Drinks Dominated The Global Sports Nutrition Market In Terms Of Revenue In 2019, Accounting For Approximately 59 Percent Of The Market

 

Sports Nutrition

Sports nutrition are nutritional products that are specifically intended for bodybuilders and athletes to improve their general health. These items function as a fuel that is required during strenuous exercises in order to improve performance and recuperation. Sports nutrition is a practical type of nutrition that athletes can simply eat to boost their nutritional intake. Natural ingredients such as milk, egg proteins, vegetable starches, fibres, sugars, vitamins, minerals, and herbs are used to make sports nutrients.

 

The global Sports Nutrition Market is expected to exceed $75.0 billion in revenue by the end of 2027, rising at a CAGR of 9.0 percent during the forecast period (2020 to 2027). In terms of revenue, North America dominated the global sports nutrition market in 2019, accounting for 53% of the total, followed by Europe and Asia-Pacific, respectively. Increased product visibility as a result of manufacturers' increased attention on promoting their goods at sporting events is predicted to generate huge growth potential. Sports events provide a fantastic and profitable platform for promoting and delivering sports nutrition as well as raising knowledge about their brands and products. As a result, the increasing emphasis of sports nutrition manufacturers on promoting their product is expected to boost market growth.

 

Drinks dominated the global Sports Nutrition Market in terms of revenue in 2019, accounting for approximately 59 percent of the market, followed by supplements and food, respectively. Maxinutrition, Glanbia, PepsiCo, GNC Holdings, Clif Bar & Company, The Coca-Cola Company, and Universal Nutrition are key players in the global sports nutrition market. The growing trend of consuming plant-based and vegan supplements is expected to fuel the growth of the sports nutrition market. For example, to meet the growing consumer demand for vegan products, UK sports nutrition brand Myprotein launched a clear plant-based protein shake in the US market in March 2020. The powdered Clear Vegan Isolate is available in two flavours: Coconut & Mango and Pear & Ginger.

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