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Sports Drink Market

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Global Sports Drink Market was worth USD 4.62 billion in 2016 and estimated to be growing at a CAGR of 5.1%, to reach USD 5.92 billion by 2021.
Sports Drink Market is Expected to Increase from $4.62 billion in 2016 to $5.92
Billion in 2021
The Global Sports Drink Market was worth USD 4.62 billion in 2016 and estimated to be
growing at a CAGR of 5.1%, to reach USD 5.92 billion by 2021. Sports Drinks are
beverages whose stated purpose is to help athletes replace water, electrolytes, and energy
before or after training or competition.
Athletes actively training or fitness enthusiasts lose electrolytes by sweating and expending
energy. A stated purpose of sports drinks, which provide many calories of energy from
sugars is to improve performance and endurance.
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The Global Sports Drink Market is driven by factors including the keen interest of the
millennial generation in sports, inclination towards fitness, increasing disposable incomes
and willingness to pay for health products. The increasing number of fitness centers and
health clubs also contribute to the growth of the market. However, the growing inclination of
the market towards organic and natural products due to lesser side effects acts as a
constraint on the growth of the market
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The Global Sports Drink Market is segmented on the basis of type, Ingredients type,
packaging and by distribution channels. On the basis of type, the market is segmented into
isotonic, hypertonic and hypotonic. On the basis of ingredient types, the market is
categorized into Aqua/Water and Additives. The additives segment is further divided into
sweeteners, polysaccharides and oligosaccharides, flavors, acidulates and others. On the
basis of packaging, the market is segmented into bottle, can, and others. On the basis of
distribution channels, the market is divided among modern grocery retailers, traditional
grocery retailers, and non-grocery specialists.
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The Global Sports Drink Market has also been geographically segmented into North
America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, North
America led the global Sports Drink market in terms of market share. The market for these
Sports Drink in Asia-Pacific area is amplifying because of more consumption. The AsiaPacific and other rising nations are foreseen to develop at a quick pace in the Sports Drink
market in the following years when compared with the seasoned markets of developed
regions.
The major players operating in the Global sports drink industry include PepsiCo, Coca-Cola,
100Plus, Lucozade, Sportade and Pocari Sweat, 8.5 Living Essentials, Cloud 9, Extreme
Drinks Co., Abbott Nutrition Co, AJE Group, Arctico Beverage Company, Brtivic PLC,
Champion Nutrition, D'angelo, Fraser & Neave Holdings BHD, GlaxoSmithKline PLC.
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Author
bhargav moturi
bhargav moturi12   documents Email
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Category
Business and Leadership
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Tags
drinks, Sports Drink market, Sports Drink
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