FDBusiness.com

Sport food to outpace food drink by 2020

 Breaking News
  • Strong First Half From Britvic Britvic, one of the leading branded soft drinks businesses in Europe and the largest supplier of branded still soft drinks in Great Britain and the number two supplier of branded carbonated soft drinks, has reported a 4.5% increase in revenue to £733.2 million, with organic growth of 2.8%, for the 28 weeks ended 15 April [...]...
  • Glanbia Sets Out Five Year Ambition Glanbia, the global nutrition group, has reiterated its 2018 full year guidance and outlined its five year financial ambition to grow total group revenue from €3.6 billion, pro forma, in 2017 to over €5.0 billion by 2022. Glanbia Group, with its three platforms of Glanbia Performance Nutrition, Glanbia Nutritionals and Strategic Joint Ventures is well [...]...
  • Thriving UK Brands Make Lives Healthier, Happier & Easier Kantar Worldpanel’s latest ranking of the UK’s most chosen brands finds half of the top 10 brands in growth. Warburtons remains the UK’s most chosen brand overall, chosen 544 million times at the supermarket shelves during the course of the year. Bought on average 23 times a year, Warburtons is the nation’s most frequently purchased [...]...
  • Kerry Launches ProDiem™ Refresh – An Innovative Vegan & Allergen-free Plant Protein For Low pH Beverages Kerry, the Taste & Nutrition company, has launched ProDiem™ Refresh, an allergen-free, soy-free, pea protein hydrolysate developed for low pH beverages such as waters, juices and energy drinks that delivers a clean and refreshing taste. ProDiem™ Refresh is the latest addition to Kerry’s specialised proteins portfolio. Consumers are proactively increasing their intake of plant protein and its appeal has moved far beyond [...]...
  • Ilapak Fine Tune Bagging Equipment to Run New Compostable Film Responding to the rapid need for food factories to use sustainable packaging materials, Ilapak UK has successfully adapted one of its vertical flow wrapping systems, the Vegatronic, to run a new compostable film. Following this breakthrough, Ilapak plan to modify its entire fleet of over 1200 vertical and horizontal systems and offer an upgrade option [...]...

Sport food to outpace food drink by 2020

Sport food to outpace food drink by 2020
December 14
12:17 2015

Sports drinks may have accounted for the largest share of the sports nutrition market in 2014, but sports food is expected to witness the highest growth for 2015 – 2020 according to a report from P&S Market Research.

The report predicted growth of 9.7% for sorts food in this period.

The global sports nutrition market overall was valued at $24,700.4 million (€22514.27m) in 2014, and it was ex ected to row at a com ound annual rowth rate CAGR of 8.3% durin the eriod 2015 – 2020.

Within this the North American market was the largest in 2014. Key globally operating companies included PepsiCo, Glanbia, GNC, Coca-Cola, MaxiNutrition GSK , Universal Nutrition and Clif Bar & Company.

Some of the major drivers behind the growth of the sports nutrition market include increasing urbanization, growing number of fitness centers and health clubs, and increasing health consciousness among people,”the report said.

The market had witnessed an “exceptional shirr in recent years, with sports nutrition products previously intended for athletes and body builders increasingly attracting a young non-athlete consumer group.

With consumer demand up, competition had also increased.

“To meet the requirement of epanded consumer base, manufacturers need to invest in new product development.”

This new consumer base wanted not just health benefits but good tasting products too. However the authors said challenges for the sector remained.

“Negative perceptions about inclusion of questionable ingredients such as steroids and other banned substances, and availability of various health substitutes, are some of the challenges faced by the industry.”

About Author

admin

admin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 1, 2018Gluten Free Expo Slovakia
  • June 3, 2018Vinoble
  • June 4, 20188th WSO World Congress on Stevia Tasteful 2018
  • June 17, 2018The Excellence of Italian Food and Wine (Bellavita Expo)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements