Global Sports Food Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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The Sports Food Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2031.
The Sports Food Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global sports food market report has been segmented on the basis of product type, distribution channel, gender, and region.
This Sports Food Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analhttp://Sports Food Marketysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Sports Food Market Overview:
“The Sports Food Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Sports foods are specially designed food products used by individuals to achieve their nutritional or sporting performance goals.
Sports food consists of energy bars, protein bars, and nutritional powder which provides individuals with additional benefits apart from their regular diets, especially additional energy.
Sports food primarily consists of higher levels of vitamins and minerals.
An increasing number of health clubs and fitness centers and increasing preference by individuals for a healthy lifestyle are major factors driving the growth of the global sports food market.
In addition, the increasing availability of sports nutrition and nutritional food products that are ready to eat is another major factor expected to boost the growth of the global sports food market over the forecast period.
However, the high cost of various sports food products is a major factor restraining the growth of the global sports food market. Additionally, lack of awareness about sports food in various emerging economies is another major factor expected to hamper the growth of the global sports food market over the forecast period.
Currently, the market in North America accounts for the highest share in the global sports food market in revenue terms, owing to high disposable income and the increasing number of sports enthusiasts in the region.
The market in Europe accounted for second-highest revenue share in the global sports food market, due to increasing presence of prominent sports food vendors and growing awareness among the general population for leading a healthy lifestyle in this region, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively.
The market in the Asia Pacific is projected to witness the fastest growth in terms of revenue, owing to increasing health consciousness among the general population and increasing preference for fitness and nutritious food products among individuals in emerging economies in the region.
Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.
Global sports food market segmentation:
By product type:
- Energy Sports Food
- Protein-Based Sports Food
- Rehydration Sports Food
- Pre-Workout Sports Food
By distribution channel:
- Drug Stores
- Supermarkets and Hypermarkets
- Online Stores
- Convenience Stores
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Nestle SA,
- Danone S.A
- Clif Bar & Company
- Alpsnack Inc.
- The Hain Celestial Group, Inc.
- Met-Rx Substrate Technology, Inc.
- Reckitt Benckiser Group Plc.
- Glanbia Plc.
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