Sports Drink Market to touch USD 5.92 billion by 2021 | Market Data Forecast

Posted by rohan on April 26th, 2018

The global Sports Drink Market is estimated to be valued at almost six billion dollars, says a new report by Market Data Forecast, Inc. The increasing health consciousness among the people across the globe and growing knowledge about a healthy diet.

Browse full research report with TOC on " Sports Drink Market By Type (Isotonic, Hypotonic, Hypertonic), By Ingredient Types (Aqua/Water, Additives), By Packaging (Bottle, Can), By Distribution Channels (Modern Grocery Retailers, Traditional Grocery Retailers), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)" at: https://marketdataforecast.com/market-reports/sports-drink-market-3719/

The major reason behind the growth of the market is the increased preference towards sports and fitness by the millennial generation. The subsequent necessity of balancing the water levels and electrolytes in the body directly translates to the growth of the market.

The sports drinks are expected to provide high levels of energy to the players in form the calories, which helps the players give their best effort to win, without getting tired. This, coupled with the extensive coverage of sports in digital media, promotes the growth of the Sports Drink market globally.

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The demand for flavoured sports drinks is also increasing across the globe. The rising proportion of athletes and sportsperson in the global population acts as a propellant to the growth of the market worldwide.

North America provides the largest market share to the global market in 2016. The increasing regulations about the nutritional value of the sports drinks enable the manufacturers to provide the maximum nutritional value to the customer. These drinks also act as supplements for vitamins and minerals to the sportspersons.

Market Data Forecast has segmented the global beryllium market on the basis of application and region:

Sports Drink Market By

• Type (Volume, Kilograms; Revenue, USD Thousands; 2016-2021)
• Isotonic, Hypotonic, Hypertonic
• Ingredient Types (Volume, Kilograms; Revenue, USD Thousands; 2016-2021)
• Aqua/Water, Additives
• Packaging (Volume, Kilograms; Revenue, USD Thousands; 2016-2021)
• Bottle, Can
• Distribution Channels (Volume, Kilograms; Revenue, USD Thousands; 2016-2021)
• Modern Grocery Retailers, Traditional Grocery Retailers
• Regional Outlook – (Volume, Kilograms; Revenue, USD Thousands; 2016-2021)
• North America Latin America Europe Asia-Pacific Middle East & Africa

Further Key Findings From the Report Suggest: 

• Asia-Pacific is predicted to have market growth with the highest CAGR across all the other regions owing to the increasing demand for nutrient supplements.
• Increasing demand for flavoured sports drinks propels the growth of the additive segment of the Sports Drink Market.
• In contrast to the North American market, the other regions provide a comparatively untapped and unsaturated markets for the global market to expand into.
• Increase in the number of retail chains of sports drink stores across the world acts as a driver behind the expansion of the scope of the market worldwide.

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