Sports Drink Market earned USD 26.9 billion and anticipated to reach USD 45.2 billion by 2029, exhib

Gmi Research25 Feb, 2023Technology

Major factors driving sports drink market are increasing consumers inclination towards adopting healthy lifestyles, surge in the number of fitness centers and health clubs and rise in the per capita incomes of consumers in many countries. Prevalence rate of chronic diseases such as diabetes and hypertension are observed more in people who follow sedentary lifestyles and are physically inactive. As the prevalence of such diseases are increasing, consumers are getting more concerned about their health and are actively engaging in sports related exercise to reduce exposure to such diseases. According to U.S labor of Statistics report, in United States, average daily participation rates of both men and women in sports has risen by 3.6% between 2003-2015. As participation rates in sports related activities is increasing, demand for sports and energy drinks will rise in coming years.