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Sports Supplements Market is being Mainly Driven by the increasing number of Fitness Centers and Health Clubs

The sports supplements market size is projected to cross $11.8 billion by 2022, growing at a CAGR of 8.8% between 2016-2022. The key factors driving the global sports supplement market include growth in fitness centres and health clubs, growing urbanization and increasing demand for herbal sports supplements.

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In terms of distribution channel, the market for sports supplements is segmented into supermarkets & hypermarkets, fitness club, drug stores and others. The supermarkets & hypermarkets segment accounted for highest share in the global sports supplements market, with 55.7% share in 2015.

In terms of type, the sports supplements market is segmented into protein, non-protein and herbal. The protein supplements segment accounted for the largest share in 2015.

The demand for sports nutrition products including the sports supplements, such as protein supplements, non-protein supplements and herbal supplements. The shift in consumer trend is also encouraging the sports supplement manufacturers to evolve new products that can suffice people to attain their health goals faster.

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The Asia-Pacific sports supplements market to reach $667.0 million by 2022. The large population and low degree of market penetration of sports supplement products in Asia-Pacific makes it one of the important markets for investment. The major sports supplement consumer countries in the region includes Japan, India, Australia, and China.

The key players in the global sports supplements market include Atlantic Grupa (Atlantic Multipower UK Limited, Creative Edge Nutrition, Inc., Enervit S.p.A, GlaxoSmithKline Consumer Healthcare, GNC Holdings, Inc., Glanbia Plc., Herbalife International, NBTY Inc., Scitec Nutrition and Universal Nutrition.

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Sports Supplements Market is being Mainly Driven by the increasing number of Fitness Centers and Health Clubs