Global B2B Sports Nutrition Market to reach USD xx billion by 2027.Global B2B Sports Nutrition Market is valued approximately at USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.8% over the forecast period 2021-2027. Sports nutrition products such as sports drink, supplements, ready-to-drink protein drinks and others are developed for and consumed by athletes and bodybuilders to improve their overall health, muscle growth and performance. Sports drinks were conventionally used by athletes to replenish the water level in the body. Easy availability of Business-To-Business (B2B) sports nutrition products at offline and online channels, increasing number of gyms and fitness centers globally, rising investment by market players and growing inclination of young population towards making carrier in sports are driving the market growth positively. For instance, according to Statista, the number of health and fitness clubs worldwide numbered at 186850 in 2015 reached 205180 in 2019. Also, in March 2020, Herbalife Nutrition partnered with Inspire Institute of Sports (IIS) to supply athletes with B2B sports nutrition products. Furthermore, rise in disposable income due to increase in working class population is expected to fuel the growth in coming years. However, availability of cheap counterfeit products may hamper the growth during forecast period.
Regions considered for the regional analysis of B2B sports nutrition market are Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these North America is the significant region across the world in terms of market share due to increasing government initiatives promoting sport activities growing the demand for sports nutrition products. Whereas Europe is expected to exhibit the highest growth rate over the forecast period 2021-2027, due to rising awareness regarding the healthy life style in the region.
Major market player included in this report are:
Glanbia Plc.
PepsiCo Inc
General Nutrition Centers, Inc.
The Bountiful Company
Clif Bar & Company
Science in Sport
The Hut Group
Cardiff B2B Sports Nutrition Limited
Iovate Health Sciences
Post Holdings, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Endurance
Strength Training
Muscle Growth
Recovery
Energy
Weight Management
Immunity Enhancement
Cognitive Repairment
By Distribution Channel:
Gyms
Fitness Studio
Sports Academies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global B2B Sports Nutrition Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors