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USA Sports Drink Market

Dominated by Giants Such as Gatorade and Powerade, Yet Holding Immeasurable Growth Potential for New Start-ups! Find Out with FMI Which Strategies Are Empowering Sports Drink Start-ups in the USA to Improve their Presence!

USA Sports Drink Market by Product Type, Distribution Channel, Flavor, Form, Packaging Material & Region | Forecast 2023 to 2033

United States Sports Drink Market Outlook (2023 to 2033)

The USA sports drink market size is expected to be valued at US$ 7.6 billion in 2023. By 2033, it is set to reach a massive valuation of US$ 10.9 billion. Total sports drink sales across the USA are slated to increase at a CAGR of 3.7% between 2023 and 2033.

Rising focus on improving health and fitness, increasing sports activities, and growing popularity of protein-infused sports drinks are a few of the key factors driving the USA sports drink industry forward.

Sports drinks have become incredibly popular in the United States for the past few years and the trend is expected to continue during the forecast period. The main population consuming sports drinks are the millennials and young adults. Growing preference for functional healthy drinks in the USA, especially millennials, is expected to elevate the demand for sports drinks during the assessment period.

Consumers are increasingly looking for different kinds of sports drinks and beverages to meet their nutritional and hydration needs in line. Rising inclination towards more active lifestyles fuels interest in sports like soccer and football as well as other leisure activities, which will increase demand for sports beverages in the USA.

Similarly, rising health-conscious population who want to get the most out of their workouts while also minimizing their sugar and calorie intake along with growing popularity of protein-packed sports drinks or protein-infused sports drinks is expected to boost sports drink demand across the USA during the forecast period.

Growing inclination toward clean-label products and development of organic sports drinks are likely to fuel sports drink sales in the country over the projection period. As consumers look for ways to reduce their exposure to chemicals and artificial ingredients, manufacturers of sports drinks have started using natural ingredients like fruit juices and plant extracts in their products. This will bode well for the market. New sports drinks with low sugar content, innovative flavors, and natural ingredients are storming the USA market.

Celebrity endorsement and increasing advertisements by sports drink manufacturers are providing a strong thrust to the market expansion across the USA. About 72% of the USA sports drink market is held by Gatorade, while about 16% market share is contributed by Powerade. Despite their supremacy, new start-ups are entering this market space with innovative sports drinks with advanced formulas. For instance, in 2022, a new sports drink called Prime Hydration was created by Youtubers KSI and Logan Paul.

Attribute

Key Insights

USA Sports Drink Market Estimated Value (2023E)

US$ 7.6 billion

Projected Market Value (2033F)

US$ 10.9 billion

Value-based CAGR (2023 to 2033)

3.7%

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Demand Analysis of the USA Sports Drinks (2018 to 2022) Vs Sales Forecast (2023 to 2033)

Total sports drink demand across the USA increased at a significant pace during the historical period from 2018 to 2022. However, for the projection period (2023 and 2033), a moderate CAGR of 3.7% has been predicted by Future Market Insights for the USA sports drink industry.

Sports drinks are becoming more and more common in the USA, particularly among athletes and anyone who engages in intense exercise. The primary factors influencing growth in the USA sports drink industry include rising demand for different functional beverages due to increasing health awareness and growing demand from millennials.

The country's beverage companies are focusing on raising the demand for their sports drinks using a variety of endorsements from well-known athletes and celebrities as well as promotional campaigns at festivals and events, among other things. This is stimulating the country's market development and the trend is likely to continue during the assessment period.

Market-o-Nomics – Highlighting the Key Trends

Several important factors have been highlighted by FMI that are projected to impact the market dynamics of the USA sports drink industry during the assessment period (2023 to 2033). Besides this, FMI analysts have also examined the emerging trends restraining elements, upcoming threats, and lucrative opportunities that can somehow impact sports drink sales across the USA

The drivers, restraints, opportunities, and threats identified are as follows:

DRIVERS

  • Increasing sports activities across the USA is expected to drive the sports drink market swiftly during the forecast period.
  • Growth in the population of health-conscious consumers who want to get the most out of their workouts will elevate sports drink demand in the USA
  • Rising popularity of protein-infused drinks is expected to boost sports drink sales across the USA over the projection period.

