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Sports Supplements Market: Global Industry Analysis, size, sales and Forecast by 2021

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harsh143 kumar
Sports Supplements Market: Global Industry Analysis, size, sales and Forecast by 2021

According to Research Report Insights (RRI) report, titled “Sports Supplements Market by 2021”, the global market for sports supplements in 2015 accounted for US$ 8,046.6 million and over the forecast period, it is expected to grow at a CAGR of 9.1% to reach value worth US$ 13,579.4 million by the end of 2021.

Sport supplement products are primarily made to meet the nutritional requirement of sports person because it contains various botanical ingredients along with minerals, vitamins proteins and amino acids.

Currently, factors that are mainly driving the growth of the global market for sports supplements around the world include promotions of product through fitness shows, innovative product introduction and growing awareness of healthy lifestyle among consumers.

Globally, the market for sports supplements is segmented on the basis of distribution channel type, product type, and regions.

Based on product type, the segmentation is done as protein and non-protein.

The segment of protein products are again fragmented as bars, powders and products that are ready to drink.

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