Leading Sports Drink Product Markets Databank
The Sports Drink market was valued at $22,460.0 Million in 2020, and is projected to reach $52,364.7 Million by 2029 growing at a CAGR of 9.92% from 2021 to 2029. Isotonic segment is expected to be the highest contributor to this market, with $11,488.3 Million in 2020, and is anticipated to reach $26,600.3 Million by 2029, registering a CAGR of 9.83%. Hypotonic segment is anticipated to reach $10,975.2 Million by 2029 with the highest CAGR of 10.03%. Isotonic and Hypertonic segments collectively expected to account for about 79.2% share of the Sports Drink market in 2020, with the former constituting around 51.2% share. Hypotonic and Hypertonic segments are expected to witness significant growth rates at a CAGR of 10.03% and 9.99% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 48.8% in the overall Sports Drink market in 2020, and is anticipated to reach 49.2% by 2029.
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