North America Sports Nutrition Market Outlook (2018 to 2032)
Synopsis
The above chart is North America Sports Nutrition Market Outlook (2018 to 2032)
Market Dynamics
the north american sports nutrition market is set to be dominated by the us in the coming years, with growth projected to be strong across the region. this is due to the increasing popularity of fitness and health products amongst consumers and the growth of the health and wellness market, which has seen the demand for nutrition products increase significantly in recent years.
the growing awareness of the benefits of sports nutrition products, coupled with increasing disposable incomes and the desire to look and feel well, has made them increasingly appealing to consumers. this, in turn, has seen an increase in the number of companies producing and marketing sports nutrition products, promoting greater innovation and quality on the market.
some of the trendsetting products within the north american sports nutrition market include plant-based protein bars, protein powders, and sports drinks. natural ingredients are also becoming increasingly sought-after, due to the growing demand for healthier products and their associated health benefits. additionally, consumers are increasingly looking to purchase products with organic or ‘‘natural’’-labeling, with an eye towards sustainability and ethical consumption.
in addition to these trends, manufacturers are increasingly seeking to tailor sports nutrition products to the needs of specific target demographics, such as athletes, recreational exercisers, and individuals looking to lose weight. these efforts have seen advancements in protein powder formulations, with an increasing focus on high-quality and bioavailability of proteins, and the development of traditionally ‘‘unhealthy’’ products, such as energy bars, which are made from nutritious ingredients and added vitamins.
as the market expands and consumer preferences evolve, manufacturers must continue to innovate in order to remain competitive. in this light, product and packaging design, as well as the use of new ingredients, such as plant proteins and other natural alternatives, will be key to helping companies increase their market share in this highly competitive industry.