Fact.MR has recently published a fresh research assessment titled Sports Nutrition Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022 which present a comprehensive outlook related to the ongoing trends and opportunities set to influence the global Sports Nutrition market. This report functions to enlighten readers about the expected growth prospects and dynamics which would reforming the target market between 2017 and 2022. According to research findings, the global Sports Nutrition market is estimated to record growth at 5.2% CAGR during the forecast period until 2022.
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This intelligent assessment provides exclusive information associated to potential sales upgradation and demand for Sports Nutritionacross prime economies. In addition, readers can access precise data related to section-wise market investigation in terms of Product Type, Function, Distribution Channel Region.
5 Key Highlights on Global Sports Nutrition Market
North America is expected to be dominant in the global sports nutrition market. The market is estimated to reach close to US$ 4,000 million value by the end of 2022. Increasing participation in sports activities with the development of sports infrastructure and obesity as a significant health concern among people, the sports nutrition market in North America is expected to witness steady growth.
Europe is expected to emerge as the second largest market in sports nutrition. The region is anticipated experience above average growth during 2017-2022.
Powder sports nutrition products are likely to emerge as one of the highly preferred products in sports nutrition. Towards the end of 2017, powder sports nutrition products are expected to gain around two-third of the revenue share on global revenues.
With the increasing prevalence of obesity and overweight, weight management is expected to be the most adapted and important approach towards a healthy lifestyle. Hence, sports nutrition will witness high adoption in weight management. Weight management as a function type in sports nutrition is estimated to reach nearly US$ 4,500 million revenue towards the end of 2022.
Institutional sales is likely to emerge as one of the biggest distribution channels for sports nutrition. Towards the end of 2022, institutional sales of sports nutrition is projected to bring in nearly US$ 2,700 million revenues. Meanwhile, online stores are also expected to witness significant growth during the forecast period.
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As the report concludes, readers can receive precise data highlighting the competitive landscape active across the global Sports Nutrition market. This portion clearly details about the contributions provided by leading manufacturers towards the development of the Sports Nutrition market. Furthermore, insights related to competitive trends are clearly discoursed for benefitting stakeholders and new investors. Some of the chief players mentioned in the report are (Abbott Laboratories, Glanbia Plc., GlaxoSmithKline Plc., GNC Holdings Inc., Amway Corporation).