Sports Drinks (Soft Drinks) Market in South Korea - Outlook to 2025; Market Size, Growth and Forecast Analytics
Sports Drinks (Soft drinks) Market in South Korea - Outlook to 2025; Market Size, Growth and Forecast Analytics is a broad level market review of Sports Drinks market in South Korea.
Performance-enhancing products, described as ‘isotonic’, ‘hypertonic’ or ‘hypotonic’, meaning ‘in balance with’, ‘lighter than’ and ‘heavier than’ body fluids, respectively. Products contain key electrolytes such as calcium, potassium, magnesium, sodium, as well as glucose syrup, maltodextrin, sweeteners and acidity regulators (eg sodium citrate, calcium carbonate, calcium hydroxide). Products may contain B complex group vitamins.
The category includes still or carbonated, ready to drink (rtd) products, non-ready to drink (non-rtd) powders and concentrates. It also contains fruit, non-fruit flavored products and liquid water enhancers. All powders and concentrates are expressed in ready to drink (rtd) volumes.
Excludes protein containing dairy or milk alternative sports nutrition drinks, specially formulated for consumers performing sports and exercise. Typically marketed as sports/performance nutrition for both professional and mainstream consumer use.
Sports Drinks market in South Korea registered a positive compound annual growth rate (CAGR) of 1.22% during the period 2015 to 2020 with a sales value of KRW 469,314.48 Million in 2020, a decrease of -6.77% over 2019. The market achieved its strongest performance in 2016, when it grew by 11.57% over its previous year and its weakest performance in 2020, when it fell by -6.77% over 2019.
The research handbook provides up-to-date market size data for period 2015-2020 and illustrative forecast to 2025 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Sports Drinks and its variants .
Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2017 to 2020 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.
Due to on going large scale uncertainties in the market due to COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture in to South Korea's Sports Drinks (Soft drinks) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Liters.
*Note: Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook