Market Overview:
The United States sports and energy drinks market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.75% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 7.0 Billion |
Market Forecast in 2032 |
US$ 9.8 Billion |
Market Growth Rate (2024-2032) |
3.75% |
Sports and energy drinks refer to the beverages consumed while performing physical and sports-related activities. They are a rich source of caffeine and essential nutrients, such as carbohydrates, minerals, electrolytes and vitamins. They aid in replenishing the electrolyte levels in the body and providing hydration and an instant boost of energy. Sports and energy drinks are available in a wide variety of flavors, such as apple, strawberry, cranberry, lime and pineapple, and are also consumed for enhancing concentration, facilitating weight loss and increasing body endurance.
The increasing participation in sports and other fitness-related activities, along with rising health consciousness among the masses, is one of the key factors driving the growth of the market in the United States. Furthermore, various product innovations, such as the development of sports drinks in exotic flavors, are acting as other growth-inducing factors. Product manufacturers are also using natural and organic ingredients, sweeteners and extracts to cater to the diverse taste and preferences of the consumers. Additionally, hectic schedules and changing dietary patterns of consumers have enhanced the consumption of ready-to-drink (RTD) beverages, which, in turn, is contributing to the demand for various sports and energy drinks in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the United States sports and energy drinks market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on product type, packaging type, distribution channel, type and target consumer.
Sports Drink Market
Breakup by Product Type:
- Isotonic
- Hypertonic
- Hypotonic
Breakup by Packaging Type:
- Bottle (Pet/Glass)
- Can
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Energy Drink Market
Breakup by Product:
Breakup by Type:
Breakup by Packaging Type:
- Bottle (Pet/Glass)
- Can
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Target Consumer:
- Teenagers
- Adults
- Geriatric Population
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the United States sports and energy drinks market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States sports and energy drinks market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the packaging type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the target consumer?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States sports and energy drinks market and who are the key players?
- What is the degree of competition in the industry?