The Sports Nutrition Ingredients Global Market Report 2023, provides comprehensive information on the sports nutrition ingredients market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Sports Nutrition Ingredients Global Market Report 2023, the market is expected to grow from $5.39 billion in 2022 to $5.83 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global sports nutrition ingredients market is expected to reach $8.13 billion in 2027 at a CAGR of 8.2%.
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Product innovation is a key trend gaining popularity in the sports nutrition ingredients market. Major players operating in the market are developing innovative products to sustain their position in the sports nutrition ingredients market. For instance, in October 2021, Arla Foods Ingredients, a Denmark-based manufacturer and supplier of sports nutrition products, launched Lacprodan® BLG-100, a pure BLG ingredient with a distinctive nutritional composition that is produced using a newly invented separation technology that has been patented. The unique features include Lacprodan® BLG-100’s high leucine content, which allows for very high protein concentrations while also providing all the nutritional strength active consumers require. This helps to minimize muscle mass loss and maintain physical mobility.
The sports nutrition ingredients market is segmented:
1) By Product: Sports Drinks, Sports Supplements, Sports Food
2) By Ingredient: Proteins, Carbohydrates, Vitamins and Minerals, Other Ingredients
3) By Distribution Channel: Online Channel, Offline Chanel
4) By Application: Bodybuilders, Pro or Amateur Athletes, Recreational Users, Lifestyle User
5) By End Use: Sports and Energy Beverages, Protein Powders, Energy and Nutrition Bars, Other End Users
North America was the largest region in the sports nutrition ingredients market in 2022.
The table of contents in TBRC’s sports nutrition ingredients market report includes:
- Executive Summary
- Sports Nutrition Ingredients Market Characteristics
- Sports Nutrition Ingredients Market Trends And Strategies
- Sports Nutrition Ingredients Market – Macro Economic Scenario
- Sports Nutrition Ingredients Market Size And Growth
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- Africa Sports Nutrition Ingredients Market
- Sports Nutrition Ingredients Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Sports Nutrition Ingredients Market
- Sports Nutrition Ingredients Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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