NEW YORK, Jan. 3, 2022 /PRNewswire/ -- The global electrolytes market is fragmented and is expected to witness substantial growth during 2020 and 2025. Over the years, the consumption of electrolytes mixes has significantly grown with young consumers becoming increasingly aware of various sources of energy. In addition, the proliferation of organized retail outlets, increasing consumer interest in fitness activities, and the launch of new flavors of electrolyte mixes are expected to create significant growth opportunities for players in the market during the forecast period.
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The health benefits of electrolyte mixes have been instrumental in driving the growth of the market. Electrolyte mixes contain various minerals such as sodium, potassium, calcium, and magnesium. These minerals help to stimulate muscles and nerves and reduce muscle cramping. The consumption of electrolyte mixes also improves electrolyte balance in the body and reduces fatigue, nausea, dizziness, and enhances the ability to focus. Many such benefits are increasing the consumption of electrolyte mixes, which is driving the growth of the market.
However, the lack of awareness and availability of electrolyte mixes might hamper the market growth.
Electrolyte Mixes Market 2021-2025: Segmentation
Electrolyte Mixes Market is segmented as below:
- End-user
- Human
- Animal
- Geography
- North America
- Europe
- APAC
- South America
- MEA
By end-users, humans are the major consumers of electrolyte mix products. The segment is driven by the rising demand for sports drinks among fitness enthusiasts and the increasing consumption of fortified food and beverages.
By geography, North America will present several growth opportunities for electrolyte mixes manufacturers. The region currently holds 38% of the global market share. The strong presence of many regional and global vendors is fostering the growth of the market. The US and Canada are the key markets for electrolytes mixes in North America.
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Electrolyte Mixes Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Electrolyte Mixes Market, including some of the vendors such as Abbott Laboratories, Cargill Inc., Fonterra Co operative Group Ltd., LyteLine LLC, Nuun and Company Inc., PepsiCo Inc., Sequel Natural Ltd., Tailwind Nutrition, The Coca-Cola Co., and Ultima Replenisher. Backed with competitive intelligence and benchmarking, our research report on the electrolyte mixes market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Electrolyte Mixes Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist electrolyte mixes market growth during the next five years
- Estimation of the electrolyte mixes market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the electrolyte mixes market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electrolyte mixes market vendors
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Electrolyte Mixes Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.54% |
Market growth 2021-2025 |
USD 2.28 billion |
Market structure |
Fragmented |
YoY growth (%) |
10.50 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, China, Germany, Canada, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Abbott Laboratories, Cargill Inc., Fonterra Co operative Group Ltd., LyteLine LLC, Nuun and Company Inc., PepsiCo Inc., Sequel Natural Ltd., Tailwind Nutrition, The Coca-Cola Co., and Ultima Replenisher |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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