Africa Sports Drink Industry Overview
| Study Period: | 2018 - 2028 |
| CAGR: | 3.57 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Sports Drink Market Analysis
Africa Sports Drink Market is expected to increase at a CAGR of 3.57%, over the forecast period 2020-2025.
- With the increasing urbanization and increasing awareness amongst the consumers of the importance of health, sports drink market in high growth potential regions, like Africa is surging and is expected to offer immense growth opportunities.
- In Africa region, many sports activities are attracting the interest of middle aged and geriatric population. People are getting more involved in recreational activities and are also getting aware about the importance of nutrition which is a major factor for the escalation of the sports drink market.
Africa Sports Drink Industry Segments
The scope of Africa Sports Drink Market is segmented by packaging and distribution channel .On the basis of packaging, the market is segmented into PET bottles and cans. On the basis of distribution channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores and Other Channels. The market is segmented by Geography into South Africa, Egypt and Rest of Africa.
| Packaging Type | |
| PET Bottle | |
| Can |
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Online Retail Stores | |
| Other Channels |
| Geography | |
| South Africa | |
| Egypt | |
| Rest of Africa |
Africa Sports Drink Market Trends
This section covers the major market trends shaping the Africa Sports Drink Market according to our research experts:
Emerging trend for Health and Wellness
Sports drinks are gaining popularity amongst the individuals and athletes who are involved in physical fitness activity. Millineal population drives the market as they are showing a keen interest in sports, inclination towards fitness, more buying capacity and willing to purchase healthy products. The shift in consumer trend is also encouraging the sports drink manufacturers to evolve new products which meet the consumer interest. The growing inclination of people towards physical fitness, the number of health clubs and fitness centers have come up in the recent past. The growth of these establishments is one of the propelling drivers for the sports drink market during the forecast period.
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South Africa Leading the Market
Sports drinks market is a lifestyle-driven market. The increasing concerns about physical well-being and leading a healthy lifestyle is a major growth driver for the sports drink market. Moreover, the increasing fitness trend is catching up with other regions and driving sales numbers for the market. The surging demand for natural sweeteners is also expected to drive the growth of the sports drink African market, owing to the no or low content of calories in the sweeteners used in the tailoring of the sports drink by the manufacturers in the regional market.
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Africa Sports Drink Market Competitor Analysis
The sports drink market is moderately competitive. The prominent company in the market include PepsiCo Inc., The Coca-Cola Company, and TIGER BRANDS among others. The key strategies adopted by the players in the market are expansions, innovations, and new product launches to maintain competitiveness in the market. The companies have been introducing new and innovative products with the inclusion of naturally derived ingredients and additives, so as to make their product unique among the existing products.
Africa Sports Drink Market Top Players
Energade
Coca Cola Company
Abbott
PepsiCo.
*Disclaimer: Major Players sorted in no particular order
Africa Sports Drink Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Packaging Type
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5.1.1 PET Bottle
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5.1.2 Can
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5.2 Distribution Channel
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5.2.1 Supermarkets/Hypermarkets
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5.2.2 Convenience Stores
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5.2.3 Online Retail Stores
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5.2.4 Other Channels
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5.3 Geography
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5.3.1 South Africa
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5.3.2 Egypt
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5.3.3 Rest of Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Tiger Brands
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6.3.2 Coca Cola Company
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6.3.3 AJE Group
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6.3.4 Britvic PLC
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6.3.5 Pepsico, Inc.
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6.3.6 Abbott Labotratories
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Sports Drink Market Research FAQs
What is the study period of this market?
The Africa Sports Drink Market is studied from 2018 - 2028.
What is the growth rate of Africa Sports Drink Market?
The Africa Sports Drink Market is growing at a CAGR of 3.57% over the next 5 years.
Who are the key players in Africa Sports Drink Market?
Energade, Coca Cola Company, Abbott, PepsiCo. are the major companies operating in Africa Sports Drink Market.
Africa Sports Drink Industry Report
In-depth industry statistics and market share insights of the Africa Sports Drink Market sector for 2020, 2021, and 2022. The Africa Sports Drink Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Africa Sports Drink Market report PDF.
