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Latin America Sports Drink Market pdf

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Latin America Sports Drink Market was worth USD 690 million in 2016 and estimated to be growing at a CAGR of 4.1%, to reach USD 850 million by 2021
Latin America Sports Drink Market Size, Status and Forecast 2021
The Latin America Sports Drink Market was worth USD 690 million in 2016 and
estimated to be growing at a CAGR of 4.1%, to reach USD 850 million 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 Latin America 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 Latin America 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.
Latin America Sports Drink Market region includes countries such as Brazil, Mexico,
Argentina, and remaining countries of South America. The huge rise in spending in the
Sports Drink market has increased the demand in the market. Brazil is one of the largest
markets in this region followed by Mexico, Argentina, and Columbia. The availability of large
customer base with rising disposable incomes is set to drive the market in the foreseeable
future.
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The major players operating in the Latin America sports drink industry include PepsiCo,
Coca-Cola, 100Plus, Lucozade, Sportade and Pocari Sweat, 8.5 Living Essentials, Cloud
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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