NEW YORK, July 26, 2023 /PRNewswire/ -- The sports and energy drinks market is set to grow by USD 68.29 billion from 2022 to 2027, progressing at a CAGR of 10.16% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by Increased consumption among millennials. Sports sponsorships and endorsements is the major factor notably driving market growth. Sports sponsorships and endorsements offer sports and energy drink brands substantial exposure and visibility. When consumers witness their favorite athletes or sports teams endorsing a specific brand, it instills trust and credibility in the consumers' minds. This association with physical performance, fitness, and overall health can stimulate the demand for these beverages. Sports sponsorships enable brands to target specific demographics effectively, reaching their desired consumer base. By sponsoring sporting events, teams, or individual athletes, brands can tailor their marketing strategies to align with their target audience's interests and preferences. Overall, sports sponsorships and endorsements significantly impact the sports and energy drinks market by enhancing brand visibility, shaping consumer perceptions, and creating aspirational connections with athletes and sports events. These factors are expected to drive the global sports and energy drinks market growth during the forecast period. Here is an Exclusive report about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!
The sports and energy drinks market covers the following areas:
- Sports And Energy Drinks Market Sizing
- Sports And Energy Drinks Market Forecast
- Sports And Energy Drinks Market Analysis
Sports And Energy Drinks Market 2023-2027 - Market Dynamics
Demand for more functional beverages is an emerging trend influencing market growth. An increasing number of consumers are recognizing the importance of consuming functional beverages and are showing a preference for them. The demand for beverages with unique tastes and nutritional benefits has grown, leading to a surge in the popularity of sports and energy drinks in the functional beverages market. Sports drinks are known for their electrolyte content, essential for proper hydration, and their significant carbohydrate levels that provide energy to the body. As athletes and gym-goers engage in intense workouts, they seek beverages that can effectively energize them throughout the day. Additionally, consumers are increasingly interested in natural and exotic ingredients that offer functional properties. For instance, coconut water is gaining importance as an ingredient in sports drinks due to its dual benefits of being rich in carbohydrates and electrolytes. These factors are anticipated to drive the global sports and energy drinks market growth during the forecast period.
The increasing cases of obesity are one of the significant challenges hindering market growth. Sports drinks, containing sugar, electrolytes, and minerals, are designed to refresh the body during physical activities. However, excessive consumption, especially among teenagers, can lead to weight gain and obesity, as these drinks are sweetened with sugar. The American Academy of Pediatrics (APP) conducted a study suggesting that individuals engaging in intense exercise in hot and humid conditions only require a small amount of sports drinks daily. Overconsumption can result in significant health issues, including weight gain and obesity. Moreover, excessive intake of sweetened sports drinks can also lead to dental and oral problems. These factors may potentially limit the market growth during the forecast period.
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Sports And Energy Drinks Market 2023-2027: Market Segmentation
The sports and energy drinks market report extensively covers market segmentation by type (organic and non-organic), product (energy drinks and sports drinks), and geography (APAC, North America, Europe, South America, and the Middle East and Africa).
- The market share growth by the organic segment will be significant during the forecast period. The global demand for organic sports and energy drinks has been on the rise as consumers increasingly prioritize natural and organic products. The organic segment of the sports and energy drinks market has experienced steady growth recently. These drinks are formulated with natural and organic ingredients, such as organic fruit juices, organic sweeteners like honey or agave syrup, and organic plant-based extracts for flavour and functionality. Organic sports and energy drinks are free from artificial additives, preservatives, and synthetic ingredients, making them align with the health and wellness trend in the beverage industry. Consumers perceive organic beverages as healthier choices due to the absence of synthetic pesticides, GMOs, and artificial additives. As a result, individuals seeking wholesome and health-conscious options are driving the growth of the organic segment in the global sports and energy drinks market during the forecast period.
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
Companies Mentioned
- Abbott Laboratories
- Acli Mate
- BioSteel Nordics
- Britvic Plc
- Cargill Inc.
- Decathlon SA
- DyDo Group Holdings Inc.
- Energy Beverages LLC
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Hype Energy
- Keurig Dr Pepper Inc.
- Large Life Ltd.
- Monster Energy Co.
- Otsuka Holdings Co. Ltd.
- PepsiCo Inc.
- Red Bull GmbH
- Shree Jalaram Group
- Suntory Beverage and Food Europe
- The Coca-Cola Co.
- The Jel Sert Co.
Vendors Offerings
- Abbott Laboratories - The company offers sports and energy drinks such as EAS Peak.
- Britvic Plc - The company offers sports and energy drinks under the brand Robinsons.
- BioSteel Nordics - The company offers sports and energy drinks such as Sugar-free sports drinks.
