Market Trends of Brazil Sports Drinks Industry
This section covers the major market trends shaping the Brazil Sports Drinks Market according to our research experts:
Growing Popularity of Fitness Clubs
With the growing popularity of fitness programs and increased emphasis on a healthy lifestyle, the consumption of sports drinks is observed to rise as it helps to rehydrate the body, and beverages are no longer viewed solely as a quick refreshment. Increasing participation in regular exercise and sporting activity could enlarge the potential consumer base for sports drinks. The general rise in consumer health-consciousness underpins the trend towards more regular exercise. The consumer segments driving the growth of the market include millennials who are willing to try new products with wellness benefits, and busy consumers seeking for 'quick health.'
Bottled Beverages Gaining Momentum
The major players are focusing on making attractive packaging for all beverages to increase the sales of their product packages in various quantities that are made available for easy usage. PET is dominant in most medium and small volume beverage markets. Certain beneficial properties of PET packaging are high transparency, shiny surface, good stability, high-pressure resistance, good barrier properties, and lightweight. PET bottles are preferred more as new technology enables these bottles to do more than hold beverages. These bottles come in a handy 'grab and go' sizes and can be used conveniently. Products in bottled format can be consumed all at once or can be stored. Caps or lids over these bottles also play an important role as they preserve the freshness and aroma of the drinks.