RESTRAINTS

  • Health risks (such as obesity) associated with excessive consumption of sports drinks is restraining the market development.
  • Lack of any solid evidence supporting the claims of sports drinks being healthy and beneficial is also limiting market expansion.

OPPORTUNITIES

  • Introduction and popularity of organic sports drinks will create lucrative opportunities for sport drink manufacturers across the USA.
  • Rising demand for ready-to-drink sports beverages is expected to fuel market expansion during the assessment period.
  • Easy availability of sports drinks through online shopping platforms will boost sports drink sales in the USA over the projection period.
  • Celebrity endorsement strategy adopted by the USA sports drink manufacturers to woo more and more customers is expected to help the market thrive rapidly during the assessment period.

THREATS

  • High cost of sports drinks is likely to limit market expansion over the assessment period.
  • Development of health conditions such as dental caries and overweight due to excessive sugar content in numerous sports drinks is also negatively influencing the market development.
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Top Trends Shaping the USA Sports Drink Industry

Inclination Towards Sustainable Packaged Products to Boost the USA Sports Drink Market

Rising concerns regarding increased packaging waste in the environment has prompted sports drink companies to use sustainable and eco-friendly packaging solutions for their beverage. Consumers are also opting for sports drink brands that feature sustainable packaging. This trend is having a deep impact on the USA sports drinks industry and the trend is expected to further escalate during the forecast period amid enforcement of stringent regulations by government.

The most widely used sustainable packaged product is PET bottles. PET bottles are safe, lightweight, and fully recyclable packaging solutions that are being increasingly used by sports drink companies.

Due to their transparency, stability, high-pressure resistance, and lightweight, PET bottles are also commonly recommended by producers as a container for their products. Manufacturers have started offering their products in reusable, BPA-free bottles in response to the growing worries about the use of plastic.

The market's largest participants, such as PepsiCo Inc. and The Coca-Cola Company, are attempting to lower their carbon footprint by using eco-friendly packaging techniques. These aforementioned factors are estimated to have a positive impact on the USA sports drink market development.

Favorable Government Policies Positively Affecting USA Sports Drinks Market

Over the past few years, the industry has been significantly influenced by the rise in government efforts and the presence of numerous companies in the USA that are intended to boost sports participation. For instance, the “National Youth Sports Strategy” was unveiled by the USA Department of Health and Human Services in 2019 to boost young people's involvement in sports and physical education.

This is also the first government roadmap that outlines actions the country can do to guarantee that every young person in the nation has the chance, desire, and accessibility to play sports. ?With increasing sports activities and high participation of youth, demand for sports drinks will eventually rise rapidly across the country, thereby creating lucrative revenue-generation opportunities for sports drink companies.

Category-wise Insights

Which is the Most Popular Product Type in the Market?

Isotonic Sports Drinks Remain the Highly Sought-After Product Type

Based on product type, the market for sports drinks is segmented into isotonic sports drinks, hypotonic sports drinks, and hypertonic sports drinks. Among these, isotonic sports drinks segment holds a prominent share of the USA sports drinks industry and the trend is likely to continue during the forecast period. This is attributed to rising preference for isotonic sports drinks due to their ability to quickly provide high energy and electrolytes.

Isotonic sports drinks contain a similar concentration of sugars, fluid, and salt as that of blood. They help to rapidly replace fluids in the body lost during strenuous activities, while also providing more carbohydrates. Most of the sports drinks in the USA market are isotonic.

Will Flavored Sports Drinks Continue to hold a Prominent Share of the USA Market?

Flavored Sports Drinks to Generate Lucrative Revenues Through 2033

Based on flavor, the USA sports drinks industry is categorized into flavored sports drinks and unflavored sports drinks. As per Future Market Insights, the flavored segment will continue to dominate the USA market during the forecast period owing to rising consumer preference for flavored sports drinks over its counterpart.