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Sports And Energy Drinks Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.16% |
Market growth 2023-2027 |
USD 68.29 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
9.81 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key countries |
US, China, UK, France, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abbott Laboratories, Acli Mate, BioSteel Nordics, Britvic Plc, Cargill Inc., Decathlon SA, DyDo Group Holdings Inc., Energy Beverages LLC, Gujarat Cooperative Milk Marketing Federation Ltd., Hype Energy, Keurig Dr Pepper Inc., Large Life Ltd., Monster Energy Co., Otsuka Holdings Co. Ltd., PepsiCo Inc., Red Bull GmbH, Shree Jalaram Group, Suntory Beverage and Food Europe, The Coca Cola Co., and The Jel Sert Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global sports and energy drinks market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global sports and energy drinks market 2017 - 2021 ($ billion)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
- 4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Organic - Market size and forecast 2022-2027
- Exhibit 34: Chart on Organic - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Organic - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Organic - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Organic - Year-over-year growth 2022-2027 (%)
- 6.4 Non-organic - Market size and forecast 2022-2027
- Exhibit 38: Chart on Non-organic - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Non-organic - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Non-organic - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Non-organic - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ billion)
- Exhibit 43: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 44: Chart on Product - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 46: Chart on Comparison by Product
- Exhibit 47: Data Table on Comparison by Product
- 7.3 Energy drinks - Market size and forecast 2022-2027
- Exhibit 48: Chart on Energy drinks - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Energy drinks - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Energy drinks - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Energy drinks - Year-over-year growth 2022-2027 (%)
- 7.4 Sport drinks - Market size and forecast 2022-2027
- Exhibit 52: Chart on Sport drinks - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Sport drinks - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Sport drinks - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Sport drinks - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Product
- Exhibit 56: Market opportunity by Product ($ billion)
- Exhibit 57: Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 UK - Market size and forecast 2022-2027
- Exhibit 83: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.11 France - Market size and forecast 2022-2027
- Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.12 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Abbott Laboratories
- Exhibit 111: Abbott Laboratories - Overview
- Exhibit 112: Abbott Laboratories - Business segments
- Exhibit 113: Abbott Laboratories - Key news
- Exhibit 114: Abbott Laboratories - Key offerings
- Exhibit 115: Abbott Laboratories - Segment focus
- 12.4 BioSteel Nordics
- Exhibit 116: BioSteel Nordics - Overview
- Exhibit 117: BioSteel Nordics - Product / Service
- Exhibit 118: BioSteel Nordics - Key offerings
- 12.5 Britvic Plc
- Exhibit 119: Britvic Plc - Overview
- Exhibit 120: Britvic Plc - Business segments
- Exhibit 121: Britvic Plc - Key offerings
- Exhibit 122: Britvic Plc - Segment focus
- 12.6 Cargill Inc.
- Exhibit 123: Cargill Inc. - Overview
- Exhibit 124: Cargill Inc. - Product / Service
- Exhibit 125: Cargill Inc. - Key news
- Exhibit 126: Cargill Inc. - Key offerings
- 12.7 DyDo Group Holdings Inc.
- Exhibit 127: DyDo Group Holdings Inc. - Overview
- Exhibit 128: DyDo Group Holdings Inc. - Business segments
- Exhibit 129: DyDo Group Holdings Inc. - Key offerings
- Exhibit 130: DyDo Group Holdings Inc. - Segment focus
- 12.8 Energy Beverages LLC
- Exhibit 131: Energy Beverages LLC - Overview
- Exhibit 132: Energy Beverages LLC - Product / Service
- Exhibit 133: Energy Beverages LLC - Key offerings
- 12.9 Hype Energy
- Exhibit 134: Hype Energy - Overview
- Exhibit 135: Hype Energy - Product / Service
- Exhibit 136: Hype Energy - Key offerings
- 12.10 Keurig Dr Pepper Inc.
- Exhibit 137: Keurig Dr Pepper Inc. - Overview
- Exhibit 138: Keurig Dr Pepper Inc. - Business segments
- Exhibit 139: Keurig Dr Pepper Inc. - Key news
- Exhibit 140: Keurig Dr Pepper Inc. - Key offerings
- Exhibit 141: Keurig Dr Pepper Inc. - Segment focus
- 12.11 Monster Energy Co.
- Exhibit 142: Monster Energy Co. - Overview
- Exhibit 143: Monster Energy Co. - Product / Service
- Exhibit 144: Monster Energy Co. - Key offerings
- 12.12 PepsiCo Inc.
- Exhibit 145: PepsiCo Inc. - Overview
- Exhibit 146: PepsiCo Inc. - Business segments
- Exhibit 147: PepsiCo Inc. - Key news
- Exhibit 148: PepsiCo Inc. - Key offerings
- Exhibit 149: PepsiCo Inc. - Segment focus
- 12.13 Red Bull GmbH
- Exhibit 150: Red Bull GmbH - Overview
- Exhibit 151: Red Bull GmbH - Product / Service
- Exhibit 152: Red Bull GmbH - Key offerings
- 12.14 Shree Jalaram Group
- Exhibit 153: Shree Jalaram Group - Overview
- Exhibit 154: Shree Jalaram Group - Product / Service
- Exhibit 155: Shree Jalaram Group - Key offerings
- 12.15 Suntory Beverage and Food Europe
- Exhibit 156: Suntory Beverage and Food Europe - Overview
- Exhibit 157: Suntory Beverage and Food Europe - Product / Service
- Exhibit 158: Suntory Beverage and Food Europe - Key offerings
- 12.16 The Coca Cola Co.
- Exhibit 159: The Coca Cola Co. - Overview
- Exhibit 160: The Coca Cola Co. - Business segments
- Exhibit 161: The Coca Cola Co. - Key news
- Exhibit 162: The Coca Cola Co. - Key offerings
- Exhibit 163: The Coca Cola Co. - Segment focus
- 12.17 The Jel Sert Co.
- Exhibit 164: The Jel Sert Co. - Overview
- Exhibit 165: The Jel Sert Co. - Product / Service
- Exhibit 166: The Jel Sert Co. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 167: Inclusions checklist
- Exhibit 168: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 169: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 170: Research methodology
- Exhibit 171: Validation techniques employed for market sizing
- Exhibit 172: Information sources
- 13.5 List of abbreviations
- Exhibit 173: List of abbreviations
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