Fact.MR has recently published a fresh research assessment titled Sports Drink Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022 which present a comprehensive outlook related to the ongoing trends and opportunities set to influence the global Sports Drink market. This report functions to enlighten readers about the expected growth prospects and dynamics which would reforming the target market between 2017 and 2022. According to research findings, the global Sports Drink market is estimated to record growth at 5.3% CAGR during the forecast period until 2022.
This intelligent assessment provides exclusive information associated to potential sales upgradation and demand for Sports Drinkacross prime economies. In addition, readers can access precise data related to section-wise market investigation in terms of Product Type, Consumption Type Distribution Channel, Region.
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5 Forecast Highlights on Global Sports Drink Market
North America is expected to remain dominant in the global sports drink market. North America sports drinks market is projected to reach nearly US$ 9,700 million value by the end of 2022. Owing to the increasing number of people seeking healthy and active lifestyle, the North America is witnessing steady growth in sports drinks market.
Europe is anticipated to emerge as the second largest market in sports drinks. The region will showcase steady growth during 2017-2022.
Isotonic sports drinks will emerge as one of the most-preferred sports drinks, surpassing US$ 11,700 million in revenues by 2022 end. Containing similar concentration of sugar and salt as in human body, while offering natural fluid balance makes Isotonic popular among athletes.
Recovery drinks on basis of consumption are gaining traction in the global sports drinks market. Towards the end of 2017, one out of every two sports drinks consumed globally will be a recovery drink.
Compared to various distribution channels in sports drinks, Modern trade is expected to be the largest, gaining around one-third revenue share by the end of 2017. Meanwhile, E-Commerce is anticipated to account for the lowest revenue share in the global sports drink market.
According to the latest report by Fact.MR, the global sports drink market is expected to reach close to US$ 25,500 million value towards the end of 2022. During the forecast period, 2017-2022, the market is anticipated to witness steady CAGR, owing to the increasing number of consumers shifting away from sodas and carbonated soft drinks. Moreover, key players innovating their product line by introducing new flavors are also attracting more consumers. Following insights show how the global sports drinks market will perform.
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As the report concludes, readers can receive precise data highlighting the competitive landscape active across the global Sports Drink market. This portion clearly details about the contributions provided by leading manufacturers towards the development of the Sports Drink market. Furthermore, insights related to competitive trends are clearly discoursed for benefitting stakeholders and new investors. Some of the chief players mentioned in the report are (Abbott Laboratories, The Coca-Cola Company, Monster Beverage Corp, Red Bull GmbH).