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Get a complete personalized report with a scorecard of target partners. The growing demand for energy drinks as a potential energy booster in order to improve physical and cognitive performance has been shaping the market growth. Get insights on topics that are crucial for your business. Further, drinks have a larger consumer base owing to the diversification of these beverages. Company Share Analysis of Top Players, 24.2. This, in turn, has opened new opportunities for market players to incorporate a variety of drinks into their portfolios. You will receive an email from our Business Development Manager. The key players in the energy drink market are focused on expansion of market share with collaboration, acquisition, and mergers. The increased experimentation in new flavors like coconut berry remains a new opportunity for growth in the energy drink market. Market Size (USD Mn) and Volume Forecast By Market Taxonomy, 2022-2032, 18.7. Sugar is also commonly found in energy drinks and provides a source of quick energy. Which are the positive and negative factors impacting the Energy Drinks Market. Energy drinks are all the rage these days. These drinks do not contain stimulants, however, presence of electrolytes and carbohydrates in sports drinks replenish those lost and used during exercise. Key Market Participants - Intensity Mapping, 16.8. Increased concerns for health, convenience, and the enhanced quality and diversity of these beverages are the factors behind the upsurge in demand. Historical Market Size (USD Mn) and Volume Analysis By Region, 2017-2021, 14.3. There are now many different types of energy drinks on the market, each with its own unique formulation.
Brands are launching sugar-free and calorie-free energy drinks. Market Attractiveness Analysis By Product Type, 10. One of the key reasons for growth in popularity of energy drinks is that they provide instant energy along with mental and physical stimulation. The key players profiled in the report include Red Bull, Monster Beverage Corporation, Rockstar Inc., The Coca-Cola Company, PepsiCo, Arizona Beverage Company, National Beverage Corp., Dr. Pepper Snapple Group, Living Essentials, and Cloud 9. For example, Red Bull mainly targets its consumers with the promise of extra energy with key target consumer base of youngsters. Historical Market Size (USD Mn) and Volume Analysis By Nature, 2017-2021, 12.3. Some of the new entrants include Bang, Reign, FRS Healthy Energy, and Guru. Get detailed COVID-19 impact analysis on the Energy Drinks Market, The global energy drinks market was valued at $45.80 billion in 2020, and is projected to reach $108.40 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031., Energy drink is a beverage that contains high concentration of stimulants, majorly caffeine, taurine, ginseng, guarana, and others. The nutrient is key to maintaining high stress, and exertion, increasingly experienced by workers, students, and other groups alike. LONDON, Nov. 16, 2021 /PRNewswire/ -- According to Brandessence Market Research, the Energy Drink marketsize reached USD 61.23 billion in 2020 and expected to reach USD 99.62 Billion by 2027. The mixers segment is anticipated to witness considerable growth over the forecast period. Thus, major brands are strategically responding to consumer demands and the products are experiencing a wider reach. The drinks are known for their ability to provide physical boost, as well, as significant amounts of caffeine.
Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections. The off-trade segment accounted for the largest revenue share of over 70.0% in 2021 and remains the primary source of consumption of the product. Some of the most renowned manufacturers internationally are seeking to enter or reinforce their position in emerging markets with joint ventures and acquisitions. It enhances physical performance along with mental alertness.Energy drinks may or may not be carbonated.
Historical Market Size (USD Mn) and Volume Analysis By Format, 2017-2021, 10.3. For instance, in September 2019, The Coca-Cola Company unveiled the first energy drink under the Coke brand alongside several other beverage innovations at the National Association of Convenience Stores (NACS) expo in Atlanta. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. This is attributed to the fact that over the past few years, the nonalcoholic energy drinks segment has been transformed from being a niche product category to one of the most rapidly growing product categories in the global energy drinks market. In addition, they are distinguished from tea and coffee, which are brewed, contain lesser ingredients, and may be decaffeinated.
furthermore, some drink offerings are also used as popular mixers in alcohol beverages, with increased demand for tasty alcohol beverages in bars, and restaurants. Pricing Analysis (2017, 2022, 2032), 22.20.2.
Athletes utilize energy drinks to boost the effects of alcohol by stimulating the central nervous system, which counteracts the depressive effects of alcohol. Market Attractiveness Analysis By Region, 15. Market Value and Volume Analysis 2017-2021 and Forecast 2022-2032, 22.24.1. Global Energy Drinks Market Demand (Size in USD Mn) Analysis 2017-2021 and Forecast, 2022-2032, 8.1. Inc. introduced a new line of energy drink - Mtn Dew Rise Energy, particularly targeted at morning consumers.
Inc, Monster Energy, Lucozade, The Coco-Cola Company, Amway, AriZona Beverages USA, Living Essentials LLC, and Xyience Energy, We never share your personal data. These strategies seem crucial to region customer base in new regions and lowering costs through cross-cultural production. Pricing Analysis (2017, 2022, 2032), 22.24.2. In addition, the growth of the global market is driven by rise in popularity among teenagers. [350 Pages Report]The global energy drinks market size was valued at USD 68.1 billion in 2021, and is expected to grow at a CAGR of 7.0% to reach USD 98.8 billion by 2032. Explore purchase options. *Taxes/Fees, if applicable will be added during checkout.
