According to SPER Market Research, the Global Electrolyte Drinks Market Manufacturers of electrolyte beverages are well known for investing millions of dollars to secure sponsorship deals with significant sporting events. Sponsorship, the best form of communication, has developed into a top-notch marketing strategy that allows a company to be closely associated with a gathering that appeals to a particular target market. Due to the aforementioned advancements, electrolyte drink sales have significantly increased in recent years.
Due to the rise in consumption of these drinks among both athletes and regular consumers, the isotonic category is expanding quickly. An isotonic beverage’s main objectives are to increase nutrient, mineral, and water intake as well as athletic performance.
Global Electrolyte Drinks Market Overview (2022-2030)
Forecast CAGR (2022-2030): 8.9%.
Forecast Market Size (2030): 3.17 billion.
Due to the rise in consumption of these drinks among both athletes and regular customers, the isotonic category is expanding quickly. An isotonic beverage’s main objectives are to increase nutritional, mineral, and water intake as well as athletic performance. Isotonic electrolyte drinks are expected to grow faster than the market as a whole during the forecasted period as a result of these benefits. The market for electrolyte beverages in the hypertonic industry is anticipated to expand moderately over the course of the forecast period.
Impact of COVID-19 on the Global Electrolyte Drinks Market:
During the COVID-19 epidemic, two effects were noticed. Due to the severe enforcement of restrictions and lockdowns, the industry faces decreasing sales and falling profit margins at the height of the pandemic crisis. To stop the virus from spreading, manufacturing facilities were shut down. The production essentially stayed in line with pre-pandemic forecasts while infection trends flattened. Due to the dependence of COVID-19 patients’ general health on maintaining hydration, electrolytes were even more essential during the pandemic. The demand for electrolyte drinks is also increasing as people become more health conscious, strive to be physically fit, and participate in exercise routines.
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Global Electrolyte Drinks Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
- And isotonic.
- Beer cans.
- And bottles made of PET.
By Distribution Channel:
- Hypermarkets/Supermarkets Drugstores.
- Quick-service restaurants.
- Online sources, and others.
- Sports and medical facilities.
- North America
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Global Electrolyte Drinks Market Key Players:
The Global Electrolyte Drinks Market report offers market information by competitive landscape, revenue analysis, market segments, and in-depth analysis of major market players such as Abbott Laboratories, Arizona Beverage Company, Cia Brasilia de Betides, Driskel, LLC, Extreme Drinks Co., Gainful, GlaxoSmithKline plc, Grupo Guangdong Jianlibao Group, Hammer Nutrition, Judea SA de CV, Kent Corporation, Laboratories Pisa. the Coca-Cola Company, The Kraft Heinz Company, The Vita Coco Company, Inc., Vitamin Well, NOOMA, Noun, Otsuka Holdings Co Ltd, PepsiCo, Inc., PURE Sports Nutrition, Scratch Labs, SOS Hydration, Inc., Sports Drinks USA, Steric Trading Pty Ltd, Suntory Ltd.
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