1. Market Research
  2. > Beverage
  3. > Soft Drink
  4. > Sport and Energy Drink Market Trends

South Korea Energy and Sports Drink Market Outlook to 2017 – Driven by Surging Health Awareness

  • December 2013
  • 61 pages
  • Ken Research Private Limited
Report ID: 2009145

Summary

Table of Contents

EXECUTIVE SUMMARY

The industry research publication titled ‘South Korea Energy and Sports Drink Market Outlook to 2017 – Driven by Surging Health Awareness’ presents a comprehensive analysis of market size by value of sports and energy drinks in South Korea. The report entails the market share analysis and company profiles of major players in the energy and sports drink market. The future analysis and segmentation by functionality and distribution channel have also been discussed in each of the sub-segment.

The fitness industry in South Korea has witnessed a substantial growth due to rising awareness for fitness and health among the people. The increasing interest of the people towards health and wellness has created new trends in the consumption pattern for food and beverages market in the country. In order to stay healthy and fit, people are shifting their spending to healthier foods and beverages. The major sports drinks that are sold in the country include Powerade, Gatorade and Pocari Sweat.

The energy and sports drinks market has grown at a CAGR of 11.1% during 2007-2012. These drinks are majorly consumed by the health conscious population in the country. Since these drinks help in replenishing lost body fluids after exercise, they are majorly consumed by the professional sports people, gym enthusiasts and people who are engaged in sports activities as a part of their hobby. A continuous rise in awareness of healthy lifestyles has contributed to the increasing purchase of sports drinks.

The sports and energy drinks are sold through three main distribution channels in South Korea, which include supermarkets and hypermarkets, convenience stores and drug stores, and pharmaceutical stores. The biggest channels for sales in this market haves been the convenience stores and hypermarkets. The sales of sports and energy drinks from convenience stores were valued at USD ~ million in 2012, and these stores were the leading distribution channel for sports and energy drinks with a share of ~% to the total revenue generated by the sports and energy drinks market in 2012.

Bacchus energy drinks brand in South Korea, held a market share of ~% in 2012. Bacchus energy drink is produced by Dong-A pharmaceuticals. The Company has witnessed fierce completion in the energy drink market from other brands such as Red Bull, Vita500 and Hot6. Bacchus energy drink was introduced in 1963 and is one of the most famous energy drinks among the people of South Korea.

The rapid spread of urban retail formats and the surging personal disposable incomes are likely to drive the sales of energy and sports drinks market in South Korea in the coming years. The energy and sports drinks market in the country is projected to grow at a CAGR of 12.4% during 2012-2017, and is expected to witness revenue worth USD ~ million by 2017.

KEY TOPICS COVERED IN THE REPORT:

- The market size of the Asia and South Korea energy and sports drinks market size in terms of value in the last 5 years (2007 - 2012)
- South Korea energy and sports drinks market segmentation by consumers (casual sports and energy drink users, lifestyle users and athletes)
- South Korea energy drinks market segmentation by distribution channel (convenience stores, hypermarkets and supermarkets, drug stores and pharmaceuticals and online retailing)
- Trends and Developments and Government regulations in the sports and energy market in South Korea
- Competitive landscape and company profiles of the major brands and players operating in energy and sports drinks market (Bacchus, Hot Six, Vita 500, Red Bull, Xcocas, Powerade, Gatorade and Pocari Sweat)
- Future projections and macro economic factors of South Korea sports and energy drinks market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Sports Drinks (Soft Drinks) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

  • $ 12995
  • Industry report
  • March 2017
  • by GlobalData

Global Sports Drinks (Soft Drinks) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics Summary "Global Sports Drinks (Soft Drinks) Market - Outlook to 2020: Market Size, Growth and Forecast ...

Sports Drinks (Soft Drinks) Market in Europe - Outlook to 2020: Market Size, Growth and Forecast Analytics

  • $ 8995
  • Industry report
  • March 2017
  • by GlobalData

Sports Drinks (Soft Drinks) Market in Europe - Outlook to 2020: Market Size, Growth and Forecast Analytics Summary "Sports Drinks (Soft Drinks) Market in Europe - Outlook to 2020: Market Size, Growth and ...

Sports Drinks (Soft Drinks) Market in Asia-Pacific - Outlook to 2020: Market Size, Growth and Forecast Analytics

  • $ 4995
  • Industry report
  • March 2017
  • by GlobalData

Sports Drinks (Soft Drinks) Market in Asia-Pacific - Outlook to 2020: Market Size, Growth and Forecast Analytics Summary "Sports Drinks (Soft Drinks) Market in Asia-Pacific - Outlook to 2020: Market Size, ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.