Sports Fitness Nutrition Foods Beverages Market to Hit – GlobeNewswire
| Source: Vantage Market Research Vantage Market Research
WASHINGTON, Sept. 27, 2022 (GLOBE NEWSWIRE) — The global Sports Fitness Nutrition Foods Beverages Market size is expected to reach over 112,189.18 USD Million by 2028, exhibiting a CAGR of 5.90% during the forecast period.
The growth in the Sports Fitness Nutrition Foods Beverages Market is mainly attributed to increasing demand for nutrition bars, energy bars, ready-to-drink products, and growth in the importance of protein as a valuable ingredient. Moreover, proteins are projected to increase their popularity as an effective source of a nutritional and balanced diet along with their functional benefits like weight management, and support to the immune system which is projected to boost the market growth during the forecast period. Many of the athletes are consuming nutritional products in order to boost their performance, endurance, and muscle recovery which is expected to drive the growth of the Sports Fitness Nutrition Foods Beverages Market during the forecast period. Additionally, shifting of consumers towards convenient nutrition to become more rampant, increasing use of sports beverages as refreshment drinks, and latest product launches along with natural ingredients that provide long-lasting energy benefits are the other major factors expected to increase the demand for sports fitness nutrition foods beverages in coming years. The Sports Fitness Nutrition Foods Beverages Market is expected to witness the highest growth due to the increasing awareness and importance among consumers about carbohydrates, proteins, and vitamins in the everyday diet for good health.
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List of Prominent Players in the Sports Fitness Nutrition Foods Beverages Market:
Key Industry Findings & Insights from the report:
The rapid pace of urbanization, growth in the number of non-traditional users, and growth of the global sports nutrition market including an increase in the number of fitness centers and health clubs are the major factors driving the growth of the sports nutrition food beverage market during the forecasting market. Various innovations in the sports nutrition market for making the products more effective and safer to consume is the other factor projected to boost the demand of sports fitness nutrition foods beverage market in upcoming years.
Poor nutrition knowledge and dietary extremism are the major challenges hindering the market growth during the forecast period. Poor practical knowledge in choosing meals and decreased access to food due to frequent traveling and busy schedules are creating limitations in the growth of the Sports Fitness Nutrition Foods Beverages Market.
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North America is expected to grow at the highest CAGR during the forecast period. The growth of North America in the sports nutrition beverage market is primarily attributed to the increasing demand for sports nutrients from sports clubs and fitness clubs. In addition, the demand for ready-to-drink sports nutrition products in Canada is projected to contribute to the growth of the Sports Fitness Nutrition Foods Beverages Market during the forecast period. The increasing concerns regarding health, shifting dietary plans, and changing lifestyles are increasing the demand for sports nutrition food beverages in North America. Moreover, the innovative development of new flavors in energy drinks and sports nutrition along with the health benefits is expected to boost the demand for sports nutrient food beverages in the North American region.
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The report on the Sports Fitness Nutrition Foods Beverages Market highlights:
Browse market data Tables and Figures spread through 142 Pages and in-depth TOC on “Sports Fitness Nutrition Foods Beverages Market Size, Share & Trends Analysis Report by Product (Sports Nutrition, Sports/Energy Foods, Sports/Energy Drinks), by Distribution Channel (Offline, Online), by End-Use (Athletes, Bodybuilders, Lifestyle Users, Recreational Users), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)”.
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