LONDON, July 9, 2015 /PRNewswire/ -- This BCC Research report provides an update analysis of recent developments and current trends in the global sports nutrition and supplements market. Includes forecasts through 2020.
Use this report to:
- Receive information about the global market for each major type of sports nutrition and supplement, with their applications and regional market.
- Learn about many different types of sports nutrition and supplements used globally in various types of end industries.
- Examine product categories, emerging trends, newly emerging product formulations, and information on new product development.
- Receive information about the major vendors in the sports nutrition and supplements industry globally, and the market share of the major players by region.
- The global market for sports nutrition and high energy supplements totaled $37.5 billion in 2014. This market is projected to approach $40.8 billion in 2015 and nearly $66.0 billion by 2020, registering a compound annual growth rate (CAGR) of 10.1% through 2020.
- The global market for sports and energy drinks should total nearly $28.6 billion in 2015 and nearly $46.8 billion by 2020, with a CAGR of 10.3% for the period 2015-2020.
- High energy supplements as a segment should reach nearly $6.8 billion in 2015 and $11.2 billion by 2020, with a CAGR of 10.7% between 2015 and 2020.
Introduction & Scope
The global market for sports nutrition and supplements has been growing at a significant rate in pace with the food and beverages, pharmaceuticals, health and
personal care and sports industries., For the past 20 years, it has been primarily driven by North America, Asia–Pacific and Europe. To assess the market, sports nutrition and supplements is broadly divided into three segments: sports foods, sports drinks and sports supplements. Increasing health awareness among people is majorly driving the market for sports nutrition and supplements. Sports supplements and food are also viewed as dietary supplements by most consumers. Urbanization and the rising number of fitness centers and health clubs are some of the key drivers for the sports nutrition and supplements market.
Abbott Nutrition, AG Barr, AST Sports Science, Cadbury Schweppes PLC, Clif Bar Inc., Coca–Cola Co., Cytosport, Extreme Drinks, GlaxoSmithKline, Kraft Foods, MaximuscleLtd., PepsiCo Inc., Red Bull GmbH, Rockstar Inc. are some of the key participants in the sports nutrition and supplements market. Regionally, North America shows the highest market share in the global market followed by Europe and Asia–Pacific. Various places such as fitness clubs, pharmacies, health food stores, and supermarkets provide consumers with easy access to sports nutrition and energy supplements, which is creating high market penetration. This report also highlights the supplier landscape with a focus on detailed profiles of major companies.
STUDY GOALS AND OBJECTIVES
The goal of this report is to provide an up–to–date analysis of recent developments and current trends in the global sports nutrition and supplements market. Identifying significant drivers of revenue growth in specific categories for sports nutrition and supplements is an additional aim. The objective of this kind of systematic research is to quantify the projected impact of both internal and external forces that are affecting the global sports nutrition and supplements market today and that will affect the industry for the next several years.
REASONS FOR DOING THE STUDY
Rapidly growing emerging economies, which are mainly China and India in terms of both economy and population, have significantly increased the demand for sportsnutrition and supplements over the past 10 years. In addition, with more start–up and smaller companies in the Asia–Pacific region the production of sports nutrition andsupplements is increasing with the establishment of new manufacturing facilities.
SCOPE OF REPORT
The scope of this report is broad and covers many different types of sports nutrition and supplements used globally in various types of end industries. The market is broken down into major types, regions, and consumers. Revenue forecasts from 2015 through 2020 are given for each major type of sports nutrition and supplement, with their applications and regional market.
The report also includes a discussion of the major players in each of the regional markets and explains the major global drivers, the current trends, major challenges,and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors in the sportsnutrition and supplements industry globally, and discusses the market share of the major players by region.
This report is intended especially for producers, suppliers, and consumers with a vital interest in sports nutrition and supplements and their applications. In addition, because
of this report's business focus, it will be useful to sales executives and business managers as an up–to–date guide that includes challenges, drivers and trends that are
expected to be significant factors in the current and future markets. The report should also be of interest to those in industries such as sports nutrition and supplement materials (manufacturers and suppliers), food and beverage, pharmaceuticals, health and personal care and the sports industry. In addition, because of this report's business focus, it will be useful to sales executives and business managers as an up–to–date guide on the challenges, drivers and trends that are expected to be significant factors in the current and future market.
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