Global Sports Drinks Market Assessment and Revenue Gains of Key Players Forecasted during 2017-2022

Posted on 2018-07-03 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-Jul-03 — /EPR Network/ — According to the latest report by Fact.MR, the global sports drinks market is expected to reach close to US$ 25,500 million value towards the end of 2022. During the forecast period, 2017-2022, the market is anticipated to witness steady CAGR, owing to the increasing number of consumers shifting away from sodas and carbonated soft drinks. Moreover, key players innovating their product line by introducing new flavors are also attracting more consumers. Following insights show how the global sports drinks market will perform.

4 Forecast Highlights on Global Sports Drinks Market

1. North America is expected to remain dominant in the global sports drinks market. North America sports drinks market is projected to reach nearly US$ 9,700 million value by the end of 2022. Owing to the increasing number of people seeking healthy and active lifestyle, the North America is witnessing steady growth in sports drinks market.

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2. Europe is anticipated to emerge as the second largest market in sports drinks. The region will showcase steady growth during 2017-2022.

3. Isotonic sports drinks will emerge as one of the most-preferred sports drinks, surpassing US$ 11,700 million in revenues by 2022 end. Containing similar concentration of sugar and salt as in human body, while offering natural fluid balance makes Isotonic popular among athletes.

4. Recovery drinks on basis of consumption are gaining traction in the global sports drinks market. Towards the end of 2017, one out of every two sports drinks consumed globally will be a recovery drink.

Modern Trade to Emerge as the Largest Distribution Channel

Among various distribution channels, modern trade is projected to reach nearly US$ 8,700 million value by the end of 2022. Meanwhile, E-Commerce will account for less than one-fourth of revenue share on global revenues towards the end of 2017.

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Recovery Drinks to Gain Maximum Revenue Share

Towards the end of 2017, Recovery Drinks and During Exercise Sports Drinks will collectively account for more than three-fourth of revenue share on global revenues. Compared to During Exercise sports drinks, Recovery sports drinks will witness impressive CAGR.

Isotonic Sports Drinks to Gain Popularity

Isotonic sports drinks will showcase impressive growth between 2017 and 2022. The segment is expected to account more than two-fifth of revenue share on global revenues towards the end of 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global sports drinks market through 2022, which include The Coca-Cola Company, Abbott Laboratories, Monster Beverage Corp, Suntory Beverage & Food Ltd., Red Bull GmbH, Dr Pepper Snapple Group, Inc., GlaxoSmithKline Plc., GNC Holdings Inc., Pepsico Inc., PacificHealth Laboratories, Inc., and Nestlé S.A.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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