Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Electrolyte Mixes Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.2% during the review period (2022 to 2027).
Identifying the rising demand for fitness products, numerous projecting companies have entered the electrolyte mixes market over the past few years. In addition, rising consumer awareness pertaining to the benefits of consuming electrolyte mixes has provided a considerable enhancement to the overall demand for electrolyte mixes global. Surge in the number of health-centric consumer’s worldwide, engaging marketing strategies, and growing focus on introducing electrolyte mixes with innovative packaging are some of the other aspects expected to fuel the growth of the global electrolyte mixes market during the forecast period 2022-2027.
The global demand for electrolyte mixes is increasing due to the increased use of these products and the high demand for energizing drinks. Furthermore, an increased focus on maintaining physical fitness and increasing expenditure levels have fuelled the global demand for electrolyte mixes. According to the Bureau of Labor Statistics, 23.4% of the population in the United States participated in sports, exercise, and recreational activities every day in 2020, an increase from 20% in 2019.
Industry Developments:
2022, Gatorade announced the launch of a new electrolyte sports drink called Gatorade Fit. The new product will replace Bolt24, which was a trial product released almost three years ago to test the market. The beverage packaging has the claim "Healthy Real Hydration" on its label and is targeted towards consumers who usually prefer not to consume energy drinks with added sugar.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Ultima Health Products, Inc, Cargill, BA Sports Nutrition LLC., The Coca-Cola Company, Vega (CA), LyteLine, LLC, Prestige Brands Holdings, Inc., PepsiCo, Inc., Fonterra Co-operative Group Limited, Abbott Laboratories Incorporated., Gatorade and others.
Electrolyte Mixes Market is segmented based on the Types ,applications, End users, companies and regions.
Global Electrolyte Mixes Market, by Type
Global Electrolyte Mixes Market, by Packaging
Global Electrolyte Mixes Market, by Distribution Channels
In North America, the adoption of healthy lifestyles with an emphasis on sports and fitness and high disposable incomes is driving business growth. Additionally, the growing consumption of RTD beverages and health beverages is supporting the market boom. In Asia-Pacific, the consumption of electrolyte mixes is growing especially in developing countries such as China and India. The market has growth potential in the hot and humid Asian subcontinent. Moreover, the rise in per capita disposable income in the region is anticipated to drive market growth during the outlook period. The introduction of innovative isotonic drinks with varied flavors such as lemon and strawberry is driving industry growth in Europe.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.2% during the review period (2022 to 2027). |
By Type & Packaging |
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By Distribution Channel |
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By Companies | Ultima Health Products, Inc, Cargill, BA Sports Nutrition LLC., The Coca-Cola Company, Vega (CA), LyteLine, LLC, Prestige Brands Holdings, Inc., PepsiCo, Inc., Fonterra Co-operative Group Limited, Abbott Laboratories Incorporated., Gatorade |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 103 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Electrolyte Mixes Market is studied from 2017 - 2027.
What is the growth rate of Electrolyte Mixes Market?
The Electrolyte Mixes Market is growing at a CAGR of 3.2% over the next 5 years.
Who are the leading key players in Electrolyte Mixes Market?
Ultima Health Products, Inc, Cargill, BA Sports Nutrition LLC., The Coca-Cola Company, Vega (CA), LyteLine, LLC, Prestige Brands Holdings, Inc., PepsiCo, Inc., Fonterra Co-operative Group Limited, Abbott Laboratories Incorporated., Gatorade
What regions regions does this Electrolyte Mixes Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Electrolyte Mixes Market?
Isotonic, Hypotonic, Hypertonic
What are the significant applications of Electrolyte Mixes Market?
Hypermarkets/Supermarkets, Drug Stores, Convenience Stores, Online Channels, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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