Global Sports Drink Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
Global Sports Drink Market is anticipated to grow at a significant CAGR during the forecast period. Sports drinks are flavored beverages that contain carbohydrates and electrolytes such as sodium and potassium that provide required hydration to the body after the workouts. The sports drink industry is significantly large in terms of revenue and is dominated by key companies such as PepsiCo, Inc., The Coco-Cola Company, and many more. Additionally, sports drink manufacturers focus on commercializing their drinks with the TV commercial done by famous athletes is also expanding the sports drink popularity among the population. This is expected to drive the sports drink market shares considerably during the forecast period. To learn more about this report request a free @ https://www.omrglobal.com/request-sample/sports-drink-market
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Additionally, the size of the sports drinks market is considerably large in developed economies such as the US. The market growth in these economies is owing to the availability of a wide range of options with various flavors. Each sports drink has a different function and benefits to support the training of athletes. In addition to this, the presence of key market players in the developed economies will also aid in the raising sports drink market. Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/sportsdrink-market Moreover, the consumers across the globe are continuing to become more health-conscious and hence the companies working in the sports drink market are becoming innovative in finding formulations using non-traditional ingredients. As a response to changing consumer needs the sports to drink manufacturers are also manufacturing sports drinks by utilizing natural, plantbased ingredients. In addition to this, various brands are also targeting e-sports for diversifying their portfolio in the sports drink market. E-sports has turned out to be a significant part of sports nowadays by
engaging more and more young population into it. Companies such as eNgage (GG United Holding N.V.) and NAU Drinks are offering cognitive performance drinks to professional gamers. These brain booster drinks for the e-sports are incorporated with ingredients such as lemon balm, sage, and L-theanine, Ginkgo biloba and maca root, and many more. Hence, the growing popularity of e-sports will create a new opportunity for the sports drink market during the forecast period. Global Sports Drink Market- Segmentation By Type
Hypotonic Isotonic Hypertonic
By Distribution Channel
Retail&Supermarket Online Platform
Global Sports Drink Market- Segment by Region North America
US Canada
Europe
Germany UK France Spain Italy Rest of Europe
Asia-Pacific
China Japan India Rest of Asia-Pacific
Rest of the World
Latin America Middle East Africa
Company Profiles
Abbott Laboratories Inc. (Abbott Nutrition) AJE Group Amway Corp. Atlanta Beverage Co BA SPORTS NUTRITION, LLC (Bodyarmor) Britvic PLC Danone SA Decathlon Sports India Pvt Ltd. DEFIANCE ENTERPRISES LLC (DEFY) Fraser and Neave, Ltd. Herbal International of America, Inc. Nuun &Co., Inc. Otsuka Pharmaceutical Co., Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/sports-drink-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404