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Organic Energy Drinks Market Key Players Analysis | Kingmilling Company, Cargill, Incorporated, Archer Daniels Midland Company, Gupta Group and Manildra | Business Demand and Forecast
Market Overview:The global organic energy drinks market is projected to grow at CAGR of 5.6 % as it is backed up by the growing demand for organic energy drinks and increasing varieties of energy drinks. Organic energy drinks have transitioned from being a niche product to one of the fastest growing product categories in the global soft drinks market. This change has primarily been brought about by a growingly evident consumer focus on health and fitness. The global organic energy drinks industry has some good opportunities in the market, such as innovative drink products with low or zero artificial sweeteners, and penetration in the developing market and different demography.
The global market for organic energy drinks is expected to continue its growth over the forecast period due to rising demand and increasing disposable income as well as health awareness in recent years. Since organic energy drinks market’s growth is directly proportional to the scope of innovation due to highly competitive market, key players are investing in R&D for the innovating product lines. Moreover, leading players are also investing in partnership with various food chains and beverage companies as the primary focus area to grow the consumer base.
The concern for good health has motivated many people to shift from energy drinks to organic energy drinks in developed as well as developing economies is one of the driving forces for this market. Key players are also investing in R&D for development of new product line with improved formulations. Many consumers consume organic energy drinks by product type such as sugar free, energy shots, protein drinks, low carbs, and others. They provide health benefits as well as contain nutrients, thus increasing the market for organic energy drinks.
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The chief competitors in this market are persuaded to upsurge their footprints across the globe by acquiring local and regional players. Apart from this, the companies are introducing their products in the developing economies to penetrate the untapped market. Major players are also taking R&D initiatives and increasing their expenditure especially to develop superior & highest quality products by including organic and natural ingredients. This factor is likely to help them to penetrate the emerging global organic energy drinks market and fulfill the growing demand. Changing consumer preferences for natural and fresh products will support the sale of organic energy drinks.
Major Key Players:
This report includes the study of strategies such as mergers and acquisitions, new product launches by the major organic energy drinks market players. It further includes product portfolios, developments of major players, which includes
Some of the key players in the organic energy drinks market: Grain Millers (U.S.), Kingmilling Company (U.S.), Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Gupta Group (India), Manildra (Australia), Penford Australia Ltd (Australia)
The global organic energy drinks market is highly concentrated in Asia Pacific because of rapid increase in demand for energy drinks. Key manufacturers are focusing on expanding their product line by providing various product lines with the various flavors, combinations, and attractive packaging.
Key Findings:
Rising growth of energy drinks industry is in turn increasing the demand for organic energy drinks. Asia Pacific is the dominating region for the market of organic energy drinks as compared to North America and Europe.
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Segments:
The global organic energy drinks market is segmented on the basis of product type, into sugar free, energy shots, protein drinks, low carbs, and others. The sugar free segment is poised to be the fastest-growing segment in the organic energy drinks market during the forecast period 2017–2023.
On the basis of nutrients, this market is segmented into vitamins, amino acids, caffeine, antioxidants, fruit extracts, and others. Vitamins dominates the market, and will be the highest growing segment during the forecast period.
On the basis of distribution channel, the market is segmented into store based such as supermarkets & hypermarkets, specialty stores, food processing industries, and others, and non-store based.
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