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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
PepsiCo, Inc., headquartered in New York, United States, is one of the leading food, beverages, and snacks corporations. The company is involved in the marketing, manufacturing, and distribution of products offered by various brands including Cheetos, Lays, Cheetos, and Mirinda, among others.
The Coca-Cola Company is one of the leading beverage companies that is the home of some of the leading brands including Del Valle juices, Dasani Waters, Fanta, and Georgia coffee, among others. The company was founded in 1892 and is headquartered in Georgia, United States.
GoodSport Nutrition, LLC, headquartered in Illinois, United States, is a natural sports drink manufacturing company that manufacture sports drinks with thirty three percent less sugar and three times the electrolytes as compared to traditional sports drinks.
Other sports drink market players include BA Sports Nutrition, LLC, AJE Group, BioSteel Sports Nutrition Inc., Suntory Beverage & Food Limited, PacificHealth Labs, and Abbott Laboratories, among others.
Sports Drink Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 25.14 billion in 2023.
The market is projected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 36.72 billion by 2032.
The major market drivers include increasing investments by the key market players towards the development of clean labelled sports drinks and rising availability of sports drinks across various online and offline distribution channels.
The key trends fuelling the growth of the market include rising celebrity endorsements and increasing emphasis on fitness and health.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant distribution channels include online and offline.
The key players in the market are PepsiCo, Inc., The Coca-Cola Company, BA Sports Nutrition, LLC, GoodSport Nutrition, LLC, AJE Group, BioSteel Sports Nutrition Inc., Suntory Beverage & Food Limited, PacificHealth Labs, and Abbott Laboratories, among others.
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