Active Nutrition Market: Competitive Analysis, Market Trends and Forecast to 2031
Executive Summary
The Active Nutrition market research reports indicate that the market is witnessing significant growth due to the increasing awareness about the benefits of leading an active and healthy lifestyle. Consumers are becoming more health-conscious and are opting for nutrition products that cater to their specific needs and preferences. The market is driven by factors such as the rising popularity of fitness activities, growing demand for natural and organic products, and advancements in sports nutrition.
Market trends in Active Nutrition include the emphasis on personalized nutrition, clean labels, sustainability, and the incorporation of new and innovative ingredients. Major players in the market are focusing on product innovation, strategic partnerships, and expanding their product portfolio to cater to the evolving consumer preferences.
Geographically, the Active Nutrition market is spread across North America, Asia Pacific, Europe, the United States, and China. North America currently dominates the market due to the high adoption rate of health and fitness trends, followed by Europe. The Asia Pacific region is also witnessing significant growth, driven by the increasing disposable income and rising health awareness among consumers.
Overall, the Active Nutrition Market is expected to grow at a CAGR of % during the forecasted period. This growth is attributed to the increasing demand for health and wellness products, changing consumer lifestyles, and the availability of a wide range of products to meet the diverse needs of consumers. The market is expected to continue expanding as more consumers prioritize health and fitness in their daily routines.
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Market Segmentation:
This Active Nutrition Market is further classified into Overview, Deployment, Application, and Region.
In terms of Components, Active Nutrition Market is segmented into:
- Glanbia plc
- Hormel Foods Corporation
- PepsiCo
- General Nutrition Centers
- Abbott Nutrition
- GlaxoSmithKline plc
- Clif Bar & Company
- Post Holdings
- The Nature's Bounty
- Muscle Pharm
- Atlantic Multipower UK Limited
- Herbalife International of America
- Gametime Hydration
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The Active Nutrition Market Analysis by types is segmented into:
- Consumer Health
- Soft Drinks
- Packaged Food Products.
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The Active Nutrition Market Industry Research by Application is segmented into:
- Sports Nutrition
- Protein Supplements
In terms of Region, the Active Nutrition Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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Key Drivers and Barriers in the Active Nutrition Market
Key drivers in the Active Nutrition market include the growing consumer emphasis on health and wellness, increasing awareness about the benefits of protein and other nutritional supplements, and the rise of fitness trends. Barriers in the market include high product costs, limited availability in some regions, and skepticism about the effectiveness of certain supplements. Challenges include regulatory hurdles and strict guidelines for labeling and claims, competition from traditional food and beverage companies, and the need for ongoing research and development to stay ahead of changing consumer preferences and trends.
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Competitive Landscape
Glanbia plc is a global nutrition company based in Ireland. It was founded in 1997 through a merger of two dairy co-operatives. Glanbia has since expanded its focus beyond dairy to include a range of nutritional products, including sports nutrition, performance nutrition, and weight management solutions. The company has experienced significant growth in recent years, with a strong presence in the active nutrition market.
PepsiCo is a well-known multinational food and beverage company that also has a significant presence in the active nutrition market. The company offers a range of nutrition products under brands such as Gatorade, Quaker, and Tropicana. PepsiCo has continued to invest in the development of its active nutrition products to meet the growing demand for healthier options among consumers.
Abbott Nutrition is another key player in the active nutrition market, offering a range of nutritional products for individuals of all ages. The company specializes in medical nutrition, pediatric nutrition, and sports nutrition, among other categories. Abbott Nutrition has seen steady growth in recent years, driven by its focus on innovation and product quality.
In terms of sales revenue, Glanbia plc reported sales of € billion in 2020, while PepsiCo reported sales of $70.37 billion in 2020. Abbott Nutrition, a subsidiary of Abbott Laboratories, reported sales of $8.7 billion in 2020. These figures reflect the strong presence of these companies in the active nutrition market and their continued growth in the industry.
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