Market Research Report
Global Sports and Energy Drinks Market 2018-2022
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||348240|
|Published||Content info||101 Pages
Delivery time: 1-2 business days
|Global Sports and Energy Drinks Market 2018-2022|
|Published: November 13, 2018||Content info: 101 Pages||
The demand for functional drinks has increased among consumes. This is encouraging numerous existing and new beverage companies to introduce new products in the market. Brands such as PepsiCo, Coca-Coal, and others have introduced unique sports and energy beverages that deliver great taste and nutrients. Technavio's analysts have predicted that the global sports and energy drinks market will register a CAGR of over 11% by 2022.
The prevalence of chronic diseases is rising among the aging population and the healthcare service is getting expensive with time. This is forcing individuals to look for affordable means to maintain their health and wellbeing. As a result, they are spending more on health and wellness products such as energy drinks as these products provide them essential nutrients, improves productivity, and boosts energy.
Sports and energy drinks are sweetened with sugar. The excessive consumption of these drinks, mostly by teenagers, may cause weight gain and obesity.
For the detailed list of factors that will drive and challenge the growth of the global sports and energy drinks market during 2018-2022, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the growing demand for functional drinks and consumer focus on health and wellness, will provide considerable growth opportunities to sports and energy drinks market vendors. Monster Energy Company, PepsiCo, Red Bull, Rockstar, and The Coca-Cola Company are some of the major companies covered in this report.