The global Sports Drink Market size is expected to reach USD 29.9 Billion by 2025, according to Million Insights. registering a CAGR of 4.3% over the forecast period. Increasing usage of sports drinks by athletes due to the presence of constituents which include electrolytes water and energy is expected to increase the demand of the market. In addition, growing health awareness among young age groups who are engaged in sports activities is one of the major factors to fuel market growth.
Key Players:
Coca-Cola and PepsiCo. Gatorade the brand of PepsiCo and PowerAde
Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/sports-drink-market/request-sample
Market Synopsis of Sports Drink Market:
Athletes are preferring sports drink beverages than carbonated drinks due to the adoption of this product by health clubs and respective associations. Though these drinks are popular among athletes and sports personnel, there is also growing adoption among general consumers who are not involved in any kind of sport. Hence, by observing this opportunity, manufacturers across the globe are targeting athletes’ groups. Moreover, the increasing number of fitness centers and health clubs are expected to pave the market growth in the coming years.
Geographically, North America held the largest market share of more than 40%, in 2018 due to the rising awareness about health and the trend of athleticism. Developing countries such as China and India in the Asia Pacific region are expected to have a huge potential to grow during the forecast period due to the high presence of the young population.
However, consumer shift towards natural and organic products is expected to hinder the market growth. Therefore, market players are introducing sports drink with natural components such as natural sweeteners in the products.
Among the distribution channel segment, retail held the largest sports drink market share due to increase in bulk purchase and cost comparison with supermarket and hypermarket. The online platform is expected to expand with the highest growth rate due to the increasing influence of the internet via smart devices, during the forecast period.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Sports Drink: Market Variables, Trends & Scope
Chapter 4 Sports Drink: Product Estimates & Trend Analysis
Chapter 5 Sports Drink: Application Estimates & Trend Analysis
Chapter 6 Sports Drink: End-use Estimates & Trend Analysis
Chapter 7 Sports Drink: Industrial End-use Estimates & Trend Analysis
Chapter 8 Sports Drink: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Sports Drink: Manufacturers Company Profiles
Browse Related Category Research Reports @ https://millioninsightsmarket.blogspot.com
No comments:
Post a Comment