"Sports Nutrition in Algeria" is now available at Fast Market Research
New Healthcare research report from Euromonitor International is now available from Fast Market Research
[USPRwire, Mon Oct 20 2014] Sales of sports nutrition remain largely limited to high-income consumers and bodybuilders. These products are regarded as prohibitively expensive by most consumers, while consumer awareness also remains low. Most consumers do not view these products as helpful for a wide range of sports and associate sports nutrition solely with bodybuilding. This limited consumer base resulted in sales remaining low at the end of the review period at just DZD0.5 billion.
Competitive Landscape
Ultimate Nutrition was the leading player in sports nutrition throughout the review period and accounted for close to 40% value share in 2013. This company benefits from representing Universal Nutrition's range in Algeria, including strong global brands such as Massive Whey Gainer and Amino Gold. The company represented four of the top 10 brands in overall sports nutrition in 2013. Those with access to the internet are often attracted to high profile global brands in sports nutrition due to reading about these on forums or review websites.
Sports nutrition is expected to benefit from the emergence of more specialist retailers offering these products in the forecast period. The success of the MyBestForm chain is expected to encourage other entrants to this channel, while this chain is also expected to continue to expand. These outlets offer a considerably wider range of products in comparison to chemists/pharmacies. These outlets also offer expert advice, with more consumers thus becoming likely to buy a wider range of sports nutrition. Thanks to these trends, sports nutrition is expected to see a stronger 5% value CAGR at constant 2013 prices in the forecast period, up from less than 1% CAGR in the review period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Sports Nutrition industry in Algeria with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Sports Nutrition industry in Algeria, our research will save you time and money while empowering you to make informed, profitable decisions.
The Sports Nutrition in Algeria market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Sports Nutrition in Algeria?
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