Sports Supplement Market 2019 Global Share, Trends, Segmentation, Analysis and Forecast to 2025
Jun 20, 2019 8:02 PM ET
Sports Supplement Market 2019
Sports supplements are dietary supplements that help enhance athletic performance by providing alternate and additional nutrients. These products are generally marketed to people involved in athletics, bodybuilding, and weightlifting.
One of the latest trends that gain traction in the global sports supplement market is the innovation in sports nutrition products. To remain competitive in the market, the vendors are constantly focusing on innovating their products to enhance their product lines. These innovations are focused on the requirements of consumers such as athletes who participate in a wide range of sports. With the focus of introducing new products, sports supplement companies are working on creating innovative products with high quality and no side-effects. Sports supplements find applications in sports and are widely required by athletes who use different types of supplements that are known to help improve the beneficial effects of beta-alanine, nitrate, and vitamin D. Thus, the product improvements and innovations will propel the demand for sports supplements during the forecast period.
The objectives of this study are to define, segment, and project the size of the Sports Supplement market based on company, product type, end user and key regions.
This report studies the global market size of Sports Supplement in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sports Supplement in these regions.
This research report categorizes the global Sports Supplement market by top players/brands, region, type and end user. This report also studies the global Sports Supplement market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Glanbia Nutritionals
GlaxoSmithKline
PowerBar
Science in Sports
Universal Nutrition
Market size by Product
Powders
Bars
Ready-to-Drink
Creatine
Whey
Others
Market size by End User
Online Stores
Retail Outlets
Market size by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Healthcare has been a major concern for humans since the dawn of societal structures. History has showcased various methods developed to enable preventive and corrective measures for the maintenance and enhancement of the health of humans. In the past few decades, the global healthcare industry has witnessed proliferated growth. Some of the main reasons behind a snowballing healthcare sector include a mounting population across the globe, along with a rise in the number of diseases discovered.
Population has witnessed staggering growth worldwide, creating extensive demand for healthcare facilities. This has also resulted into an increasing prevalence of the geriatric population, which need a higher degree of attention and personalized healthcare services. In addition, discovery and spreading of new types of diseases has propelled such need for better and advanced healthcare solutions. Technological advancements and drug innovation are observed to take place on a higher scale, owing to rising investments from various market vendors in the industry, as well as, supportive regulations launched by the governments across the globe.
With changing times, people in the modern era are more accustomed to sedentary lifestyles, which has led to a skyrocketed number of individuals to be diagnosed with cardiovascular diseases and immunodeficient disorders. Owing to these lifestyle changes, youngsters are diagnosed with many diseases, leading to a higher consumption of healthcare services, as compared to the past. An alarming rise in the number of neurodegenerative disorders has also been observed to influence sizeable growth in the global sector in the coming years. Child obesity and diabetes are leading factors demanding development of newer methods pediatric care.
The global healthcare expenditure is also projected to witness sizeable rise owing to the emergence of personalized medicine, a rise in the use of advanced technologies and a rise in the disposable income of consumers in various economically developing nations. Further, the entry of disruptive and non-traditional competitors, coupled with the rising demand for expanded care delivery sites are likely to prompt market players to undertake strategic activities, striving to gain larger shares and gain a competitive advantage over their industry peers.
North America is likely to have highly lucrative implementation of advanced healthcare technologies over the coming years, owing to the availability of supportive infrastructure and highly skilled personnel. On the other hand, Asia Pacific is bound to present new growth opportunities for existing and new market players due to the growing population in countries such as India and China. Moreover, higher population is also raising need for better patient monitoring and other healthcare solutions. The shift from volume to value requires the introduction of new healthcare solutions that help healthcare facilities to manage operations in an efficient manner, employing minimal manpower in paperwork and maximum for patient care and support. Such a shift is highly visible in developed countries like the US and Canada.
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