The United Arab Emirates Sports Drinks Market: Growth and Trend with Forecast
Posted by Masud Khan on January 24th, 2020
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Sports Drinks in the United Arab Emirates” under Beverages category. The Sports Drinks Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Sports Drinks Market in United Arab Emirates report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2014-2018), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2023 illustrate how the market is set to change.
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Over 2017-2018, excise tax of 100% and VAT of 5% were levied on sports drinks in the United Arab Emirates. The resultant price hikes caused off-trade volume sales to decline sharply, and the downward trend continued in 2019. Off-trade current value sales also declined, albeit at a slightly slower pace. Demand for sports drinks was further undermined by rising health-consciousness, which led more consumers to favour soft drinks that are lower in sugar and artificial additives or perceived as supe…
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About the AuthorMasud Khan
Joined: October 15th, 2019
Articles Posted: 190
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