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GCC Sports Drinks Market Projected to Hit USD 93.12 Million by 2030, Growing at a CAGR of 9.89%

12-26-2024 08:53 AM CET | Food & Beverage

Press release from: MarkNtel Advisors LLP

GCC Sports Drinks Market Projected to Hit USD 93.12 Million

A Quick Overview of GCC Sports Drinks Market

โ€ข Base Year: 2024

โ€ข Historical Years: 2020-2023

โ€ข Forecast Years: 2025-2030

โ€ข Market Growth Rate: 9.89% (2025-2030)

The GCC Sports Drinks Market is witnessing robust growth, projected to escalate from approximately USD 53.11 million in 2024 to an impressive USD 93.12 million by 2030. This forecast represents a Compound Annual Growth Rate (CAGR) of about 9.89% during the period from 2025 to 2030. The sharp rise in market value is primarily driven by the increasing health consciousness among consumers and the growing prevalence of fitness activities across the region.

Scope of the Report

This comprehensive report offers in-depth insights into the GCC Sports Drinks Market, covering crucial aspects such as market drivers, segmentation analysis, competitive landscape, and emerging trends. This report is vital for businesses seeking to expand their footprint in the sports drinks sector or understand market dynamics. The study encompasses historical data from 2020 to 2023, current market conditions, and detailed forecasts up to 2030.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ƒ๐ข๐ฌ๐œ๐ฎ๐ฌ๐ฌ ๐Œ๐จ๐ซ๐ž - https://www.marknteladvisors.com/query/request-sample/gcc-sports-drinks-market.html

Market Dynamics:

Driver-

The GCC region has seen a significant shift towards a health-oriented lifestyle, with an increasing number of individuals engaging in fitness and athletic activities. This trend is amplified by the region's focus on diverse sports events, which are becoming more commonplace due to economic diversification goals. The rising awareness about hydration and electrolyte replenishment after physical exertion has made sports drinks an essential part of many consumers' diets, leading to higher demand. With citizens and expatriates actively seeking solutions for effective hydration in the region's hot climate, sports drinks designed to provide vital nutrients are more popular than ever. Furthermore, the expanding fitness industry, with major global chains investing heavily in gym facilities within the GCC, underlines the bright prospects for sports drinks.

GCC Sports Drinks Market Report Segmentation:

The report by MarkNtel Advisors on GCC Sports Drinks Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

By Product

โ€ข Hypotonic

โ€ข Isotonic

โ€ข Hypertonic

- Notably, isotonic sports drinks account for over 60% of the market share due to their balanced composition of sugars and salts, ideal for quick absorption.

By Form

โ€ข Liquid

โ€ข Powder

By Distribution Channel

โ€ข Offline

โ€ขโ€ข Hypermarkets/Supermarkets

โ€ขโ€ข Specialty Stores

โ€ขโ€ข Convenience Stores

โ€ขโ€ข Others

โ€ข Online

By Packaging

โ€ข Cans

โ€ข Bottles

โ€ข Packets

By Country

โ€ข The UAE

โ€ข Saudi Arabia

โ€ข Qatar

โ€ข Kuwait

โ€ข Oman

โ€ข Bahrain

- Geographically, the UAE dominates the GCC Sports Drinks Market, commanding over 60% of the share. This is due to its populous urban centers, high tourist influx, and strong ties with international beverage brands. Saudi Arabia and Qatar also present significant growth opportunities, driven by their increasing emphasis on health and wellness.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ƒ๐ข๐ฌ๐œ๐ฎ๐ฌ๐ฌ ๐Œ๐จ๐ซ๐ž - https://www.marknteladvisors.com/research-library/gcc-sports-drinks-market.html

Some of the Top GCC Sports Drinks Companies in the Market

In the fast-changing GCC Sports Drinks Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:

โ€ข Cars24 Services Private Limited

โ€ข Maruti Suzuki True Value (Maruti Suzuki India Limited)

โ€ข Mahindra First Choice Wheels Limited

โ€ข Hyundai Motor India

โ€ข Honda Cars India Limited

โ€ข Ford Assured (Ford Motor Company)

โ€ข Toyota U Trust

โ€ข Big Boy Toyz

โ€ข BMW AG

โ€ข Audi Approved Plus

โ€ข CarTrade Tech Limited

โ€ข Droom Technology Pvt Ltd.

โ€ข Others

Frequently Asked Questions

โ€ข What factors are driving the growth of the GCC Sports Drinks Market?

โ€ข Which product segment holds the largest market share in the GCC Sports Drinks Market?

โ€ข How does consumer health consciousness impact sports drink sales in the GCC?

โ€ข What challenges do companies face in the GCC Sports Drinks Market?

โ€ข Who are the leading players within the GCC Sports Drinks Market, and what strategies are they employing?

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address

Other Report:

โ€ข https://www.marknteladvisors.com/research-library/india-sports-drinks-market.html

โ€ข https://www.marknteladvisors.com/research-library/sea-sports-drinks-market.html

โ€ข https://www.marknteladvisors.com/research-library/global-energy-drinks-market.html

For Media Inquiries, Please Contact:

Phone: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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