NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The sports drink market size is expected to increase by USD 11.97 billion from 2020 to 2025, progressing at a CAGR of over 6% during the forecast period, according to Technavio.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AJE, BA SPORTS NUTRITION LLC, BioSteel Nordics, Britvic Plc, Decathlon SA, Jel Sert, Olvi Plc, PepsiCo Inc., and The Kraft Heinz Co. are some of the major market participants. Although new product launches and increasing consumption by millennials will offer immense growth opportunities, the threat from other health and wellness products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Sports Drink Market 2021-2025: Segmentation
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Sports Drink Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our sports drink market report covers the following areas:
This study identifies expanding community of athletics in both developed and developing countries as one of the prime reasons driving the sports drink market growth during the next few years.
Sports Drink Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Sports Drink Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research report on the Sports Drink Market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Sports Drink Market 2021-2025: Key Highlights
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Sports Drink Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 6% |
Market growth 2021-2025 |
USD 11.97 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.80 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 37% |
Key consumer countries |
US, China, UK, India, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AJE, BA SPORTS NUTRITION LLC, BioSteel Nordics, Britvic Plc, Decathlon SA, Jel Sert, Olvi Plc, PepsiCo Inc., and The Kraft Heinz Co. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact 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. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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SOURCE Technavio
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