Asia-Pacific Sports Nutrition Market (2018-2023) Expected to Grow at a CAGR of 9.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 26, 2018--The “Asia-Pacific Sports Nutrition Market (2018-2023) Expected to Grow at a CAGR of 9.5%” report has been added to ResearchAndMarkets.com’s offering.In the region, obesity concerns, growing inclination of consumers towards sporting activities, and efforts led by the Japanese Sports Agency to ensure sports access to every individual, are the main factors expected to drive the sports nutrition market. There has been a rise in product launches in sports nutrition market like fruit snacks high in protein content, Nestle cereal products, sports nutrition bars made with vegan protein, and smoothies and juices fortified with protein.
The rise of protein as a super-nutrient and the growing interest of consumers towards activity and fitness as a preventive measure to stave off lifestyle diseases is adding the fuel to the growth of sports nutrition market in Asia-Pacific. Today, the nutrition market targets not only athletes or body builders but people from all walks of life.Sports food, sports drink, and sports supplements are the major segments of a sports nutrition market. Sports Drink captures the 50% of the market share and is expected to be dominant in the forecasted period as well. Sports food is growing due to the rise in popularity of protein snack bars, comprising recreational and lifestyle users.
Large retail and mass merchandise stores are the biggest retail channel who promote sports nutrition products, closely followed by small retail stores like convenience stores, grocery and specialty stores and others. Sale of sports nutrition products through online channels is also experiencing growth due to tech-savvy consumers.
Major Market DevelopmentsRoquette opens new headquarters in Asia Pacific region and an Innovation Centre in Singapore. These facilities will focus on Food, Nutrition, and Pharmaceuticals to address the eating habits of Asian consumers.
Key Topics Covered
2. Asia-Pacific Sports Nutrition Market Insights
3. Asia-Pacific Sports Nutrition Market Dynamics
4. Asia-Pacific Sports Nutrition Market Segmentation
5. Sports Nutrition Market Regional Segmentation and Analysis
6. Asia-Pacific Sports Nutrition Market Competitive Landscape
7. Company ProfilesAbbott LaboratoriesClif Bar & CompanyGlanbia plcHerbalife NutritionOtsuka Pharmaceuticals Co. Ltd.PepsiCo Inc.Reckitt Benckiser Group plcSuntory Beverage and Food Ltd.The Coca Cola CompanyYalult Honsha Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/hs5zjs/asiapacific?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005443/en/
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Related Topics:Health Food and Sports Nutrition
INDUSTRY KEYWORD: OTHER SPORTS HEALTH FITNESS & NUTRITION SPORTS
SOURCE: Research and Markets
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PUB: 09/26/2018 07:33 AM/DISC: 09/26/2018 07:32 AM