The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Electrolyte Drinks Global Market Report 2023, the electrolyte drinks market is expected to show significant growth in the forecast period.

Key insights from the electrolyte drinks market forecast include:

1. Market Size

The global electrolyte drinks market is expected to grow from $27.77 billion in 2022 to $29.61 billion in 2023 at a compound annual growth rate (CAGR) of 6.62%. The global electrolyte drinks market size is expected to reach $38.00 billion in 2027 at a CAGR of 6.44%.

2. Major Driver

The surge in sports activities is likely to drive the electrolyte drinks industry forward. According to a survey released in May 2022 by the Sports & Fitness Industry organisation (SFIA), a trade organisation of sports and fitness businesses located in the United States, participation in sports and activities increased by 1.3 percent in 2021 compared to 2020. As a result, the surge in sports activities is propelling the electrolyte drinks market forward.

View More On The Electrolyte Drinks Market Report 2023 – https://www.thebusinessresearchcompany.com/report/electrolyte-drinks-global-market-report

3. Key Trend

The primary trend in the electrolyte drinks industry is product innovation. To increase their market position, major players in the electrolyte drinks market are creating new developments. For example, Nutrabolt, a US-based nutrition business, developed XTEND Healthy Hydration in October 2022 to improve hydration and amino acid recovery for active lifestyle consumers. XTEND® Healthy Hydration is available in three delicious flavours: lemon-lime, strawberry banana, and raspberry lemonade. It gives a unique zero-sugar hydration boost while also being a strong source of D and B vitamins and increases hydration by giving six key electrolytes via efficient amino acid transfer using a novel technique.

4. Major Players

Major players in the electrolyte drinks market are PepsiCo Inc., The Coca-Cola Company, Abbott Laboratories, PURE Sports Nutrition, Danone S.A., Nuun Hydration, SOS Hydration Inc, GSK plc, Red Bull GmbH, Skratch Labs, Ultima Replenisher, GU Energy Labs, Hydrant Inc., Tailwind Nutrition, Lucozade Ribena Suntory Limited, Drip Drop Hydration Inc., and Schweppes Australia Pty Ltd.

5. Top Market Segments

The global electrolyte drinks market is segmented –

1) By Type: Isotonic, Hypotonic, Hypertonic

2) By Packaging: PET Bottles, Cartons, Beverage Cans

3) By Application: Sports, Medical Centers

4) By Distribution Channels: Hypermarkets or Supermarkets, Drug Stores, Convenience Stores, Online Channels, Other Distribution Channels

Request A Sample Of The Global Electrolyte Drinks Market Report 2023:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10757&type=smp

The Electrolyte Drinks Global Market Report 2023  provides an in-depth analysis on the electrolyte drinks market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the electrolyte drinks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Electrolyte Mixes Global Market Report 2023

Energy Drinks Global Market Report 2023

Functional Drinks Global Market Report 2023

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