Sports nutrition is a category of nutritional products intended exclusively for bodybuilders and athletes to improve their overall health. These items serve as a source of nutrition for athletes who want to improve their performance and speed up their recovery during strenuous workouts. Sports nutrition is a handy form of nutrition that athletes can simply consume to increase their nutritional intake. Natural elements such as milk, egg proteins, vegetable starches, fibers, sugars, vitamins, minerals, and herbs are used to make sports nutrition.

According to our latest study on “Sports Nutrition Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Formulation, and Distribution Channel," the market is expected to reach US$ 72,178.19 million by 2028 from US$ 41,683.48 million in 2021; it is estimated to grow at a CAGR of 8.2% during 2022–2028. The report highlights the key factors driving the sports nutrition market and prominent players with their developments in the market.

Key factors that are driving the growth of this market are the increasing prevalence of obesity and rising consumer base of sports nutrition are expected to drive the market during the forecast period. However, availability of adulterated sports nutrition products hampers the sports nutrition market growth.

The sports nutrition market is majorly comprised of top players involving Glanbia Plc, PepsiCo Inc., The Coca-Cola Company, LOVATE HEALTH SCIENCES, Clif Bar & Company, BULK POWDERS, Abbott, Yakult Honsha Co., Ltd., MUSCLEPHARM CORPORATION, GNC HOLDINGS INC. among others.

Asia Pacific is expected to register the highest CAGR in the sports nutrition market during the forecast period. China, Japan, and India are among the key contributors to the regional market due to the growing number of health clubs and fitness centers, the proliferation of online fitness classes, and the rising consumer base of sports nutrition among athletes, bodybuilders, and non-athletes aspiring to lead health lifestyles.

North America held the largest share of the sports nutrition market in 2021, and the US was the largest contributor to the regional market in North America. The market growth in North America is attributed to the increasing adoption of sports nutrition products by athletes and the presence of a large number of manufacturers and retailers in the region.

In the global census undertaken by the International Federation of Association Football (FIFA), a sport’s governing body, there were 265 million individuals who play football, along with more than 5 million referees, which equates to 4% of the global population. Similarly, the Federation of International Basketball Associations (FIBA) estimated that at least 450 million people in the world play basketball, either recreationally or through structured competitions. The number of people participating in recreational sports, including high-impact sports such as tennis or soccer, is increasing in Western countries. According to a study published by the National Federation of State High School Associations (NFHS), the participation of high school boys in the US in soccer, wrestling, and tennis surged significantly during 2018−2019. According to the same study, sports participation in schools in the country was at its peak in the said academic year for the first time in the past 30 years. According to a study published by Stanford Children’s Health in 2020, ~30 million children and teenagers participate in sports annually in the US. Nevertheless, sports are popular among people of all generations. Such an increase in participation in sports is projected to contribute to the growth of the sports nutrition market. With the growing criticality of wellness and mindfulness, fitness has become a more relevant goal for many people. According to MuscleBlaze in India, ~40% of gym-goers consumed whey supplements in 2019. Physical exercises increase cardiovascular fitness and boost overall health by developing a mechanism for coping with stress, anxiety, and depression. As a result, with a surge in the number of people going to gyms and fitness centers, the consumption of health supplements has increased in recent years.

The companies listed above are implementing various strategies such as product launches, acquisitions, mergers, and partnerships, which have resulted in the company's growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.

Browse Complete Report Here @ https://www.theinsightpartners.com/reports/sports-nutrition-market