LAMEA Electrolyte Mixes Market Size, Share & Industry Trends Analysis Report By Type (Sports Drinks, Electrolyte Tablets, and Electrolyte Powders), By End User, By the Distribution Channel, By Country and Growth Forecast, 2023 - 2030
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Market Report Description
The Latin America, Middle East and Africa Electrolyte Mixes Market would witness market growth of 8.1% CAGR during the forecast period (2023-2030).
The market is no exception to the growing consumer demand for transparency in the food & beverage sector. Market participants strongly emphasize labelling transparency, giving consumers access to detailed information about the product's ingredients, nutritional makeup, and provenance. To further boost consumer confidence, businesses are putting strong quality assurance procedures in place to guarantee the safety and effectiveness of their electrolyte mixtures.
Electrolyte mixes makers are working with medical professionals, dietitians, and fitness gurus to further create credibility and confidence. As a result of these collaborations, the significance of electrolyte balance & appropriate hydration is reinforced. Collaborations also aid in educating customers about the advantages of electrolyte mixes and how they support general health and well-being.
In Latin America, urbanization and changing lifestyles have prompted culinary patterns to change and a rise in interest in well-being and health. As more people participate in sports & fitness activities, there is an increase in demand for electrolyte mixes as a quick and effective hydration option. Soccer, running, and fitness courses are becoming increasingly popular in Latin America, which has a thriving sports and fitness culture. Electrolyte mixes are a popular choice since this culture pushes people to look for goods that help them perform physically and recover after exerting themselves.
In Africa, people are becoming more interested in sports & fitness activities, including cycling, running, and gym workouts. The need for electrolyte mixes as a practical and efficient hydration method is growing. African consumer tastes and nutritional habits are being impacted by urbanization and changing lifestyles. In order to support their active lifestyles, customers are increasingly looking for accessible and healthful solutions, such as electrolyte mixes, as metropolitan areas continue to expand.
The Brazil market dominated the LAMEA Electrolyte Mixes Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $493 million by 2030. The Argentina market is showcasing a CAGR of 8.7% during (2023 - 2030). Additionally, The UAE market would display a CAGR of 7.8% during (2023 - 2030).
Based on Type, the market is segmented into Sports Drinks, Electrolyte Tablets, and Electrolyte Powders. Based on End User, the market is segmented into Commercial, and Residential. Based on the Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, E-Commerce, and B2B. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlantic Essential Products, Inc., Dr. Price's Vitamins (Dr. Price's Vitamins, Inc.), First Endurance, GU Energy Labs, Halewood Laboratories Pvt. Ltd., Hammer Nutrition, Nutricost (ESUPPLEMENTS, LLC), Skratch Labs, LLC, Ultima Health Products, Inc. (WM Partners LP), and Unilever PLC.
Scope of the Study
Market Segments Covered in the Report:
- Sports Drinks
- Electrolyte Tablets
- Electrolyte Powders
By End User
By Distribution Channel
- Specialty Stores
- Hypermarkets & Supermarkets
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Atlantic Essential Products, Inc.
- Dr.Price's Vitamins (Dr. Price's Vitamins, Inc.)
- First Endurance
- GU Energy Labs
- Halewood Laboratories Pvt. Ltd.
- Hammer Nutrition
- Nutricost (ESUPPLEMENTS, LLC)
- Skratch Labs, LLC
- Ultima Health Products, Inc. (WM Partners LP)
- Unilever PLC
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