Asia-Pacific Sports Nutrition Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific Sports Nutrition Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific Sports Nutrition Market is forecasted to grow at a CAGR of 9.8% during the forecast period.

Key Highlights

• Beverage companies in Asia-Pacific are concentrating on increasing the demand for their sports drink segments, with the help of various endorsements through popular athletes and celebrities and promotional campaigns in fests and events, among others.
• Companies, like The Coca-Cola Company and PepsiCo, are seen introducing sports drinks made from organic ingredients, sugar alternatives, and infused with vitamins and minerals.

Key Market TrendsGrowing Significance of Sports Nutriction for Health Concerns

A good body hydration is required in sports which is a great indicator of health among the athletes. These sports drinks contain certain macro-nutrients which play an important role in hydrating and improving health performance of the people. They are also designed to improve mental health and to prevent joint pain among people. Nowadays, people have started gyming and regularly exercising for health concerns which is leading them to demand more of these sports drinks during their work-outs. This has led to the loss of certain body nutrients which is compensated by these sports drinks.

India remains the Most Rapidly Growing Segment in Sports Food

An increasing demand from the sports industry has led to the increase in growth of whey protein-based product market. At the same time, food-processing industries are using nuts, egg whites, etc., for the manufacturing of nutrition bars.Gyms are opening across the region in both small and big cities. This has led to an increase in the number of muscle and fitness enthusiasts which has prompted a rising consumer demand for protein sports beverages, nutritional snack bars like energy bars, and other products designed to optimize athletic performance.

Competitive Landscape

The Asia-Pacific sports nutrition market is a fragmented market. The prominent companies in the market include PepsiCo Inc,Coca-Cola Company, Glanbia Plc, Otsuka Pharmaceutical Co., Ltd., among others. The companies have been introducing new and innovative products, with the inclusion of naturally derived ingredients and additives, so as to make their product unique among the existing products.The untapped potential in some of the countries in Asia-Pacific is expected to intensify the competitive scenario in the years to come.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

The Coca Cola Company
PepsiCo, Inc.
Glanbia, PLC
General Nutrition Centers, Inc.
Abbott
Healthkart
Muscleblaze

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