Global Market Study
on Sports
Supplements: NonProtein Products to Witness Substantial Growth During 2017 - 2025
Persistence Market Research (PMR), in its recent outlook titled, “Sports
Supplements Market: Global Industry Analysis 2012-2016 and Forecast 20172025”, has presented revised forecasts of the global sports supplements market
that covers various angles necessary to gauge the market scenario in the present
timeline as well as few years down the line. The reader can assess the market
and can prioritize his moves basis the intelligence and actionable insights
provided in this fact based research report.
The sports supplements are targeted towards the consumer base who are
interested in increasing their ability to perform a different function related to
their sports and also to the consumer who leads an active lifestyle. The
supplements in both the cases support and maintain the body functionalities and
save guards the consumers from deficiency from any form of nutrients and
minerals required to the human body.
By product type, the market is segmented as non-protein and protein products.
The non-protein products are expected to capture comparatively lower value
share over the forecast period owing to its low quantity need per serving and
lesser requirement in sports-related functionality. The protein segment is
expected to see a larger share comparatively to non-protein segment owing to
its greater requirement and larger application in functionality in sports-related
functionality.
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The protein segment is further sub-segmented into powder, bar, and ready-todrink. The powder segment is expected to capture larger share over the forecast
period as the other mentioned segments are comparatively new to the offering.
The ready-to-drink segment is expected to gain traction in the market efficiently
producing a lucrative opportunity for the manufacturers.
The non-protein segment is further sub-segmented into Amino Acids, Creatin,
and Beta alanine & L-Carnitin. The amino acid segment is expected to
dominate the global non-protein segment over the forecast period resulted by its
larger requirement in maintaining functionality and improve the performance of
the athletes.
By distribution channel, the sports supplements market is segmented into
Fitness Club, Health Food Stores, Online Stores, Pharmacy & Drug Stores, and
Supermarkets. The health food store segment is expected to capture
comparatively larger share in the global sports supplement market over the
forecast period owing to its specific consumer base and larger penetration in
developed regions. This segment is estimated to reach a valuation of more than
US$ 5 Bn by the end of the year of assessment. However, the online stores
segment is projected to grow at the fastest pace during the period of forecast.
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With respect to region, the North America sports supplement market is
expected to dominate the global sports supplements market over the forecast
period resulted by larger consumer base for the sports supplements and large
sports industry in the region. The Western Europe region is anticipated to fall
next to North America resulted in its large sports industry and penetration of
nutritional products into the region. Both of the above regions comprises of a
large number of working population who are a major consumer base for the
sports supplement. APAC is expected to create immense opportunity for the
manufactures over the forecast period resulted by its growing urban population
and consumption of dietary supplements. Sports supplements market in APAC
is projected to grow at a value CAGR of 9.5% during the forecast period. Latin
America region largely follows the North America market trends and is
expected to pick up the same over the forecast period with increased penetration
of sports supplement products into the region.
Detailed profiles of the providers are also included in the scope of the report to
evaluate their long-term and short-term strategies, key offerings and recent
developments in the edible films and coating space. Sports supplements
manufacture include Atlantic Grupa, Creative Edge Nutrition, Inc., Enervit
S.p.A., GlaxoSmithKline Consumer Healthcare, GNC Holdings, Inc., Glanbia
Plc., Herbalife International, NBTY Inc., Scitec Nutrition, and Universal
Nutrition.
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