Sports Nutrition Market Size, Emerging Trends, Forecasts, and Analysis 2021-2026
JUNE 13th 2022 /IndustryNewsGlobal/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Sports Nutrition Market.
Sports Nutrition Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Sports nutrition market is likely to witness a promising CAGR of 12.1% during the forecast period. The prime factor that is contributing to the demand for sports nutrition is the growing health and wellness awareness across the globe.
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Segment Analysis
Based on the distribution channel type, the market is segmented as supermarkets/hypermarkets, convenience stores, specialty stores, online stores, and other distribution channels. The online stores segment is expected to expand with the fastest CAGR over the forecast period owing to rising customer preference for e-commerce websites coupled with the availability of the widest variety of sports nutrition with global reach.
In terms of regions, North America is estimated to contribute for the largest market share. The North American market is expected to grow with a lucrative CAGR due to high awareness regarding health and fitness in the region coupled with high adoption of advanced nutrition. Presence of dominant market players and rising popularity of sports nutrition among recreational and lifestyle users along with sportspersons will augment the regional growth over the foreseeable future.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Sports Nutrition Market analysis report discusses the following heads in great detail:
· Market structure: Overview, industry life cycle analysis, supply chain analysis
· COVID-19 Impact Assessment
· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
· Market trend and forecast analysis
· Market segment trend and forecast
· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
· Attractive market segments and associated growth opportunities
· Emerging trends
· Strategic growth opportunities for the existing and new players
· Key success factors
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