Overview:

Sport supplements includes powder, pills, and drinks taken by individual for reasons including muscle development, endurance and stamina development, weight loss among others. The supplements also aid in meeting nutritional needs, improving performance, coping with nutritional deficiencies, etc.

Market Dynamics:

Rising number of health consciousness people globally is a key factor fueling growth of the global market. Hectic and stressful lifestyle and increasing preference for fast food has led to lower intake of nutritive food among urban population, hence changing preference for active lifestyle is another factor fueling growth of the market and is expected to further drive growth to a considerable extent during the forecast period. However, high protein supplements are costly and hence is a factor hampering growth of the market to a certain extent currently.  Growing development of organic sport supplements is a factor expected to create new business opportunities for key player in the global market during the forecast period.

Key Trends:

Increasing in number of health fitness clubs and chains especially in Asian countries is a key trend observed in the market, which is a factor expected to fuel growth of the target market during the forecast period.

Regional Analysis:

For detailed understanding of market dynamics, the global marketis analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accountedfor highest revenue share in 2018. This dominance can be attributed to rising number of healthcare facilities and gyms in the country. Increased spending on market activities by key players in the country is another factor fueling growth of the market in North America Region. The market in Europe is expected to witness significant growth during the forecast period. The Asia Pacific market is expected to witness highest growth owing to rising number of health consciousness people and increase in health ecommerce in the region.

Scope of the Report:

Detailed Segmentation:

Global Sports Supplements Market, By Type:

• Sports Drink
• Sports Supplements
• Sports Foods

Global Sports Supplements Market, ByDistribution Channel:

• Ecommerce
• Bricks and Mortar

Key Players Covered:

Key players operating in the market includes, Glanbia PLC, PepsiCo, Inc., MusclePharm Corporation, The Coca-Cola Company, Clif Bar & Company, GNC Holdings Inc., Bulk Powders, Abbott Laboratories Inc., Multipower, and The Hut Group

Key features of the study:

Foresight Market Research provides detailed analysis on Sports Supplements Market in our report- Global Sports Supplements Market by type, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global Sports Supplements Market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.