IMARC Group, a leading market research company, has recently releases report titled “India Sports and Energy Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”. The study provides a detailed analysis of the industry, including the India sports and energy drinks market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the India Sports and Energy Drinks Market?
The India sports and energy drinks market size reached US$ 3.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2032, exhibiting a growth rate (CAGR) of 11.5% during 2024-2032.
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India Sports And Energy Drinks Market Overview:
The India sports and energy drinks market is expanding rapidly, owing to the growing fitness and health consciousness among the consumers of the country. Besides this, there is an increasing need for drinks that can improve performance and recovery as more people engage in sports and fitness activities. Additionally, the expanding middle-class population with higher disposable incomes is fueling the consumption of premium and functional beverages.
Furthermore, aggressive marketing strategies and endorsements by celebrities and athletes are playing a pivotal role in driving the growth of the India sports and energy drinks market. In line with this, the proliferation of gyms, fitness centers, and sports clubs across urban and semi-urban areas has also significantly contributed to the increased consumption of sports and energy drinks.
India Sports And Energy Drinks Market Trends:
Innovation in product offerings is another key trend in the India sports and energy drinks market. Moreover, manufacturers are continually introducing new flavors, formulations, and packaging to attract consumers. In addition, the e-commerce boom has made these products highly accessible, allowing brands to reach a wider audience. Strategic partnerships and collaborations with fitness events and sports leagues are also enhancing brand visibility and consumer engagement.
As urbanization continues to rise and lifestyle patterns evolve, the demand for convenient, on-the-go beverages is expected to propel the market further. Apart from this, increasing awareness about hydration and the benefits of sports drinks in maintaining electrolyte balance is likely to sustain the momentum of the India sports and energy drinks market in the coming years.
India Sports And Energy Drinks Market Segmentation:
Sports Drinks Market
Breakup by Product Type:
Isotonic
Hypertonic
Hypotonic
Breakup by Packaging Type:
Bottle (Pet/Glass)
Can
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
Breakup by Region:
North India
West and Central India
South India
East India
Energy Drinks Market
Breakup by Product:
Alcoholic
Non-Alcoholic
Breakup by Type:
Non-Organic
Organic
Breakup by Packaging Type:
Bottle (Pet/Glass)
Can
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
Breakup by Target Consumer:
Teenagers
Adults
Geriatric Population
Breakup by Region:
North India
West and Central India
South India
East India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3922&flag=C
Key Highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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