Sports And Energy Drinks Market Size to grow by USD 106.7 billion between 2024-2028
According to a research report “ Sports And Energy Drinks Market” by Type (Organic, Non-organic) Product (Energy drinks, Sport drinks) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 106.7 billion, at a CAGR of 13.52% during the forecast period. The global sports and energy drink market is experiencing significant growth due to shifting consumer demographics and evolving health preferences. As consumers age, they seek out beverages that offer additional energy sources to support their changing needs. Millennials, in particular, prioritize health and wellness, with a focus on stress management, energy retention, and combating fatigue. Perceiving sports and energy drinks as nutrient-dense options, they associate these beverages with athletic pursuits and enhanced well-being. The market is expected to continue thriving as consumers seek out beverages that cater to their specific health requirements..
Browse market data tables, figures, and in-depth TOC on “Sports And Energy Drinks Market” by Type (Organic, Non-organic) Product (Energy drinks, Sport drinks) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Type, the Organic segment is projected to dominate the market size in 2024
The Sports and Energy Drinks market represents a significant business opportunity, driven by the increasing consumer preference for convenient, on-the-go beverage solutions. These beverages cater to the nutritional needs of consumers engaged in physically demanding activities, offering essential vitamins, minerals, and caffeine for enhanced performance and endurance. Market growth is further fueled by strategic partnerships, product innovation, and targeted marketing campaigns to various consumer demographics.
By Product, Energy drinks segment is expected to hold the largest market size for the year 2024
The Sports and Energy Drinks market represents a significant business opportunity, driven by the increasing consumer preference for beverages that enhance performance and provide energy boost. Key players in this sector invest heavily in research and development to create innovative, high-performance products. The market is expected to grow steadily due to rising health consciousness, hectic lifestyles, and the expanding consumer base in developing economies. Strategic partnerships, product differentiation, and pricing strategies are crucial for market success.
APAC is forecasted to hold the largest market size by region in 2024
The Sports and Energy Drinks market represents a significant business opportunity, driven by the increasing consumer preference for beverages that enhance performance and provide a quick energy boost. These beverages cater to various consumer segments, including athletes, fitness enthusiasts, and those with active lifestyles. Key market trends include product innovation, strategic partnerships, and targeted marketing campaigns. Companies are focusing on developing functional beverages with added nutrients, caffeine, and electrolytes to cater to the evolving consumer needs. The market is expected to grow at a robust rate, driven by these trends and increasing consumer awareness.
The Sports And Energy Drinks Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
.
For insights on company offerings- Request a sample report!
Research Analysis Overview
The Sports and Energy Drinks market is a dynamic and growing industry, with trade associations and international institutions estimating it to reach USD126.5 billion by 2027. This growth is driven by various factors, including the increasing popularity of functional beverages, plant-based diets, Paleo, and Keto lifestyles. B2C enterprises, particularly eCommerce platforms, are capitalizing on this trend by offering a wide range of energy and sports drinks online. These beverages, which include vitamins, electrolytes, sugar, caffeine, and other performance-enhancing ingredients, are increasingly being marketed as functional beverages. Energy drinks, which contain high levels of caffeine and sugar, are popular among young adults and gamers, while sports drinks, which contain electrolytes and are low in sugar, are favored by athletes and fitness enthusiasts. Multi-outlet channels, including supermarkets, convenience stores, and specialty retailers, dominate the market, but eCommerce is gaining ground. The market is also witnessing the emergence of sugar-free, plant-based, and organic options, as consumers become more health-conscious. Overall, the Sports and Energy Drinks market is expected to continue growing, driven by changing consumer preferences and the increasing popularity of functional beverages.
Market Research Overview
The Sports and Energy Drinks market is a dynamic and growing industry, with major players like Powerade Power Water, Red Bull, Monster Energy, Gatorade, and Celsius leading the charge. The social outlook towards these beverages has evolved, with consumers increasingly seeking functional benefits beyond basic hydration. Trade associations and international institutions have recognized this trend, promoting the development of functional beverages that cater to various lifestyles, including plant-based diets, Paleo, Keto, and Prime Energy. Retail selling prices for energy and sports drinks vary, with catering, restaurants, hotels, convenience stores, eCommerce, and B2C enterprises all offering different pricing structures. Functional beverages, such as enhanced water, flavored water, protein shakes, coconut water, and hemp seed oil drinks, are gaining popularity due to their vitamin, sugar, caffeine, and electrolyte content. Brands like Rockstar Unplugged and Celsius are also making waves with their unique formulations. Multi-outlet channels, including C-stores, are key distribution channels for these beverages, reflecting lifestyle changes and the growing demand for convenience. Overall, the Sports and Energy Drinks market is expected to continue growing, driven by consumer preferences for functional beverages and the diverse offerings of major brands.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
