Sports Drink Market Growth and Forecast to 2024

Market overview

Sports drinks are beverages that contain salt, sugar, protein, carbohydrates, minerals, vitamins, and electrolytes such as potassium, sodium, and other ingredients. They are mostly preferred by sportspersons, athletes and others, to restore energy level, electrolytes, and water before and during exercise.

The primary goal of consuming Sports drink is to improve the nutritional contents, which are lost during sweat and to raise energy metabolism in the human body.

Global Sports Drink Market is projected to rise at a CAGR of 4.5% during the forecast period 2019-2024.

Market Drivers and Restrains

Primary reasons driving the development of sports drink in the global market are it supports to increase the performance, endurance and assist athletes in doing intense exercise and lengthy training.

The growing population of sportspersons and athletes in emerging countries are also some other aspects driving the progression for sports drink in the global market.

Rising competition in sports, high-popularity training and exercise are fuelling the development of sports drinks in the global beverages market.

The report is segmented as

By Type

• Isotonic
• Hypotonic
• Hypertonic

By Ingredient Types

• Aqua/Water
• Additives

Geographical Segmentation:

Based on regional segment, the market for sports drink is segmented into North America, Latin America, Asia-Pacific, Japan, Western Europe, Eastern Europe and the Middle East & Africa. Of these regions, North America contributes the largest portion to the global business of these beverages.

Key market players:

• Gatorade the sports fuel company
• The coca-cola company
• Ba sports nutrition, llc.
• J donohoe beverages ltd.
• Pepsico
• All sport, inc.
• BE Innovations
• GU Energy Labs
• Otsuka Pharmaceutical Co., Ltd.
• CytoSport, Inc

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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