Sports Drink Market to Surge Past Valuation of US$ 25.5 Bn by 2022
The global sports drink market is forecasted to register impressive growth during the forecast period (2017 to 2022), according to a new market study by XploreMR. The growth of the market is predominantly driven by increased demand for sports drinks among athletes and fitness enthusiasts, as it helps them in enhancing their performance during training. Moreover, the growing trend of health and fitness among consumers is also fuelling the consumption of sports drinks.
Furthermore, factors such as the rising number of athletes, sportspersons, and increasing awareness among them regarding the benefits of sports drinks are equally complementing the growth of the market. Leveraging the soaring demand, producers of sports drinks are focusing on expanding their product portfolios and are launching diverse flavors. On the back of these factors, the global sports drink will grow at a healthy pace and will surge past valuation of US$ 25.5 Bn by the end of the forecast period.
Increased Health Consciousness Foster Growth
Comprising enhanced levels of electrolytes, sports drinks play a vital role in keeping the body hydrated. With the rising trend of ‘no added sugars’, manufacturers are focusing on using organic/natural sweeteners such as monk fruit, stevia, etc. Sports drink manufacturers are also coming-up with new formulations to meet the changing customer demand. This report, published by XploreMR, provides in-depth analysis of the global sports drink market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of XploreMR’s report is to analyze the global sports drink market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports drinks manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sports drinks.
Sports Drink Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022Buy Now
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