Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Sports
Supplements Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Sports Supplements Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Sports Supplements Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Sports Supplements Market is offered. In accordance
with the report, the global Sports Supplements Market is projected to expand at
a CAGR of 7.32 % over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Increasing
consumer inclination towards healthy lifestyle and general wellbeing in turn,
is driving demand for health-related products such as organic food, dietary
supplements, and sports supplements. Manufacturers are focusing on increasing
production capacities for sports supplements products to cater to increased
demands for the same.
Dairy proteins
are integral ingredients in sports nutrition products. Sports nutrition
manufacturers are focusing on launching application specific products with
specialty ingredients in order to cater to growing demand for the same.
Ø
In September
2014, Arla Foods Ingredients launched Lacprodan HYDRO.365—a whey protein
developed for runners, cyclists and triathletes
Health conscious consumers and weekend fitness warriors
who form the core consumer cluster for sports nutrition products, are more
inclined towards general health and wellbeing rather than on performance.
Manufacturers can develop specific products to target this segment, in order to
increase sales volumes. Manufacturers can focus on development of easy to consume
on-the-go sports nutrition products to cater to rising demands of health
conscious consumers with fast-paced lifestyle
Sports supplements products are categorized differently
from drugs and hence, are governed by different regulations. Production and
distribution of supplements are not controlled by any legal procedures as in
the case of drug registration. Thus, the responsibility of ensuring safety of
sports supplements products remains with the manufacturers and not with any
regulatory body.
Increasing health awareness and rising number of gym
goers in North America is anticipated to drive growth of sports supplement
market over the forecast period
Segment Covered:
This market
intelligence report on the global Sports Supplements Market encompasses market
segments based on type, nature, sales channel and country/regions.
In terms of type, the global Sports
Supplements Market is segregated into:
§ Protein
o
Powder
o
Bar
o
Ready To Drink
§ Non- Protein
o
Amino Acids
o
Creatine
o
Beta Alanine
& L- Carnitine
In terms of nature, the global Sports
Supplements Market is segregated into:
§ Organic
§ Conventional
In terms of sales channel, the global Sports
Supplements Market is segregated into:
§ Hypermarkets/Supermarkets
§ Specialty Stores
§ Pharmacy & Drug Stores
§ Online Retail
§ Others
By country/region, the global Sports Supplements Market has
been divided into:
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Hormel Foods Corporation
§ Glanbia plc
§ GNC HOLDINGS, INC.
§ Post Holdings Inc.
§ GlaxoSmithKline plc.
§ Herbalife Nutrition Ltd.
§ Enervit
§ Muscle Pharm
§ Freedom Foods Group Ltd.
§ Atlantic Grupa
§ Lovate Health Sciences International Inc.
§ Twinlab Consolidated Holdings Inc.
§ Scitec Nutrition
§ Clif Bar & Company
§ Arla Foods
§ Samworth Brothers
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Sports Supplements Market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Sports Supplements Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Sports
Supplements Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Hormel, Enervit, Muscle
pharm and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Sports
Supplements Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Sports
Supplements Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Sports Supplements Market
v
Identification
of key factors driving investment opportunities in the Sports Supplements
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key strengths
and weaknesses of important market participants