Germany Sports Nutrition Size, Share, Trends (2022-27) | Report
Market Overview:
During the anticipated period, the German sports nutrition market is expected to grow at a CAGR of 8.3%. (2022–2027).
The market has been significantly impacted by the COVID-19 crisis. The way that consumers behaved has changed. Customers favour healthy goods that will strengthen their immune systems. The main motivation for consumers to act in this way was to reduce the impact of the virus. Due to the closing of numerous retail stores, shopping centres, hypermarkets/supermarkets, etc., customers preferred to buy these products from e-commerce websites. One of the major players in this market, Glanbia plc, saw a 34% increase in organic sales during the 2021 fiscal year.
The government’s participation in various sporting events also motivates millennials to engage in physical activity, which ultimately drives up per capita spending.
One of the main factors driving the growth of the sports nutrition market in the nation is the rising consumer demand for a healthier lifestyle.
Scope of the Report:
Studies in sports nutrition concentrate on the kind and quantity of food and fluids consumed by athletes. It also addresses the consumption of nutrients like vitamins, minerals, dietary supplements, and natural products like carbohydrates, proteins, and fats. Sports food, sports drink, and sports supplements are among the product categories that make up Germany’s market for sports nutrition. The supermarket/hypermarket, convenience store, specialty retailer, online retail stores, and other distribution channels are some of the other divisions of the market based on the means of distribution. For each of the aforementioned market segments, the report provides market size and forecasts in US dollars million.
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