How much gatorade is sold a year
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Premium statistics. Read more. In , around five and a half billion U. Sports drink market In the United States, a significant portion of the non-carbonated soft drink market is made up of sports drinks. Based on retail dollar sales, sports drinks accounted for just under a third of this market in Some of the largest non-aseptic sports drink brands in the country included Gatorade Frost, Powerade Ion4, and G Zero in With almost 30 percent, Gatorade Perform had by far the largest market share that year.
Other refreshments The sports drink segment is a relatively small part of the overall non-alcoholic beverage market. While global bottled water volume sales reached over 70 billion cases that year, the sports drinks segment stood at about two and a half billion. You need a Single Account for unlimited access. Full access to 1m statistics Incl. Single Account. View for free. In addition, an increasing number of health-conscious consumers will impel companies to introduce new sports drinks, which in turn will boost the sports drink market share by brand.
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Powerade has sold its own zero-sugar version in the U. Over the summer, Gatorade introduced Bolt24 as a way to encourage consumers to drink Gatorade throughout the day, not just during and after workouts. The antioxidants in the drink are meant to appeal to health conscious consumers looking for more from their beverages. Thanks to Bolt24 and Gatorade Zero, Gatorade saw mid single-digit revenue growth during the third quarter.
The company will report its fourth-quarter earnings on Feb. Powerade is launching two new product lines in Power Water and Ultra. The water-based Power Water targets consumers who walk or jog and might wear athleisure clothing, while Ultra is for exercisers who are more focused on endurance. Powerade, through the introduction of Ultra, is following the lead of performance energy drinks like Bang or Monster Beverage's Reign energy drinks.
Bang, which is marketed as a preworkout or recovery drink, touts that it contains "super creatine" but no sugar. In , Indianapolis-based canned food company Stokely-Van Camp became interested. So the inventors, who formed the Gatorade Trust, reluctantly agreed to a royalty structure of 5 cents per gallon sold. But it was Gatorade that kept selling, and the Board of Regents at Florida realized the university had made a terrible mistake. Back in the s, university-related patents and products were nearly unheard of.
Florida lacked a well-organized setup for handling innovation, and its lawsuit was shaky for 2 major reasons. Florida and the National Institutes of Health got involved in the same federal lawsuit against the Gatorade Trust, requesting delay after delay. Legal fees piled up. But even for a company pulling in billions every year, the royalties are no small fee to pay.
Cade knew this, and the registered trademark of Gatorade — originally filed by Stokely-Van Camp after making the deal with the Gatorade Trust — is the only reason PepsiCo owes royalties.
Florida has used its royalties to bolster its research and entice new researchers looking to make lucrative discoveries. But the university mainly cherishes its ties to Gatorade and Cade. In , he was inducted into its athletic hall of fame a few months before his death. When Cade accepted the honor at a banquet in Gainesville, they did not shower him with Gatorade. Privacy policy. Generic filters Hidden label. Hidden label. Then, things got complicated. By: Mark Dent. The only thing left for the University of Oklahoma was the Gatorade shower.
The experiment of a lifetime Growing up in San Antonio, Robert Cade was the type of smart kid who chased a different kind of perfection. Enjoying this article? Thank you for subscribing. Your submission failed. Please try again! Business and tech news in 5 minutes or less. Recent Posts.
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