(2018 – 2023) Global Active Nutrition Market, CAGR Status, Market Growth, Trends, Analysis and ForecastApril 11, 2019
Report Title: “Global Active Nutrition Market – Growth, Trends, and Forecast (2018 – 2023)”
Global “Active Nutrition Market” (2018 – 2023) Report Provides Overall study of Approximate CAGR, Leading Manufacturers, Key Development, Market Dynamics and SWOT analysis for Key Players. The Active Nutrition market is expected to register a CAGR of approximately 12.3% during the forecast period of (2018 – 2023)
Active Nutrition Market Report Covers Leading Manufacturers: Abbott Nutrition Inc., Atlantic Multipower UK Limited, Clif Bar & Company, Gametime Hydration Inc., General Nutrition Centers, Inc., Glanbia Plc., GlaxoSmithKline plc., Herbalife International of America, Inc., Hormel Foods Corporation, Muscle Pharm, PepsiCo, Post Holdings Inc., The Coca-Cola Company, The Natures Bounty Co., USN (Ultimate Sports Nutrition)
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The global active nutrition market is expected to register an estimated CAGR of 12.3%, during the forecast period.
The overall active nutrition industry has seen significant growth in recent years. Changing lifestyles, as well as rising disposable income of consumers in the developing countries are stimulating the growth of this market. These products were traditionally developed for athletes and bodybuilders to improve their overall health, and muscle growth. The demand for plant based supplements and nutrition products is growing due as consumers are becoming aware about the effects associated with synthetic based supplements.
The rise in active nutrition will also boost the growth of the global nutraceutical industry.
The global active nutrition market is expected to project a significant growth rate in the near future. Some of the key factors, such as the inclination of consumers towards fitness are driving the growth of the overall market. Also, the number of recreational and lifestyle users has constantly increased in the recent years. In developed countries, the instances of obesity and related health problems have increased in recent years. Therefore, increasing number of the obese population also acts as a crucial driving factor for this market. The active nutrition market was considered a niche market for gymnasts and athletes traditionally, but the nutrition market has expanded, owing to the interest of consumers of all age groups in a wide array of activities, ranging from cross fit, mud runs to yoga and marathons. In recent years, the media and advertising have played an important role in spreading the awareness regarding the active nutrition.
The easy availability of low-cost and imitated products poses threat for the companies, as it can hamper the sales of the companies, and capture their market share. On the other hand, the growing demand for plant-based proteins is creating attractive opportunities for the manufacturers.
On the basis…