Global Sports Nutrition Market is Expected to Evolve at a High 7.4% CAGR through 2031 | SkyQuest Technology
SkyQuest projects that the
Sports Nutrition Market will attain a value of USD 81.8 billion by 2031, with a CAGR
of 7.4% over the forecast period (2024-2031). Growing awareness regarding
the benefits of sports nutrition among athletes around the world and
advancements in sports nutrition is estimated to drive market growth. An
increasing number of people involved in sports activities around the world to
improve their physical and mental health are also expected to increase the
demand for sports nutrition over the coming years.
Athletes engage in extreme physical activities and always need to
maintain optimal performance. Probiotics can help them maintain their health by
improving intestinal barrier function, immunological function, and antioxidant
defenses among other factors. Probiotics also help in reducing the incidence of
diseases by promoting a healthy gut for sports personalities. Growing awareness
regarding all of these benefits helps this segment hold a dominant market
share.
North America is projected to account for a substantial share of the
global sports nutrition demand outlook in the future owing to high health
consciousness among people and the presence of key sports nutrition providers.
The increasing incidence of obesity and other lifestyle disorders in this
region is pushing people to engage more in sports and outdoor activities,
thereby also boosting sales of sports nutrition. The United States is projected
to be the most opportune market for sports nutrition companies looking to make
a mark in this region.
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