Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 42.23 Billion | USD 98.16 Billion | 8.80% | 2024 |
FrequentlyAsked Questions
Sports drinks are designed to help athletes and active people rehydrate, replenish electrolytes, and provide carbohydrates for energy during and after exercise.
The sports drink market is expected to be driven by increasing health and fitness consciousness, product innovations focusing on natural ingredients and reduced sugar content, growing participation in athletic activities across demographics, expansion of distribution channels, and strategic marketing partnerships with sports leagues and fitness influencers.
According to our study, the global sports drink market was worth around USD 42.23 billion in 2024 and is predicted to grow to around USD 98.16 billion by 2034.
The CAGR value of the sports drink market is expected to be around 8.80% during 2025-2034.
The global sports drink market will register the highest value in North America during the forecast period.
Key players in the sports drink market include PepsiCo, Inc. (Gatorade), The Coca-Cola Company (Powerade), Keurig Dr Pepper Inc. (BodyArmor), Monster Beverage Corporation, Red Bull GmbH, BA Sports Nutrition (BodyArmor), Abbott Nutrition, GlaxoSmithKline Plc, Nestlé S.A., Otsuka Pharmaceutical Co., Ltd., Suntory Holdings Limited, Lucozade Ribena Suntory Ltd., Pacific Health Laboratories, Inc., PacificHealth Laboratories, Inc., Britvic PLC, J Donohoe Beverages Ltd. (Lucozade Sport), Herbalife Nutrition Ltd., Arizona Beverages USA, and SCIFIT.
The report comprehensively analyzes the sports drink market, including a detailed examination of market drivers, restraints, emerging trends, regional dynamics, and future growth opportunities. It also examines competitive dynamics, product innovations, and the evolving consumer preferences shaping the sports drink industry worldwide.
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