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Sports Supplements Market to Remain Lucrative During 2021

According to Mindaspire Market Research (MAMR) report, titled u201cSports Supplements Market by 2021u201d, the global market for sports supplements in 2015 accounted for US$ 8,046.6 million and over the forecast period, it is expected to grow at a CAGR of 9.1% to reach value worth US$ 13,579.4 million by the end of 2021.

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Sports Supplements Market to Remain Lucrative During 2021

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  1. Sports Supplements Market to Remain Lucrative During 2021 According to Mindaspire Market Research (MAMR) report, titled “Sports Supplements Market by 2021”, the global market for sports supplements in 2015 accounted for US$ 8,046.6 million and over the forecast period, it is expected to grow at a CAGR of 9.1% to reach value worth US$ 13,579.4 million by the end of 2021. Sport supplement products are primarily made to meet the nutritional requirement of sports person because it contains various botanical ingredients along with minerals, vitamins proteins and amino acids. Escalating shift of consumers towards healthy lifestyle and maintaining it through nutritional diet and physical activity is the key trend impacting the growth of global market for sports supplements. Request for a sample of report @ https://mindaspiremarketresearch.com/request- sample/report/sports-supplements-market-global-industry-analysis-size-sales-and-forecast-by-2021 Currently, factors that are mainly driving the growth of the global market for sports supplements around the world include promotions of product through fitness shows, innovative product introduction and growing awareness of healthy lifestyle among consumers. However, certain factors such as local brand preference, lack of awareness among consumers about safety and quality of product, high cost and improper regulations are hindering the market growth of sports supplements globally. Globally, the market for sports supplements is segmented on the basis of distribution channel type, product type, and regions. Based on product type, the segmentation is done as protein and non-protein. Among these, the segment of protein is anticipated to value for maximum market share. The segment of protein products are again fragmented as bars, powders and products that are ready to drink. Among these sub-categories, the segment of powder valued

  2. for market share of 61.1% in 2015 and over the forecast period, this segment in terms of value will exhibit relatively high CAGR of 9.3%. While among these the bar sub-segment valued for market share of 15.4% in 2015 but it is projected to expand at maximum CAGR of 9.9% over the forecast period. Ask Analyst @https://mindaspiremarketresearch.com/inquire/report/sports-supplements-market- global-industry-analysis-size-sales-and-forecast-by-2021 Based on distribution channel type, the segmentation is done into supermarkets, pharmacies & drug stores, health food stores, online stores and fitness clubs. Among these, the segment of health food stores accounted for market share of 32.4% in 2015 and will exhibit CAGR of 8.7% in the forecast period from 2015 to 2021. Growing e-commerce penetration is anticipated to drive the market growth of the segment of online distribution channel, exhibiting a healthy CAGR of 10.1% in the next six years. Regionally, the segmentation is done into Latin America, Eastern Europe, the MEA, North America, Western Europe and APAC. Among regions, in 2015, North America market was dominant with market share of 33.5% but over the forecast period, it is expected to expand at a relatively high CAGR. However, with increasing demand for sports supplements in Western Europe, this region is expected to register a CAGR of 10.3% followed by Eastern Europe at 9.1% during the forecast period. Browse Same Category Report Database @ https://mindaspiremarketresearch.com/categories/food- and-beverage/reports Some of the key players in the global market for sports supplements include MaxiNutrition, GNC Holdings, Creative Edge Nutrition, Plethico Pharmaceuticals, Scitec Nutrition, NBTY, Glanbia, Universal Nutrition, Herbalife Ltd, Enervit S.p.A., among others. Table of content Executive Summary 1.1. Market Overview 1.2. Market Analysis 1.3.MAMR Analysis and Recommendations 1.4. Wheel of Fortune Read more About Us

  3. Mindaspire Market Research provides an exhaustive list of market research reports from hundreds of publishers worldwide. We are one of the top resellers in market research industry. Mindaspire Market Research comprehends your business goals and needs and bridge the gap by delivering you with the most appropriate and suitable solutions. Hundreds of large and small organizations across virtually every industry sector worldwide are currently reaping rich dividends from the sharp insights provided by market research reports sourced through Mindaspire Market Research. Contact Us David F. Mindaspire Market Research 9451 Lee Hwy Fairfax, Virginia - 22031, USA United States Email: sales@mindaspiremarketresearch.com/ info@mindaspiremarketresearch.com Website: https://mindaspiremarketresearch.com Follow us on linkedIn:https://www.linkedin.com/company/mind-aspire-market- research/?viewAsMember=true

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