Flavored segment is further divided into citrus, berries, mocha, pomegranate, apple, mint, blends (mix), cola, watermelon, and other flavors. Given that consumers have a variety of drinks to choose from that suit their tastes and preferences, the demand for flavored sports drinks is currently rising and the trend is expected to continue during the assessment period. For instance, businesses are selling a variety of flavored sports drinks in flavors including grapes, lemon, mixed berries, orange, and citrus. These beverages also have extra proteins, minerals, and vitamins, making them not only more palatable but also highly nutritional as well.

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Competitive Landscape

Leading sports drink manufacturers are constantly introducing natural sports drinks with innovative flavors to attract more and more customers. Besides this, they are employing various strategies such as partnerships, acquisitions, mergers, advertisements, research and development activities, and strengthening distribution channels to increase their revenue share as well as expand their footprint.

Similarly, new start-ups are entering this market space to grab emerging opportunities. They are using celebrity endorsement as their key marketing tool to promote their brand or products.

Recent Developments:

  • In 2021, GoodSport, a sports hydration drink made from milk components was launched by a Chicago-based start-up called GoodSport Nutrition. The new natural sports drink provides long-lasting hydration and contains less sugar.
  • In February 2021, a new sports drink called ‘Ready” was launched by Ready Nutrition. The new drink contains essential elements to replenish much required electrolytes, carbohydrates, and fluids during performance.

Scope of the Report

Attribute

Details

Estimated Market Size (2023)

US$ 7.6 billion

Projected Market Size (2033)

US$ 10.9 billion

Anticipated Growth Rate (2023 to 2033)

3.7% CAGR

Forecast Period

2023 to 2033

Historical Data Available for

2018 to 2022

Market Analysis

US$ billion for Value and MT for Volume

Key Segments Covered

Product Type, Distribution Channel, Flavor, Form, and Packaging Material

Key Companies Profiled

  • Gatorade
  • Powerade
  • Body Armor
  • Monster Hydro
  • Aquarius
  • Melaleuca
  • Bulletproof FAT water
  • Honest Sport
  • Muscle Milk
  • Staminade
  • Hammer Nutrition HEED

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

USA Sports Drink Market by Category

By Product Type:

  • Isotonic
  • Hypotonic
  • Hypertonic

By Distribution Channel:

  • Offline
    • Store-Based Retailing
    • Hypermarkets /Supermarket
    • Convenience Stores
    • Mom and Pop Stores
    • Discount Stores
    • Specialty Stores
    • Independent Small Groceries
  • Online Retail

By Flavor:

  • Unflavored
  • Flavored
    • Citrus.
    • Berries
    • Mocha
    • Pomegranate
    • Apple
    • Mint
    • Blends (Mix)
    • Cola
    • Watermelon
    • Others

By Form:

  • Powdered
  • Liquid

By Packaging Material:

  • Metal
  • PET/Plastic
  • Glass

Frequently Asked Questions

The USA sports drink market size is forecast to reach around US$ 7.6 billion by 2023.

Sports drink demand across the USA is expected to increase at 3.7% CAGR between 2023 and 2033.

By 2033, the USA sports drink market value is anticipated to reach about US$ 10.9 billion.

Increasing inclination towards active lifestyles, growing popularity of free-from trend, and introduction of new protein-infused sports drinks are a few of the emerging trends shaping the USA sports drink industry.

Based on the distribution channel, the store-based retailing sub-segment is expected to lead the market during the forecast period.

