Electrolyte Mixes Global Market Worth $61.3 Billion By 2028 Rapid Growth Predicted CAGR of 11.0% | PepsiCo Inc., The Coca-Cola Co., Nestle S.A., Unilever PLC, Abbott Laboratories

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The Business Research Company presents an extensive market research report on the Electrolyte Mixes Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The electrolyte mixes market size has grown rapidly in recent years. It will grow from $36.56 billion in 2023 to $40.32 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing awareness among consumers regarding electrolyte-based products, strong economic growth in emerging markets, influence of digital media marketing and social media and growing number of health-conscious consumers.

The electrolyte mixes market size is expected to see rapid growth in the next few years. It will grow to $61.3 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to increasing organic food consumption, growing demand for immunity boosting beverages and rising trend of digitization. Major trends in the forecast period include focus on products for women and millennials, focus on clean labels, focus on smart brands, focus on innovative flavors and packaging, focus on ready-to-drink electrolyte mixes and focus on vegan and plant based functional drinks.

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Key Market Players:

Major companies operating in the electrolyte mixes market report are PepsiCo Inc., The Coca-Cola Co., Nestle S.A., Unilever PLC, Abbott Laboratories, Otsuka Pharmaceutical Co. Ltd, Cargill Incorporated, Prestige Brands Holdings, Vega (US), Kent corporation, Vitalyte Electrolyte, Skratch Labs Sport Hydration Drink Mix, Liquid I.V., Hydration Multiplier, Gatorade Endurance Formula Powder, Nuun Sport Drink Tablets, Ultima Replenisher Mix, Dr. Price's Electrolyte Mix, Emergen-C Electro Mix, Refresco, Kuchikoo Electrolyte, INTERCORP BIOTECH LIMITED, Roust Corporation, Cherkizovo Group, GoodMills Group GmbH, European Drinks S. A, Sokolow, Zaklady Tluszczowe Kruszwica, Devro plc., Pacific Health Labs, Fraser & Neave Limited (F&N), LyteLine LLC, Non-Acidic Beverages LLC, FDC Limited, Ipro Sport Holdings, Pocari Sweat, Danone, Wahaha Jihuo, Powerade, PediaLyte, PURE Sports Nutrition, Gulf Union Food Company, Hana Food Industries Company, Al-Amoudi Beverage Industries, Al Rabie Saudi Foods Company Limited, Batterjee Ice Cream & Juice Factory, Dala Juice Factory, Inhle Beverages PTY LTD., Kingsley Beverages South Africa, The beverage company, Suntory Beverage & Food Nigeria Ltd., Egyptian International Beverages Company, AJE Group Egypt for Soft Drinks S.A.E, Al Ahram Beverages, Mutalo Group

Market Drivers:

The growing health and fitness industry is expected to propel the expansion of the electrolyte mixes market in the forecast period. Any individual, organization, or institution that focuses on exercise, wellness, and overall body maintenance is considered a part of the fitness industry. The health and fitness business has seen tremendous growth in recent years as more individuals participate in exercise activities and increasing demand for items such as electrolyte mixes, which serve to facilitate vital biological functions. For instance, in 2022, according to the Sports & Fitness Industry Association (SFIA), a US-based industry association of the sports and fitness industry, 237 million US citizens participated in at least one sport, which was an increase of 1.9% from 2021. Further, Cardio kickboxing had the highest year-on-year increase with 8.5% from 2021 to 2022. Therefore, the upsurge in the health and fitness sector drives the growth of the electrolyte mixes market.

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The electrolyte mixes market covered in this report is segmented -

1) By Product Type: RTD Beverages, Electrolyte Powders, Tablets, Other Product Types
2) By Application: Energy Drink, Medical Solution, Other Applications
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Pharmacies, Online Retail, Other Distribution Channels

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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