Brazil Sports Drinks Market Size
| Study Period: | 2018 - 2028 |
| CAGR: | 3.6 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Brazil Sports Drinks Market Analysis
The Brazilian sports drinks market is projected to grow at a CAGR of 3.6% during the forecast period.
- The growing athlete community and an increasing number of sportspersons in developing countries are some of the factors driving the market. In addition, rising consumer inclination towards physical fitness and an increased number of fitness centers and health clubs are expected to fuel the market growth.
- Manufacturers are focusing on expanding their product portfolio by innovating new flavors with added health benefits. They are targeting different age groups owing to the popularity of sports drinks among teenagers and adults.
- Convenience in the consumption of sports drinks, such as ready-to-drink products, with recognizable ingredients and advanced formulation, is also driving the market.
Brazil Sports Drinks Industry Segmentation
The Brazilian sports drink market analysis is segmented by packaging into PET bottles and cans. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail channels, and other distribution channels.
| Packaging | |
| PET Bottles | |
| Cans |
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Online Retail Channel | |
| Other Channels |
Brazil Sports Drinks Market Trends
This section covers the major market trends shaping the Brazil Sports Drinks Market according to our research experts:
Growing Popularity of Fitness Clubs
With the growing popularity of fitness programs and increased emphasis on a healthy lifestyle, the consumption of sports drinks is observed to rise as it helps to rehydrate the body, and beverages are no longer viewed solely as a quick refreshment. Increasing participation in regular exercise and sporting activity could enlarge the potential consumer base for sports drinks. The general rise in consumer health-consciousness underpins the trend towards more regular exercise. The consumer segments driving the growth of the market include millennials who are willing to try new products with wellness benefits, and busy consumers seeking for ‘quick health.’
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Bottled Beverages Gaining Momentum
The major players are focusing on making attractive packaging for all beverages to increase the sales of their product packages in various quantities that are made available for easy usage. PET is dominant in most medium and small volume beverage markets. Certain beneficial properties of PET packaging are high transparency, shiny surface, good stability, high-pressure resistance, good barrier properties, and lightweight. PET bottles are preferred more as new technology enables these bottles to do more than hold beverages. These bottles come in a handy ‘grab and go’ sizes and can be used conveniently. Products in bottled format can be consumed all at once or can be stored. Caps or lids over these bottles also play an important role as they preserve the freshness and aroma of the drinks.
Brazil Sports Drinks Industry Overview
The Brazilian sports drink market is consolidated with the major players, holding the maximum share in the market. The key strategies adopted by the companies are mergers and acquisitions, new product innovation, partnerships, and expansion. The major players are PepsiCo, The Coca-Cola Company, BA Sports Nutrition, LLC, Kill Cliff, Fraser, and Neave Holdings Bhd.
Brazil Sports Drinks Market Leaders
PepsiCo
The Coca-Cola Company
BA Sports Nutrition, LLC
Kill Cliff
Suntory Beverage & Food Limited
*Disclaimer: Major Players sorted in no particular order
Brazil Sports Drinks 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 Forces Analysis
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4.3.1 Bargaining Power of Suppliers
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Threat of New Entrants
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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
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5.1.1 PET Bottles
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5.1.2 Cans
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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 Channel
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5.2.4 Other Channels
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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 PepsiCo, Inc.
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6.3.2 The Coca-Cola Company
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6.3.3 BA Sports Nutrition, LLC
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6.3.4 Kill Cliff
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6.3.5 Fraser and Neave Holdings Bhd
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6.3.6 Suntory Beverage & Food Limited
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Sports Drinks Market Research FAQs
What is the study period of this market?
The Brazil Sports Drinks Market is studied from 2018 - 2028.
What is the growth rate of Brazil Sports Drinks Market?
The Brazil Sports Drinks Market is growing at a CAGR of 3.6% over the next 5 years.
Who are the key players in Brazil Sports Drinks Market?
PepsiCo, The Coca-Cola Company, BA Sports Nutrition, LLC, Kill Cliff, Suntory Beverage & Food Limited are the major companies operating in Brazil Sports Drinks Market.
Brazil Sports Drinks Industry Report
Statistics for the 2023 Brazil Sports Drinks market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Sports Drinks analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
