lifestyles are increasing the demand for nutritional drinks for sports nutrition in North America. Furthermore, the innovative development of new flavors in energy drinks and sports nutrition along with health benefits is expected to increase the demand for nutritious sports drinks in the North American region.

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The report on Sports, Fitness and Nutrition Market report highlights the following:

  • Market assessment
  • Distinctive insights
  • Competitive scene
  • Analysis of the impact of COVID
  • Historical data, estimates and forecasts
  • Company Profile
  • global and regional dynamics

Browse 142-page market spreadsheets and figures and in-depth table of contents on “Sports Fitness and Nutrition Beverage Market Volume, share, and trends analysis report by product (sports nutrition, sports/energy foods, sports/energy drinks), by distribution channel (offline, online), by end use (athletes, bodybuilders, lifestyle users, recreational users) , by region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) – Global Industry Assessment (2016-2021) and Outlook (2022-2028)”.

Answering the main questions in the report:

  • Which region will show the fastest and highest growth in the near future?
  • Who are the top five players and their strengths and weaknesses in the market?
  • What will the future innovation be in the next six years?
  • What application and product will drive the largest market share?
  • What are the growth drivers, constraints, and challenges facing the industry?
  • What will be the CAGR and market size of the Fitness & Sports Nutrition Soft Drinks market for the base year and forecast period?

This market titled “Sports Fitness Nutrition Foods Beverages Market” will cover exclusive information in terms of geographical segmentation, forecasting, regional analysis, key market trends and various others as mentioned below:

Labs details
Market size offered for years 2016-2028
base year 2021
Historic years 2016-2020
prediction years 2022-2028
covered slices • Producer

Sports food

• Sports Food/Energy

• Sports / Energy Drinks

Distribution channel

• Offline online

• Connected

• End use

• Athletes

• BodyBuilding

Lifestyle users

• Recreational users

Covering the region and provinces • North Amarica

• we

• Canada

• Mexico

• Europe

• United kingdom

• France

• Germany

• Italia

• Spain

• Rest of Europe

• Asia Pacific

• China

• Japan

• India

• South Korea

• Southeast Asia

• Rest of Asia and the Pacific

• Latin america

• Brazil

• Argentina

• Rest of Latin America

• Middle East and Africa

• Gulf Cooperation Council countries

• South Africa

• Rest of the Middle East and Africa

Covered companies • Monster Beverage Company

• CytoSport, Inc.

• Dr Pepper Snapple Group, Inc.

• Jalanbia plc

• Glanbia Nutritionals Limited

• Optimum Nutrition Inc.

• GlaxoSmithKline

• GNC Holdings, Inc.

• Lucozade Ribena Suntory Ltd.

• Meiji Corporation.

• Ltd.

• Muscle Pharm

• Nature’s Bounty, Inc.

• Nestlé SA

• Otsuka Pharmaceutical Company.

• Ltd.

• PepsiCo Inc.

• The Quaker Oats Company, Inc.

• Post Holdings, Inc.

• Red Bull GmbH

• Rockstar Inc.

• Al Balance Bar

• Twinlab Consolidated Holdings, Inc.

• Vitaco Health Ltd.

• Weider Global Nutrition, LLC

• Yakult Honsha Company.

• Ltd.

Report coverage Market growth drivers, restraints, and opportunities, Porter’s Five Forces analysis, PEST analysis, value chain analysis, organizational landscape, technology landscape, patent analysis, market attractiveness analysis by segments, North America, company market share analysis, COVID-19 impact analysis

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