A recently published report by Fact.MR reveals that the global sports drink market is projected to grow at a modest CAGR of 5.3% during the forecast period (2021-2031), surpassing US$ 25 Bn by 2031. Today’s sports drinks are more specialized than ever before with new formulations to meet the changing customer demands.
Historical data reveals that the market experienced an incline of 4% in term of value CAGR, from 2016 to 2020. As of 2021, value sales are anticipated to touch US$ 15.2 Bn. During the pandemic crisis, sales initially dipped, as closure of manufacturing facilities led to cessation of production operations. Eventually, as the incidence waned, the disequilibrium was restored. Furthermore, consumers began to indulge in physically demanding activities to boost their immunity.
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Key Points Covered in Sports Drink Industry Survey
- Market Estimates and Forecasts (2016-2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand Share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- Assessment by Product Grade / Purity / Formulation Standards
- Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
- Certifications and Compliance Requirements
- COVID-19 Impact on the Sports Drink Industry and How to Navigate
- Recommendation on Key Winning Strategies
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Region-Wise Analysis
Why is North America an Opportunistic Market for Sports Drinks?
According to Fact.MR, North America is likely to register the highest growth during the forecast period, majorly driven by the lifestyle of the people. Consumers in the region are becoming more concerned about their physical well-being, prompting them engage in sporting activities, thus stimulating demand for energy boosting fluids.
North America is likely to provide lucrative growth opportunities backed by the presence of leading market players such as The Coca-Cola Company, Monster Beverage Corp, Red Bull GmbH, Dr Pepper Snapple Group Inc., and PepsiCo Inc. in the U.S and Canada. The market’s worth is projected to exceed US$ 9.7 Bn by the end of 2031, accounting for 60% of global demand.
Key Companies Profiled |
- The Coca-Cola Company
- Abbott Nutrition
- Monster Beverage Corp
- Suntory Beverage & Food Ltd.
- Red Bull GmbH
- Dr. Pepper Snapple Group Inc.
- GlaxoSmithKline Plc.
- GNC Holdings Inc.
- Pepsico Inc.
- PacificHealth Laboratories Inc.
- Nestlé S.A
|
Key Segments Covered
- Product Type
- Isotonic
- Hypertonic
- Hypotonic
- Consumption Type
- Pre-exercise Sports Drinks (PRX)
- During Exercise Sports Drinks
- Recovery Drinks
- Distribution Channel
- Modern Trade
- Drug Stores
- Convenience Store
- E-Commerce
- Other Retail Format
Key Countries Covered |
- U.S.
- Canada
- Germany
- U.K.
- France
- Spain
- Italy
- Nordics
- China
- Japan
- India
- Thailand
- Singapore
- Malaysia
- Australia
- Brazil
- Mexico
- Argentina
- Nigeria
- GCC
- Israel
- South Africa
|
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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