Global Sports Nutrition Ingredients Market
Food And Beverages

Global Sports Nutrition Ingredients Market Analysis: Size, Drivers, Trends, Opportunities And Strategies

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

  • Introduction to Market Growth:
    • Rapid growth in the fantasy sports market.
    • Projected increase from $25.43 billion in 2023 to $28.41 billion in 2024.
    • Compound annual growth rate (CAGR) of 11.8%.
  • Factors Driving Growth:
    • Increased youth population.
    • Rising smartphone and social media usage.
    • Enhanced connectivity and enjoyable competition.
  • Expected Growth:
    • Forecasted to reach $47.02 billion in 2028.
    • CAGR of 13.4%.
    • Attributed to emergence of new sports, gamification elements, etc.

 

Read The Full Sports Nutrition Ingredients Market Report Here:
https://www.thebusinessresearchcompany.com/report/sports-nutrition-ingredients-global-market-report

 

Major Companies Redefining The Fantasy Sports Market With Advanced Fantasy Sports Platforms

  • Introduction to Trends:
    • Major companies developing innovative fantasy sports platforms.
    • Aimed at meeting larger customer bases and increasing revenue.
  • Case Example:
    • Mojo launched a daily fantasy sports game with distinctive features.
    • Real-time trading option and dynamic gaming experience.

Bally’S Corporation Acquired Monkey Knife Fight (MKF)

  • Strategic Acquisition:
    • Bally’s Corporation acquired Monkey Knife Fight (MKF) in January 2021.
    • Advances Bally’s long-term growth and diversification strategy in the fantasy sports segment.

Market Segmentation and Regional Analysis

  • Market Segmentation:
    • By Sports Type: Football, Baseball, Basketball, etc.
    • By Platform: Website, Mobile Application.
    • By Usage Type: Free, Paid, Hybrid.
    • By Application: Individual Competition, Team Competition.
  • Regional Analysis:
    • North America was the largest region in the fantasy sports market in 2023.
    • Asia-Pacific expected to be the fastest-growing region in the forecast period.

 

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The Sports Nutrition Ingredients Global Market Report 2024  provides an overview of the sports nutrition ingredients market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The sports nutrition ingredients market forecast analyzes sports nutrition ingredients market size, sports nutrition ingredients market share, leading competitor and their market positions.

 

Explore Similar Reports From The Business Research Company:
Sports Composites Global Market Report 2024
Participatory Sports Global Market Report 2024
Fantasy Sports Global Market Report 2024

 

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