World Sports activities Vitamin Meals and Drinks Market to Attain $115.2 Billion by 2026

SAN FRANCISCO, March 23, 2022 /PRNewswire/ — A brand new market examine printed by World Trade Analysts Inc., (GIA) the premier market analysis firm, at this time launched its report titled “Sports activities Vitamin Meals and Drinks – World Market Trajectory & Analytics”. The report presents recent views on alternatives and challenges in a considerably remodeled publish COVID-19 market.

World Sports activities Vitamin Meals and Drinks Market to Attain 5.2 Billion by 2026

World Sports activities Vitamin Meals and Drinks Market to Attain $115.2 Billion by 2026

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Version: 21; Launched: February 2022
Government Pool: 14269
Corporations: 341 – Gamers lined embody Abbott Vitamin; Ajinomoto Firm; Clif Bar & Firm; Coca-Cola Co.; Monster Beverage Company; CytoSport, Inc.; Dr Pepper Snapple Group, Inc.; Glanbia Plc; Glanbia Nutritionals Restricted; Optimum Vitamin Inc.; GlaxoSmithKline Plc; GNC Holdings, Inc.; Lucozade Ribena Suntory Ltd.; Meiji Co., Ltd.; MusclePharm; Nature’s Bounty, Inc.; Nestle SA; Otsuka Pharmaceutical Co., Ltd.; PepsiCo Inc.; The Quaker Oats Firm, Inc.; Submit Holdings, Inc.; Pink Bull GmbH; Rockstar Inc.; The Stability Bar Firm; Twinlab Consolidated Holdings, Inc.; Vitaco Well being Ltd.; Weider World Vitamin, LLC; Yakult Honsha Co., Ltd. and Others.
Protection: All main geographies and key segments
Segments: Product Section (Sports activities Vitamin, Sports activities/Power Meals, Sports activities/Power Drinks); Distribution Channel (Offline, On-line); Finish-Use (Athletes, Bodybuilders, Way of life Customers, Leisure Customers)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Remainder of Europe; Asia-Pacific; Australia; India; South Korea; Remainder of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Remainder of Latin America; Center East; Iran; Israel; Saudi Arabia; UAE; Remainder of Center East; Africa.

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ABSTRACT-

World Sports activities Vitamin Meals and Drinks Market to Attain $115.2 Billion by 2026
The idea of sports activities vitamin revolves across the consumption of particular vitamins together with minerals, nutritional vitamins, dietary supplements and sure natural compounds comprising proteins, fat and carbohydrates. Progress out there might be pushed by growing demand for vitamin bars, ready-to-drink merchandise and vitality bars; and rising prominence of protein as essentially the most ubiquitous and vital ingredient. Proteins are anticipated to realize recognition as an efficient supply of a balanced and dietary weight loss plan on account of their useful advantages comparable to superior dietary worth, help to the immune system and weight administration. Further progress drivers embody exponential progress of well being golf equipment, health facilities, and leisure outfits; immense potential of non-protein merchandise; growing use of sports activities drinks as refreshment drinks; emergence of Web, significantly social media, as the brand new advertising and marketing platform; regular launch of merchandise with pure substances that supply lengthy lasting and sustainable vitality advantages; and ever altering taste developments. The COVID-19 pandemic resulted in a dramatic surge in sport vitamin product gross sales initially, as stringent measures to curb unfold of the virus prompted shoppers to stockpile merchandise. The spike in uptake of protein bars and related merchandise through the pandemic has prompted varied suppliers to launch plant-based sports activities snacks. The market is slated to realize from reopening of gyms and health facilities following easing of COVID-19-related guidelines and tips.

Amid the COVID-19 disaster, the worldwide marketplace for Sports activities Vitamin Meals and Drinks estimated at US$90 Billion within the yr 2022, is projected to achieve a revised dimension of US$115.2 Billion by 2026, rising at a CAGR of 6.2% over the evaluation interval. Sports activities Vitamin, one of many segments analyzed within the report, is projected to file a 5.1% CAGR and attain US$25.6 Billion by the top of the evaluation interval. After an intensive evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Sports activities/Power Meals section is readjusted to a revised 7.1% CAGR for the following 7-year interval. Sports activities vitamin merchandise have been historically developed and consumed by bodybuilders and athletes to boost their efficiency and stimulate muscle progress. In recent times, sports activities vitamin merchandise have began discovering mass adoption amongst leisure and life-style customers. The pattern displays a notable enlargement of client demographic out there.

The U.S. Market is Estimated at $41.4 Billion in 2022, Whereas China is Forecast to Attain $14.4 Billion by 2026
The Sports activities Vitamin Meals and Drinks market within the U.S. is estimated at US$41.4 Billion within the yr 2022. China, the world`s second largest financial system, is forecast to achieve a projected market dimension of US$14.4 Billion by the yr 2026 trailing a CAGR of 8.2% over the evaluation interval. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 4.9% and 5.5% respectively over the evaluation interval. Inside Europe, Germany is forecast to develop at roughly 5.8% CAGR. Excessive ranges of well being consciousness, widespread and quick access to merchandise, growing old child boomers and need to steer bodily energetic life, and must fight rising prevalence of weight problems symbolize key progress drivers within the US market. Creating nations throughout Asia-Pacific and Latin America present great progress alternatives. The notable enlargement is attributed to ongoing transformation in financial system, life-style and spending patterns throughout Asian nations on account of robust progress charges, rising disposable incomes, and bettering residing requirements. Furthermore, growing well being consciousness and indulgence of individuals in health and out of doors sports activities actions is prone to enhance demand for sports activities vitamin merchandise throughout the area.

Sports activities/Power Drinks Section to Attain $85.9 Billion by 2026
Sports activities drinks at this time are slowly foraying into the bigger beverage market and are actually changing into part of the mainstream market. A fitness-crazy technology and the good-health picture of sports activities drinks are driving progress in sports activities/vitality drinks segments. Moreover, sports activities drinks are more and more getting used as refreshment drinks, that are additional fueling demand for these merchandise within the market. Within the world Sports activities/Power Drinks section, USA, Canada, Japan, China and Europe will drive the 6.2% CAGR estimated for this section. These regional markets accounting for a mixed market dimension of US$48.5 Billion will attain a projected dimension of US$74.1 Billion by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by nations comparable to Australia, India, and South Korea, the market in Asia-Pacific is forecast to achieve US$8 Billion by the yr 2026, whereas Latin America will increase at a 7.9% CAGR by means of the evaluation interval.
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