Recovery Drinks Market Is Predicted To Reach USD 46.9 Billion With A CAGR Of 10.9% According To Market Data Forecast Report.

Recovery Drinks Market Is Predicted To Reach USD 46.9 Billion With A CAGR Of 10.9% According To Market Data Forecast Report.

ID: 7646 | October 2018 | Region: Global

Recovery Drinks Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Recovery Drinks Market is estimated to be USD 28 billion in 2016 and predicted to rise to USD 46.9 billion by 2021 with a CAGR of 10.9%. The market is segmented by Product Type (Isotonic, Hypotonic and Hypertonic), by Ingredient Type (Vitamins, Electrolytes, Carbohydrates, Sodium, Proteins, Citric Acid and Others) and by End Users (Athletes, Casual drinkers, Recreational users and Lifestyle users). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Factors attributable for the growth of market are growing population base of athletic and fitness conscious consumers, Industrialization and mass production of functional beverages, increasing demand for RTD sports drinks. However, factors like Health issues caused by prolonged use of recovery drinks, high production costs and compliance with the manufacturing processes are hindering the growth of market.

Based on product type Isotonic drinks hold the major share in the market due to their benefits over others like fast energy production due to presence of carbs and are taken up by body as quickly as water. Hypotonic drinks are expected to grow the fastest due to increasing awareness among the consumers to keep their body hydrated. Athletes and fitness conscious consumers hold the major share in the market in terms of End-Users.

North America is leading the market regionally, followed by Asia-Pacific due to the presence of large population base of health-conscious consumers. Europe is expected to grow the fastest owing to its increasing disposable income, rise in living standards and growing adoption rate.

Some of the key manufacturers of Recovery Drinks are Abbott Nutrition Inc., Arla Foods, Champion Nutrition Inc., Cloud 9 Energy Drink, Coca-Cola Co., Dr Pepper Snapple Group Inc., Glaxosmithkline Plc., Nestle S.A., Red Bull GmbH and Pacifichealth Laboratories Inc.

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