Global Sports Nutrition Foods and Drinks Strategic Business Report 2023: Clean Label Products Set to Make Robust Gains
DUBLIN, March 31, 2023 /PRNewswire/ -- The "Sports Nutrition Foods and Drinks: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Sports Nutrition Foods and Drinks estimated at US$90 Billion in the year 2022, is projected to reach a revised size of US$149.9 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.
Sports Nutrition, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$30.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Sports/Energy Foods segment is readjusted to a revised 7.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $41.4 Billion, While China is Forecast to Grow at 8.4% CAGR
The Sports Nutrition Foods and Drinks market in the U.S. is estimated at US$41.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20 Billion by the year 2030 trailing a CAGR of 8.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$12.9 Billion by the year 2030.
Select Competitors (Total 341 Featured) -
Clif Bar & Company
Monster Beverage Corporation
Dr Pepper Snapple Group, Inc.
Glanbia Nutritionals Limited
Optimum Nutrition Inc.
GNC Holdings, Inc.
Lucozade Ribena Suntory Ltd.
Meiji Co., Ltd.
Nature's Bounty, Inc.
Otsuka Pharmaceutical Co., Ltd.
The Quaker Oats Company, Inc.
Post Holdings, Inc.
Red Bull GmbH
The Balance Bar Company
Twinlab Consolidated Holdings, Inc.
Vitaco Health Ltd.
Weider Global Nutrition, LLC
Yakult Honsha Co., Ltd.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Sports Nutrition Industry Faces Unique Challenges Amid the Pandemic
Global Sports Industry Revenues (In US$ Billion)
Changing Relationship with Exercise Opens New Avenues for Sports Nutrition Brands
Fitness Routine Changes of People as A Result of COVID-19
Sports Nutrition Brands Align Strategies with Evolving Consumer Choices
Sports Nutrition Foods and Drinks - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Sports Nutrition Foods and Drinks: A Prelude
Consumption of Sports Nutrition Products by Consumer Type
Product Overview and Scope
Sports and Energy Foods
Sports and Energy Drinks
Major Ingredients and their Attributes
Differences between Sports and Energy Drinks
Sports and Energy Drinks Dominate the Market
Growth Trend in the Energy Drinks Market to Continue
Developing Markets Drive Market Growth
Growth Drivers in a Nutshell
Market Share of Leading Players in the Global Sports Nutrition Market: 2019
Niche Players Encroach on Big Brands' Space
Competition in Sports Drinks Market
Disruptive Sports Nutrition Offerings from Entrepreneurial Startups
Brand Positioning: A Must for Functional Sports Drinks
Beverage Companies Seek Bigger Role in Energy Drink Market
Constant Flavor Innovations: The Saga Continues
Producers to Leverage Opportunities Offered by Underpenetrated Developing Countries
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Key Evolving Trends Shaping Future Market Growth
Shift towards Personalization & Customization
More Diverse RTD Beverages Offering on the Cards
Gap between Economical and Premium Products to Widen Further
Shift towards Convenient Nutrition to Become More Rampant
Sustainability Practices Make their Way into Sports Nutrition Domain
Immune Health Products Gain Traction
Active Lifestyle Consumers Extend Opportunities
Technology Trends Impacting Sports Nutrition Market
Clean Label Products Set to Make Robust Gains
Blurring Lines between Sports Nutrition and Standard Health & Wellness Foods Drive Strong Market Growth
Focus on Functional Sports Nutrition Foods and Beverages
Need for Quick Meal Replacement, Healthy Snack Boosts Demand from Non-Athletes
Endurance, Cardiovascular, Bone Health, and Other Wide Ranging Benefits Drive Robust Demand for Protein-Based Products
Shift to Plant-based Protein Aid Market Growth
Plant-based Products: An Emerging Trend
Growth in Gyms, and Health Clubs to Improve Demand
Number of Health and Fitness Clubs Worldwide (in Thousands): 2011: 2025
Sports & Energy Drinks Get Mainstream
Recent Trends in the Sports and Energy Drinks Market
The Smart Edge to Esports Drinks
Fortified Rehydration Drinks and Powders
Superdrinks : The All-in-One Solution
Product Migration to Natural Sweeteners
Health Issues to Lower Demand for Sugar-Sweetened Products
Top 10 Claims of Product Launches in the Global Sports & Energy Drinks Market
Trend towards Natural, Plant-based, Clean Drinks
Growing Interest in Indulgent, Nutritious, and Convenient On-the-go Snacks Drive Demand for Nutrition Bars
Recent Trends in Nutrition Bars
Changing Consumer Needs Drive Demand for Whole Grain Nutrition Bars
Demand for Natural, Clinically-Proven Ingredients Witness an Upward Trend
Changing Face of Sports Drink Formulations
Creatine, Ribose, and CoQ10: Important Ingredients in Products Meant for Pre-Workout
With Fitness & Gym Trainers Promoting Healthy Diets as Part of Fitness Routines, Health & Wellness Foods Market Set to Grow
Online Retail Gains Spotlight Amid COVID-19
Global Retail E-Commerce Website Traffic in Average Monthly Visits (in Billions) for Jun-2019 to Jun-2020
Millennials Inclination towards Health & Fitness and the Ensuing Focus on Health Foods and Drinks Drive Market Gains
Global Millennials Population Spread by Region: 2019
Millennial Population as a Percentage (%) of Total Population in Select Countries: 2019
Focus of Young Women on Sports and Fitness Benefit Market Expansion
Increasing Obesity Levels Underpins Market Growth
Average Per Capita Annual Health Expenditure (In US$) due to Obesity
EXHIBIT : Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
Favorable Demographic & Economic Trends Strengthen Market Prospects
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Exponential Increase in Urban Population
World Urban Population in Thousands: 1950-2050P
Increasing Affluence of the Ballooning Middle Class Population
Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/p6eo4r
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