Sports Drink Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Sports Drink Market
The sports drink market size was valued at USD 26.24 billion in 2020, and the market is now projected to grow from USD 27.22 billion in 2021 to USD 36.35 billion by 2028, exhibiting a CAGR of 4.2% during the forecast period of 2021-2028.
The occurrence of COVID-19 has led to hiking the consumption of the product, which is majorly contributed by the growing number of individuals working out from their households. Additionally, the steady lift of restriction and lockdowns in several nations all over the world would help in growing outdoor doings involvement, which would further support to worsen the demand for sports drinks.
The rising preference of the millennial population towards physical and fitness-related events, growing purchasing power, and inclination to pay for improved replacements are some of the key factors accelerating the demand for sports drinks. Healthy drink delivers numerous benefits, such as diminishing the hazard of dehydration and electrolytes in an athletic beverage, interchanges sweat, and upholds the stability of electrolytes in the body. Consequently, growing awareness about the health aids presented by the product among customers is expected to boost the sports drink market growth.
Producers are increasingly incorporating natural elements as they are health-friendlier associated to regular sports drinks, which turns as an prospect for market progression. The growing health conscious-population in developing and under-developed countries will enhance the sports drink market developments.
Comprehensive Analysis of Sports Drink Market
The market can be segmented in various ways, depending on the focus of analysis such as by type, by brands and by packaging type. Based on type, the market is classified into isotonic, hypotonic, hypertonic. Based on brands, the market is divided into gatorade, powerade, Others. Based on packaging type, the market is classified into metal, PET/Plastic, glass.
Asia Pacific region is dominating the sports drink market share due to growing sports performer population and growing trend of several fitness happenings.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include PepsiCo, Inc (New York, United States), The Coca-Cola Company (Georgia, United States), BA Sports Nutrition (Whitestone, New York), AJE group (Lima, Peru), Britvic PLC. (Hertfordshire, United Kingdom), MyDrink Beverages (Minnesota, USA), Kraft Heinz Company (Illinois, United States), Nestle SA (Vevey, Switzerland), GlaxoSmithKline plc. (Brentford, United Kingdom), Abbott Nutrition co (Illinois, United States) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In June 2019, Coca-Cola declared the introduction of its Powerade sports beverage in India to develop its portfolio and deal a number of choices to customers in India.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Billion)
Segmentation
By Type
Isotonic
Hypotonic
Hypertonic
By Brands
Gatorade
Powerade
Others
By Packaging Type
Metal
PET/Plastic
Glass
By Distribution Channel
Offline Channel
Online Channels
North America (By Type, Brands, Packaging Type, Distribution Channel and by Country)
U.S. (By Type)
Canada (By Type)
Mexico (By Type)
Europe (By Type, Brands, Packaging Type, Distribution Channel and by Country)
Germany (By Type)
France (By Type)
Italy (By Type)
Spain (By Type)
The U.K. (By Type)
Rest of Europe (By Type)
Asia Pacific (By Type, Brands, Packaging Type, Distribution Channel and by Country)
China (By Type)
India (By Type)
Japan (By Type)
Australia (By Type)
Rest of Asia Pacific (By Type)
South America (By Type, Brands, Packaging Type, Distribution Channel and by Country)
Brazil (By Type)
Argentina (By Type)
Rest of South America (By Type)
The Middle East and Africa (By Type, Brands, Packaging Type, Distribution Channel and by Country)
South Africa (By Type)
UAE (By Type)
Rest of the Middle East and Africa (By Type)Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview of the Parent/Related Markets
- 4.2. Industry SWOT Analysis
- 4.3. Supply Chain and Regulatory Analysis
- 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 4.5. Impact of COVID-19 on the Sports Drink Market
- 5. Global Sports Drink Market Analysis, Insights, and Forecast, 2017-2028
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type (Value)
- 5.2.1.1. Isotonic
- 5.2.1.2. Hypotonic
- 5.2.1.3. Hypertonic
- 5.2.2. By Brands (Value)
- 5.2.2.1. Gatorade
- 5.2.2.2. Powerade
- 5.2.2.3. Others
- 5.2.3. By Packaging Type (Value)
- 5.2.3.1. Metal
- 5.2.3.2. PET/Plastic
- 5.2.3.3. Glass
- 5.2.4. By Distribution Channel (Value)
- 5.2.4.1. Offline Channel
- 5.2.4.2. Online Channel
- 5.2.5. By Region (Value)
- 5.2.5.1. North America
- 5.2.5.2. Europe
- 5.2.5.3. Asia Pacific
- 5.2.5.4. South America
- 5.2.5.5. Middle East & Africa
- 6. North America Sports Drink Market Analysis, Insights and Forecast, 2017-2028
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type (Value)
- 6.2.1.1. Isotonic
- 6.2.1.2. Hypotonic
- 6.2.1.3. Hypertonic
- 6.2.2. By Brands (Value)
- 6.2.2.1. Gatorade
- 6.2.2.2. Powerade
- 6.2.2.3. Others
- 6.2.3. By Packaging Type (Value)
- 6.2.3.1. Metal
- 6.2.3.2. PET/Plastic
- 6.2.3.3. Glass
- 6.2.4. By Distribution Channel (Value)
- 6.2.4.1. Offline Channel
- 6.2.4.2. Online Channel
- 6.2.5. By Country (Value)
- 6.2.5.1. U.S
- 6.2.5.2. Canada
- 6.2.5.3. Mexico
- 7. Europe Sports Drink Market Analysis, Insights and Forecast, 2017-2028
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type (Value)
- 7.2.1.1. Isotonic
- 7.2.1.2. Hypotonic
- 7.2.1.3. Hypertonic
- 7.2.2. By Brands (Value)
- 7.2.2.1. Gatorade
- 7.2.2.2. Powerade
- 7.2.2.3. Others
- 7.2.3. By Packaging Type (Value)
- 7.2.3.1. Metal
- 7.2.3.2. PET/Plastic
- 7.2.3.3. Glass
- 7.2.4. By Distribution Channel (Value)
- 7.2.4.1. Offline Channel
- 7.2.4.2. Online Channel
- 7.2.5. By Country (Value)
- 7.2.5.1. U.K.
