Press release
Sports Nutrition Market To 2024
Sports Nutrition Market
Global sports nutrition market is estimated to be around USD 22 Billion in 2015 and will grow at 10.2% YOY. Expected to reach $ 38 billion by 2024.
Sports nutrition market going through some changes from synthetic ingredients to herbal products. North America contributes 52% of the market followed by Europe (32%) and ROW (16%).
The market is witnessing growth in awareness, usage and acceptance in large within general public. While the urge to use these products rising, concern on safety is a big question in consumer mind. This is leading them to look for more natural formulation.
Public awareness of its benefit is driving the demand for sports nutrition product in Europe. Overall increase in sports as a career choice and increased involvement of young crowds boosting this market. As per our survey, 78% of respondents in EU said to have high recommendation towards to sports as career choice and intent to know more about sports nutrition choices.
In some of the emerging market, production and availability of products with toxic ingredients, fake products and undue promotions are causing deterrent to this market.
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Key findings from the study: -
1. Global sports nutrition market is estimated to be around USD 22 Billion in 2015 and will grow at 102% YOY. Expected to reach $ 38 billion by 2024.
2. Sports nutrition market going through some changes from synthetic ingredients to herbal products.
3. North America contributes 52% of the market followed by Europe (32%) and ROW (16%).
Ameri Research has segmented the Sports Nutrition Market by material categories, product type, end-use and region:
BrowseFullReport@ https://www.ameriresearch.com/product/sports-nutrition-market/
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Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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