Sports Nutrition Market to Witness 9% CAGR Boom Through 2021-26 – Latest MarkNtel Advisors Report

The market is expected to grow at a CAGR of around 9% during (2021-26).

Jul 8, 2024 - 13:11
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Sports Nutrition Market to Witness 9% CAGR Boom Through 2021-26 – Latest MarkNtel Advisors Report

Market Overview: Global Sports Nutrition Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Sports Nutrition Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Sports Nutrition Market Insights 2021-26

The Global Sports Nutrition Market Analysis, 2021”, the market is expected to grow at a CAGR of around 9% during (2021-26).

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Top Players in the Sports Nutrition Market:

  • Pepsi Co, Inc.
  • GlaxoSmithKline PLC
  • The Coca-Cola Company
  • Abbott Laboratories Inc
  • Reckitt Benckiser Group plc
  • Otsuka Holdings Co, Ltd.
  • Clif Bar & Company
  • Glanbia Plc.
  • Optimum Nutrition
  • Hormel Foods Corporation
  • Post Holdings, Inc.
  • GNC Holdings Inc.
  • YAKULT
  • Multipower
  • MusclePharm Corporation

Segmentation Analysis of Sports Nutrition Market

Sports Nutrition Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2021-26, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By product type

The market divides into Protein Powder, Iso Drink Powder, Supplement Powder, Protein Bars, Carbohydrate/Energy Bars, Carbohydrate Drinks, Tablets/Capsules, RTD Protein Drinks, Iso Drinks, and Other Supplements. The supplement powder segment acquired the largest share in the Global Sports Nutrition Market in 2019. Reason being, the burgeoning awareness regarding physical fitness among consumers entwined with the easy commercial availability of supplement powder. An increase in the number of market players, launches of new products, and increasing product portfolio based on taste and preferences indicate the growing demand for sports supplements, reveals MarkNtel Advisors in their research report, "Global Sports Nutrition Market Analysis, 2021."

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-By Raw Material

  • Animal Based
  • Plant Based
  • Mixed

-By End User

  • Athletes
  • Body Builders
  • Lifestyle Users
  • Recreational Users

-By Distribution Channel

  • Pharmacies/Drug Stores
  • Supermarkets/Hypermarkets
  • Departmental/Retail Stores
  • Direct Selling
  • E-Commerce
  • Fitness Institutions

A Comprehensive Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Region-wise, North America held the highest share in the Global Sports Nutrition Market in 2019 owing to the increasing number of gyms and fitness centers. Besides this, snowballing government initiatives to promote sport-related activities and the presence of key market players in the region has also boosted the growth of the sports nutrition market. Further, with significant market space, huge disposable income, and changing lifestyle offers an incredible opportunity for the sports nutrition market growth.

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About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 19 diverse industrial verticals.

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