London, United Kingdom, January 25, 2017 --(PR.com
)-- The global sports nutrition market has been gaining traction during the past several years. This market is poised to see further growth in the short run, registering an 8.6% CAGR. The value of the sports nutrition market is likely to touch USD 39 billion by the year 2020.
The demand for sports nutrition is fueled by enhancing health concerns like obesity as well as rising awareness of physical appearances amid all consumer groups.
Manufacturers of sports nutrition are developing innovative products to satisfy consumer requirements depending on their preferences and tastes. The constantly expanding accessibility of products through conventional mass-market retail channels (including hypermarkets and supermarkets) and also through emerging online channels are supporting easy availability of sports nutrition products, thus, spurring the consumption.
However, availability of a great number of substitute products (both manufactured and natural) and negative perception over disputed ingredients, for instance, anabolic steroids, prohormones and stimulants, present the key obstacles faced by the sport nutrition market.
The US ranks the top market for sports nutrition products worldwide.
Glanbia Plc., PepsiCo, GNC Holdings, The Coca-Cola Company, Maxi Nutrition, Clif Bar & Company, and Universal Nutrition are amid leading players in the world’s sports nutrition market.
An all-round analysis of the world’s sports nutrition market is provided in the insightful report “Sports Nutrition Market Development and Forecast to 2020” prepared by Market Research Future. This publication discloses all the important information and estimates, reviews the market dynamics, covers top trends, examines the competitive landscape and regulative framework, and also presents a future outlook for the market through 2020.
For further details visit https://marketpublishers.com/report/chemicals_petrochemicals/sports-nutrition-market-development-n-forecast-to-2020.html