Sports Nutrition Market Analysis Growth Opportunities and Recent Development, Demand Drives by 2023 to 2032 | PepsiCo Inc., Glanbia Plc., Yakult Honsha Co. Ltd., the Coca-Cola Company

PRESS RELEASE
Published March 14, 2023

The Global Sports Nutrition Market Research Report 2023-2032 is a specialized and in-depth study of the Sports Nutrition industry, with a particular emphasis on global market trend analysis, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Sports Nutrition Market study with 100+ market data Tables, Pie Chat, Graphs & Figures. The report presents a complete assessment of the Market covering future trends, current growth factors, attentive opinions, facts, and industry-validated market data forecast until 2032.

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Quince Market Insights, a reliable market research and consulting company, has announced the publication of its most recent updated report on the Sports Nutrition Market. It offers a thorough analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Go to Market (GTM) Year On Year (YoY), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.

Sports nutrition has gained popularity due to the demand from regular exercisers to boost their workout. Moreover, sports meals are consumed as an alternative to normal meals, as they are quick to make, healthier, and easily available. Increasing demand from athletes and bodybuilders for various applications is expected to drive the market growth of the sports nutrition market during the forecast period.

Key Factors Impacting Market Growth:

  • Growing awareness among the people about a healthy diet and fitness
  • Increase in health clubs and fitness centers
  • Adverse effects of some ingredients can hamper the market

Leading Players for Sports Nutrition Market:

PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group Plc., Yakult Honsha Co. Ltd., the Coca-Cola Company, Abbott Nutrition Inc., Otsuka Pharmaceutical Co. Ltd., GlaxoSmithKline PLC, Olimp Laboratories, Ultimate Nutrition Inc., PowerBar Europe GmbH, Paragon Laboratorie, ABC Nutrition Ltd, Makers Nutrition, and Future Nutrition.

Recent Developments:

  • In 2021, PepsiCo launched a new line of sports nutrition products under its Gatorade brand, including protein bars and shakes, designed for athletes and fitness enthusiasts.
  • In 2021, The Coca-Cola Company announced that it will acquire a controlling stake in BodyArmor, a sports drink brand that has been gaining market share in the US.
  • In 2021, Nestle Health Science launched a new line of sports nutrition products under its brand “Health Science Sports Nutrition”. The line includes protein powders, bars, and ready-to-drink shakes.

Data Collection for Sports Nutrition Market:

Primary Interviews
Secondary Source
Database
Company website
Industry Consultants
Others

The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques upon the data for projecting the future state of the global Sports Nutrition market. Based on current market development, the report includes an analysis of how activities such as mergers shape the market’s future.

Market Segmentation for Sports Nutrition Market:

By Product Type:

  • Foods
  • Drinks
  • Supplements

By Distribution Channel:

  • Retail Stores
  • Drug Stores
  • Fitness Institutions
  • Online

By End User:

  • Bodybuilders
  • Athletes
  • Lifestyle Users

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Regional Analysis for Sports Nutrition Market:

➡ North America (U.S., Canada, Mexico)
➡ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
➡ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
➡ South America (Colombia, Brazil, Argentina, Rest of South America)
➡ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Market Evaluation for Sports Nutrition Market:

The market evaluation uses the bottom-up approach which involves analyzing hundreds of contracts and/or sales data from a multitude of sources such as annual reports, online and in-house databases, industry journals, and other statistical publications and also by consulting with leading industry experts.

The study delves into different facets of the business and provides answers to important questions.

Key Questions Answered in this Report:

➡ What is the market size and growth rate of the global and regional market by various segments?
➡ Market size and growth rate of the market for selective countries?
➡ Which region or sub segment is expected to drive the market in the forecast period?
➡ What are the driving factors as well as restraints in the market growth?
➡ How the technological shift and disruptions are helping market to grow?
➡ What are the key opportunities in the market?
➡ Which are the key companies operating in the market?
➡ Which company accounted or will account for the highest market share in 2021, 2022, and 2023?

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