Sports Nutrition Foods and Drinks - Global Market Trajectory & Analytics

Global Sports Nutrition Foods and Drinks Market to Reach $96.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Sports Nutrition Foods and Drinks estimated at US$54.1 Billion in the year 2020, is projected to reach a revised size of US$96.4 Billion by 2027, growing at a CAGR of 8.6% over the analysis period 2020-2027. Sports/Energy Drinks, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$71.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sports Nutrition segment is readjusted to a revised 7.6% CAGR for the next 7-year period.

The U. S. Market is Estimated at $14.6 Billion, While China is Forecast to Grow at 13% CAGR

The Sports Nutrition Foods and Drinks market in the U. S. is estimated at US$14.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.3 Billion by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 7.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Sports/Energy Foods Segment to Record 9.8% CAGR

In the global Sports/Energy Foods segment, USA, Canada, Japan, China and Europe will drive the 9.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13.4 Billion by the year 2027, while Latin America will expand at a 11.4% CAGR through the analysis period. We bring years of research experience to this 20th edition of our report. The 311-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Abbott Nutrition
• Ajinomoto Company
• Clif Bar & Company
• Coca-Cola Co.,
• CytoSport, Inc.
• Dr Pepper Snapple Group Inc.
• Glanbia Plc
• GlaxoSmithKline Plc
• GNC Holdings, Inc.
• Lucozade Ribena Suntory Ltd.
• Meiji Co., Ltd.
• MusclePharm
• Nature`s Bounty, Inc.
• Nestlé SA
• Otsuka Pharmaceutical Co. Ltd.
• PepsiCo Inc.
• Post Holdings, Inc.
• Red Bull GmbH
• Rockstar Inc.
• The Balance Bar Company
• Twinlab Consolidated Holdings, Inc.
• Weider Global Nutrition, LLC
• Yakult Honsha Co. Ltd.