What is the sports nutrition industry worth?

What is the sports nutrition industry worth?

The Global Sports Nutrition Market was valued at USD 24.25 billion in the base year 2020, and is projected to reach USD 47.92 billion by 2027, with a CAGR of 10.2% during the forecast period (2017-2027).

Is the nutrition industry growing?

The global clinical nutrition market size was valued at $32,495.97 million in 2020, and is projected to reach $51,128.26 million by 2028, registering a CAGR of 6.1% from 2021 to 2028. Enteral nutrition segment is expected to witness growth owing to its wide application in COVID 19 treatment.

What are the hot topics in nutrition?

These are the top 10 nutrition trends to look out for in 2020:

  • Sustainable & Environmentally-friendly Nutrition.
  • Vegan & Plant-based Nutrition.
  • Personalised Nutrition & Biohacking.
  • Nutrition Confusion.
  • Prevention through Nutrition Education.
  • Alternative Proteins.
  • Health at Every Size & Mindful Eating.

What is the role of a sport nutritionist?

At the most basic level, nutrition is important for athletes because it provides a source of energy required to perform the activity. Our expert dietitians can help all level athletes to achieve optimal sports nutrition in order to meet their performance goals.

What is the scope of sports nutrition?

Sports Nutritionist: Sports nutrition deals with specific nutrition requirements and guidelines of sports players depending on the category of sports. The scope of this field is as follows: Nutritionist at sports training, gyms and fitness center. Digital sports coach for average gym-goer.

How big is the global sports nutrition market?

The global sports nutrition market size was valued at USD 15.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2020 to 2027. Increase in demand for various types of protein bars, dietary supplements, and energy drinks among athletes and bodybuilders is one of the major factors driving the market growth.

Who are the players in the sports nutrition market?

Some of the prominent players in the sports nutrition market include: 1 Glanbia Plc. 2 Hormel Foods Corporation 3 Stokely-Van Comp, Inc. 4 MusclePharm

What is the size of the nutrition industry?

Here’s a quick overview of the industry at a glance… The human nutrition market is predicted to hit $465.4 billion by 2025 [ Global Newswire ]. It’s growing at a rate of 6.6% each year and is expected to continue at this pace [ Global Newswire ].

Why is there a demand for sports nutrition?

Urbanization is one of the major factors that fuels the demand for sports nutrition products worldwide. It is characterized by change in lifestyle, increase in the number of working women, and increase in the consumption of ready-made & fast food.

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