Food & Beverages
The global sports and energy drinks market reached US$ 105.4 Billion in 2023. As per the analysis by IMARC Group, top companies are focusing on using natural ingredients and functional additives, such as electrolytes, vitamins, minerals, and adaptogens, to enhance the performance and recovery benefits of sports and energy drinks. Moreover, they are engaged in product innovation, expanding their distribution networks globally, and increasing their marketing efforts to target health-conscious and active lifestyle consumers through celebrity endorsements. In addition, leading players are adopting smart packaging solutions with QR codes, interactive labels, and temperature-sensitive labels to improve user experience and provide additional functionalities. These technologies enable accessing nutritional information and indicate when the beverage is at its optimal serving temperature. Looking forward, IMARC Group expects the market value to reach US$ 160.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.
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The global sports and energy drinks market has several major players including Abbott Nutrition, AJE GROUP, Britvic PLC, Distell Group Holdings Limited, Fraser & Neave Holdings Bhd, GlaxoSmithKline plc, Red Bull GmbH, Rockstar Energy Inc., The Coca-Cola Company, PepsiCo, Inc., AriZona Beverages USA, LLC, National Beverage Corp., Keurig Dr Pepper Inc., Living Essentials LLC, Cloud 9 Beverages Private Limited, Vitale Beverages Pvt Ltd etc. More information about these companies has been provided below.
Establishment: |
1964 |
Headquarters: |
Illinois, United States |
Website: |
https://www.abbottnutrition.com/ |
Abbott Nutrition is a subsidiary of Abbott Laboratories, an American multinational medical devices and health care company. It offers a range of products specifically designed to meet the unique nutritional needs of infants and children that aim to support healthy growth and development during the early stages of life. It also provides formulas that help with the dietary management of inherited metabolic conditions. Some of their well-known brands include Similac, PediaSure, Pedialyte, Ensure, Glucerna, ZonePerfect, Abound, Juven, Nepro, and Suplena.
Establishment: |
1988 |
Headquarters: |
Lima, Peru |
Website: |
https://www.ajegroup.com/ |
AJE GROUP is a Peruvian multinational company that specializes in the manufacturing, distributing, and selling alcoholic and non-alcoholic beverages. It operates in 22 countries across five continents, making it one of the largest Latin American multinational companies. It has approximately 10,000 employees and manages 17 trademarks in 48 different presentations of PET and glass bottles, and cans. The company focuses on maintaining a low-cost economic plan by producing its own plastic bottles, which provide a cost-effective alternative to glass returnable bottles.
Headquarters: |
Hemel Hempstead, United Kingdom |
Website: |
https://www.britvic.com/ |
Britvic PLC produces soft drinks and has a diverse range of product portfolio that includes energy drinks, packaged water, carbonates, syrups, juice, squash, and sparkling soda. The company aims to become the most dynamic soft drinks company, which creates a better future for people and the world. Its brands include drench, J2O, Tango, Robinsons, and MiWadi and Ballygowan, which are distributed mainly across the UK, Ireland, and France.
Establishment: |
2000 |
Headquarters: |
Western Cape, South Africa |
Website: |
https://www.extremedrink.co.za/ |
Distell Group Holdings Limited is involved in the production, marketing, and distribution of wines, spirits, ciders, and ready-to-drink (RTD) beverages. It operates through production sites and secondary production sites in South Africa, Namibia, and Eswatini, and distributes its products across North America, Europe, Africa, Latin America, and Asia-Pacific. It has a diverse portfolio of brands, including Extreme, Klipdrift, Amarula, Gordon's, Tassenberg, Durbanville Hills, Nederburg, Drostdy-Hof, Savanna, Le Bonheur, and Plaisir de Merle. The company has a strong presence in the alcoholic beverage market and offers a range of products to cater to different consumer preferences.
Establishment: |
1883 |
Headquarters: |
Malaysia |
Website: |
https://www.fn.com.my/ |
Fraser & Neave Holdings Bhd is a company involved in the manufacturing and distribution of dairy products and beverages. Its product portfolio includes isotonic drinks, tea, packaged water, energy drinks, soy drinks, juices, carbonated soft drinks, condensed and evaporated milk, and liquid milk. It markets its products under various brand names, such as 100PLUS, F&N Fun Flavours, Fruit Tree, Borneo, Ranger, est Cola, Gold Coin, Farmhouse, Ice Mountain, Oyoshi, F&N Seasons, F&N NutriSoy, Cap Junjung, Ideal, Tea PotCarnation, and F&N.
Establishment: |
2000 |
Headquarters: |
Brentford, United Kingdom |
Website: |
https://www.gsk.com/ |
GlaxoSmithKline plc is a global biopharmaceutical company with a focus on uniting science, technology, and talent to tackle various diseases. It is involved in the research, development, manufacturing, and marketing of a wide range of pharmaceutical products, including treatments for respiratory diseases, HIV/AIDS, infectious diseases, vaccines, and consumer healthcare products. It invests heavily in research and development (R&D) to discover and develop new medicines and therapies. Apart from this, the company is also offering protein bars, sports drinks and powders.
