South America Sports Drink Market Size
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 |
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.
South America Sports Drink Market Trends
This section covers the major market trends shaping the South America Sports Drinks Market according to our research experts:
Improving Food Consumption Pattern
The food consumption pattern in the country has become diverse; for example- consumers are preferring value-added food products, which render health benefits on the consumption of any food, thus, making sports drinks a viable option. The per capita consumption of sports drinks in the South America is increasing at a significant growth rate. Sports drink are considered a healthier choice than traditional soda beverages as they contain less sugar than traditional soda beverages. Some major companies like Coca-cola company and Pepsico Inc are providing various sports drink products.
Brazil Dominates the Market
The regions covered in the South America Sports Drinks Market report includes Brazil, Argentina, and Rest of South America. The huge rise in investment in the sports drink industry in the region has led to an increased demand in the region. Brazil is one of the most prominent countries in the region anticipated to hold the largest share of sports drink during the forecast period followed by the countries, like Argentina and other remaining countries. The availability of large consumer base with the rise in disposable income across the region is expected to fuel the market growth.
South America Sports Drink Industry Overview
The Sports Drinks Market in South America is moderately competitive. The prominent company in the market include PepsiCo, Inc. and the Coca-Cola Company, among others. The key strategies adopted by the players in the market are expansions, innovations, and new product launches to maintain competitiveness in the market. The companies have been introducing new and innovative products with the inclusion of naturally derived ingredients and additives, so as to make their product unique among the existing products.
South America Sports Drink Market Leaders
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Pepsico
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Coca Cola Company
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AJE Group
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Britvic PLC
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Otsuka Pharmaceutical Co
*Disclaimer: Major Players sorted in no particular order
South America Sports Drink Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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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 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Packaging Type
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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 Online Retail Stores
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5.2.4 Other Distribution Channels
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5.3 Geography
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5.3.1 Brazil
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5.3.2 Argentina
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5.3.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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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
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6.4.2 Coca Cola Company
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6.4.3 AJE Group
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6.4.4 Britvic PLC
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6.4.5 ALL SPORT, INC
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6.4.6 GU Energy Labs
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6.4.7 Otsuka Pharmaceutical Co
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Sports Drink Industry Segmentation
South America Sports Drinks Market is segmented by packaging and distribution channel. On the basis of packaging, the market is segmented into PET bottles, cans, and others. On the basis of distribution channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores and Other distribution channels.
Packaging Type | |
PET Bottles | |
Cans |
By Distribution Channel | |
Supermarkets/Hypermarkets | |
Convenience Stores | |
Online Retail Stores | |
Other Distribution Channels |
Geography | |
Brazil | |
Argentina | |
Rest of South America |
South America Sports Drink Market Research FAQs
What is the current South America Sports Drinks Market size?
The South America Sports Drinks Market is projected to register a CAGR of 3% during the forecast period (2024-2029)
Who are the key players in South America Sports Drinks Market?
Pepsico, Coca Cola Company, AJE Group, Britvic PLC and Otsuka Pharmaceutical Co are the major companies operating in the South America Sports Drinks Market.
What years does this South America Sports Drinks Market cover?
The report covers the South America Sports Drinks Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Sports Drinks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Sports Drink Industry Report
Statistics for the 2024 South America Sports Drink market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Sports Drink analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.