China Sports Drink market cover

China Sports Drink Market by Packaging (PET Bottles and Cans), Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other Channels), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: CG-1756
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 193
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The China sports drink market size is projected to expand at a CAGR of 4.7% during the forecast period, 2021-2028. The growth of the market is attributed to rising adoption of creative marketing strategies in the country. Moreover, increasing health consciousness is spurring the market growth.

Rising adoption of sports drinks among people is due to the increase in the awareness about the importance of pre-workout and post-workout supplements. Consumers in the country are increasing their inclination toward fitness activities, driving the sales of supplements.

China Sports Drink market summary

Increasing number of ready-to-drink products with recognizable ingredients and advanced formulation is driving the growth of the market. Beverages are no longer viewed solely as a quick refreshment across the globe. They have evolved into more convenient nutrient and food supplement products. Rising trend of products that are rich in protein and naturally derived are propelling the consumer segment growth. Millennials are seeking to try new products with wellness benefits. According to statistics, the retail value of canned energy drinks in China increased from 9 Billion yuan (USD 1.39 Billion) in 2009 to 87.5 Billion yuan (USD 13.51 Billion) in 2019. China has acquired prominent share in the energy drink market. Sales increased by 15% year-on-year in 2019 to 64.5 billion yuan (USD 9.96 Billion).

Market Trends, Drivers, Restraints, and Opportunities

  • Easy access and availability and rising disposable income are expected to proliferate the market growth.
  • The COVID-19 pandemic has hindered the market growth owing to the closedown of fitness clubs across the globe. Moreover, the Delta variant of the virus can disrupt the market growth.
  • Rising demand for healthy drinks may provide market players with lucrative opportunities in the projected timeline.

Scope of the Report

The report on China sports drink market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

 
Attributes Details
Report Title China Sports Drink Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year 2021
Historic Data 2019–2020
Forecast Period 2021–2028
Segmentation Packaging (PET Bottles and Cans) and Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other Channels)
Geographical Zone China
Report Coverage Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report AJE Group, PepSico Inc, The Coca-Cola Company, Lucozade, DANONE, Staminade

China Sport Drink Market Segment Insights:

Cans segment to account a significant market share

Based on packaging, the market is segregated into PET bottles and cans. Sport drinks are available in both canned and bottled, are now widely available in China, from supermarkets and hypermarkets to convenience stores, grocery stores, bars, nightclubs, and online. They have seen a surge in popularity among its primary consumers, including gym goers, athletes, the working class, and school students who prefer a boosting beverage to recover energy and stay awake. China's beverage market remains fertile, with its energy drink segment and vast market attracting many businesses.

China Sports Drink market packaging

Convenience stores segment to hold a major market share

On the basis of distribution channels, the China sport drink market is divided into supermarkets/hypermarkets, convenience stores, online retail stores, and other channels. The convenience stores segment is anticipated to account for a large market share owing to easy availability.

China Sports Drink market distribution channels

Segments

Segments Covered in the Report

The China sports drink market is segmented on the basis of

Packaging

  • PET Bottles
  • Cans

Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail Stores
  • Other Channels

Country

  • China

Key Players

  • AJE Group
  • PepsiCo Inc
  • The Coca-Cola Company
  • Lucozade
  • DANONE
  • Staminade

Competitive Landscape

The major players in China sports drink market include AJE Group, PepsiCo Inc, The Coca-Cola Company, Lucozade, DANONE, Staminade.

Companies are engaging in mergers, acquisitions and partnerships to expand their market share. Companies have been introducing innovative products that include naturally derived ingredients and additives to differentiate their products from the competition. Glaceau Vitamin Water is a China-based brand in the functional drinks market. This brand is manufactured by the multinational Coca-Cola Company, a prominent beverage manufacturer. Unlike other energy drinks, which typically contain caffeine in combination with other energy-enhancing ingredients such as taurine, herbal extracts, and B vitamins, as well as calories, Glaceau Vitamin Water is made up of natural ingredients while preserving their nutritional values and eliminating artificial flavors and preservatives, giving it a wider appeal to current and potential consumers. However, it is dominated by Red Bull, the leading international player. As a result, competition is fierce.

China Sports Drink market keyplayers

Red Bull remains unquestionably the market leader in China. In the country, Red Bull, which is not carbonated, has a significant market share of around 80%. Eastroc Super Drink accounts for 10% market share, while Dali's Hi-Tiger and Wahaha's Qili accounts for remaining market share. Monster Beverages has also expanded into the China. According to Reuters, Coca-Cola Co purchased a 17% stake in Monster Beverage Corp, which is also looking to expand into the beverage industry.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports Drink Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Sports Drink Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Sports Drink Market - Supply Chain
  4.5. Global Sports Drink Market Forecast
     4.5.1. Sports Drink Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Sports Drink Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Sports Drink Market Absolute $ Opportunity
5. Global Sports Drink Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Sports Drink Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Sports Drink Demand Share Forecast, 2019-2026
6. North America Sports Drink Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Sports Drink Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Sports Drink Demand Share Forecast, 2019-2026
7. Latin America Sports Drink Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Sports Drink Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Sports Drink Demand Share Forecast, 2019-2026
8. Europe Sports Drink Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Sports Drink Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Sports Drink Demand Share Forecast, 2019-2026
9. Asia Pacific Sports Drink Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Sports Drink Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Sports Drink Demand Share Forecast, 2019-2026
10. Middle East & Africa Sports Drink Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Sports Drink Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Sports Drink Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Sports Drink Market: Market Share Analysis
  11.2. Sports Drink Distributors and Customers
  11.3. Sports Drink Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. AJE Group
     11.4.2. PepsiCo Inc
     11.4.3. The Coca-Cola Company
     11.4.4. Lucozade
     11.4.5. DANONE
     11.4.6. Staminade

Segments Covered in the Report

The China sports drink market is segmented on the basis of

Packaging

  • PET Bottles
  • Cans

Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail Stores
  • Other Channels

Country

  • China

Key Players

  • AJE Group
  • PepsiCo Inc
  • The Coca-Cola Company
  • Lucozade
  • DANONE
  • Staminade

The major players in China sports drink market include AJE Group, PepsiCo Inc, The Coca-Cola Company, Lucozade, DANONE, Staminade.

Companies are engaging in mergers, acquisitions and partnerships to expand their market share. Companies have been introducing innovative products that include naturally derived ingredients and additives to differentiate their products from the competition. Glaceau Vitamin Water is a China-based brand in the functional drinks market. This brand is manufactured by the multinational Coca-Cola Company, a prominent beverage manufacturer. Unlike other energy drinks, which typically contain caffeine in combination with other energy-enhancing ingredients such as taurine, herbal extracts, and B vitamins, as well as calories, Glaceau Vitamin Water is made up of natural ingredients while preserving their nutritional values and eliminating artificial flavors and preservatives, giving it a wider appeal to current and potential consumers. However, it is dominated by Red Bull, the leading international player. As a result, competition is fierce.

China Sports Drink market keyplayers

Red Bull remains unquestionably the market leader in China. In the country, Red Bull, which is not carbonated, has a significant market share of around 80%. Eastroc Super Drink accounts for 10% market share, while Dali's Hi-Tiger and Wahaha's Qili accounts for remaining market share. Monster Beverages has also expanded into the China. According to Reuters, Coca-Cola Co purchased a 17% stake in Monster Beverage Corp, which is also looking to expand into the beverage industry.

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