This is due to the wide range of products which RB sells. However, the buyers are increasingly big stores such as the supermarkets for whom individual products are not of great importance to. Threat of New Competitors This threat is fairly low.
Key Findings The global market for sports nutrition and supplements has been growing at a significant rate with the food and beverages, pharmaceuticals health and personal care and sports industries. The Global Sports Nutrition Market is majorly driven by increasing health awareness among the consumers, rapid urbanization and rise in disposable income of the consumers are some of the major factors and the market share of sports nutrition products is expected to increase over the forecast period.
The sports nutrition market has been seeing a shift from major markets such as North America towards developing markets in Europe and Asia-Pacific.
Due to their high population, countries such as India and China offer huge opportunities in the future. Furthermore, low per capita consumption and upcoming high-profile sporting events allow sports nutrition companies to establish themselves in these markets.
These companies have already started developing new products and flavors, in line with the shift in consumer groups and market regions.
Sports nutrition products mean the energy bars and drinks, protein bars and dietary supplements. Health awareness and a fitter lifestyle has led to an increase in the sports nutrition product market.
These products cater to people with a hectic lifestyle who want to improve their health and fitness level. Besides they are increasing used by people who have a lower fitness regime. By product, the market has been segmented into sports food, sports drinks and sports supplements.
Sports drinks is the largest market share for sports nutrition products. However, sports food is one of the fastest growing markets for sports nutrition products.
Increasing health awareness and changing lifestyle are the major factors boosting the demand for sports food at the global level.
Regional Insight Globally, North America dominates the Sports Nutrition Market, with high investments from manufacturers due to growing demand.
However, as consumers in developing nations are increasingly spending their income on health and health related products, these economies are expected to pose a threat to the supremacy of developed economies.
Reasons for Buying the Report This report provides a detailed study of current trends in the Sports Nutrition Market, key growth drivers, and restraints. It provides market forecast for the next 7 years assessed on the basis of market growth. The report also includes analysis of recent technological developments in the Sports Nutrition Market, analysis of key market players and the key winning strategy adopted and predictive analysis.
The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. The report tracks and analyse the changing market dynamics.
The report also talks about emerging opportunities in the market and the future impact of major drivers and restraints of the market.
The report also provides extensive analysis with respect to key product segments. The analysis in the report will help in making effective business decisions.
It provides analysis through distinctive graphs and charts and analyses strengths, weakness, opportunities and threats of major market players.The Middle East and Africa Sports Nutrition Market size was around USD billion in It is expected to grow at a CAGR of % to reach USD billion by Reckitt Benckiser's shares sank after the British consumer goods group missed profit estimates, while tough trading conditions and rising commodity costs hit its outlook.
Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site. Reckitt Benckiser saw free cash flow come in at £bn in , a chunky increase from £bn in The company was helped by an increase in operating profit, to £bn from £bn.
Pestel Analysis On Reckitt Benckiser Group Uk. Reckitt Benckiser maintain their business performance and value Introduction To be successful in the fast-paced world of household, health and personal care products, you have to think big.
Reckitt Benckiser (RB) is a world leader in the making and marketing of household, consumer health . The Porter’s Five Forces tool is a very powerful tool. It is simple but excellent for judging exactly where power lies.
As it helps to understand not only the strength of current competitive position but also the strength of an expected position, it is very useful.