Thirsting for Victory: Exploring the USA Sports Drink Market
As per the latest recent research report by Future Market Insights, total sports drink sales in the USA are estimated to surge at 3.7% CAGR between 2023 and 2033, reaching a value of US$ 10.9 billion by 2033. In 2023, the USA sports drink market is set to be valued at US$ 7.6 billion.
Over the next ten years, the US sports drink market is expected to develop as a result of rising interest in physical fitness, particularly among millennials, an increase in sports-related activities, and the introduction of beverages with organic ingredients.
Sports drinks are functional beverages that can replenish fluids, carbohydrates, and electrolytes during physical exertion. These drinks are rising in popularity across the USA as more people become health-conscious and seek to get the most out of their workouts.
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The nutritious advantages of sports drinks are expected to continue to drive up consumer demand for them. Protein drinks are the most widely used in the sports drink sector across the USA, and they are expected to support the market’s expansion.
During workouts or activities, branched amino acids and proteins aid to lessen muscular pain and provide the body with rapid energy. Due to the rising demand for sports drinks, food and beverage producers are now showing an interest in the energy drink and sports drink segments.
Key Takeaways from Market Study
The USA sports drink market is estimated to be valued at US$ 7.6 billion in 2023.
Based on form, the liquid segment holds a prominent market share of 82.0% in the USA sports drink market..
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Competitive Landscape
With increasing penetration of new start-ups, the USA Sports Drink market is becoming highly competitive. In order to gain a competitive edge in the market, companies are utilizing strategies such as new product launches, partnerships, mergers, acquisitions, collaborations, and celebrity endorsements.
Few of the leading companies offering sports drinks in the market include Gatorade, Powerade, Body Armor, Monster Hydro, Aquarius, Melaleuca, Bulletproof FAT water, Honest Sport, Muscle Milk, Staminade, and Hammer Nutrition HEED.
USA Sports Drink Market by Category
By Product Type:
Isotonic
Hypotonic
Hypertonic
By Distribution Channel:
Offline
Store-Based Retailing
Hypermarkets /Supermarket
Convenience Stores
Mom and Pop Stores
Discount Stores
Specialty Stores
Independent Small Groceries
Online Retail