Butylated Hydroxytoluene (BHT) Market Witnesses Growth Driven by Cosmetic and Personal Care Applications
Butylated Hydroxytoluene (BHT) Market Witnesses Growth Driven by Cosmetic and Personal Care Applications
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As per detailed industry analysis by Persistence Market Research, the global sports nutrition market is predicted to surge at 9.6 CAGR and close in on US$ 52.5 Bn by the end of 2032.
Consumers across the world are experimenting with specific eating styles/diet plans that best fit their nutritional objectives. Millennials are the most likely to embrace a specific eating strategy as well as try out multiple plans. They prefer vegetarian, juice cleanse/ detox, Paleo, or vegan eating styles, while the older generations prefer lactose-free food products.
Calorie counting is still the most popular weight-loss strategy, with half of the people trying to lose weight opting for it, followed by meal replacement shakes/bars (24%), raw food, vegetarian, vegan diets (19%), and high protein diets (18%). One out of every ten parents in the world purchase a weight-loss food or beverage for their child.
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More than a quarter of all food customers look for claims of low-calorie content. Two-third of adults seek foods that will make them feel fuller for extended periods. Sports nutrition popularity is projected to increase as a result of such eating and purchasing patterns. The functional beverage market includes a wide range of products that address various health conditions.
Daily dose of vitamins or other nutrients is one trend related to functional and sensory benefits. Another is probiotics, which are exhibited by Activia yogurt and are beneficial to gut health and the immune system.
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Key Takeaways from Market Study
“Consumers are becoming more aware of the benefits of healthy and nutritious diets as the incidence of lifestyle diseases rises, which is a major factor influencing demand growth of sports nutrition. Introduction of new and unique flavored products will also drive sales of nutritional products,” says a Persistence Market Research analyst.
Competitive Landscape
Manufacturers of sports supplements are focused on continuously investing in expanding their operations and acquiring smaller companies to cater to growing demand. Companies are also putting emphasis on promotional activities among consumers.
Explore More Valuable Insights
Persistence Market Research, in its new report, offers an impartial analysis of the global sports nutrition market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on function (energizing products, rehydration, pre-workout, recovery, weight management), product form (ready-to-drink, energy & protein bars, powder, tablets/capsules), flavor (regular, flavored, fruit punch, berries, citrus, chocolate, vanilla, other flavors), sales channel (convenience stores, specialty stores, pharmacy stores, online retail, other sales channels), nature (organic, conventional), and price range (economic & premium), across seven major regions of the world.
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