Sports Nutrition Market Set to Grow at 8.27% CAGR to 2020

04 Jul, 2016, 06:00 ET from ReportsnReports

PUNE, India, July 4, 2016 /PRNewswire/ --

The global sports nutrition market 2016 report says one of the trends which is boosting the market is mergence and use of new ingredients in products. Some of the performance boosting ingredients dominating the market include creatine, nitrous oxide, beta-alanine, androstenedione, caffeine, etc. These ingredients continue to play an important role in the sports nutrition market. However, many well-established nutritional stalwarts are continuously being researched and positioned for sports performance applications. For instance, NeoCell offers Collagen Sport, which combines an ion-charged whey protein isolate with proprietary Super Collagen.

Complete report on sports nutrition market spread across 63 pages, analyzing 5 major companies and providing 22 data exhibits is now available at http://www.reportsnreports.com/reports/604195-global-sports-nutrition-market-2016-2020.html.

The analysts forecast global sports nutrition market to grow at a CAGR of 8.27% during the period 2016-2020. According to the 2016 report, a key growth driver is the increased demand for protein-based products. Demand for protein-based sports nutrition products such as protein-based bars, supplements, and powders are high among consumers. It is because of a large number of functional benefits provided by proteins, in terms of nutritional value, weight management, and strengthening of the immune system. Popular sources of protein, such as whey and soy, are widely used in sports nutrition products because of their nutritional value and wide variety of flavors.

The sports nutrition market in North America was valued at USD 11.04 billion in 2015. North America dominated the global sports nutrition market in 2015. The US is the largest market in this region, experiencing growth in terms of volume and value. The sports nutrition market in Europe was valued at USD 6.79 billion in 2015. The sports nutrition market in Europe is growing steadily. Increased number of consumers opting for healthy lifestyles is driving the demand for sports nutrition products. The sports nutrition market in APAC was valued at USD 5.21 billion in 2015. The sports nutrition market in APAC is growing rapidly. Economic development in the region has resulted in an increase in disposable incomes which is fueling rapidly changing lifestyles.

The following companies are the key players in the global sports nutrition market: Cliff Bar & Company, Coca-Cola, Glanbia Nutritionals, GlaxoSmithKline, and PepsiCo. Other prominent vendors in the market are: Abbott Nutrition, Champion Nutrition, Cytosport, Friggs AB, GNC Holdings, Monster Beverage Corporation, Nutrition & Santé, PacificHealth Laboratories, PowerBar Europe, ProAction Srl, Reflex Nutrition, Science in Sports (SiS), Universal Nutrition, and Ultimate Nutrition. Order a copy of Global Sports Nutrition Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=604195.

In 2015, the global sports nutrition market was dominated by sports food and drinks with a market share of more than 83%. The sports food and drinks market includes proteins, amino acids, and carbohydrate-based food products, beverages, and other types of sports nutrition products. Protein-based products dominate the market because of the health and nutrition benefits they provide such as enhanced muscle growth and improved stamina. Soy and whey are the most popular protein ingredients used in the production of sports nutrition products. Protein ingredients are also being used in oatmeal, yogurt, and cereals. Energy bars, and nutrition bars, and ready-to-drink (RTD) products are gaining wide acceptance as they are relatively easy to carry while on-the-go.

Another related report is Global Sports and Energy Drinks Market 2015-2019; North America dominated the market during 2014 with a market share of around 35%. The report anticipates this region to reach a market value of around USD 44 billion by the end of 2019. The rising number of people engaged in fitness activities is expected to increase the demand for sports drinks during the forecast period. Browse complete report @ http://www.reportsnreports.com/reports/453111-global-sports-and-energy-drinks-market-2015-2019.html.

Explore other new reports on Food and Beverages Market @ http://www.reportsnreports.com/market-research/food-and-beverages/.

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