Global Sports Drink Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 8.6% - ResearchAndMarkets.com

DUBLIN--()--The "Global Sports Drink Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global market for sports drink is expected to be 28.05 billion in 2017 and is projected to register a CAGR of 8.6%, during the forecast period.

Sports drinks are gaining popularity amongst the individuals and athletes who are involved in the vigorous physical activity. Millennial generation, drive the sports drink market exponentially due to the keen interest in sports, inclination towards fitness, more buying capacity, and willingness to pay for health products.

The growing inclination of people towards physical fitness, the number of health clubs and fitness centers has come up in the recent past. The fitness centers and health clubs have projected a CAGR of 7.4%. The growth of these establishments is one of the growth drivers for the sports drinks market. It is expected to provide further opportunities to the manufacturers.

Advertising also plays a vital role due to which boys have captured the sports drink market with nearly 45% and girls have about 32% share in the global scenario. However, the inclination of the market towards organic and natural products due to lesser side effects associated with them is hindering the growth of the industry.

The largest share in the global sports drink market was of North America with over 37%, which is followed by Asia-Pacific with over 30%. North America is one of the leading markets due to the increasing trend of athleticism, rising concern for health, and shift in dietary patterns due to changing lifestyles.

Companies Mentioned

  • Abbott Nutrition Co.
  • AJE Group
  • Arctico Beverage Company International Inc.
  • Arizona Beverage Company
  • Britvic PLC
  • Champion Nutrition Inc.
  • Cloud 9
  • Coca-Cola
  • Dangelo
  • Extreme Drinks Co.
  • Fraser & Neave Holdings BHD
  • GlaxoSmithKline Plc
  • Living Essentials
  • Monster Beverage Co.
  • PepsiCo.

Key Topics Covered:

  1. Introduction
  2. Key Findings of the Study
  3. Market Dynamics
  4. Market Overview
  5. Market Segmentation
  6. Competitive Landscape
  7. Company Profiles
  8. Appendix

For more information about this report, visit https://www.researchandmarkets.com/research/5q3m83/global_sports?w=4.

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Sport, Energy and Functional Drinks

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Sport, Energy and Functional Drinks