Published on : Aug 07, 2018
Albany, New York, August 7, 2018: A huge variety of sports supplements are available today, ranging from whey proteins, to testosterone boosters to glutamine supplements, which all promise a variety of benefits and advantages to the sports man or woman. A new study, offering insights on the advancements and opportunity in the sports supplements market has been publicized to the online repository of Market Research Hub (MRH), with the title of “Global Market Study on Sports Supplements: Non-Protein Products to Witness Substantial Growth During 2017 – 2025”. In this study, a deep analysis on the major players from diverse regions is also presented.
This 153-pages study initiates with the executive summary that presents a precise insight into the global sports supplements market. Readers can also access knowledge associated to crucial market numbers which include historical CAGR (2012-2017) as well as forecast CAGR (2017-2025). In the present time, growing establishments like gym, fitness clubs, yoga centers and other amenities endorsing sports nutrition products are anticipated to contribute hugely to the increment of demand of sports supplement and other related products over the forecast period.
Key findings from the Study
According to the study evaluations, revenue generated from sports supplements market is expected to increase at a CAGR of 8.2% over the forecast period. Also, Global Sports Supplements market is expected to be valued at US$ 17,963.7 Mn by the end of 2025. Growing awareness towards healthy lifestyle has led to an increase in demand for health-related products such as organic food and dietary and sports supplements.
For a clear understanding, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific, North America, and Latin America. For each regional segment, the market size for future years has been analyzed which is based on revenue and market development between 2017 and 2026. On the basis of geography, the study finds that North America sports supplement market is expected to dominate the global sports supplements market through 2026 resulted by larger consumer base for the sports supplements and large sports industry in the region.
Moving further, the study broadly categorizes the market on the basis of product type, and distribution channel. By product type, the study covers non-protein, amino acids, creatin, beta alanine and l-carnitin, and protein. It has been analyzed that protein powders available in the market anticipated to fortify the demand for protein products in the coming years. Moreover, a major fact observed during the research is that higher occurrence of sedentary diseases and increases the risk of such diseases in urban regions is expected to drive the consumer to adopt a more supplement based lifestyle to curve out the issues.
At last, the report also features important business strategies adopted by the key players across the globe. They are Atlantic Grupa, NBTY Inc., Scitec Nutrition, Creative Edge Nutrition, Inc., Universal Nutrition., Glanbia Plc., Enervit S.p.A., Herbalife International, GlaxoSmithKline Consumer Healthcare, GNC Holdings, Inc. and others.
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