Sports Nutrition Market: North America to Represent Largest Market Through 2019

(Newswire.net — June 30, 2017) New York City, New York — Growing health awareness has revved up demand for sports nutrition in various fitness centers and health clubs. In addition, increasing participation in national and international sport events has contributed towards growth of the global sports nutrition market. Persistence Market Research has recently compiled a report, which reveals that the global sports nutrition market will witness a growth of 9.0% CAGR over the forecast period, 2013 – 2019.

Factors Propelling Growth of the Global Market

Growing health awareness and changing lifestyle of customers is likely to impact growth of the global sports nutrition market by the end of 2019. Moreover, surge in number of fitness centers and health clubs will fuel demand for sports nutrition during the predicted years. In addition, increasing participation of players in the national and international sports events will impact growth of the global sports nutrition market significantly by 2019-end. Sportspersons and bodybuilders will remain major consumers of sports nutrition products due to increasing participation in various sports events. Expansion of distribution channels and increasing preference of customers for quick meal and healthy snacks included in their diet will further contribute towards growth of the global sports nutrition market during the predicted years.

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In contrary to this, increasing threats of substitutes along with negative publicity about including banned or harmful ingredients is likely to inhibit growth of the global sports nutrition market during the predicted years. Additionally, changing consumer preferences will further hinder growth of the global sports nutrition market throughout 2025.

Sports Drinks to Remain Dominant

Sports drinks among other products will represent the largest segment in the global sports nutrition market during the predicted years. This segment represented a Y-o-Y growth of over 7.3% in 2012 as compared to 2011. The sports drinks segment accounted for US$ 12, 435 million in 2012, and is likely to remain dominant in the global sports nutrition market throughout 2019. This is mainly attributed to increasing number of sportspersons including weightlifters, bodybuilders, and athletes. U.S. among other countries of North America will represent the largest market for the sports nutrition during the predicted period. Italy, Germany, and U.K. will represent significant growth in this segment throughout 2019.

North America to Represent Largest Market

U.S among other countries of North America will account for the major market share during the predicted years. This country in North America will represent the largest market for the sports nutrition throughout 2019. Led by U.K., the sports nutrition market in Europe will further represent major market for products related to sports nutrition by the end of 2019. Italy, Germany, and U.K. are likely to witness significant growth during the predicted period. Asia Pacific among other developing regions will reflect a significant market growth throughout 2019. This is mainly attributed to increasing preference for nutritious diet and fitness and increasing health conscious customers. China and India among other countries in APAC will register the fastest growth during the predicted years. Moreover, the market for sports nutrition in these countries will underscore lucrative opportunities by 2019-end.

View Report Table of Contents, Figures, and Tables @ http://www.persistencemarketresearch.com/market-research/sports-nutrition-market/toc

Market Players

Major market players operating in the global sports nutrition market include Coca-Cola, PepsiCo, Clif Bar & Company, Glanbia, and Maxinutrition.