Establishment: |
1984 |
Headquarters: |
Salzburg, Austria |
Website: |
https://www.redbull.com/ |
Red Bull GmbH is known for its range of energy drinks and its sponsorship of various sporting events and teams. It operates in over 171 countries and has a strong presence in Western Europe, the USA, and other countries. The company also sponsors and organizes music-related activities and events, such as the Red Bull Music Academy and the Red Bull Batalla de Los Gallos freestyle competition.
Establishment: |
2001 |
Headquarters: |
New York, United States |
Website: |
https://www.rockstarenergy.com/ |
Rockstar Energy Inc. offers a range of flavors and product lines, including the original Rockstar Energy Drink, Sugar Free Rockstar, Pure Zero, Xdurance, Recovery, and Juiced. It is known for its sponsorship of action sports and music events. It also sponsors several action sports competitors, including motorcycle riders, rallycross drivers, off-road truck drivers, and drifters.
Establishment: |
1886 |
Headquarters: |
Georgia, United States |
Website: |
https://www.coca-colacompany.com/ |
The Coca-Cola Company is a multinational beverage corporation known for its iconic soft drink, Coca-Cola. It offers a wide range of beverages, including carbonated drinks, juices, teas, and energy drinks. The company operates in over 200 countries and sells more than 500 brands. Its success can be attributed to its strong marketing strategies, global distribution network, and commitment to innovation.
Establishment: |
1965 |
Headquarters: |
New York, United States |
Website: |
https://www.pepsico.com/ |
PepsiCo, Inc. is a prominent multinational food and beverage company that has built a strong reputation for its extensive portfolio of popular brands. Its product lineup includes well-known names such as Pepsi, Mountain Dew, Lay's, Gatorade, Tropicana, and Quaker Oats, among others. It has achieved significant revenue and profit growth, a testament to its ability to capture consumer interest and its strategic leadership approach.
Establishment: |
1971 |
Headquarters: |
New York, United States |
Website: |
https://drinkarizona.com/ |
AriZona Beverages USA, LLC is a privately held beverage company known for its wide range of flavored teas, juices, and energy drinks. It is best known for its signature product, AriZona Iced Tea, which comes in various flavors and is packaged in distinctive tall cans. The company also offers a variety of other beverages, including fruit juices, lemonades, and energy drinks. The company also takes pride in using high-quality ingredients and natural flavors in its products, which caters to health-conscious consumers.
Establishment: |
1985 |
Headquarters: |
Florida, United States |
Website: |
https://www.nationalbeverage.com/ |
National Beverage Corp. is an American beverage company that specializes in the production and distribution of a wide range of carbonated and non-carbonated beverages. It is known for its popular brands, including LaCroix, Shasta, Faygo, and Everfresh. LaCroix. It has gained significant popularity in recent years for its flavored sparkling water, which has become a favorite among health-conscious consumers looking for a refreshing and calorie-free alternative to sugary drinks.
Establishment: |
2008 |
Headquarters: |
United States |
Website: |
https://www.keurigdrpepper.com/ |
Keurig Dr Pepper Inc. is known for its innovative single-serve brewing systems, such as the Keurig coffee makers, which allow consumers to enjoy a wide variety of hot and cold beverages conveniently. Its coffee brands include Green Mountain Coffee Roasters, The Original Donut Shop, and Tully's Coffee, among others. It offers popular soft drink brands like Dr Pepper, 7UP, Snapple, Canada Dry, and A&W.
Headquarters: |
Michigan, United States |
Website: |
https://5hourenergy.com/ |
Living Essentials LLC is a privately-held company that produces, packages, and distributes 5-Hour Energy brand energy shots. The two-ounce energy shot is positioned as an alternative to larger 12- or 16-oz. functional beverages. The drink is made using coffee and other ingredients to offer a quick boost of energy.
Establishment: |
2008 |
Headquarters: |
Mumbai, India |
Website: |
http://www.thecloud9corp.com/ |
Cloud 9 Beverages Private Limited offers a wide range of refreshing energy drinks and carbonated and fresh fruit-based beverages. The company’s drinks are sold in over 30,000 stores and can be found in some of the leading hotels, restaurants and pubs. It focuses on adhering to the top production standards, quality and innovation, and building consumer trust.
Establishment: |
1999 |
Headquarters: |
Gujarat, India |
Website: |
https://www.vitalebeverages.com/ |
Vitale Beverages Pvt Ltd is an Indian beverage company that specializes in the production and distribution of a wide range of refreshing and healthy beverages. It is known for its commitment to using natural and high-quality ingredients in its products. It offers a diverse range of beverages, including fruit juices, flavored water, energy drinks, and functional beverages. It focuses on creating beverages that not only taste great but also provide nutritional benefits to consumers.
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About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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