The Global Sports Drink market size is expected to reach US $31.55 Billion by 2027, thanks to growth in the isotonic beverages segment. The report analyzes market dynamics by region and end-user industries.
Sports Drink Market Overview:
Global Sports Drink Market 2021 by Manufacturers, Regions, Type, and Application, Forecast to 2027, is the product of intensive primary and secondary research conducted by Maximize Market Research. The study examines all of the market’s major features, as well as the market’s ever-changing trends, industrial environment, and leading characteristics. This research approach was used to analyze the global market, and the results were presented in a logical manner in this report.
Sports Drink Market Scope:
Global Sports Drink Market research report includes critical data and analytical insights to provide a comprehensive perspective of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The study will also give stakeholders access to micro-market investment opportunities, as well as a thorough evaluation of the competitive landscape and significant competitors’ product offers.
The qualitative and quantitative data in the market study might assist decision-makers in determining which market segments, regions, and driving variables are most likely to expand at a quicker rate, as well as key prospective areas. The competitive landscape of leading market players, as well as prospective market trends, are also examined in the report.
PESTEL Analysis:
Maximize Market Study’s research includes a PESTEL Analysis, which aids in the growth of management strategies. Political variables can be used to determine how much a government can influence the market. Economic variables are used to examine the factors of economic performance that impact the market. Marketing data and techniques are aided by social media. Understanding the impact of the surrounding environment and the influence of environmental concerns on the market is aided by legal considerations.
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Segmentation:
By Type, Increasing concerns about physical well-being and the rising population involved in various sports activities has forecasted isotonic beverages to remain the dominating segment in terms of sales in the Global Sports Drink Market from 2020 through 2027. The presence of a higher concentration of sugar and salt and rising preference for electrolyte beverages to replace fluids lost through sweating has resulted in a 1.7% increase in demand for Hypertonic Beverages in the second decade of this century by the people following an active lifestyle. The presence of medicinal properties that are used to treat psychological issues and nutrient contents tailored as per the requirement has resulted in a 1.1% increase in demand for hypotonic beverages in 2020.
By Packaging, The presence of elements that maintains the nutrient content for a long time has forecasted the use of Cans to remain the dominating type used for packaging Sports Drink by the Nutrient Beverages Industry from 2020 through 2027. An increase in the preference for the use of plastic bottles as a cost-efficient medium for packaging Sports Drink has resulted in a 1.4% increase in the demand for Bottles in 2020 by the Nutraceutical Industry.
By Distribution Channel, Both Online and Offline Platforms are preferred by people for purchasing Sports Drink. The presence of a wide range of products by different brands under one roof has resulted in a 2.4% increase in the sales of Sports Drink through the medium of Supermarkets present in the US and Europe in 2020. The presence of features like doorstep delivery has resulted in a 6.5% increase in the number of people purchasing Sports Drink in 2019 as compared to the duration of 2016 to 2018 through E-Commerce giants like Amazon in the US.
Key Players:
• Red Bull GmbH
• Taisho Pharmaceutical Co Ltd
• PepsiCo
• Monster Energy
• Rockstar
• Lucozade
• The Coca Cola Company
• Amway
• Arizona Beverages
• Suntory Beverage & Food
• GCMMF
• Decathlon
• GATORADE THE SPORTS FUEL COMPANY
• J DONOHOE BEVERAGES LTD.
• BA SPORTS NUTRITION, LLC.The competitive landscape is an important factor that all key players should be aware of. The research illuminates the competitive climate of the global market, letting readers comprehend rivalry at both the domestic and global levels. Operational regions, production, and product portfolio are all significant factors. In addition, the businesses in the study are assessed based on key metrics including company size, market share, market growth, revenue, production volume, and profitability.
In addition to player market share analysis, in-depth profiling, product/service, and company description, the study focuses on BCG matrix, heat map analysis, Competitive Benchmarking, and SWOT analysis to better correlate market competition.
Regional Analysis:
This report is divided geographically into several key Countries, with market size, growth rate, import and export of market in these countries covering North America, US, Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
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