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Global Sports Drink Market CAGR, Volume and Value 2027

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karan gawas

The global sports drink market is presumed to register a significant CAGR during the assessment period (2016-2027) owing to the increasing fitness-conscious population during the forecast period (2016-2027), asserts Market Research Future (MRFR). Sports drink are beverages which contain carbohydrates, sugar, salt, vitamins, proteins, minerals, and electrolytes such as potassium, sodium, and other ingredients. Sports drink is consumed by athletes and sportspersons to restore water, electrolytes, and energy level before or during exercise.

Also Read: http://www.comunicati.net/comunicati/aziende/finanza/662024.html

Competitive Dashboard

The major players operating the global Sports Drink Market Growth are AJE Group, Fraser and Neave Holdings Bhd, Glaxo SmithKline plc, Artico Beverage Company International Inc, D'Angelo, Britvic Plc, Monster Beverage Co, Coca-Cola, Champion Nutrition Inc, Arizona Beverage Company, Extreme Drinks Co, PepsiCo, Abbott Nutrition Co, Living Essentials, and others. The market is dominated by two big beverage brands Coca-Cola and PepsiCo.

Drivers and Restraints Impacting the Market

The major reason behind the reason for consumption of sports drink is to revive the nutritional content lost during sweat and increase the energy metabolism in the human body. The demand for flavored sports drink is increasing in the global market and companies are manufacturing such flavored drinks to offer better performance benefits to the consumers. Sports drink helps athletes to indulge in intense exercises and prolonged training. It also helps them to enhance their performance and endurance. With the rising population of sportspersons, athletes, rising number of players in the developing countries, the demand for sports drink is likely to trigger during the forecast period. Sports drink also offer a number of benefits such as it minimizes the risk of dehydration. Also, electrolytes present in the sports drink helps to replace sweat and retain the balance of electrolytes in the body. Increasing awareness among the consumers regarding its benefits is further propelling the demand for sports drink during the assessment period.

On the flip side, inclination of the market towards the consumption of organic and natural products owing to lesser side effects are considered to retard the market growth in the coming years.

Also Read: https://articlescad.com/sports-drink-market-growth-regional-analysis-and-forecast-to-2027-194288.html

Global Sports Drink Market: Segmental Analysis

The global sports drink market has been segmented on the basis of ingredient, sugar content, end-user, age, and region.

By mode of ingredient, the global sports drink market has been segmented into salts & electrolytes, flavors & preservatives, citric acid, vitamins, and carbohydrates.

By mode of sugar content, the global sports drink market has been segmented into hypotonic, hypertonic, and isotonic. Among these, the isotonic segment holds the largest market share in the global market as they contain almost the same amount of salt and sugar as in the human body. Hypertonic drinks on the other hand contain higher concentration of salt and sugar.

By mode of end-users, the global sports drink market has been segmented into lifestyle users, athletes, and casual consumers. Among these, sports drink is popular among the athletes as they help them to revive energy level.

By mode of age, the global sports drink market has been segmented into adults and teenagers.

Also Read: http://www.marketwatch.com/press-release/cast-acrylic-sheets-market-covid-19-outbreak-global-industry-size-share-growth-factor-development-opportunities-and-regional-demand-by-2023-2021-01-12

Regional Insights

Geographically, the sports drink market span across four major regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World.

Among all the regions, North America is presumed to dominate the global sports drink market holding the largest market share. The growth is attributed to the rising concern for health, increasing trend for athleticism, and shift in the dietary pattern due to changing lifestyles.

The Asia Pacific region is estimated to exhibit a significant growth rate during the forecast period. Emerging economies in the Asia Pacific region are estimated to be major growth drivers for the market. Countries such as India, China, Brazil, and Japan have huge potential for sports drink due to higher number of younger demographics in these regions.

Also Read: http://www.marketwatch.com/press-release/folding-cartons-market-2020-covid-19-impact-analysis-global-size-industry-share-business-opportunity-segments-key-players-demand-growth-trends-outlook-and-regional-forecast-2023-2020-10-29

Industry News

September 27, 2018: Hayden Washington-Smith and his mate Ng aged 20 years, have developed a vegan, gluten-free, low-sugar content, GM-free sports drink which needs to be approved by the Anti-Doping Agency. They have developed their hydration drink for endurance athletes containing more sodium content.

Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Also Read: https://www.medgadget.com/2020/07/covid-19-impact-on-pharmacy-benefit-management-services-market-growth-competitive-landscape-future-trends-size-projection-key-insights-and-industry-dynamics-by-2024.html

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

 

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