The global electrolyte mixes market size is expected to grow from $4.09 billion in 2021 to $4.74 billion in 2022 at a compound annual growth rate (CAGR) of 15.9%. The global electrolyte mix market size is expected to grow to $7.94 billion in 2026 at a CAGR of 13.8%.
What is the Global Electrolyte Mixes Market?
The electrolyte mixes global market consists of sales of electrolyte mixes by entities (organizations, sole traders, and partnerships) that are engaged in the production of electrolyte mixes. Electrolytes are minerals that have an electric charge and are found in the blood and help to regulate body functions. These minerals play a vital role in controlling blood pressure, muscle contraction, and are responsible for the proper functioning of the system. Electrolyte powders aid in the restoration and replacement of key vitamins and minerals in the body. They also contain more electrolytes and include less sugar and calories than regular sports beverages.
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What drives the Global Electrolyte Mixes Market?
The growing health and fitness industry is expected to propel the expansion of the electrolyte mixes global market in the forecast period. The health and fitness business has seen tremendous growth in recent years as more individuals participate in exercise activities and increasing demand for items such as electrolyte mixes, which serve to facilitate vital biological functions. According to the International Health, Racquet and Sportsclub Association (IHRSA) report, the global fitness sector generated a revenue of $96.7 billion in 2019 and is expected to reach $102 billion in 2021. Therefore, the upsurge in the health and fitness sector drives the growth of the electrolyte mixes global market.
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Global Electrolyte Mixes Market Segments
The global electrolyte mixes global market is segmented:
By Product Type: RTD Beverages, Electrolyte Powders, Tablets, Others
By Application: Energy Drink, Medical Solution, Others
By Distribution Channel: Supermarkets/ Hypermarkets, Convenience Stores, Pharmacies, Online Retail, Others
By Geography: The regions covered in the electrolyte mixes global market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Electrolyte Mixes Global Market Report 2022provides market size and growth forecasts for the global electrolyte mixes market, global electrolyte mixes global market share, electrolyte mixes global market segments and geographies, electrolyte mixes global market competitive landscape including leading competitors’ revenues, profiles and market shares. The electrolyte mixes global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Electrolyte Mixes Industry Playersinclude PepsiCo Inc., The Coca-Cola Company, LyteLine LLC, Nestle Health Science S.A., Vega, Ultima Health Products Inc., Abbott Laboratories, Tailwind Nutrition, Cargill, Prestige Brands Holdings Inc., and BA Sports Nutrition LLC. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
