Sports nutrition ingredients are primarily consumed by the bodybuilders and athletes. The market for the sports nutrition ingredients is expected to experience significant growth in the forthcoming years due the rising number of consumers demanding food rich in nutrients. Sport nutrition ingredients are rich in protein and carbohydrate content.
Sports nutrition ingredients market is segmented on the basis of application, consumer type, ingredient type and distribution channel. Based on the application segmentation includes food, beverages, supplements and others. Among all the segments of the sports nutrition ingredients, market sports supplement is the dominating segment due relatively high consumption of sports supplements by the consumers which in turn drives the market growth of the sports supplement market. On the basis of consumer type sports nutrition ingredients market is segmented into a bodybuilder, athlete, recreational user and lifestyle user and others. Of which athlete segment is expected to be the leading segment, followed by other segments. However, lifestyle users is expected to experience fastest growth in the next five to six years owing to the increasing consumption of sports nutrition ingredients by the lifestyle users as they perceive sports nutrient enriched products as healthy food. Based on the ingredients type sports nutrition ingredients market is segmented into protein, carbohydrates and others. Of which protein ingredient is the largest market as they contain various omega fatty acids and isoflavones. However, carbohydrates are expected to experience strong growth due the high nutrient content and fewer fats in it. The global sports nutrient ingredients market is segmented on the basis of distribution channel into the food store, gyms, sports club, specialty stores and others. Of which food store is the dominating segment followed by the other segments. Among all the distribution channel specialty store is expected to witness the fastest growth during the forecast period. Global sports nutrition ingredients market is segmented on the basis of a region into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East and Africa and Japan.
The global sports nutrition ingredients market is expected to witness robust growth over the forecast period due to the innovative sports nutrition ingredients launched by various companies drive demand for sports nutrition products. Globally, among all regions, North America is a dominating segment. In North America, U.S. is expected to contribute highest market share owing to the increasing health concerns among consumers in U.S, followed by other countries during the forecast period.However Europe and Asia-Pacific is expected to show consistent growth in the next four to five years owing to the increasing lifestyle changes, rising number of health-conscious consumers and growing number of upper middle-class population is increasing the surge for the sports nutrition ingredients market.
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Major factors that fuel the growth of the sports nutrition ingredients market includes rising health concerns among consumers coupled with the increasing concern in personal appearance. Companies operating in the sports nutrition ingredients market are adopting various strategies to accelerate the demand for sports nutrition ingredients market are positioning their ingredients for a varied consumer group, and making ingredients more accessible various retail formats such as supermarkets, convenience stores and hypermarkets. Major restraining factors that are expected to hinder the market growth of the sports nutrition ingredients market are rising competition from various substitutes products that impart similar benefits.
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Major companies operating in sports nutrition ingredients market are Arla Foods Ingredients Group P/S, Glanbia plc, Rexx Sports Nutrition, Naturex S.A., Wuxi AccoBio Biotech Inc.
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