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 US$ 9406.8 Million in 2022 to US$15322.8 Million by 2032. The Non-GMO Verified Sports Drink was valued at US$ 8976 Million at the end of 2021.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | US$9406.8 Million |
| Market Forecast Value in 2032 | US$15322.8 Million |
| Global Growth Rate (2022 to 2032) | 5.0% CAGR |
| Forecast Period | 2022 to 2032 |
| Market Share of the UK in Europe | 5% |
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A product has been evaluated for compliance with the Non-GMO Project Standard in order to become Non-GMO Verified. The Non-GMO Project Standard is a list of specifications that cover the entire lifecycle of the product, from seed to shelf. Products must go through a thorough verification process in order to be Non-GMO Verified.
The main factor driving the demand for non-GMO marked products is rising public awareness of the possible health and environmental risks associated with GMO-based foods and beverages.
The historical outlook and projections of the market for the world in 2017 were US$ 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.
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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 |
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| Key Segments Covered |
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| 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 global Non-GMO Yogurt market will reach a valuation of US$ 9,406.8 Million by the end of 2022.
The USA, Germany, Japan, and China are the major countries driving demand for Non-GMO Yogurt Market.
The global Non-GMO Yogurt market is forecasted to surpass US$ 15,322.8 Million by the end of 2032.
The US Non-GMO Yogurt market is expected to register 32.5% CAGR between 2022.
In Germany Non-GMO Yogurt Market is contributing 24.0% of total market share which values in year 2022.
The demand for Non-GMO Yogurt is expected to grow at 2.4% CAGR between 2022.
The Japan Non-GMO Yogurt market will grow at 11.3% CAGR between 2022 and 2032.
In China Non-GMO Yogurt Market is contributing 6.0% of the total market share values in the year 2022.
In UK Non-GMO Yogurt Market is contributing 5% of the total market share which values in the year 2022.
In India Non-GMO Yogurt Market is contributing 5.1% of the total market share values in the year 2022.
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Non-GMO Verified Sports Drink Market
