Driven by 77 million users of sports drinks and powered by 28 million consumers of nutrition bars, the sports nutritional market has experienced encouraging growth in recent years.
This new Packaged Facts report identifies trends influencing the sports nutritional market, highlights key market opportunities and drills down into the factors affecting the growth of the retail sales of nutrition bars and sports drinks through 2017.
It also analyzes the competitive positions of key players in the market and highlights marketing and new product trends.
The report uncovers a number of developments creating both challenges and opportunities for marketers. For example, the report pinpoints the vast demographic and attitudinal differences between those who are high-volume users of sports drinks and those who eat relatively large quantities of nutrition bars. Women dominate the market for nutrition bars.
Only 45% of those eating at least one nutrition bar in the last 30 days are men, while 55% are women. Female consumers of nutrition bars outnumber their male counterparts 15.2 million to 12.4 million and offer a major opportunity for nutrition bars as well as other sports nutritionals geared especially for women.
In sharp contrast, men account for 64% of high-volume users of sports drink, and young men are most likely to use sports drinks. Yet, marketers need to face the fact that the population of males under the age of 25, their most prized marketing target, will decline over the next decade as the aging of America begins to accelerate.
The report also shows how consumers pursuing individual sports and fitness activities, rather than team sport players, are the key to success in the retail sports nutritional market. When it comes to targeting consumers of large quantities of sports nutritional products, 6.3 million fitness walkers comprise the single largest and most attractive market segment.
Those taking yoga classes (1.3 million) as well as those pursuing outdoor activities such as mountain biking (1.5 million) and camping and backpacking (1.2 million each) are more numerous than soccer, football, softball, baseball or volleyball players.
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Insights and Opportunities
Chapter 3 Sports Drinks
Chapter 4 Nutrition Bars
For more information visit http://www.researchandmarkets.com/research/zsf6rb/sports
Contacts
Research and Markets / Laura Wood, Senior Manager / press@researchandmarkets.com
By press release
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