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Date Submitted: 02/29/2016 10:12 PM
Global Sports Nutrition Market - U.S. and countries in Europe have
been the dominant market shareholders (2019)
Persistence Market Research
Global Sports Nutrition Market Will Reach
USD 37.7 Billion in 2019 - Persistence
Market Research
Persistence Market Research
1
Global Sports Nutrition Market - U.S. and countries in Europe have
been the dominant market shareholders (2019)
Persistence Market Research Released New Market Report “Global Market Study on Sports
Nutrition: Asia Pacific to Witness Highest Growth by 2019,” the global sports nutrition
market was valued at USD 20.7 billion in 2012 and is expected to grow at a CAGR of 9.0%
from 2013 to 2019, to reach an estimated value of USD 37.7 billion in 2019.
Market History:
Increasing health awareness, healthy lifestyle and rising number of health clubs and fitness
centers and changing consumer clusters for nutritional product across the globe are the key
growth drivers for the global sports nutrition market. According to a report published by a
U.K.-based independent food research company in 2012, the proportion of respondents
following healthy diet in the U.K. has increased from 70% in 2004 to 80% in 2012.
Traditionally, bodybuilders and sportspersons are the major consumers for sports nutrition
products. However in recent years, new user groups (recreational and lifestyle users) have
increased their market share of sports nutrition. The market for sports nutrition is expanding
from its major markets (North America) towards developing markets of Europe and Asia
Pacific owing to ever-increasing population, rising income and rising living standard of
consumers in these region. Countries such as India and China with their fast pace economic
growth offer huge opportunities for sports nutrition market in the future. Moreover, surge in
national and international sporting events and increased global participation in these;
provide a good launch pad for the sports nutritional products.
Interested in report: Please...