Sports Nutrition in Uzbekistan - New Report Available
Fast Market Research recommends "Sports Nutrition in Uzbekistan" from Euromonitor International, now available
Boston, MA -- (SBWire) -- 11/18/2014 --There was a growing focus on health in Uzbekistan in the review period, with this being encouraged by stronger media coverage of health issues and widening internet access. Many young men in particular began to visit gyms, aiming to build muscle strength and tone. This trend drove strong sales growth for sports nutrition, with current value growth of 24% in 2013 in line with the review period CAGR. Protein powder was the only significant product area in sports nutrition throughout the review period and being positioned as contributing to muscle growth.
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Competitive Landscape
Sports nutrition is fairly consolidated, with Atlant, Weider and BioTech each accounting for 20-21% value share in 2013. Atlant, based in Azerbaijan, benefits from a longstanding presence in Uzbekistan and established distribution. Weider and BioTech meanwhile benefit from offering strong global brands such as Weider Mega Mass and Mega Gainer respectively. These players also have a stronger presence in chemists/pharmacies, while Atlant is mainly focused on sales via gyms and sports centres. All three players gained share marginally in 2013 over the previous year, chiefly thanks to pushing for wider distribution.
Industry Prospects
Gym attendance in Uzbekistan is expected to continue to increase in the forecast period. This will be linked to the ongoing health and wellness trend and also to a growing sense of affluence, with consumers being able to afford to spend more on leisure activities. More consumers are expected to turn to sports nutrition in order to boost their fitness levels, supporting a strong 13% value CAGR at constant 2013 prices in the forecast period. This represents a stronger growth in comparison to the 10% CAGR seen during the review period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Sports Nutrition industry in Uzbekistan 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 Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Sports Nutrition in Uzbekistan 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 Uzbekistan?
- What are the major brands in Uzbekistan?
- What is the market size of Sports Nutrition in Uzbekistan?
- What are the major brands in Uzbekistan?
- Do consumers prefer powders, tablets, or RTD?
- Do consumers prefer protein, amino acid, whey, or creatine products?
Reasons to Get this Report:
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
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