Europe Sports Drink Market By Type (Isotonic, Hypotonic, Hypertonic), By Ingredient Types (Aqua/Water, Additives), By Packaging (Bottle, Can), By Distribution Channels (Modern Grocery Retailers, Traditional Grocery Retailers)
Europe Sports Drink Market was worth USD 550 million in 2016 and estimated to be growing at a CAGR of 5.3%, to reach USD 650 million by 2021. Sports Drinks are beverages whose stated purpose is to help athletes replace water, electrolytes, and energy before or after training or competition.
Athletes actively training or fitness enthusiasts lose electrolytes by sweating and expending energy. A stated purpose of sports drinks, which provide many calories of energy from sugars is to improve performance and endurance.
The Europe Sports Drink Market is driven by the keen interest of the millennial generation in sports, inclination towards fitness, increasing disposable incomes and willingness to pay for health products. The increasing number of fitness centers and health clubs also contribute to the growth of the market.
However, the growing inclination of the market towards organic and natural products due to lesser side effects acts as a constraint on the growth of the market
The Europe Sports Drink Market is segmented on the basis of type, Ingredients type, packaging and by distribution channels. On the basis of type, the market is segmented into isotonic, hypertonic and hypotonic.
On the basis of ingredient types, the market is categorized into Aqua/Water and Additives. The additives segment is further divided into sweeteners, polysaccharides and oligosaccharides, flavors, acidulates and others.
On the basis of packaging, the market is segmented into bottle, can, and others. On the basis of distribution channels, the market is divided among modern grocery retailers, traditional grocery retailers, and non-grocery specialists.
The Europe Sports Drink Market has been geographically segmented into Germany, U.K, France, Spain, and Italy. As of 2016, Europe holds the second position in the global market share analysis.
The rapid growth in new distribution channels is set to further boost the market growth in Europe.
The major players operating in the Europe sports drink industry include PepsiCo, Coca-Cola, 100Plus, Lucozade, Sportade and Pocari Sweat, 8.5 Living Essentials, Cloud 9, Extreme Drinks Co., Abbott Nutrition Co, AJE Group, Arctico Beverage Company, Brtivic PLC, Champion Nutrition, D'angelo, Fraser & Neave Holdings BHD, GlaxoSmithKline PLC.
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