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Global Sports Drink Market 2020 Analysis by Industry Share
Posted: Feb 01, 2021
Sports drinks are widely used as an alternative to water to rehydrate and get back the electrolytes lost through sweating after activity. Electrolytes, including potassium, calcium, sodium, and magnesium, are essential for the body to balance the fluids properly. A body loses the electrolytes while sweating, and hence sports drinks can be useful to restore them during activities. Sports drinks contain sugar, electrolytes, and minerals. Some varieties of sports drinks also include protein, vitamins, or caffeine. In activities like heavy exercise or playing sports for 45 minutes or more, particularly in hot or humid weather, sports drinks are mostly preferred instead of water. Due to its increasing use by athletes, runners, and gymnasts, the global sports drinks market is expected to boost in the upcoming future.
Sports drinks are non-alcoholic drinks with distinct purposes, according to the target market. Sports drink's primary purpose is to improve hydration, maintain resistance performance, and replace electrolytes. As the market competition increases with market growth, manufacturers are focusing on improving taste to encourage consumption among even the new potential buyers. However, some studies show the effects of regular consumption of sports drinks containing higher sugar concentrations, leading to dental caries, excess weight gain, and low diet quality. This factor can have a major impact on the global market. Nevertheless, manufacturers are innovating the product to make it healthier and containing fewer carbohydrates, which is expected to fuel the global sports drink market in the upcoming future. Moreover, many advertisers and marketers are exaggerating the health benefits of sports drinks, proving beneficial for the global market.
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The report is a one-stop way to classify and compare the market segments and their attracting factors based on the CAGR and market share index across or beyond North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report also provides detailed segmentation, categorized by the form, category, type, end-user, distribution channel, and region in the study's scope. The same has been covered in the region-wise share analysis of the sports drinks market. The report centres on several fundamental trends impacting the growth of the sports drinks market. Some of the trends include the focus on hydration, lifestyle, etc. Moreover, the study identifies suppliers' bargaining power, buyers' bargaining power, the threat from new entrants, threat from substitutes, and the degree of competition in the global sports drinks market has been included in the report.
The report, with its easy and understandable manner, has cited practical ideas of the market. The report also highlights various significant facts responsible for the market's growth, such as development factors, statistical growth, business strategies, financial loss, or gain to assist readers, and clients, comprehend the sports drinks market from a global perspective. The report illustrates the demand for sports drinks via a sequence of channels that incorporate data ranging from necessary information to an unquestionable projection. It further includes all the primary factors that are expected to undergo definite transformation within the market.
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