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Global Sports Beverages Market to reach USD XX billion by the end of 2029.

Global Sports Beverages Market Size study & Forecast, by Flavor (Lemon, Orange, Mixed Fruits), by Packaging Type (Bottles & Tetra Packs, Cans, and Aseptic Cartons), by Nature (Organic and Conventional), by Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Specialty Stores, and Online Sales Channel) and Regional Analysis, 2022-2029

Product Code: OIRFB-29302764
Publish Date: 17-04-2023
Page: 200

Global Sports Beverages Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Sports Beverages also known as electrolyte drinks are specially formulated for consumption by sports persons. Sports beverages are categorized into three types-hypertonic, hypotonic, and isotonic. These drinks are specially designed to stimulate fluid absorption, which supplies carbohydrate and speed up the rehydration process. Moreover, these beverages help the body recover after excessive workouts and training sessions. The increasing popularity of various fitness activities and growing adoption of functional beverages are key factors driving the market growth.

The rising popularity of various fitness activities is contributing towards the growth of the Global Sports Beverages Market. For instance – as per International Yoga Federation – as of 2021, around 300 million people practice yoga globally. Additionally, approximately 36 million people practice yoga in the U.S. alone. Furthermore, the increasing demand for functional beverages is another factor driving the market growth. For instance, as per Statista – in 2021 the global functional foods and beverage market was valued at USD 281.14 billion, and the market is predicted to grow at a compound annual growth rate of about 9.5 percent between 2021 and 2028 to reach USD 500 billion by 2028. Also, rising consumption of RTD packaged beverages and increasing adoption of online distribution channels would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Sports Beverages stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Sports Beverages Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising popularity of sports activities as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising popularity of yoga and aerobic activities and increasing penetration of online distribution channels in the region.

Major market players included in this report are:
Fraser and Neave Limited
Lucozade Ribena Suntory Limited
The Coca-Cola Company
BA Sports Nutrition, LLC
Britvic Plc
Otsuka Pharmaceutical Co., Ltd
Abbott Nutrition Co.
Monster Beverage Company

Recent Developments in the Market:
Ø In August 2022, Coca-Cola’s India portfolio, forays into the hydrating sports drinks category with the launch of Limca Sportz. The company positioned Limca Sportz as a glucose and electrolyte-based beverage to address the rehydration needs of fitness-conscious customers.

Global Sports Beverages Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Flavour, Packaging Type, Nature, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Flavor
Mixed Fruits

By Packaging Type
Bottles & Tetra Packs
Aseptic Cartons

By Nature

By Distribution Channel
Convenience Stores
Specialty Stores
Online Sales Channel

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Sports Beverages Market, by Region, 2019-2029 (USD Billion)
1.2.2. Sports Beverages Market, by Flavor, 2019-2029 (USD Billion)
1.2.3. Sports Beverages Market, by Packaging Type, 2019-2029 (USD Billion)
1.2.4. Sports Beverages Market, by Nature, 2019-2029 (USD Billion)
1.2.5. Sports Beverages Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Sports Beverages Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Sports Beverages Market Dynamics
3.1. Sports Beverages Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing popularity of various fitness activities Growing adoption of functional beverages
3.1.2. Market Challenges High Cost associated with Sports Beverages
3.1.3. Market Opportunities Rising consumption of RTD packaged beverages Increasing adoption of online distribution channels
Chapter 4. Global Sports Beverages Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Sports Beverages Market, by Flavor
6.1. Market Snapshot
6.2. Global Sports Beverages Market by Flavor, Performance – Potential Analysis
6.3. Global Sports Beverages Market Estimates & Forecasts by Flavor 2019-2029 (USD Billion)
6.4. Sports Beverages Market, Sub Segment Analysis
6.4.1. Lemon
6.4.2. Orange
6.4.3. Mixed Fruits
Chapter 7. Global Sports Beverages Market, by Packaging Type
7.1. Market Snapshot
7.2. Global Sports Beverages Market by Packaging Type, Performance – Potential Analysis
7.3. Global Sports Beverages Market Estimates & Forecasts by Packaging Type 2019-2029 (USD Billion)
7.4. Sports Beverages Market, Sub Segment Analysis
7.4.1. Bottles & Tetra Packs
7.4.2. Cans
7.4.3. Aseptic Cartons
Chapter 8. Global Sports Beverages Market, by Nature
8.1. Market Snapshot
8.2. Global Sports Beverages Market by Nature, Performance – Potential Analysis
8.3. Global Sports Beverages Market Estimates & Forecasts by Nature 2019-2029 (USD Billion)
8.4. Sports Beverages Market, Sub Segment Analysis
8.4.1. Organic
8.4.2. Conventional
Chapter 9. Global Sports Beverages Market, by Distribution Channel
9.1. Market Snapshot
9.2. Global Sports Beverages Market by Distribution Channel, Performance – Potential Analysis
9.3. Global Sports Beverages Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
9.4. Sports Beverages Market, Sub Segment Analysis
9.4.1. Hypermarket/Supermarket
9.4.2. Convenience Stores
9.4.3. Specialty Stores
9.4.4. Online Sales Channel
Chapter 10. Global Sports Beverages Market, Regional Analysis
10.1. Sports Beverages Market, Regional Market Snapshot
10.2. North America Sports Beverages Market
10.2.1. U.S. Sports Beverages Market Flavor breakdown estimates & forecasts, 2019-2029 Packaging Type breakdown estimates & forecasts, 2019-2029 Nature breakdown estimates & forecasts, 2019-2029 Distribution Channel breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Sports Beverages Market
10.3. Europe Sports Beverages Market Snapshot
10.3.1. U.K. Sports Beverages Market
10.3.2. Germany Sports Beverages Market
10.3.3. France Sports Beverages Market
10.3.4. Spain Sports Beverages Market
10.3.5. Italy Sports Beverages Market
10.3.6. Rest of Europe Sports Beverages Market
10.4. Asia-Pacific Sports Beverages Market Snapshot
10.4.1. China Sports Beverages Market
10.4.2. India Sports Beverages Market
10.4.3. Japan Sports Beverages Market
10.4.4. Australia Sports Beverages Market
10.4.5. South Korea Sports Beverages Market
10.4.6. Rest of Asia Pacific Sports Beverages Market
10.5. Latin America Sports Beverages Market Snapshot
10.5.1. Brazil Sports Beverages Market
10.5.2. Mexico Sports Beverages Market
10.5.3. Rest of Latin America Sports Beverages Market
10.6. Rest of The World Sports Beverages Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Fraser and Neave Limited Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Lucozade Ribena Suntory Limited
11.2.3. PepsiCo.
11.2.4. The Coca-Cola Company
11.2.5. BA Sports Nutrition, LLC
11.2.6. Britvic Plc
11.2.7. Otsuka Pharmaceutical Co., Ltd
11.2.8. Abbott Nutrition Co.
11.2.9. OSHEE
11.2.10. Monster Beverage Company
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
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To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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