Market Size of United Kingdom Sports Drink Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.15 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UK Sports Drink Market Analysis
The United Kingdom sports drink market is projected to register a CAGR of 4.15% over the next five years.
The sports drink market is growing because more and more people in the United Kingdom want to stay healthy and fit.In recent years, more and more people have been drinking sports drinks. This is because people want to stay hydrated quickly and want drinks with no sugar or calories.Additionally, owing to the increasing incidence of lifestyle diseases, consumers have reduced their consumption of sugar-based refreshing beverages, such as carbonated drinks. This, in turn, shifted the consumer preference in beverage consumption, and hence they opt for healthy and sugar-free beverages. According to Public Health England, over 3.2 million people in England were diagnosed with type 2 diabetes during the years 2020-2021. Thus, the market for low-calorie sports drinks is anticipated to fuel market growth over the forecast period.
The market is also being driven by the fact that sports nutrition products have become more popular over the past few years.Sports drinks are taking up more shelf space on store shelves because there are more products that are good for your health. According to the British Soft Drinks Association, the percentage increase in consumption of sports and energy drinks in the United Kingdom has increased by 12.96% from 2017 to 2021.
Moreover, people are becoming more aware of what's in the products they buy, which has made clean-label sports drinks sell better in the country. With the rising health concerns in the country, there has been an increased demand for nutrition-filled, low-calorie sports drinks made from natural ingredients such as stevia, a healthier sugar alternative. From ingredients to processing and packaging, sustainable nutrition is increasingly considered a linked chain. Thus, manufacturers in the market are promoting clean-label and free-from products to accommodate consumers. For instance, they are bringing more transparency into their production processes and including comprehensive labeling on packaging to inform consumers about the product ingredients.
