Rising Health Consciousness for Sports Nutrition Products,

According to Future Market Insights, the sports nutrition market will follow an impressive growth trajectory, expanding at nearly 10% from 2020-2030.

Increasing sporting activities by consumers to remain physically fit has led to a proliferation of fitness centers, health clubs, and online fitness classes, thereby opening up the market for sports nutrition products. These organizations market health supplements, energy drinks, and nutrition bars to attract memberships and generating revenue pools.

Both the millennials and geriatrics are signing up for these memberships. Rising incidences of chronic conditions such as obesity and joint pain are attracting both segments to follow a regular health and fitness regime, enabling them to remain healthy and active. Online classes have gained massive ground due to COVID-19.

“Increasing health and wellness trends is driving food fortification initiatives, thereby upscaling the market for sports nutrition products,” infers an FMI analyst.

Key Takeaways from FMI’s Sports Nutrition Market Report

Global sports nutrition market will reach US$ 64 Bn by 2030-end
Plant-derived ingredients find accelerated usage in manufacturing sports nutrition products in the B2B sector
Demand for organic products will surge in the upcoming forecast period
Surging e-commerce sales to boost online marketing of sports nutrition products
Consumer taste preferences transitioning from conventional chocolate and regular flavors towards fruit ones
Ready-to-drink beverages are highly popular among the millennials while tablets and capsules are the preferred mode of supplements for the elderly
North America will retain market hegemony during the forecast period

Sports Nutrition Market- Key Trends

Aggressive digital marketing and strategic sponsorships critical to ensuring the success of sports nutrition market players
Higher demand for clean label formulations are spurring manufacturers to include sustainable raw ingredients in their products
COVID-19 has induced a temporary stagnation in market expansion, due to stalling production in the wake of nationwide lockdowns. However, online sales are spurring companies to accelerate their production

Sports Nutrition Market- Region-wise Analysis

North America will capture nearly half of the global sports nutrition market attributed to the rise in physical fitness activities

Europe to supersede North America in terms of B2B operations, particularly in terms of raw ingredients used

Collectively, Latin America & East Asia will account for nearly 2/5th of the B2B sports nutrition market

South Asia will perform quite well in the B2C domain, attributed to the presence of a large number of buyers

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-12060

Disclaimer:

The information contained in this article is for educational and informational purposes only and is not intended as a health advice. We would ask you to consult a qualified professional or medical expert to gain additional knowledge before you choose to consume any product or perform any exercise.