Sports Drinks Market to generate revenue worth US$ 25,500 Mn by the End of 2022
With the growing demand for functional and formulated beverages, the market for sports drinks is highly likely to be sought after by athletes and sportspersons. Sports drinks are consumed during and after a sports activity or exercise to maintain hydration levels in the body. As they are rich in carbohydrates and electrolytes such as chloride, potassium, and sodium, sports drinks enable rapid restoration of energy. With the increased concern of the sugar levels in food and beverages, manufacturers are introducing natural sweeteners that are non-glycemic and non-caloric. Increased competition has led manufacturers to introduce different flavors and innovative packaging solutions to gain consumer traction. In addition, aligning consumer preference for clean labels, the market is witnessing new product launches that have clean labels to maintain product transparency between consumers and manufacturers.
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Overview of the Sports Drinks Market
According to the newly published report by Fact.MR, the sports drink market is projected to grow at a steady pace during the forecast period of 2017 – 2022. The report includes past, present, and future influencing factors and trend of the sports drinks market. Valuable market insights, historical data, and industry validated information of the sports drinks market provides the readers with an all-inclusive scenario of the sports drinks market. The report also delivers market demands, segmentation, and investment strategies which can help industry professions in making business decisions.
Stakeholders including manufacturers, retailers, distributors, and marketers can gain important insights from the sports drink report. Along with stakeholders, other reader community including journalists, research analysis, and business analysts can also understand growth and challenges of the sports drink market.
The Sports Drinks Market: Segmentation & Analysis
The Fact.MR’s report on the sports drinks market is divided into sophisticated segments to provide the readers with a seamless market scenario. Staring from the executive summary to competitive analysis, the report includes comprehensive market details divided into specific segments. The report commences with the executive summary that has qualitative as well as quantitative data of the sports drink market in terms of market values and individual segment growth. The segment of market introduction and market definition brief the readers about important drivers and challenges of the sports drinks market.
In the ensuing segment of regional development, discussion on market scenario in different business regions and in-depth country-wise analysis is included. This can help market investors as well as new entrants to explore opportunities in the untapped domestic markets. The market dynamics segment provides in-detailed information about drivers, restraints, future opportunities, important trends and product innovations are included.
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In the concluding segment of the report, a comprehensive list of important market players can be found. Competitive analysis of these market players can be understood from the discussion on notable developments by the key players. The report also delivers information about important business strategies such as merger, acquisition, collaboration, and new product introduction by key players in the sports drinks market.