Global Sports Food Market Overview:
Sports foods help people achieve specific nutrition for sporting performance goals. These intended supplements are the diet for sports. In this market, North America is having a leading market share due to increasing awareness of health issues. As there are many new products with additional nutrients and novel flavors are introduced in this market. Which become an attention seeker for consumers, and also submitted high growth to this market. Some of the players profiled in the study are Nestle SA (Switzerland), Danone S.A (France), Clif Bar & Company (United States), Alpsnack Inc (United States), The Hain Celestial Group Inc. (United States), Met-Rx Substrate Technology Inc. (United States), MusclePharm (United States), Reckitt Benckiser Group Plc (United Kingdom), Glanbia Plc. (Ireland) and Yakult Honsha Co Ltd. (Japan).
On the basis of geography, the market of Sports Food has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by User, the sub-segment i.e. Bodybuilding Users will boost the Sports Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Stores, the sub-segment i.e. Drug Stores will boost the Sports Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredient Types, the sub-segment i.e. Vitamins & Minerals will boost the Sports Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Availability of Sports Foods Products across Online Market, Supermarket and Departmental Stores
- Rapid Urbanisation and Health Concerns
- Innovative Product Development
Influencing Trend
- Rising Demand of Carbohydrates and Protein Foods
- Soya and Whey Are Major Provider of Protein in This Market
Restraints
- As Market Is Only Concentrated Among High And Higher Middle Income Groups. This Factor Is Restraining The Growth Of The Market
Opportunities
- This Market Expected Strong Opportunity Due To Increasing Numbers Of Gymnasiums, Health Clubs, and Fitness Centers
Key Market Developments:
In Apr 2019, The International Association Of Athletics Federations Released Its Statement On Sports Nutrition For Athletes That Preaches A Food First Philosophy As Well As A Personalized Approach.
These Sports Foods Products Are Regulated Under Standard 2.9.4 – Formulated Supplementary Sports Foods. and The New Zealand Supplemented Food Standard Allows For A Separate Category Of Foods That Have A Substance Or Substances Added Or That Have Been Modified In Some Way To Perform A Physiological Role Beyond The Provision Of A Simple Nutritive Requirement.
In This Market Is Players Are Adopting Mass Marketing Strategies, Which Made Sports Food Easily Available, Which Leads High Awareness Level In Consumers To The Pertaining To The Benefits Of Sports Food.
Target Audience:
Sports Food Providers, End Users, Government Bodies and Healthcare Industry
Major Objectives Focused through this Study
To define, describe, and forecast the Global Sports Food market on the basis of product [Energy Sports Food, Protein-Based Sports Food, Rehydration Sports Food, Pre-Workout Sports Food, Meal Replacement Sports Food and Others] , application [Male and Female], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Sports Food market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Sports Food industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Sports Food market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.