Table of Content

1. Executive Summary

        1.1. USA Market Outlook

        1.2. Demand-side Trends

        1.3. Supply-side Trends

        1.4. Technology Roadmap Analysis

        1.5. Analysis and Recommendations

2. Market Overview

        2.1. Market Coverage / Taxonomy

        2.2. Market Definition / Scope / Limitations

3. Market Background

        3.1. Market Dynamics

            3.1.1. Drivers

            3.1.2. Restraints

            3.1.3. Opportunity

            3.1.4. Trends

        3.2. Scenario Forecast

            3.2.1. Demand in Optimistic Scenario

            3.2.2. Demand in Likely Scenario

            3.2.3. Demand in Conservative Scenario

        3.3. Product launches & Recent Developments

        3.4. Product Life Cycle Analysis

        3.5. Value Chain Analysis

            3.5.1. Supply Side Participants and their Roles

                3.5.1.1. Producers

                3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

                3.5.1.3. Wholesalers and Distributors

            3.5.2. % of Operating Margin Analysis

            3.5.3. List of Raw Material Suppliers

            3.5.4. List of Existing and Potential Buyer’s

        3.6. Market - Pricing Analysis

            3.6.1. Price Point Assessment by Product Type

            3.6.2. Price Forecast till 2033

            3.6.3. Factors affecting pricing

        3.7. Forecast Factors - Relevance & Impact

        3.8. Demand Assessment by Source

        3.9. Regulatory Landscape

            3.9.1. Packaging & Labelling Regulations

            3.9.2. Certifications and Certifying Agency Overview

            3.9.3. Import/Export Policies

        3.10. Production and Consumption Statistics

        3.11. Import and Export Statistics

        3.12. Consumers Survey Analysis

        3.13. Macro-Economic Factors

        3.14. Product Claims & Nutritional Information Scan by Buyers

4. Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

        4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022

        4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033

            4.2.1. Y-o-Y Growth Trend Analysis

            4.2.2. Absolute $ Opportunity Analysis

5. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type

        5.1. Introduction / Key Findings

        5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis by Product Type, 2018 to 2022

        5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast by Product Type, 2023 to 2033

            5.3.1. Isotonic

            5.3.2. Hypotonic

            5.3.3. Hypertonic

        5.4. Y-o-Y Growth Trend Analysis by Product Type, 2018 to 2022

        5.5. Absolute $ Opportunity Analysis by Product Type, 2023 to 2033

6. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel

        6.1. Introduction / Key Findings

        6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis by Distribution Channel, 2018 to 2022

        6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast by Distribution Channel, 2023 to 2033

            6.3.1. Offline

                6.3.1.1. Store-Based Retailing

                6.3.1.2. Hypermarkets /Supermarket

                6.3.1.3. Convenience Stores

                6.3.1.4. Mom and Pop Stores

                6.3.1.5. Discount Stores

                6.3.1.6. Specialty Stores

                6.3.1.7. Independent Small Groceries

            6.3.2. Online Retail

        6.4. Y-o-Y Growth Trend Analysis by Distribution Channel, 2018 to 2022

        6.5. Absolute $ Opportunity Analysis by Distribution Channel, 2023 to 2033

7. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Flavor

        7.1. Introduction / Key Findings

        7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis by Flavor, 2018 to 2022

        7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast by Flavor, 2023 to 2033

            7.3.1. Unflavored

            7.3.2. Flavored

                7.3.2.1. Citrus

                7.3.2.2. Berries

                7.3.2.3. Mocha

                7.3.2.4. Pomegranate

                7.3.2.5. Apple

                7.3.2.6. Mint

                7.3.2.7. Blends (Mix)

                7.3.2.8. Cola

                7.3.2.9. Watermelon

                7.3.2.10. Others

        7.4. Y-o-Y Growth Trend Analysis by Flavor, 2018 to 2022

        7.5. Absolute $ Opportunity Analysis by Flavor, 2023 to 2033

8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form

        8.1. Introduction / Key Findings

        8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis by Form, 2018 to 2022

        8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast by Form, 2023 to 2033

            8.3.1. Powdered

            8.3.2. Liquid

        8.4. Y-o-Y Growth Trend Analysis by Form, 2018 to 2022

        8.5. Absolute $ Opportunity Analysis by Form, 2023 to 2033

9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Material

        9.1. Introduction / Key Findings

        9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis by Packaging Material, 2018 to 2022

        9.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast by Packaging Material, 2023 to 2033

