According to Future Market Insights research, during the projected period, the Global Non-GMO Verified Sports Drink market is expected to grow at a CAGR of 5.0%. The market value is projected to increase from USD 9406.8 Million in 2022 to USD 15322.8 Million by 2032. The Non-GMO Verified Sports Drink was valued at USD 8976 Million at the end of 2021.
Attributes | Details |
---|---|
Market Size Value in 2022 | USD 9406.8 Million |
Market Forecast Value in 2032 | USD 15322.8 Million |
Global Growth Rate (2022 to 2032) | 5.0% CAGR |
Forecast Period | 2022 to 2032 |
Market Share of the UK in Europe | 5% |
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A product has been evaluated for compliance with the Non-GMO Project Standard in order to become Non-GMO Verified. The Non-GMO Project Standard is a list of specifications that cover the entire lifecycle of the product, from seed to shelf. Products must go through a thorough verification process in order to be Non-GMO Verified.
The main factor driving the demand for non-GMO marked products is rising public awareness of the possible health and environmental risks associated with GMO-based foods and beverages.
The historical outlook and projections of the market for the world in 2017 were USD 7441.1 Million During the projection period, it is anticipated that the global market for sports drinks will expand at a CAGR of 5% (2022 to 2032). Consumers' rising health consciousness, rising disposable incomes, and evolving lifestyles are some of the drivers driving the industry.
However, the strict limitations on the amount of sugar and artificial sweeteners in sports drinks limit market expansion. In addition, other markets like functional water and energy drinks are putting competition on sports drinks.
Sports drinks made from GMOs are particularly criticized because they have poor nutritional value and lack antibiotic resistance.
Additionally, GMO drinks contain significant amounts of corn-based artificial sweeteners, raising concerns about their sugar content. According to FMI's research, if athletes use GMO sports drinks frequently throughout the day, the excessive citric acid that these drinks contain to balance their sweetness may cause teeth erosion.
Isotonic beverage demand has expanded as a result of the sports industry's rising desire for low-calorie, plant-based beverages that are mineral-rich. Isotonic drinks offer a rapid and simple means of resolving dehydration-related problems. Sports Drinks serve as the ideal isotonic beverage because they don't include artificial sugar. The global sports drinks market has grown as a result of the sports industry's rising demand for fluid goods.
The largest level of consumer awareness of the health benefits of non-GMO confirmed sports drinks is in North America, which is currently driving demand. The trend is likely to continue during the course of the projected time, enhancing the global market's revenues. The well-established sports drink market in North America is another factor that will probably lead to an increase in demand for non-GMO beverages in the near future.
According to the analysis of FMI, Asia Pacific may grow into a very lucrative industry within the anticipated time. The principal driver of the industry's predicted growth is the rising popularity of sports beverages among both athletes and non-athletes. A secondary driver is the market's relatively low penetration of non-GMO confirmed products.
Dividing the world into seven major regions-North America, Latin America, Western Europe, Eastern Europe, and Asia-Pacific except for Japan (APEJ), the Middle East and Africa (MEA), and Japan-the non-GMO verified sports drinks industry is regionally analyzed.
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The number of manufacturers and suppliers that can satisfy this demand will increase along with the demand for non-GMO Verified Sports Drink. This is wonderful news for the environment and for human health because it means there are fewer dangerous chemicals and contaminants in our food supply due to the increase in non-GMO products.
The non-GMO verified sports drink business has grown significantly during the past few years. This is a result of a number of things, including rising knowledge of the advantages of consuming non-GMO Verified Sports Drink for one's health and the environment. Additionally, a lot of people think non-GMO products taste better and provide them more energy than regular items.
Following the recent reports of the health risks associated with GMO foods, it has been found that an increasing number of people prefer organic food products. However, compared to conventional and GMO food products, organic food is comparatively more expensive, both in terms of cultivation costs and market prices. Due to their safety and affordability, non-GMO goods are becoming increasingly popular. Key players for Non-GMO Verified Sports Drink in the Market: GoodOnYa (US), Golazo (U.S.), Rize (US), Power On, Accelerade, Vega Sports, and Ultima Replenisher.
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered |
North America; Latin America; Europe; Asia Pacific; Oceania; Middle East & Africa (MEA) |
Key Countries Covered |
The USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered |
By Type, By End-user, By Distribution Channel |
Key Companies Profiled |
GoodOnYa (USA); Golazo (USA); Rize (USA); Power On (USA); Accelerade (USA); Vega Sports (USA); Ultima Replenisher (USA) |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The Non-GMO Yogurt market is expected to reach USD 9,406.8 million by 2022.
The USA, Germany, Japan, and China are major demand drivers.
The market is expected to surpass USD 15,322.8 million by 2032.
The U.S. market is expected to grow at a 32.5% CAGR by 2022.
Germany contributes 24.0% of the total market share by 2022.
The Australian market will grow at a 2.4% CAGR by 2022.
The Japan market will grow at 11.3% CAGR from 2022 to 2032.
China contributes 6.0% of the market share by 2022.
The UK contributes 5% of the market share by 2022.
India holds 5.1% of the market share by 2022.
Estimated Industry Size (2025E) | USD 56,230.4 million |
---|---|
Projected Industry Value (2035F) | USD 129,499 million |
Value-based CAGR (2025 to 2035) | 8.7% |
Estimated Industry Size (2024E) | USD 2.6 billion |
---|---|
Projected Industry Value (2034F) | USD 5.7 billion |
Value-based CAGR (2024 to 2034) | 8.2% |
Market Size (2023) | USD15,836.90 million |
---|---|
Market Projected Size (2033) | USD 30,061.73 million |
Market Forecasted Value CAGR (2023 to 2033) | 7.0% |
Market Size Value in 2022 | USD 5,783.9 Million |
---|---|
Market Forecast Value in 2032 | USD 24,436.5 Million |
Growth Rate (2022 to 2032) | 15.5% CAGR |
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