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Sports Nutrition Market Growth Will Accelerate at a CAGR of Almost 8% in Europe | Technavio

·5-min read

Technavio has been monitoring the sports nutrition market in Europe, operating under the consumer staples industry. The latest report on the sports nutrition market in Europe, 2020-2024 estimates it to register an incremental growth of USD 1.41 bn, at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Sports Nutrition Market in Europe 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Abbott Laboratories, Ajinomoto Co. Inc., Glanbia Plc, GlaxoSmithKline Plc, Lonza Group Ltd., Optimum Nutrition Inc., PepsiCo Inc., Reckitt Benckiser Group Plc, The Coca Cola Co., and The Hut.com Ltd. are among some of the major market participants.

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Advances in sports nutrition products have been instrumental in driving the growth of the market. However, a significant threat of counterfeit products might hamper market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Sports Nutrition Market in Europe 2020-2024: Segmentation

Sports Nutrition Market in Europe is segmented as below:

Based on geographic segmentation, over 41% of the market’s growth originated from non-protein during the forecast period. In addition, non-protein sports nutrition led the growth under the product segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the sports nutrition market size in Europe.

  • Product

    • Non-protein Sports Nutrition

    • Protein Powder

    • Protein RTD

    • Protein Bar

  • Geographic Landscape

    • UK

    • Germany

    • Italy

    • France

    • Rest Of Europe

Sports Nutrition Market in Europe 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The sports nutrition market in Europe report covers the following areas:

  • Sports Nutrition Market in Europe Size

  • Sports Nutrition Market in Europe Trends

  • Sports Nutrition Market in Europe Industry Analysis

This study identifies rising inclination toward fitness owing to increasing awareness of lifestyle-related conditions as one of the prime reasons driving the Sports Nutrition Market in Europe growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Sports Nutrition Market in Europe 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist sports nutrition market in Europe growth during the next five years

  • Estimation of the sports nutrition market in Europe size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the sports nutrition market in Europe

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of sports nutrition market in Europe, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Product

  • Market segments

  • Comparison by Product

  • Non-protein sports nutrition - Market size and forecast 2019-2024

  • Protein powder - Market size and forecast 2019-2024

  • Protein RTD - Market size and forecast 2019-2024

  • Protein bar - Market size and forecast 2019-2024

  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments

  • Supermarkets

  • Hypermarkets

  • Health food stores

  • Other retail stores

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • UK - Market size and forecast 2019-2024

  • Germany - Market size and forecast 2019-2024

  • Italy - Market size and forecast 2019-2024

  • France - Market size and forecast 2019-2024

  • Rest of Europe - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

  • Competitive Scenario

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Abbott Laboratories

  • Ajinomoto Co. Inc.

  • Glanbia Plc

  • GlaxoSmithKline Plc

  • Lonza Group Ltd.

  • Optimum Nutrition Inc.

  • PepsiCo Inc.

  • Reckitt Benckiser Group Plc

  • The Coca Cola Co.

  • The Hut.com Ltd.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201029006345/en/

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