Market Size of Electrolyte Mixes Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 579.65 Million |
Market Size (2029) | USD 665.80 Million |
CAGR (2024 - 2029) | 2.81 % |
Fastest Growing Market | North America |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Electrolyte Mixes Market Analysis
The Electrolyte Mixes Market size is estimated at USD 579.65 million in 2024, and is expected to reach USD 665.80 million by 2029, growing at a CAGR of 2.81% during the forecast period (2024-2029).
High consumer preference for electrolyte-infused products to overcome dehydration is identified as one of the key market drivers globally. An increasing number of fitness enthusiasts are also influencing the market's growth, as fitness trainers recommend electrolyte drinks and powders to maintain a balance of fluids and nutrients in the body and to keep hydrated before, during, and after workouts. For instance, the Sports & Fitness Industry Association and Sports Marketing Surveys United States released the State of the Industry Report for 2021, which states that 232.6 million Americans participated in sports and fitness activities in 2021, the most since 2016.
The electrolyte mixes market is driven by the growing health consciousness among consumers, particularly among sportspersons and athletes, as merely drinking water does not provide all the minerals required by the body. R&D teams are focused on taking advantage of the demand for healthy-improving products as consumers are changing their lifestyles and enhancing their preferences.
Rising diabetic populations in the United States, China, India, Australia, and the United Kingdom have also shifted their focus away from sports drinks, which has high carbohydrate rate, to low or no carbohydrate drinks such as electrolytes drink. The consumption of healthy food and beverages worldwide has significantly affected the market as the consumer demand for low carb beverages and altered diets like keto diet is boosting the demand for electrolyte drinks with no or low carbohydrates.