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The Global Sports Supplement Market is expected to grow by $ 1.91 bn during 2022-2026, accelerating at a CAGR of 8.3% during the forecast period

·3-min read

Global Sports Supplement Market 2022-2026 The analyst has been monitoring the sports supplement market and it is poised to grow by $ 1. 91 bn during 2022-2026, accelerating at a CAGR of 8.

New York, Sept. 06, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Sports Supplement Market 2022-2026" -
3% during the forecast period. Our report on the sports supplement market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased participation in sports and fitness activities, increasing demand for natural products, and increased consumption among millennials.
The sports supplement market analysis includes the distribution channel segment and geographic landscape.

The sports supplement market is segmented as below:
By Distribution Channel
• Offline
• Online

By Geographical Landscape
• North America
• Europe
• South America
• The Middle East and Africa

This study identifies the increased online sales as one of the prime reasons driving the sports supplement market growth during the next few years. Also, product development for sports nutrition and migration of manufacturing and sales facilities to APAC will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sports supplement market covers the following areas:
• Sports supplement market sizing
• Sports supplement market forecast
• Sports supplement market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sports supplement market vendors that include Abbott Laboratories, Amway Corp., Ascendis Health Ltd, Associated British Foods Plc, BPI Sports, Clif Bar and Co., Glanbia Plc, GSK Plc, Harbin Pharmaceutical Group Co. Ltd., Herbalife International of America Inc, Klean Athlete, Meiji Holdings Co. Ltd., MusclePharm Corp., Nestle SA, NOW Health Group Inc., PacificHealth Laboratories Inc., PepsiCo Inc., Pro Action srl, Universal Nutrition, and Weider Global Nutrition LLC. Also, the sports supplement market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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