- 7.2.5.2. France
- 7.2.5.3. Italy
- 7.2.5.4. Spain
- 7.2.5.5. Germany
- 7.2.5.6. Rest of Europe
- 8. Asia-Pacific Sports Drink Market Analysis, Insights and Forecast, 2017-2028
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type (Value)
- 8.2.1.1. Isotonic
- 8.2.1.2. Hypotonic
- 8.2.1.3. Hypertonic
- 8.2.2. By Brands (Value)
- 8.2.2.1. Gatorade
- 8.2.2.2. Powerade
- 8.2.2.3. Others
- 8.2.3. By Packaging Type (Value)
- 8.2.3.1. Metal
- 8.2.3.2. PET/Plastic
- 8.2.3.3. Glass
- 8.2.4. By Distribution Channel (Value)
- 8.2.4.1. Offline Channel
- 8.2.4.2. Online Channel
- 8.2.5. By Country (Value)
- 8.2.5.1. China
- 8.2.5.2. India
- 8.2.5.3. Japan
- 8.2.5.4. Australia
- 8.2.5.5. Rest of Asia-Pacific
- 9. South America Sports Drink Market Analysis, Insights and Forecast, 2017-2028
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type (Value)
- 9.2.1.1. Isotonic
- 9.2.1.2. Hypotonic
- 9.2.1.3. Hypertonic
- 9.2.2. By Brands (Value)
- 9.2.2.1. Gatorade
- 9.2.2.2. Powerade
- 9.2.2.3. Others
- 9.2.3. By Packaging Type (Value)
- 9.2.3.1. Metal
- 9.2.3.2. PET/Plastic
- 9.2.3.3. Glass
- 9.2.4. By Distribution Channel (Value)
- 9.2.4.1. Offline Channel
- 9.2.4.2. Online Channel
- 9.2.5. By Country (Value)
- 9.2.5.1. Brazil
- 9.2.5.2. Argentina
- 9.2.5.3. Rest of South America
- 10. Middle East & Africa Sports Drink Market Analysis, Insights and Forecast, 2017-2028
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type (Value)
- 10.2.1.1. Isotonic
- 10.2.1.2. Hypotonic
- 10.2.1.3. Hypertonic
- 10.2.2. By Brands (Value)
- 10.2.2.1. Gatorade
- 10.2.2.2. Powerade
- 10.2.2.3. Others
- 10.2.3. By Packaging Type (Value)
- 10.2.3.1. Metal
- 10.2.3.2. PET/Plastic
- 10.2.3.3. Glass
- 10.2.4. By Distribution Channel (Value)
- 10.2.4.1. Offline Channel
- 10.2.4.2. Online Channel
- 10.2.5. By Country (Value)
- 10.2.5.1. South Africa
- 10.2.5.2. UAE
- 10.2.5.3. Rest of Middle East & Africa
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Sports Drink Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2020
- 12. Company Profiles
- 12.1. PepsiCo, Inc (New York, United States)
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. The Coca-Cola Company (Georgia, United States)
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. BA Sports Nutrition (Whitestone, New York)
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. AJE group (Lima, Peru)
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Britvic PLC. (Hertfordshire, United Kingdom)
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. MyDrink Beverages (Minnesota, USA)
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Kraft Heinz Company (Illinois, United States)
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Nestle SA (Vevey, Switzerland)
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. GlaxoSmithKline plc.(Brentford, United Kingdom)
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Abbott Nutrition co (Illinois, United States)
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Appendix
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