            9.3.1. Metal

            9.3.2. Pet/Plastic

            9.3.3. Glass

        9.4. Y-o-Y Growth Trend Analysis by Packaging Material, 2018 to 2022

        9.5. Absolute $ Opportunity Analysis by Packaging Material, 2023 to 2033

10. Market Structure Analysis

        10.1. Competition Dashboard

        10.2. Competition Benchmarking

        10.3. Market Share Analysis of Top Players

            10.3.1. By Product Type

            10.3.2. By Distribution Channel

            10.3.3. By Flavor

            10.3.4. By Form

            10.3.5. By Packaging Material

11. Competition Analysis

        11.1. Competition Deep Dive

            11.1.1. Gatorade

                11.1.1.1. Overview

                11.1.1.2. Product Portfolio

                11.1.1.3. Profitability by Market Segments

                11.1.1.4. Sales Footprint

                11.1.1.5. Strategy Overview

                    11.1.1.5.1. Marketing Strategy

                    11.1.1.5.2. Product Strategy

                    11.1.1.5.3. Channel Strategy

            11.1.2. POWERADE

                11.1.2.1. Overview

                11.1.2.2. Product Portfolio

                11.1.2.3. Profitability by Market Segments

                11.1.2.4. Sales Footprint

                11.1.2.5. Strategy Overview

                    11.1.2.5.1. Marketing Strategy

                    11.1.2.5.2. Product Strategy

                    11.1.2.5.3. Channel Strategy

            11.1.3. Body Armor

                11.1.3.1. Overview

                11.1.3.2. Product Portfolio

                11.1.3.3. Profitability by Market Segments

                11.1.3.4. Sales Footprint

                11.1.3.5. Strategy Overview

                    11.1.3.5.1. Marketing Strategy

                    11.1.3.5.2. Product Strategy

                    11.1.3.5.3. Channel Strategy

            11.1.4. Monster Hydro

                11.1.4.1. Overview

                11.1.4.2. Product Portfolio

                11.1.4.3. Profitability by Market Segments

                11.1.4.4. Sales Footprint

                11.1.4.5. Strategy Overview

                    11.1.4.5.1. Marketing Strategy

                    11.1.4.5.2. Product Strategy

                    11.1.4.5.3. Channel Strategy

            11.1.5. Aquarius

                11.1.5.1. Overview

                11.1.5.2. Product Portfolio

                11.1.5.3. Profitability by Market Segments

                11.1.5.4. Sales Footprint

                11.1.5.5. Strategy Overview

                    11.1.5.5.1. Marketing Strategy

                    11.1.5.5.2. Product Strategy

                    11.1.5.5.3. Channel Strategy

            11.1.6. Melaleuca

                11.1.6.1. Overview

                11.1.6.2. Product Portfolio

                11.1.6.3. Profitability by Market Segments

                11.1.6.4. Sales Footprint

                11.1.6.5. Strategy Overview

                    11.1.6.5.1. Marketing Strategy

                    11.1.6.5.2. Product Strategy

                    11.1.6.5.3. Channel Strategy

            11.1.7. Bulletproof FAT water

                11.1.7.1. Overview

                11.1.7.2. Product Portfolio

                11.1.7.3. Profitability by Market Segments

                11.1.7.4. Sales Footprint

                11.1.7.5. Strategy Overview

                    11.1.7.5.1. Marketing Strategy

                    11.1.7.5.2. Product Strategy

                    11.1.7.5.3. Channel Strategy

            11.1.8. Honest Sport

                11.1.8.1. Overview

                11.1.8.2. Product Portfolio

                11.1.8.3. Profitability by Market Segments

                11.1.8.4. Sales Footprint

                11.1.8.5. Strategy Overview

                    11.1.8.5.1. Marketing Strategy

                    11.1.8.5.2. Product Strategy

                    11.1.8.5.3. Channel Strategy

            11.1.9. Muscle Milk

                11.1.9.1. Overview

                11.1.9.2. Product Portfolio

                11.1.9.3. Profitability by Market Segments

                11.1.9.4. Sales Footprint

                11.1.9.5. Strategy Overview

                    11.1.9.5.1. Marketing Strategy

                    11.1.9.5.2. Product Strategy

                    11.1.9.5.3. Channel Strategy

            11.1.10. Staminade

                11.1.10.1. Overview

                11.1.10.2. Product Portfolio

                11.1.10.3. Profitability by Market Segments

                11.1.10.4. Sales Footprint

