The sports drink market is anticipated to grow at a significant CAGR during the forecast period. Sports drink usually constitutes electrolytes sodium and potassium that aids in rehydrating during or after exercise. Sports drinks also aid with the salt replacement of the athlete’s body that has been lost with sweat during the heavy physical workouts. Sports drinks are often preferred after the workout sessions as these replenish the body’s nutrients. Sports drinks are available in various enhances flavors which are anticipated to drive the adoption of sports drinks.
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Additionally, the changing health habits among the population is increasing the adoption of sports drinks across the emerging as well as developed economies, which in turn, will drive the growth of the sports drink market. In addition to this, the increasing endorsements by the popular athletes and celebrities coupled with the promotional campaigns and events is also anticipated to surge the consumption of sports drink. Thereby, this will contribute significantly to the sports drink market growth. However, the recent increase indoubts among the population regarding the authenticity of the sports drinksis significantly challenging the sports drink market growth during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Sports Drink Market by Type
- Hypotonic
- Isotonic
- Hypertonic
Global Sports Drink Market by Distribution Channel
- Retail &Supermarket
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Abbott Laboratories Inc. (Abbott Nutrition)
- AJE Group
- Amway Corp.
- Atlanta Beverage Co
- BA SPORTS NUTRITION, LLC (Bodyarmor)
- Britvic PLC
- Danone SA
- Decathlon Sports India Pvt Ltd.
- DEFIANCE ENTERPRISES LLC (DEFY)
- Fraser and Neave, Ltd.
- Herbal International of America, Inc.
- Nuun &Co., Inc.
- Otsuka Pharmaceutical Co., Ltd.
- PepsiCo, Inc.
- Suntory Holdings Ltd.
- The Coco-Cola Co.
- The Kraft Heinz Co.
- World Waters, LLC
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Sports drink market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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