Latin America Sports and Energy Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast  2024-2032

Latin America Sports and Energy Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3924
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Market Overview:

The Latin America sports and energy drinks market size reached US$ 8.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.42% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 8.2 Billion
Market Forecast in 2032
US$ 16.0 Billion
Market Growth Rate (2024-2032) 7.42%


Sports and energy drinks replenish carbohydrates and electrolytes in the body lost while engaging in fitness and sports activities. These drinks are consumed by sports enthusiasts and athletes as they are rich in sodium, calcium, potassium and chlorides. They can be both aerated and non-aerated and may contain amino acids, caffeine, sweeteners and herbal extracts. At present, energy drinks are gaining immense popularity, particularly among young consumers, as they offer an instant boost of energy.

Rapid urbanization, inflating income levels and the increasing middle-class population, particularly in Brazil and Chile, are among the major factors positively influencing the growth of the sports and energy drinks market in Latin America. Apart from this, the growing consumer awareness about the benefits of consuming energy drinks and improving their health profile as well as lifestyle is driving the sales further. However, the market is facing disruptions in the supply chain due to the coronavirus disease (COVID-19) outbreak and lockdown restrictions imposed by governing agencies of different countries. The market is anticipated to recover once normalcy is introduced and lockdown restrictions are uplifted.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Latin America sports and energy drinks market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type, packaging type, distribution channel, type, and target consumer.

Sports Drink

Breakup by Product Type:

  • Isotonic
  • Hypertonic
  • Hypotonic
     

Breakup by Packaging Type:

  • Bottle (Pet/Glass)
  • Can
  • Others
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online 
  • Others
     

Breakup by Country:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
     

Energy Drink

Breakup by Product:

  • Alcoholic 
  • Non-Alcoholic
     

Breakup by Type:

  • Non-Organic
  • Organic
     

Breakup by Packaging Type:

  • Bottle (Pet/Glass) 
  • Can
  • Others
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets 
  • Convenience Stores
  • Online
  • Others
     

Breakup by Target Consumer:

  • Teenagers 
  • Adults 
  • Geriatric Population
     

Breakup by Country:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Latin America sports and energy drinks market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Latin America sports and energy drinks market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the packaging type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the target consumer?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Latin America sports and energy drinks market and who are the key players?
  • What is the degree of competition in the industry?

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Latin America Sports and Energy Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast  2024-2032
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