Japan Sports Drinks Market Size, Share, and COVID-19 Impact Analysis, By Packaging (PET Bottles, Cans, and Other Packaging), By Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other Channels), and Japan Sports Drinks Market Insights Forecasts 2022 to 2032
Industry: Food & BeveragesJapan Sports Drinks Market Insights Forecasts to 2032
- The Japan Sports Drinks Market Size was valued at USD XX Billion in 2022
- The Market Size is Growing at a CAGR of XX% from 2022 to 2032
- The Japan Sports Drinks Market Size is Expected to Reach USD XX Billion by 2032
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The Japan Sports Drinks Market Size is Expected to Reach USD XX Billion by 2032, at a CAGR of XX% during the forecast period 2022 to 2032.
Advertisements associated with high-profile sporting events are the primary drivers of the Japanese sports drink industry. The number of customers who participate in athletic activities for health reasons also drives demand for sports drinks.
Market Overview
Sports Drinks are functional beverages whose stated aim is to help athletes replace water, electrolytes, and energy before, during, and particularly after training or competition. People drink Sports Drink to replace the water and electrolytes lost from sweating during physical exercise. Electrolytes are minerals such as potassium, calcium, sodium, and magnesium that help to maintain the body's fluid balance. Sweating causes electrolyte and water loss. Sports drinks can also replenish carbohydrate stores depleted by physical activity. Sports drinks may contain carbohydrates in the form of sugar, electrolytes, protein, vitamins, or caffeine. There are several flavors to choose from. The two most common electrolytes found in sports drinks are potassium and sodium. Sports drink brands that are extremely popular include, among others, All Sport, Powerade, and Gatorade.
Report Coverage
This research report categorizes the market for Japan's Sports Drinks market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan Sports Drinks market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan Sports Drinks market.
Japan Sports Drinks Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD XX Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | XX% |
2032 Value Projection: | USD XX Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Packaging, By Distribution Channels |
Companies covered:: | AJE Group, PepSico Inc, The Coca-Cola Company, Lucozade, DANONE, Otsuka Pharmaceutical Co. Ltd, and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
Sports drinks are considered a healthier alternative to regular soft drinks because they contain less sugar, which drives market growth. The manufacturing of sports drinks containing natural ingredients, such as natural sweeteners, is expected to drive market growth by allowing manufacturers to add value to their products.
Restraining Factors
Consumer preference for natural and organic goods with fewer side effects hinders market growth. In recent years stringent government regulations governing the sports drinks industry might hamper market revenue.
Market Segment
- In 2022, the PET bottles segment accounted for the largest revenue share over the forecast period.
Based on the packaging, the Japan sports drinks market is segmented into PET bottles, cans, and other packaging. Among these, the PET bottles segment has the largest revenue share over the forecast period. PTE-type bottles are significantly light in weight and substantially reduce the raw materials. When compared to glass packaging, PET packaging consumes significantly less energy and natural resources during the manufacturing process. PET bottles are resistant to chemicals, shatterproof, flexible, and recyclable.
- In 2022, the supermarkets/hypermarkets segment accounted for the largest revenue share over the forecast period.
Based on distribution channels, the Japan sports drinks market is segmented into supermarkets/hypermarkets, convenience stores, online retail stores, and other channels. Among these, the supermarkets/hypermarkets segment has the largest revenue share over the forecast period. Supermarkets are found in congested areas. Furthermore, buyers receive high-quality goods at lower prices, and profit margins are reduced.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan Sports Drinks market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- AJE Group
- PepSico Inc
- The Coca-Cola Company
- Lucozade
- DANONE
- Otsuka Pharmaceutical Co. Ltd
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at regional, and country levels from 2021 to 2032. Spherical Insights has segmented the Japan Sports Drinks Market based on the below-mentioned segments:
Japan Sports Drinks Market, By Packaging
- PET Bottles
- Cans
- Other Packaging
Japan Sports Drinks Market, By Distribution Channels
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail Stores
- Other Channels
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