PROSPECTS AND OPPORTUNITIES
Competitors focus on developing reduced sugar options
The success of Suerox, backed by significant advertising and distribution investment from Genomma Lab, has prompted competitors to view sugar-free sports drinks as a strategic growth area. In response, AJE Group relaunched Sporade sin Azúcar in 2024, a brand that had previously been discontinued.
Other soft drinks pose a growing threat to sports drinks
Sports drinks faces growing competition from other soft drinks that appeal to health-conscious consumers. Bottled water, for instance, has gained popularity due to heightened demand for hydration amid rising temperatures linked to the Global and Coastal El Niño phenomenon.
Sports enthusiasts remain a captive audience
Post-pandemic, an increasing focus on health has led many Peruvians, especially from Generation Z and millennial demographics, to adopt active lifestyles, prioritising physical activities such as sports and gym workouts. Although brands like Gatorade and Powerade have made strides in promoting sports through event sponsorships, there remains significant potential to strengthen brand positioning within the athlete segment.
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Overview:
Understand the latest market trends and future growth opportunities for the Sports Drinks industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Sports Drinks industry in Peru, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sports Drinks in Peru report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sports Drinks in Peru?
- To what extent are health considerations impacting consumption of Sports Drinks in Peru?
- How are changing social attitudes and legislation (eg sugar tax) reshaping demand and consumption?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Sports Drinks in Peru?
- Which are the leading brands in Sports Drinks in Peru?
- What potential exists for multinational or domestic soft drinks companies to expand in Peru?
- How are products distributed in Sports Drinks in Peru?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How have home seclusion and social distancing measures following COVID-19 impacted sales of Sports Drinks?
- How are sustainability issues, such as environmentally-friendly packaging, legislation on recyclability, or the amount of plastic in bottles, impacting the soft drinks industry?
- Where is future growth expected to be most dynamic?
Sports Drinks in Peru - Category analysis
KEY DATA FINDINGS
Growing demand, although prices are falling due to competition
Innovation in flavours and formats fuels growth in consumption
Promotions continue to be widely used by competitors
Competitors focus on developing reduced sugar options
Other soft drinks pose a growing threat to sports drinks
Sports enthusiasts remain a captive audience
Soft Drinks in Peru - Industry Overview
Soft drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
Fountain sales in Peru
DISCLAIMER
The following categories and subcategories are included:
Sports Drinks
- Regular Sports Drinks
- Reduced Sugar Sports Drinks
Sports Drinks
The choice of sports drink usually depends on the provision of fluids, carbohydrates or both. Included into this subsector are isotonic, hypotonic and hypertonic sports drinks. Isotonic are products that replace lost body fluids, electrolytes (sodium, potassium and chlorides) and glucose in similar concentrations to existing body fluid without causing either swelling or shrinkage of cells. These products usually contain about 5-8% carbohydrate and are intended to be consumed during exercise and/or heat exposure. Hypotonic this product is a weaker solution than your body fluid. These drinks contain less carbohydrate and therefore have lower osmolality (fewer dissolved particles than blood). These drinks help the body to speed up water absorption and are best used when you need urgent fluid replacement, as in after exercise. These drinks are not the best for energy replacement. Hypertonic - this drink is a stronger solution than your body fluid. These drinks are designed to replace and maintain energy levels during exercise of at least one hour. They are absorbed slowly and therefore are not appropriate for fluid replacement. Leading brands in off-trade volume include Gatorade, Powerade and Aquarius. This is the aggregated total of regular and reduced sugar Sports Drinks
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sports Drinks research and analysis database.
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