Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the energy drinks market provides an in-depth analysis of segments and sub-segments in the global as well as regional energy drinks market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional energy drinks market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global energy drinks market. According to the report, the global energy drinks market is projected to grow at a CAGR of over 7% over the forecast period of 2022-2028.
The global energy drinks market was valued at more than USD 50 Billion in 2022 and is expected to reach about USD 80 Billion in 2028, with a CAGR of over 7% during the forecast period. Energy drinks without sucralose or the next generation of non-alcoholic beverages with plant-based energy components are widely used as benchmarks. Due to the rising popularity of fitness regimens among people of all ages and from all communities, there is a huge demand for these drinks on the market. Large corporations like Red Bull and Monster Energy have produced drinks based on straightforward concepts that continue to have a sizable market share globally. A flood of new product launches that critique societal and environmental surroundings and enable corporations to increase sales and reputation will propel the energy drink sector.
The factors causing the increase
in demand are growing health concerns, convenience, improved quality, and
variety of these beverages. There has been an increase in consumer awareness of
calorie consumption from liquids. As a result, there is a growing market for
goods that have advantages over conventional carbonated beverages.
Additionally, as people's understanding of ingredients has grown, there is a
greater desire for plant-based energy ingredients that provide the ideal
balance of flavor and health. Nootropic energy drinks have also become more
popular as a result. However, a caffeine overdose may result in hypertension,
nausea, agitation, and other health problems that restrict the growth of the
energy drink market. On the other hand, it is projected that throughout the
projection period, a shift in consumer preference toward beverage consumption
and a healthy lifestyle would open up the lucrative potential for market
advancement.
The market for energy drinks is divided into North America, Europe, Asia-Pacific, South America, and the Rest of the World depending on geography. North America held a significant share of the market. The market share has multiplied as a result of increased consumption of items containing caffeine, such as coffee and energy drinks. In the United States, energy drinks are a crucial component of social events, celebrations, and parties. Energy drinks are available from producers like Red Bull and Monster Beverages in a variety of tastes and two different sizes. However, over the course of the projected period, Asia-Pacific is anticipated to present profitable growth prospects. It is due to the area's sizable young population, which has a low purchasing power.
The report on the global energy drinks market covers segments such as type, packaging, end user, and distribution channel. On the basis of type, the sub-markets include alcoholic and non alcoholic. On the basis of packaging, the sub-markets include cans, bottles, and others (tetrapacks, pouch). On the basis of end user, the sub-markets include kids and teenagers, young adults, and adults. On the basis of distribution channel, the sub-markets include B2B and B2C.
The report provides profiles of the companies in the market such as Monster Beverage Corp, Gatorade Company, Nestle S.A., PepsiCo Inc., Coca-Cola, Red Bull GmbH, Carlsberg A/S, Kraft Foods, Suntory Holdings, and Shenzhen Eastroc Beverage Ltd.
The report provides deep insights
into demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings insight into the investment areas that existing or
new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis
of the energy drinks market. Moreover, the study highlights current market
trends and provides forecasts from 2022-2028. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings insight
into the market share of the leading players.
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