Satisfying Gen Y’s appetite for premium sports and active nutrition products key to sector growth – Growth Asia Summit

The pandemic, rising awareness about health and wellness, and greater accessibility due to the e-commerce boom are some of the factors said to be stimulating development of the sports and active nutrition category in Asia-Pacific (APAC).

According to Tim Hill, Key Accounts Director (South East Asia) at GlobalData, APAC’s sports and active nutrition sector was valued at USD4.2 billion in 2022, and is projected to grow at a CAGR of 7.6% to reach USD6.1bn in 2027.  

Speaking at the recent Growth Asia Summit, Hill highlighted key trends,…