A recent report published by Infinium Global Research on sports drink market provides in-depth analysis of segments and sub-segments in the global as well as regional sports drink market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional sports drink market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global sports drink market. According to the report, the global sports drink market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Sports drink contains protein, minerals, vitamin, and electrolytes like sodium and potassium which needs replenishment when the body loses water and electrolytes after a heavy workout or sports activity. Sports drinks are usually available and mostly used by athletes, sports people as they consume sports drink to restore electrolytes, energy levels and, water and mostly used before and during exercise. The demand for sports drink is largely increasing North America, Western Europe, and Asia-Pacific countries. The global market for the sports drink market is expected to grow at a successive rate in the upcoming years.
The increasing interest of people towards physical fitness and an increasing number of health clubs and fitness centers are the major factors driving the growth of the sports drink market across the globe. Also, growing health awareness including the importance of hydration in the human body also drivers the global sports drink market. Furthermore, changing lifestyle is another key factor that encourages people to adopt healthy drink habits that in turn is helping in the growth of the market. However, excessive intake of sports drink leading to the possibility of teeth erosion may have a significant impact in restraining the market growth. Moreover, growing health awareness among consumers is boosting the demand for natural and sugar-free sports drinks that in turn creates an opportunity for the growth of the market in the upcoming years.
Geographically, the global sports drink market has been segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. Among all, North America is leading the global sports drink market. This is attributed to the growing trend of athleticism, rising concern for health, and change in dietary patterns due to changing lifestyles. Moreover, countries like the US and other countries in Europe are the key markets for sports drinks products owing to high disposable incomes. Furthermore, Asia-Pacific is expected to witness beneficial growth in the global sports drink market. Also, it is estimated to grow at a faster rate higher number of young population, health awareness, and increasing disposable income.
The report on global sports drink market covers segments such as type, flavors, and distribution channel. On the basis of type, the sub-markets include hypotonic, and hypertonic. On the basis of flavors, the sub-markets include lemon, mixed berries, grape, fruit punch, mixed fruits, and other flavors. On the basis of the distribution channel, the sub-markets include modern retail formats, departmental stores, and online retail channel of distribution.
The report provides profiles of the companies in the market such as Medtronic plc. Natus Medical Inc., CAS Medical Systems, Inc., Electrical Geodesics Incorporated, Nihon Kohden Corporation, Covidien PLC, Elekta AB, Cadwell Laboratories Inc., Compumedics Ltd., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of sports drink market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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