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mydrinkbeverages.com

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About MyDrink Beverages

MyDrink Beverages is a global beverage business consulting company. Its team consists of experts in the fields of beverage science, product development, production management, market research, and marketing.

MyDrink Beverages Headquarter Location

Raudondvario pl. 131B

Kaunas, 47191,

Lithuania

+37-069-03-495

Latest MyDrink Beverages News

Sports Drink Market Size to Hit $32.61 Billion by 2026 | Fortune Business Insights™

Feb 24, 2021

| Fortune Business Insights™ Top companies covered are PepsiCo, The Coca-Cola Company, BA Sports Nutrition, AJE group, Britvic PLC., MyDrink Beverages, Kraft Heinz Company, Nestle SA, GlaxoSmithKline plc., Abbott Nutrition co, and other key players profiled in a sports drink market research report | Source: Fortune Business Insights Pune, Feb. 24, 2021 (GLOBE NEWSWIRE) -- According to Fortune Business Insights™, the global  sports drink market size is expected to reach $32.61 billion by 2026. The rising emphasis on improving body’s performance and endurance level by athletes will fuel demand for sports drinks, which in turn will boost the sports drink market share, mentioned in a report, titled “Sports Drink Market Size, Share & Industry Analysis, By Type (Isotonic, Hypotonic, and Hypertonic), Brand (Gatorade, Powerade, and Others), Packaging Type (Metal, PET/Plastic, and Glass), Distribution Channel (Supermarket/Hypermarket and Online Channel), and Regional Forecasts, 2019 – 2026” the market value stood at $23.54 billion in 2018 and is expected to exhibit a CAGR of 4.2% between 2019 and 2026. The coronavirus incident has brought the world to an unexpected halt. We understand that this health disaster has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling, and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic. We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic. List of the Leading Companies Profiled in the Global Sports Drink Market are: PepsiCo Launch of Gatorade by BOLT24 to Augment Growth Process Gatorade, an American manufacturer of sports-themed beverage and food products, announced the unveiling of BOLT24. The company's new sports drink is a low-calorie electrolyte beverage, as the Bolt24 contains no artificial flavors or sweeteners and is aimed for athletes to keep them hydrated around the clock. The announcement for the new drink by the company is expected to fuel demand among athletes owing to the natural and organic content of the drink, which in turn will facilitate the sports drinks market share. Furthermore, Gatorade's senior vice president, Brett O'Brien, said in a statement, the drink is sea salt and watermelon based, something else that distinguishes it from other Gatorade products. He further added the new drink would allow the company "to think about athletes in a whole different way." In addition, the rising R&D investments by key players for the development of innovative sports drinks aimed at athletes will enable healthy growth of the market, sates our lead analysts at Fortune Business Insights™. Rising Demand for Sports Drinks to Boost Market Prospects in North America The market in North America stood at USD 7.90 billion in 2018 and is expected to remain dominant during the forecast period due to the increasingly health-conscious population in the region. For instance, in 2018, approximately 55% of the American population lived a healthier lifestyle. Furthermore, the rising demand for sports drinks in the U.S due to the presence of major players such as Gatorade, PowerAde, and BodyArmor will further influence the sports drinks market trends in North America. Asia Pacific is expected to witness a high demand for sports drinks in the forthcoming owing to the rising disposable income in developing countries such as India, China, and, Japan. In addition, an increasing number of health-conscious consumers will impel companies to introduce new sports drinks, which in turn will boost the sports drink market share by brand. The report on the Sports Drink Market includes: More significant insights into the market In-depth analysis of the market Market drivers and restraints Leading regions in the market Top Regional Analysis: Thriving Agriculture Industry to Drive Market in Asia Pacific Asia Pacific sports drink market will register the fastest compound annual growth rate of 5.2% during 2019-2026 owing to the increasing sports player population and rising trend of various fitness activities. According to Special Olympics, in 2018, India has experienced the largest growth with approximately 80,000 new young athletes. Browse Detailed Summary of Research Report with TOC: Key Industry Development:  June 2019, Coca-Cola launched a Powerade sports drink in India to expand its portfolio and offer a number of choices to consumers in India. July 2019, Gatorade launched BOLT24 a low-calorie electrolyte beverage for athletes. This product includes no artificial sweeteners or flavors designed for hydration. Detailed Table of Content: Have a Look at Related Research Insights: Luxury Goods Market Size , Share & COVID-19 Impact Analysis, By Product Type (Watches & Jewelry, Perfumes & Cosmetics, Clothing, Bags/Purses, and Others), End-user (Women and Men), Distribution Channel (Offline and Online), and Regional Forecast, 2020-2027 Makeup Market Size , Share & Industry Analysis, By Products (Powder, Gels, Lotions, and Others), Application Area (Lips, Eyes, Face, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Exclusive Brand Stores, Online/e-commerce Channels, and Others), and Regional Forecast, 2019-2026 About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. Contact Us: 308, Supreme Headquarters,

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