Market Size of South America Sports Drinks Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Sports Drink Market Analysis
South America Sports Drinks Market is estimated to register a CAGR of 3%, during the forecast period (2020 - 2025).
- Sports drinks are gaining popularity among the athletes and individuals who are involved in the rigorous physical activity. The marketers are targeting different age groups, like teenagers and young adults.
- The rising disposable income and the adoption of millennial culture and their habits also play a major role. The market is consistently growing and the consumers mindset is changing, and even non-sportspersons are consuming sports drinks with basic required sports activities.
