Sports Food Market Size, Share Growth & Forecast 2023- Market Data Forecast


Posted January 2, 2019 by BasavaKumar

Sports Food Market was worth USD 68.99 billion in 2018 and estimated to be growing at a CAGR of 8.32%, to reach USD 102.88 billion by 2023.
 
Global Sports Food Market - GSK to divest Horlicks and other Consumer Healthcare nutrition products to Unilever

Recent Developments

Glaxo smith is a British based pharmaceutical company. Gsk was the world’s sixth largest pharmaceutical company as of 2015. GlaxoSmithKline plc and Pfizer Inc to form new world-leading Consumer Healthcare Joint Venture. GSK acquired Tesoro, an oncology-based company to significantly strengthen GSK’s pharmaceutical business. GSK to divest Horlicks and other Consumer Healthcare nutrition products to Unilever. It presented new efficacy and safety data of an anti-GM-CSF antibody in patients with rheumatoid arthritis.

To know more read: https://www.marketdataforecast.com/market-reports/sports-food-market-4213/

Market Segmentation

Market Data Forecast published a report named Global Sports Food Market itis currently valued USD 66.99 billion in 2018 and it is expected to reach USD 102.88 Billion by 2023 at a CAGR of 8.32%

The report is segmented by

Product Type

· Dietary Supplement Powder

· Energy Bars

· Sports Food and Drinks

· Protein Bars

· Sports gels

Distribution Channels

· Hyper marts

· Supermarkets

· Online Stores

· Convenience Stores

· Drug Stores

The protein-based sports food and energy sports food have the highest share relatively compared to the other segments. Online channels have the largest share due to the rising number of Smartphone users and increasing penetration of the Internet. In gender, the male segment has been leading the global market and this trend is anticipated in the forecast period.

Geographical Segmentation:

Geographically, sports food market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America followed by Europe has the largest share in the Global market due to the increasing number of sports enthusiasts. Asia-Pacific is the fastest growing region due to the increasing interest of people in fitness activities, emerging economies, increasing the disposable income of people and enabling them to spend on expensive products.

Key market players in the market are -

Nestle
Abbott Laboratories
GSK
Danone S.A
Pepper Snapple Group
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The scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Film Nagar Branch, B 44, Rd no 3, Journalist Colony,
Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
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Contact Email [email protected]
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Categories Food
Tags sports food market
Last Updated January 2, 2019