Sports Drink Market Overview:
Maximize Market Research is a firm that has published a detailed analysis of the “Sports Drink Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The base year for the Sports Drink market is 2023 and the forecast period is from 2024 to 2030.
Sports Drink Market Scope and Methodology:
The research emphasizes a comprehensive review of the Sports Drink market. The report includes a thorough analysis of the trends, dynamics, and market highlights, assisting clients in exploring opportunities and developing market strategies. The data sources including primary and secondary are used to gather the data with analysis of qualitative and quantitative. A primary interview with industry experts is conducted to understand key findings. Secondary sources include press releases, white papers, and financial and annual reports. The report provides information about the drivers, challenges, major restraints to the market, and opportunities persuading for the Sports Drink market.
Sports Drink Market Regional Insights:
The Sports Drink market is segmented into different regions such as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report includes a detailed analysis of all the factors such as market size, growth rate, and import and export in regions. The Regional Analysis provides the Sports Drink market status of various countries included in the report.
Sports Drink Market Segmentation:
by Type
Isotonic
Hypertonic
Hypotonic
Sorted The growing number of people participating in sports and growing worries about physical health have led experts to predict that isotonic beverages will continue to lead the global market in terms of sales from 2022 to 2029. The second decade of this century has seen a 1.7% growth in the demand for hypertonic beverages from people who lead active lifestyles due to factors such as increasing concentrations of sugar and salt and a growing preference for electrolyte beverages to replenish fluids lost via perspiration. The demand for hypotonic beverages is expected to rise by 1.1% in 2022 due to the availability of medicinal characteristics that can be used to treat psychological difficulties and nutritional contents that can be customised to meet specific needs.
by Packaging
Pet Bottles
Cans
Pouches
Through Packaging, According to predictions made by the Nutrient Beverages Industry, cans will continue to be the most popular packaging material for sports drinks from 2022 to 2029 due to their ability to preserve nutrients for an extended period of time. Bottle demand in the nutraceutical industry increased by 1.4% in 2022 as a result of consumers' growing preference for using plastic bottles as an affordable packaging option for sports drinks.
by Distribution Channel
Online
Offline
Regarding Distribution Channel, consumers prefer to buy sports drinks on both online and offline platforms. In 2022, sales of sports drinks through supermarkets in the US and Europe increased by 2.4% due to the availability of a diverse choice of products from various manufacturers under one roof. Sports drink sales through US e-commerce behemoths like Amazon increased 6.5% in 2022 compared to the same period in 2018. This can be attributed to the availability of features like doorstep delivery.
Sports Drink Market Key Players:
1. Red Bull GmbH
2. Taisho Pharmaceutical Co Ltd
3. PepsiCo
4. Monster Energy
5. Rockstar
6. Lucozade
7. The Coca Cola Company
8. Amway
9. Arizona Beverages
10. Suntory Beverage & Food
11. GCMMF
12. Decathlon
13. GATORADE THE SPORTS FUEL COMPANY
14. J DONOHOE BEVERAGES LTD.
15. BA SPORTS NUTRITION, LLC.
Key questions answered in the Sports Drink Market are:
Key Offerings:
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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