                11.1.10.5. Strategy Overview

                    11.1.10.5.1. Marketing Strategy

                    11.1.10.5.2. Product Strategy

                    11.1.10.5.3. Channel Strategy

            11.1.11. Hammer Nutrition HEED

                11.1.11.1. Overview

                11.1.11.2. Product Portfolio

                11.1.11.3. Profitability by Market Segments

                11.1.11.4. Sales Footprint

                11.1.11.5. Strategy Overview

                    11.1.11.5.1. Marketing Strategy

                    11.1.11.5.2. Product Strategy

                    11.1.11.5.3. Channel Strategy

            11.1.12. Other Players (On Additional Requests)

                11.1.12.1. Overview

                11.1.12.2. Product Portfolio

                11.1.12.3. Profitability by Market Segments

                11.1.12.4. Sales Footprint

                11.1.12.5. Strategy Overview

                    11.1.12.5.1. Marketing Strategy

                    11.1.12.5.2. Product Strategy

                    11.1.12.5.3. Channel Strategy

12. Assumptions & Acronyms Used

13. Research Methodology

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List of Tables

Table 1: Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 2: Market Volume (MT) Forecast by Product Type, 2018 to 2033

Table 3: Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 4: Market Volume (MT) Forecast by Distribution Channel, 2018 to 2033

Table 5: Market Value (US$ Million) Forecast by Flavor, 2018 to 2033

Table 6: Market Volume (MT) Forecast by Flavor, 2018 to 2033

Table 7: Market Value (US$ Million) Forecast by Form, 2018 to 2033

Table 8: Market Volume (MT) Forecast by Form, 2018 to 2033

Table 9: Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033

Table 10: Market Volume (MT) Forecast by Packaging Material, 2018 to 2033

Table 11: Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 12: Market Volume (MT) Forecast by Product Type, 2018 to 2033

Table 13: Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 14: Market Volume (MT) Forecast by Distribution Channel, 2018 to 2033

Table 15: Market Value (US$ Million) Forecast by Flavor, 2018 to 2033

Table 16: Market Volume (MT) Forecast by Flavor, 2018 to 2033

Table 17: Market Value (US$ Million) Forecast by Form, 2018 to 2033

Table 18: Market Volume (MT) Forecast by Form, 2018 to 2033

Table 19: Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033

Table 20: Market Volume (MT) Forecast by Packaging Material, 2018 to 2033

Nandini Roy Choudhury
Principal Consultant
LinkedIn
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List of Charts

Figure 1: Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 2: Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 3: Market Value (US$ Million) by Flavor, 2023 to 2033

Figure 4: Market Value (US$ Million) by Form, 2023 to 2033

Figure 5: Market Value (US$ Million) by Packaging Material, 2023 to 2033

Figure 6: Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 7: Market Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 8: Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 9: Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 10: Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 11: Market Volume (MT) Analysis by Distribution Channel, 2018 to 2033

Figure 12: Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 13: Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 14: Market Value (US$ Million) Analysis by Flavor, 2018 to 2033

Figure 15: Market Volume (MT) Analysis by Flavor, 2018 to 2033

Figure 16: Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033

Figure 17: Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033

Figure 18: Market Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 19: Market Volume (MT) Analysis by Form, 2018 to 2033

Figure 20: Market Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 21: Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 22: Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033

Figure 23: Market Volume (MT) Analysis by Packaging Material, 2018 to 2033

Figure 24: Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033

Figure 25: Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033

Figure 26: Market Attractiveness by Product Type, 2023 to 2033

Figure 27: Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 28: Market Attractiveness by Flavor, 2023 to 2033

Figure 29: Market Attractiveness by Form, 2023 to 2033

Figure 30: Market Attractiveness by Packaging Material, 2023 to 2033

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