NEW YORK , Oct. 9, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The Sports Nutrition Market in Europe size is estimated to grow by USD 4.54 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 9.6% during the forecast period. Growing fitness awareness due to lifestyle conditions is driving market growth, with a trend towards advances in sports nutrition products.
However, significant threat from counterfeit products poses a challenge - Key market players include Abbott Laboratories, Ajinomoto Co. Inc., BellRing Brands Inc.
, Glanbia plc, Grenade UK Ltd., Hormel Foods Corp., Iovate Health Sciences International Inc.
, Kruger GmbH and Co. KG, Lonza Group Ltd., Mondelez International Inc.
, MusclePharm, Nestle SA, NUTREND D. S., a.
S, OTE Sports Ltd., PepsiCo Inc., Post Holdings Inc.
, TORQ Ltd., Tripoint GmbH, Ultimate Nutrition Inc., and Universal Nutrition.
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The European sports nutrition market is characterized by intense competition, leading vendors to invest significantly in research and development (R&D) and innovation. This investment results in the launch of advanced, targeted, and healthier sports nutrition products.
For instance, microencapsulated seaweeds and less aromatic ingredients are emerging trends, offering enhanced flavor and iodine as a mineral.