Better access to information The Covid-19 pandemic is expected to transit public health crisis for an unknown duration. Pricing Analysis (2017, 2022, 2032), 22.7.2. After the closure of restaurants and bars in March 2020, consumers brought the product from online platforms. Among these, the north America region promises to hold the largest share of the total revenues during the 2020-2027 period. Energy drinks are an addition to conventional demand for caffeine as a pick-me-up drink. Energy drinks are a popular product among all age groups. Current and Future Market Size (USD Mn) and Volume Analysis and Forecast By Distribution Channel, 2022-2032, 13.4. Market Value and Volume Analysis 2017-2021 and Forecast 2022-2032, 22.14.1. Market Definition / Scope / Limitations, 2.1.
The big brands like Red Bull, Monster, and Rockstar have been around for a while, but there has been a recent surge in new energy drink products hitting the market. T: +1-845-579-5705, A MARKET ACCESS DMCC Initiative - Dubai, United Arab Emirates. Based upon product, energy drink market is classified as non-alcoholic, caffeinated beverages and sports drink. "The quality of research they have done for us has been excellent.". These drinks do not contain stimulants, however, presence of electrolytes and carbohydrates in sports drinks replenish those lost and used during exercise. Your transaction & personal information is safe and secure. Free trial, before you make a purchase decision.
In the U.S., energy drinks are the most popular supplements for teens and young adults. Market Attractiveness Analysis By Flavor, 12. Retailers tend to prefer conventional over organic drinks for a greater margin per square inch of shelf space they offer. While some people drink energy drinks for the caffeine content, others drink them for the vitamins and minerals they provide. Some companies like AG Barr recently launched Rockstar Twister, with increased American flavors making their way into the international markets.
online dashboard trial. Consumers are preferring drinks over other counterparts as it fulfills the demand for instant hydration and caters to offer significant nutrients for the well-functioning of the body. Asia-Pacific is anticipated to grow at the highest rate during the forecast period, owing to surge in disposable income and change in demographics, Start reading instantly ,This Report and over 13000+ more Reports, Available with Avenue Library, T&C*, A. This site uses cookies, including third-party cookies, that help us to provide and improve our services. Currently, this has led to increased diversity among brands catering to different activities, with increased advertising through influencers, and digital mediums. Caffeine is by far the most common ingredient in energy drinks; it is a stimulant that helps increase alertness and energy. In 2020, the nonalcoholic segment accounted for the highest share in themarket, garnering 53.9% share, owing to the fact that nonalcoholic drinks boost the energy by improving physical and cognitive performance. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. As functional beverages manufacturers seek to bolster volume and consolidate market share, technological advancement is a key decision point - in terms of packaging, product, and promotion via advertisements, sponsorships, and campaigns. Historical Market Size (USD Mn) and Volume Analysis By Product Type, 2017-2021, 9.3. The changes in consumer buying behavior and the dynamic shifts towards online and D2C distribution channels may have serious implications on the near future growth of the industry. Middle East and Africa Energy Drinks Market Analysis 2017-2021 and Forecast 2022-2032, 21.3. The global energy drinks market is forecasted to surpass ~USD 98 bn by the end of 2032. Though the demand for the product was already rising, the segment exploded after the COVID-19 pandemic hit the world.
Current Market Size (USD Mn) and Volume Analysis and Forecast By Region, 2022-2032, 14.4. Let us know your requirement to get 100% FREE customization. How can you develop stable and lucrative revenue streams? E-commerce not only offers convenience and comfort, however also provides information regarding products, prices, benefits, and comprehensive value evaluation before committing purchase. from 8 AM - 9 PM ET. Energy drink is a beverage that contains high concentration of stimulants, majorly caffeine, taurine, ginseng, guarana, and others. DO YOU HAVE SPECIFIC REQUIREMENTS? Among energy drinks, the regular energy drinks remain the most popular segment of drinks, with 124.6 million litres sold in volume in April 2019. The rising awareness about the health benefits of thesefunctional beveragesis attracting consumers towards them in this region. Energy drinks are a part of broader soft drinks or non-alcoholic beverages market which include sports drinks, fruit and vegetable juices, carbonated drinks, bottled water, ready-to-drink tea and coffee, caffeinated beverages, non-carbonated packaged drinks, and other functional beverages. Key Market Participants - Intensity Mapping, 19.8. Firms like Monster Energy Drinks declare no age limit for consumption of these drinks while agreeing that they should not be marketed to kids below 12. Privacy Policy*, Future Market Insights is registered in the state of Delaware as Future Market Insights, Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States, Email: sales@futuremarketinsights.com Asia-Pacific along with North America contributed almost 56.6% in the global energy drinks market share. Market Size (USD Mn) and Volume Forecast By Market Taxonomy, 2022-2032, 20.7. The demand for frozen food products, fruits & vegetables, eggs, flour, and whole grains, among others, witnessed a considerable increase during the early stages of the crisis. Discounted price for multiple reports across domains, 2. Non-carbonated packaged drinks like non-alcoholic beers have found popularity among sports spectators. Pricing Analysis (2017, 2022, 2032), 22.10.2. This website is secure and your personal details are safe. This scenario has been playing a vital role in driving the consumption of organic energy drinks. Brandessence Market Research & Consulting Pvt ltd. Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. These drinks are considered to be one of the fastest-growing beverage segments globally and they maintained growth throughout the pandemic despite major shifts in the consumption of other products.