Sports & Energy Drinks Market Will Hit $ 242.4 billion by 2030

Sports & Energy Drinks Market Report Scope -

The SNS Insider report indicates that the Sports & Energy Drinks Market was valued at USD 105.2 billion in 2022, and it is projected to achieve a market size of USD 242.4 billion by 2030, with a compound annual growth rate (CAGR) of 11% expected over the forecast period from 2023 to 2030.

Taking into account the Sports & Energy Drinks Market shares of the leading companies, this study provides a detailed analysis of the competition environment. Information on unit shipments is also given. These will provide the key market players with the necessary business intelligence and will help them to understand the future of the sports and energy drinks market. The assessment shall include a forecast, an overview of the competitive structure, market shares held by competitors and trends in these markets. Nutraceutical beverages are classified as sports and energy drinks. These drinks are varied kinds of beverages; sports drinks help athletes to replace water content, electrolytes and boost energy before and after training. It replenishes the fluid that was lost during the exercise. Stimulant drugs that provide physical and emotional stimulation are included in an energy drink. Sports and energy drinks are highly caffeinated beverages that provide additional energy, as well as a boost in nutrition. In the performance of physical activities, it helps to hydrate the body. These products are available in tablets, powder and liquid form.

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Key Players Covered in this market report are:

AJE Group
Abbott Nutrition Co.
BA sports nutrition LL
The Coca-Cola Company
PepsiCo Inc.
Herbalife And Energy Drinks Inc.
Monster Beverage Corporation
Red Bull GmbH
True and Energy Drinks
Glanbia plc
Now Health Group Inc.

Market Growth Factors -

Global demand for energy drinks has been driven by the increasing popularity of unconventional fitness activities like yoga and aerobics, as well as a growing trend to participate in half or full marathons. In addition, several producers are releasing beverages containing natural ingredients such as organic guarana and raw green coffee bean extracts, as consumers become more aware of the health risks associated with regular non organic sports and energy drinks. The term sports and energy drinks refer to beverages that restore electrolytes and carbohydrates in the body while participating in exercise. Sports drinks are often consumed by athletes and sports fans because of their heavy content of chloride, calcium, sodium, magnesium or potassium.

Segmentation Analysis -

The global market for sports and energy drinks is divided into distribution channels, the top brands as well as geographical regions. The distribution channel is composed of On-premise and Off premise. Vending, sports nutrition chain and others are subsegments of the on-premises segment. The off-premise segment includes supermarkets, hypermarkets, drug stores, convenience stores, mass merchandisers, and others. The market is divided into energy and sports drinks, according to leading brands. Red Bull and other energy drinks are further subdivided. Sports drinks are classified into powerade, gatorade and other beverages. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa.

Sports & Energy Drinks Market Segmentation as Follows:

By Type
Sports Drinks
Energy Drinks

By distribution channel
Convenience Stores
Online Retailers
Supermarkets & Hypermarkets
other

By End-user
Sportspersons/Athletes
Recreational users
Casual sports drink users
Lifestyle users

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Key Regional Development -

In view of the rapidly growing number of people in this region taking part in fitness activities, North America is projected to be a dominant market for sports and energy drinks. As the region's population of health-conscious people increases, Europe is projected to grow at a faster rate from 2023 to 2030 than any other country. Individual market drivers and changes in domestic regulations that affect the present and future trends of the market are also included in the country section of this report. Some of the parameters used for forecasting market scenarios in each country are data from downstream and downstream value chains analysis, technical trends as well as Porter's five forces analysis case studies. The presence and availability of global brands and their challenges.

Key Takeaway's-

The key factor driving the global sports and energy drink market is growing consumer interest in these beverages. In the future, companies are looking to attract women consumers towards sugarless or light drinks that they expect will support market growth. The growth of the market is expected to be driven by young people's increased interest in sports and energy drinks, as well as continuing innovation with regard to taste.

Recent Developments -

September 2022: Gatorade, a PepsiCo brand, has launched a caffeinated energy drink called "Fast Switch" for athletes. The product is a combination of energy drinks and sports beverages. The product is notcarbonated, does not contain sugar, and does not contain artificial colours or flavourings.

August 2022: In India, the first ever variant of the sports drink "Limca Sportz" was launched by the Limca, the brand of the Coca Cola Company. The sports drink is available in lemon and lime flavors. Limcaz Sport is a glucose, electrolyte beverage that sports enthusiasts are using for recovery.

Table of Content - Analysis of Key Points

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 forces model
7. PEST Analysis
8. Segmentation, By Product Type
9. Sports & Energy Drinks Market Segmentation, By Type 
10. Sports & Energy Drinks Market Segmentation, By Distribution Channel
11. Sports & Energy Drinks Market Segmentation, By End-User
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. Conclusion

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This release was published on openPR.