Global Sports Supplements Market - Analysis, Size, Trends, Share to 2021
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- Date Submitted: 02/18/2016 09:41 PM
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Global Sports Supplements Market - Segment is expected to
expand at CAGR of 8.7% during the forecast period (2015 - 2021)
Persistence Market Research
Global Sports Supplements Market is
Expected to be Valued at US$ 13,579.4 Mn
by 2021 - Persistence Market Research
Persistence Market Research
1
Global Sports Supplements Market - Segment is expected to
expand at CAGR of 8.7% during the forecast period (2015 - 2021)
Persistence Market Research Released New Market Report “Global Market Study on
Sports
Supplements:
Propelled
by
Increasing
Consumer
Awareness
and
Augmenting Number of Health & Fitness Centers” published by Persistence Market
Research, the sports supplements market is estimated to be valued at US$ 8,046.6 Mn by
the end of 2015 and expand at a CAGR of 9.1% from 2015 to 2021, to account for US$
13,579.4 Mn by 2021. .
Sports supplements are products specifically designed to meet nutritional needs of
sportspersons. Ingredients in such products primarily include vitamins, minerals, amino
acids, proteins, and other botanical ingredients. Increasing consumer inclination towards the
maintenance of a healthy lifestyle via physical activity and a nutritious diet is a major trend
driving the sports supplements market.
Currently, the sports supplements market across the world is principally driven by factors
such as increasing health consciousness among consumers, product promotions through
fitness shows, and the introduction of innovative products. However, factors such as high
costs, lack of proper regulations, preference for local brands, and lack of consumer
awareness about product quality and safety are expected to restrain market growth. The
global sports supplements market is projected to expand at a CAGR of 9.1% from 2015 to
2021, to account for US$ 13,579.4 Mn by 2021.
On the basis of product, the sports supplements market has been segmented into protein
and non-protein products. The protein product segment is expected to account for the...
expand at CAGR of 8.7% during the forecast period (2015 - 2021)
Persistence Market Research
Global Sports Supplements Market is
Expected to be Valued at US$ 13,579.4 Mn
by 2021 - Persistence Market Research
Persistence Market Research
1
Global Sports Supplements Market - Segment is expected to
expand at CAGR of 8.7% during the forecast period (2015 - 2021)
Persistence Market Research Released New Market Report “Global Market Study on
Sports
Supplements:
Propelled
by
Increasing
Consumer
Awareness
and
Augmenting Number of Health & Fitness Centers” published by Persistence Market
Research, the sports supplements market is estimated to be valued at US$ 8,046.6 Mn by
the end of 2015 and expand at a CAGR of 9.1% from 2015 to 2021, to account for US$
13,579.4 Mn by 2021. .
Sports supplements are products specifically designed to meet nutritional needs of
sportspersons. Ingredients in such products primarily include vitamins, minerals, amino
acids, proteins, and other botanical ingredients. Increasing consumer inclination towards the
maintenance of a healthy lifestyle via physical activity and a nutritious diet is a major trend
driving the sports supplements market.
Currently, the sports supplements market across the world is principally driven by factors
such as increasing health consciousness among consumers, product promotions through
fitness shows, and the introduction of innovative products. However, factors such as high
costs, lack of proper regulations, preference for local brands, and lack of consumer
awareness about product quality and safety are expected to restrain market growth. The
global sports supplements market is projected to expand at a CAGR of 9.1% from 2015 to
2021, to account for US$ 13,579.4 Mn by 2021.
On the basis of product, the sports supplements market has been segmented into protein
and non-protein products. The protein product segment is expected to account for the...