Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2020 |
| CAGR: | 4 % |
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Market Overview
India Sports Drink Market is projected to grow at a CAGR of 4% during the forecast period.
- Increasing demand among athletes and new age sports people is expected to be a key factor driving market growth.
- Despite its goodness, the American Academy of Pediatrics suggests restricting its consumption by adolescents as this age group does not require rehydration with sports drink and only adds excess calories to the diet.
- As the sport drinks are limited to a particular set of population base and not very popular among the people out of the field could serve as restraint to the market. Whereas, introduction of more flavors in sport drinks can be a good opportunity for the manufacturers.
Scope of the report
India Sports Drink Market is segmented by packaging type into PET bottles and cans. The market also includes retail sales of the product through supermarkets and hypermarkets, convenience stores, specialty stores, online retail, and other retail channels.
| By Packaging | |
| PET Bottles | |
| Cans |
| By Distribution Channel | |
| Supermarkets/ Hypermarkets | |
| Convenience Stores | |
| Speciality Stores | |
| Online Retail | |
| Others |
Key Market Trends
Increased Affluence Among Fitness Enthusiasts
Healthy lifestyle adoption and the preference for staying fit has increased consumer indulgence in various sports activities. Additionally, an increase in government initiatives in various countries, meant to improve sports participation, is playing a key role in boosting the number of athletes, worldwide. This in turn is increasing the athlete’s interest toward performance boosting functional drinks, including sports drink in the country. Moreover, fitness enthusiasts in order to avoid heavy sugar intake through energy drinks are also an emerging base, developing likeness towards the product, further supplementing the market studied.
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Supermarkets Emerged as the Largest Point of Sales
Owing to a huge retail space catering to a wide variety of preferences, the supermarkets/ hypermarkets are among the dominant channels for the sales of sport drinks across the country. Factors, such as business expansion, rising number of hypermarkets and supermarkets add to the sales of these retail formats and significantly contribute to the sports drink market. Availability of variety of brands has been a key factor for the increasing consumer preferences.
Competitive Landscape
India sports drink market is highly competitive. The market studied has key players competing for major market share and intense competition prevailing in the market studied is likely to result in consolidation among market players. Key players are focusing on online distribution channels for branding of their products, in order to expand their geographical reach and increase their customer base.
Major Players
Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and 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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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 Industry Attractiveness - 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
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4.3.3 Threat of New Entrants
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4.3.4 Threat of Substitute Products and Services
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4.3.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 By Packaging
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5.1.1 PET Bottles
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5.1.2 Cans
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5.2 By 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 Speciality Stores
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5.2.4 Online Retail
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5.2.5 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Key Strategies Adopted
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 PepsiCo Inc.
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6.4.2 The Coca-Cola Company
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6.4.3 Suntory Beverage & Food
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6.4.4 GCMMF
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6.4.5 Decathlon
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6.4.6 Kill Cliff
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6.4.7 ACLI-MATE
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The India Sports Drinks Market market is studied from 2016 - 2026.
What is the growth rate of India Sports Drinks Market?
The India Sports Drinks Market is growing at a CAGR of 4% over the next 5 years.
Who are the key players in India Sports Drinks Market?
PepsiCo Inc. , The Coca-Cola Company, Suntory Beverage & Food, GCMMF, Decathlon are the major companies operating in India Sports Drinks Market.
