The Global Energy Drinks Market is estimated at USD 57.90 Billion in the year 2022 and is projected to reach a revised size of USD 103.26 Billion by 2030, growing at a CAGR of 7.5% over the period 2023-2030.
The manufacturing and distribution of beverages intended to deliver a rapid energy boost are the activities covered by the energy drinks market. In order to improve alertness and athletic performance, these beverages often contain stimulants including sugar, caffeine, taurine, and vitamins. A wide range of flavored and carbonated goods are available on the market; these are frequently sold to customers looking for more energy and stamina. Tasting, caffeine content, marketing tactics, and the target market—which frequently consists of athletes and anyone looking for a quick energy boost—are important factors to take into account in this industry. The market for energy drinks reflects the need for portable, on-the-go energy solutions that cater to the tastes and requirements of a broad range of active consumers.
Top Key Players Covered In Energy Drinks Market
Monster Beverage Corporation (US), Red Bull GmbH (Austria), Coca-Cola Co. (US), PepsiCo Inc. (US), Kraft Foods Inc. (US), National Beverage Corp. (US), The Gatorade Company Inc. (US), Nestlé S.A.(Switzerland), Carlsberg A/S (Denmark), LT Group Inc (Philippines), Suntory Holdings Ltd. (Japan), Living Essentials LLC (US), Kabisa B.V. (Netherlands), Asia Brewery Incorporated (Philippines), Eastroc Beverage Co Ltd (China), Taisho Pharmaceutical Co. Ltd. (Japan) and Other Major Players
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The latest research on the Global Energy Drinks Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Energy Drinks industry, considering all significant industry trends, market dynamics, and competitive landscape. In addition, the analysis includes critical information on the Energy Drinks Market status of the main market players, major trends, and future market development opportunities. These research papers are designed to help readers find information and make decisions that will help them grow their business. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation Analysis of The Energy Drinks Market
Energy Drinks market segments cover the Product Type, Nature, Age Group and Distribution Channel. By Product Type, the Drinks segment is Anticipated to Dominate the Market Over the Forecast period.
By Product Type
- Shots
- Drinks
- Drink Mixes
By Nature
- Organic
- Conventional
By Age Group
- Teenagers
- Adults
By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retail Stores
- Others
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Regional Analysis of The Energy Drinks Market
North America in the last few years has experienced massive consumption of energy drinks due to the growing party and pub culture, also the massive coffee culture in North American Countries such as the United States has pushed the energy drinks beverage category in terms of growth, to be explained the total sales revenue generated in the United States alone last year was around USD 13.97 billion and hence, owning to such major factor driving the sales of energy drinks, the region is leading the market globally
Further, Energy drinks are emerging as an integral part of celebrations, social meets, and parties, and celebrations in modern countries such as the United States and Canada, which is offering greater sales opportunities for regional Manufacturers to sell their wide range of energy drinks, which can come in multiple flavors, and attractive and functional packaging.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Developments in the Energy Drinks Market
In January 2023, Monster Energy, a subsidiary of Monster Beverage Corporation launched its new variant of Lewis Hamilton zero-sugar energy drink. The company launches its full line in the first quarter of 2023. This new Lewis Hamilton Zero Sugar edition has a completely new formula with a peach nectarine flavor described as “stone fruits” and is made from vegan ingredients. With the launch consumers can finally enjoy the amazing taste of the flagship original Monster Energy Green but without sugar.
In January 2022, PepsiCo and Starbucks announced a partnership to launch energy drink BAYA Energy. With the launch Starbucks is entering the energy category for the first time, this new ready-to-drink (RTD) beverage from the company is crafted from caffeine naturally found in coffee fruit as well as antioxidant vitamin C for immune support and it was developed through the North American Coffee Partnership (NACP), a joint venture between Starbucks and PepsiCo to create ready-to-drink coffee and energy products.
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