Press release
Global Sports Drink Market to Reach USD 39.22 Billion by 2030, Driven by a 5.5% CAGR from 2024
Sports Drink Market OverviewThe global sports drink market is growing due to increasing fitness trends, rising spending power, and heightened interest in sports among youth. New flavors with health benefits and shifting lifestyles toward healthier choices are driving this growth. The popularity of fitness centers and the demand for performance-enhancing products are also key factors. Additionally, the inclusion of protein, minerals, and vitamins in sports drinks adds value, catering to athletes and fitness enthusiasts seeking improved hydration, energy, and nutritional balance.
๐ ๐จ๐ซ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.stellarmr.com/report/req_sample/Global-Sports-Drink-Market/1716
Sports Drink Market Dynamics
Growing awareness of fitness, desire for healthier choices, and advancements in natural ingredients and packaging are fueling the global sports drink industry. Nevertheless, it is hindered by health worries regarding excessive sugar levels, rivalry from options such as fruit juices and energy beverages, alterations in regulations, economic instability, and increasing consumer favor towards environmentally sustainable items.
Sports Drink Market Regional Insights
In 2023, North America held a 38.47% share of the sports and energy drinks market, driven by rising health consciousness and active lifestyles. The U.S. leads due to busy lifestyles, health trends, and consumer knowledge. Millennials' taste preferences and innovation in flavors are boosting demand, with significant market growth expected from ongoing health and wellness trends.
Sports Drink Market Scope:
Market Size in 2023: USD 26.96 Bn.
Market Size in 2030: USD 39.22 Bn.
CAGR: 5.5% (2024-2030)
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 248
Number of Tables: 43
Number of Charts and Figures: 40
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐ ๐จ๐ซ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.stellarmr.com/report/req_sample/Global-Sports-Drink-Market/1716
Sports Drink Market Segments
By Application
Athletes
Casual Consumers
By Packaging Type
PET Bottles
Cans
By Distribution Channel
Online
Offline
Sports Drink Market Key Players
PepsiCo
Coco Cola
Monster Energy
Red Bull GmbH
Lucozade
Taisho Pharmaceutical Co Ltd
Amway
Arizona Beverages
Vending Market Watch
Xyience Energy
Abbott Nutrition Inc
Gatorade
Powerade
BodyArmor
FRS International
Britvic plc
GURU Energy
Organico
Suntory
AJE Group
Cellucor
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐ซ๐๐ ๐๐ซ๐๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฐ๐๐๐ฉ๐๐ ๐:https://www.stellarmr.com/report/Global-Sports-Drink-Market/1716
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Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provides numerous services i.e. consultancy, Market Intelligence, Syndicate Research, etc. to help executives in any organization and consumers achieve their mission-critical goals.
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