Global Sports Nutrition Market - Share, Analysis, Trends, Forecast to 2019

Submitted by: Submitted by

Views: 10

Words: 1937

Pages: 8

Category: Business and Industry

Date Submitted: 02/29/2016 10:12 PM

Report This Essay

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...