Transparency
Market Research (TMR) has published a new market study on the global
sports nutrition products market, titled “Sports Nutrition Products
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020”. The report states that the global sports
nutrition products market, which stood at US$30 bn in 2013, is
expected to be worth US$52.55 bn by 2020, displaying an 8.5% CAGR
from 2014 to 2020. By volume, the global sports nutrition products
market totaled 8.58 bn kg in 2013 and is expected to amount to 14.67
bn kg by 2020, increasing at a CAGR of 8% from 2014 to 2020.
TMR
analysts say that lack of inflation in the sports nutrition products
market in the forecast period, which is indicated by the marginal
difference in the market’s CAGR by revenue and volume, will benefit
growth of the market.
Browse
the full Sports Nutrition Products Market report
at:http://www.transparencymarketresearch.com/sports-nutrition-market.html
Historically,
in developing economies in Asia Pacific and in Rest of the World,
lack of education and insufficient resources have been reasons for
the average consumer to refrain from buying new healthcare products.
Nevertheless, in recent times, due to economic development and
consequent increase in purchasing power, large manufacturers of
sports nutrition products are mainly targeting these regions for
increased market share in the global sports nutrition products
market.
However,
in these regions, the limited number of official distribution
channels for sales of sports nutrition products is challenging growth
of this market. As a repercussion, substitute products that are
available at much lower prices are benefitting due to the operating
insufficiencies in the sports nutrition products market.The report
examines the global sports nutrition products market on the basis of
products and geography. By product, sports food, sports supplements,
and sports drinks are the various segments of the sports nutrition
products market.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1751
In
2013, sports drinks dominated and accounted for 8.21 bn liters in the
sports nutrition products market. However, sports food is slated to
emerge as the fastest growing product segment, displaying a CAGR of
9.6% for the forecast period. Sports supplements currently account
for 10% of the market by revenue and will exhibit steadfast growth
between 2014 and 2020.By geography, the global sports nutrition
products market is divided into North America, Asia Pacific, Europe,
and Rest of the World (RoW). Amongst all, North America is the
largest market for sports nutrition products and will retain its
dominance for the forecast period.
Europe
stands as the second largest market for sports nutrition products,
with the region expected to display a CAGR of 8.2% for the forecast
period and reach a valuation of US$15.45 bn by 2020.However, Asia
Pacific will emerge as the fastest growing market for sports
nutrition in the forecast period.The major companies operating in the
global sports nutrition products market are Maxinutrition Ltd (U.K.),
The Coca-Cola Company (U.S.), GNC Holdings (U.S.), Nestle S.A.
(Switzerland), Abott Nutrition Inc(U.S), PepsiCo (U.S.), Glanbia Plc
(Ireland), Monster Beverage Corporation, Reckitt Benckiser Group Plc
(U.K.), and Yakult Honsha Co Ltd. (Tokyo).
The
report segments the sports nutrition market as:
Global
Sports Nutrition Market, by Product Type
- Sports Food
- Sports Drinks
- Sports Supplements
Global
Sports Nutrition Market, by Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/sports-nutrition-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Atil Chaudhari
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State Street, Suite 700
Albany,
NY 12207
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+1-518-618-1030
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