Nutrition Drinks Market Sales Growth Rate | Revenue Drivers Study| Application Analysis
The global
Market Insights:
Nutrition drinks market is expected to grow significantly in the forecast period due to increasing awareness among consumers for nutritious drinks. Nutritional drinks are healthy balance of carbohydrates, protein and fats. They are beneficial for individuals with appetite loss, bodybuilders and athletes, or patients recovering from illness.
Key Players:
• Boost
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Growth Drivers:
Factors influencing the growth of nutrition market are increase health conscious population, growing awareness of the health benefits associated with nutritional drinks, and rise in number of nutrition drinks manufacturers. Moreover, rise in adoption of nutrition drinks by sportsmen and athletes is also fuelling the market growth. However, easy availability of cheaper substitutes and adverse effects on human health due to overconsumption of nutritious drinks are hampering the growth of nutrition market.
Innovative marketing strategies and enhancements in packaging technology are few trends observed in the market. Additionally, rise in demand from developing economies is expected to offer opportunities to the market players for more production.
Market Segment:
Key regions
Regional Outlook:
Asia Pacific is expected to dominate the market due to growing popularity of sports that ultimately increases the demand for nutrition drinks. Further, North America and Middle East & Africa are also expected to lead the market in the forecast period.
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