Sports nutrition consists of products that include supplements, food, and drinks that are primarily developed for bodybuilders, athletes, and other health-conscious people. These nutrition-based products are specifically formulated in order to fulfill the varied nutritional requirements of the human body. The major ingredients available in such nutrition products include minerals, vitamins, amino acids, and various other botanical ingredients. Escalating awareness among consumers to maintain a healthy and balanced lifestyle is anticipated to bolster the growth of the protein-rich sports supplements market over the forecast period of 2016–2023.
The global market for protein-based sports supplements is growing at a rapid pace and is anticipated to observe stupendous growth over the period 2016–2023. Upsurge urbanization, along with changes in lifestyle and the rising number of fitness clubs all across the globe, is expected to boost the growth of the protein-based sports supplement market until 2023. Further intensifying disposable income and the introduction of new and innovative ingredients in sports nutrition-based products are anticipated to boost the demand for protein-based health supplements until 2023.
At present, the North American region captured the highest share in revenue from the protein-based sports supplements market and is anticipated to dominate over the forecast period. Rising awareness related to the benefits of eating protein-based sports supplements, as well as increasing health awareness related to the consumption of such products, is expected to expand the growth of the North American protein-based sports supplements market over the forecast period. Increasing practices such as yoga, gym, and other exercises are anticipated to strengthen the growth of the protein-based sports supplements market during the forecast period in the Asia Pacific region.
The global market for protein-based sports supplements is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global market for protein-based sports supplements is segmented on the following basis:
An overview of the global market for protein-based sports supplements
Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
A general overview of the industry structure
Company profiles highlighting key information about the major players operating in the global protein-based sports supplements market,
This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the protein-based sports supplements market.
Frequently Asked Question:
The market for Protein Based Sports Supplements Market is expected to reach USD$ XX in 2023.
The Protein Based Sports Supplements Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2016 -2023.
The base year of this report is 2015.
Glanbia Plc., Universal Nutrition, Yakult Honsha Co. Ltd., Abbott Nutrition, The Coca-Cola Company, Reckitt Benckiser Group, PepsiCo Inc. .are some of the major players in the global market.
