Electrolyte Drinks Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Electrolyte Drinks Market will witness over 5.6% CAGR from 2024 to 2032. The increasing health consciousness among consumers has led to a rising demand for beverages that support hydration and overall wellness. Quoting an instance, in September 2023, BODYARMOR Sports Nutrition announced its international expansion introducing BODYARMOR Sports Drink and BODYARMOR LYTE to Canada. This expansion underscores the growing global appetite for electrolyte-rich beverages and reflects the broader trend of increased consumer preference for products that contribute to healthier lifestyles.

Additionally, the growing popularity of fitness activities and sports has bolstered the demand for electrolyte drinks as essential recovery aids. The expanding availability of these products through various retail channels, in consort with advancements in formulation to include natural ingredients contributes to the growth of the electrolyte drinks industry.

The overall market is categorized based on product type, packaging, flavor, distribution channel, and region.

The tablet segment will experience a decent growth rate over the study period, attributed to convenience and portability. Tablets provide an easy, on-the-go solution for individuals seeking quick electrolyte replenishment without the need to carry or store liquid beverages. Their compact packaging and long shelf life make them an appealing choice for both active consumers and those with busy lifestyles. Additionally, advancements in tablet formulation have enhanced their effectiveness and taste, contributing to their growing popularity among consumers seeking practical hydration solutions.

The can packaging segment will clutch a noteworthy electrolyte drinks market share by 2032. Cans offer superior portability, allowing consumers to easily carry their drinks and enjoy them on the go. This packaging type helps in maintaining the beverage's freshness and extends shelf life, which is crucial for preserving the quality of electrolyte drinks. Additionally, the modern, eye-catching designs and branding opportunities available with can attract consumers and differentiate products in a competitive market, further stimulating growth.

Europe electrolyte drinks market will record an impressive growth rate through 2032, driven by increasing health awareness and a shift towards healthier lifestyles. European consumers are becoming more conscious of their dietary choices and are actively seeking products that support hydration and recovery. Additionally, the rising popularity of fitness and sports activities across the region is ushering in product demand as essential components of athletic performance and wellness. The expansion of distribution channels, such as online platforms and health-focused retail stores, supports market growth by making these products more accessible to a broader audience.

Product Code: 10363

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Data mining sources
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Value chain
- 3.1.2 Key manufacturers
- 3.1.3 Go to market routes
- 3.1.4 Key distributors
  - 3.1.4.1 New distribution channels
- 3.1.5 Profit margins across the industry
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing health consciousness among consumers
  - 3.2.1.2 Growing demand for functional beverages
  - 3.2.1.3 Expansion of sports and fitness industry
- 3.2.2 Market challenges
  - 3.2.2.1 Intense competition from established brands
  - 3.2.2.2 Fluctuating raw material cost
- 3.2.3 Market opportunities
  - 3.2.3.1 New markets/applications
  - 3.2.3.2 Growth potential analysis
3.3 Raw material landscape
- 3.3.1 Manufacturing trends
  - 3.3.1.1 Technology evolution
  - 3.3.1.2 Sustainable manufacturing
    - 3.3.1.2.1 Green practices
    - 3.3.1.2.2 Decarbonization
- 3.3.2 New raw materials
- 3.3.3 Raw material pricing trends (USD/Units)
  - 3.3.3.1 North America
  - 3.3.3.2 Europe
  - 3.3.3.3 Asia Pacific
  - 3.3.3.4 Latin America
  - 3.3.3.5 MEA
3.4 Regulations and market impact
3.5 Porter's analysis
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Size and Forecast, By Product type, 2021-2032 (USD Billion, Units)

5.1 Key trends
5.2 Ready to drink
5.3 Tablets
5.4 Powder
5.5 Others

Chapter 6 Market Size and Forecast, By Packaging, 2021-2032 (USD Billion, Units)

6.1 Key trends
6.2 Bottle
6.3 Can
6.4 Pouch

Chapter 7 Market Size and Forecast, By Flavor, 2021-2032 (USD Billion, Units)

7.1 Key trends
7.2 Unflavored
7.3 Flavored
- 7.3.1 Orange
- 7.3.2 Berry
- 7.3.3 Grape
- 7.3.4 Mixed fruit
- 7.3.5 Others

Chapter 8 Market Size and Forecast, By Distribution channel, 2021-2032 (USD Billion, Units)

8.1 Key trends
8.2 Offline
- 8.2.1 Supermarkets and hypermarkets
- 8.2.2 Convenience stores
- 8.2.3 Specialist retailers
- 8.2.4 Others
8.3 Online Retailers

Chapter 9 Market Size and Forecast, By Region, 2021-2032 (USD Billion, Units)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
9.6 MEA
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 South Africa
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 Pepsico
10.2 Coca Cola
10.3 Abott Laboratories
10.4 Hydralyte
10.5 Nuun
10.6 Nooma
10.7 Liquid IV
10.8 Kraft Heinz.
10.9 PURE Sports Nutrition
10.10 CLEAN CAUSE
10.11 FRTSreplenisher
10.12 DRINKWEL LLC