Sports Nutrition and High Energy Supplements: The Global Market
- The global market for sports nutrition products increased from $27.8 billion in 2007 to an estimated $31.2 billion in 2008. It should reach $91.8 billion by 2013, a compound annual growth rate (CAGR) of 24.1%.
- Sports beverages have the largest share of the market and were worth $24.9 billion in 2007. This is expected to increase to $27.8 billion in 2008 and $87.0 billion in 2013, for a CAGR of 25.6%.
- Sports food currently represents the second-largest market segment, generating $1.8 billion in 2007 and an estimated $1.5 billion in 2008. This should reach $2.5 billion in 2013, a CAGR of 10.8%.
STUDY GOALS AND OBJECTIVES