Research and Markets (http://www.researchandmarkets.com/research/8vvdjp/world_sports) has announced the addition of the "World Sports Nutrition Market - Opportunities and Forecasts, 2014-2020" report to their offering.
The global sports nutrition market is expected to garner revenue of $33.6 billion by 2020, registering a CAGR of 7% during 2015 - 2020. In the current market scenario, North America occupies the largest share of approximately 47%, owing to high obesity ratio and health awareness among people.
However, APAC would witness a faster adoption of sports nutrition products owing to increase in income levels and increasing indulgence in sports and fitness activities during the forecast period. Sports food, which accounted for nearly 1/4th of the market in 2014, is expected to witness fastest growth of 11.1% during the forecast period.
Athletes, bodybuilders, recreational users and lifestyle users are the end customers of sports nutrition products. Athletes account for nearly 37% of the global sales of sports nutrition products, trailed by recreational users accounting to nearly 27% of the global sales. In the recent years, market has witnessed emergence of a new user group - the lifestyle users. Lifestyle users utilize sports nutrition products to boost their stamina and enhance physical and mental performance.
Sport nutrition products are distributed through large retail & mass merchandise, small retail, drug & specialty stores, gyms & health clubs and online sales channel. Among these prominent distribution channels, large retail & mass merchandise account for approximately 32% of the overall market share in the current scenario. Mass merchandisers offer sports nutrition products at lower prices, which leads to higher sales.
Due to development in E-commerce, online sales of sports nutrition products is on a rise.
North America, accounting to nearly 47% of share in 2014, would continue to dominate the market throughout 2015 - 2020. However, developing regions would exhibit phenomenal growth during the forecast period. Asia-Pacific is projected to account for a market share of nearly 24% by 2020.
Key Topics Covered:
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 WORLD SPORTS NUTRITION MARKET BY PRODUCT TYPE
CHAPTER 5 WORLD SPORTS NUTRITION MARKET BY END USER
CHAPTER 6 WORLD SPORTS NUTRITION MARKET BY DISTRIBUTION CHANNEL
CHAPTER 7 WORLD SPORTS NUTRITION MARKET BY GEOGRAPHY
CHAPTER 8 COMPANY PROFILES
Companies Mentioned:
- Abbott Nutrition Inc,
- Clif Bar & Company
- GNC Holdings
- Glanbia plc
- Otsuka Pharmaceuticals Co., Ltd.
- PepsiCo Inc
- Post Holdings, Inc
- Reckitt Benckiser Group plc
- The Coca-Cola Company
-
Yakult Honsha Co Ltd,
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