Sports drinks is expected to see off-trade volumes increase in Thailand in 2024. The implementation of the sugar tax, with phase four coming in 2025 and adding a THB2 tax on beverages containing 8-14% sugar, has significantly impacted the sports drinks category by increasing prices for high-sugar products. As the tax specifically targets sugary drinks, sports drinks producers have been forced to raise their prices to cover the additional costs. This price increase has contributed to a decline in...
Euromonitor International's Sports Drinks in Thailand report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Sports Drinks market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Sports Drinks in Thailand
Euromonitor International
November 2024
List Of Contents And Tables
SPORTS DRINKS IN THAILAND
KEY DATA FINDINGS
2024 DEVELOPMENTS
Sugar tax drives shift to reduced sugar sports drinks as prices rise
Sports drinks category stagnates in terms of innovation creating room for innovation
Rising prices in sports drinks create opportunity for affordable, high-quality alternatives
PROSPECTS AND OPPORTUNITIES
Yanhee launches no sugar sports drink to challenge Sponsor's market dominance
Sponsor shifts focus to global markets, opening opportunities for Thai competitors
Gatorade's entry into reduced sugar products marks key opening move for global brand
CATEGORY DATA
Table 1 Off-trade Sales of Sports Drinks: Volume 2019-2024
Table 2 Off-trade Sales of Sports Drinks: Value 2019-2024