Report Description
North America Sports Drink Market Outlook 2031
The North America Sports Drink Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5.14% during the forecast period, 2023–2031. The growth of the market is attributed to the rising inclination toward sports and physical activities.
Sports drinks are refreshments that contain sugar, salt, protein, nutrients, minerals, carbohydrates, and electrolytes such as sodium and potassium. Sports drinks are favored by athletes.
Athletes consume sports drinks to restore electrolytes, energy level, and water. These drinks are generally utilized during before and during exercise. The key objective of consuming sports drinks is to maintain the dietary substance that is lost during sweat and furthermore to expand the energy digestion in the human body.
During the COVID-19 pandemic, a double impact was noticed on the market. During the peak of the pandemic, the business experienced contracting deals and limiting profit revenues, given the strict inconvenience of checks and lockdowns. Producing units were closed down to contain the spread of the infection. Additionally, individuals become more health-conscious, striving to keep up with actual physical fitness and engaging in sporting and exercise systems, sustaining demand for energy boosting drinks.
North America Sports Drink Market Trends, Drivers, Restraints, and Opportunities
- Rising innovation of new flavors with health benefits is expected to boost the sports drink market.
- Increasing incidence of sports injuries and continuous influx of new products and treatment modalities is expected to boost the sports drink market.
- Growing utilization of sports drink in a wide range of products is positively influencing the demand for sports drinks.
- Expanding awareness regarding the prevention & treatment of sports injuries are estimated to develop the market.
- High cost of sports drink procedures can restrain the growth of the market.
- Growing number of products lunches and new collaborations is estimated to foster the market growth.
Scope of North America Sports Drink Market Report
The report on the North America 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
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Details
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Report Title
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Sports Drink Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Isotonic, Hypertonic, and Hypotonic), Packaging (Bottles (PET), Cans, Glass Bottles, and Others), and Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Drug Store, and Others)
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Geographical Scope
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The US and Canada
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Cloud 9; Extreme Drinks Co.; Red bull.; AJE Group; Arizona Beverage Company; Britvic PLCLiving Essentials; Monster Beverage Co; and PepsiCo.
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North America Sports Drink Market Segment Insights
Hypertonic segment is expected to grow at a rapid pace
Based on types, the market is divided into isotonic, hypertonic, and hypotonic. The hypertonic segment is estimated to account for a significant share of the market owing to the presence of high concentration of salt and sugar, while hypotonic drinks contain the higher concentration of sugar and lower concentration of salt.
Glass bottles segment is projected to expand at a considerable CAGR
In terms of packaging, the sports drink market is divided into bottles (PET), cans, glass bottles, and others. The glass bottles segment is expected to account for a key share of the market due to increasing adoption of environment friendly solutions that can be reused in order to make other products. Food & beverage manufactures are focused on recycling the glass waste and reuse it for other packaging. On the other hand, the cans segment is anticipated to expand at a steady rate in the projected timeline.
Online stores segment is projected to expand at a considerable CAGR
On the basis of distribution channels, the market is classified supermarkets and hypermarkets, convenience stores, online stores, drug store, and others. The online stores segment is projected to expand at a considerable CAGR during the forecast period. Online stores attributes to ease of shopping from a remote location. An online store provides advantages such as automated software up gradations, remote accessibility, easy scalability, disaster recovery, and storage flexibility.
The US to dominate the market
Based on the geography, the market is bifurcated into the US and Canada. The US is estimated to dominate the market during the forecast period due to presence of major industry players and rising health consciousness among the people in the US. Moreover, the increasing participation in the fitness and sports activities is driving the country’s market growth.
Segments
The North America Sports drink market has been segmented on the basis of
Types
- Isotonic
- Hypertonic
- Hypotonic
Packaging
- Bottles (Pet)
- Cans
- Glass Bottles
- Others
By Distribution Channels
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
- Drug Store
- Others
Geography
Key Players
Competitive Landscape
Key players competing in the Sports drink market Cloud 9; Extreme Drinks Co.; Red bull.; AJE Group; Arizona Beverage Company; Britvic PLCLiving Essentials; Monster Beverage Co; and PepsiCo.
Table Of Content
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 Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Sports Drink Market Size and Volume Forecast by Types
5.3.1. Isotonic
5.3.2.
Hypertonic
5.3.3.
Hypotonic
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Sports Drink Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Sports Drink Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Sports Drink Demand Share Forecast, 2019-2026
7. North 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
7.2. North America Sports Drink Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Sports Drink Market Size and Volume Forecast by Types
7.4.1. Isotonic
7.4.2.
Hypertonic
7.4.3.
Hypotonic
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Sports Drink Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
8.2. Latin America Sports Drink Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Sports Drink Market Size and Volume Forecast by Types
8.4.1. Isotonic
8.4.2.
Hypertonic
8.4.3.
Hypotonic
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Sports Drink Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
9.2. Europe Sports Drink Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Sports Drink Market Size and Volume Forecast by Types
9.4.1. Isotonic
9.4.2.
Hypertonic
9.4.3.
Hypotonic
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Sports Drink Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Sports Drink Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Sports Drink Market Size and Volume Forecast by Types
10.4.1. Isotonic
10.4.2.
Hypertonic
10.4.3.
Hypotonic
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Sports Drink Demand Share Forecast, 2019-2026
11. Middle East & Africa Sports Drink Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Sports Drink Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Sports Drink Market Size and Volume Forecast by Types
11.4.1. Isotonic
11.4.2.
Hypertonic
11.4.3.
Hypotonic
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Sports Drink Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sports Drink Market: Market Share Analysis
12.2. Sports Drink Distributors and Customers
12.3. Sports Drink Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Cloud 9
12.4.2.
Red Bull
12.4.3.
AJE Group
12.4.4.
Extreme Drinks Co.
12.4.5.
Arctic Beverage