Sports Food Market Share, Size, Future Demand, and Emerging Trends
The sports food market will reach USD 128,735.1 million by 2030, at a rate of 7.3% in the years to come, stated by P&S Intelligence.
This is because of the quick surge in the frequency of obesity, increase in the consumer consciousness concerning health, growth in the count of industry players, growth in the frequency of product introductions, boom in the income, and development in the trend of on-the-go snacks.
Dietary supplement powders led the industry in the past, and they will maintain their ascendence in the years to come, proceeding with a rate of more than 8%. This will be because of the increasing requirement for dietary supplements as a result of the improving lifestyles, increasing consciousness toward fitness, and the budding working population, requiring such products for fulfilling their daily nutrient requirements.
Browse detailed report - https://www.psmarketresearch.com/market-analysis/sports-food-market
North America led the largest share of around 45%, and it will maintain its dominance by the end of this decade. This is because of the higher spending capacity of customers, increasing interest in preventive healthcare, and expanding count of fitness centers, health clubs, and gyms, as well as the increasing consciousness pertaining to fitness amongst youngsters
It is because of the growing number of sports activities, all over the world, the demand for sports food will continue to grow in the years to come.