Energy Drink Market Outlook : Growth Drivers, Trends and Future Scenarios

Rise in product consumption by working individuals to maintain a healthy lifestyle, increase in consciousness regarding diet & intake among sports athletes & working individuals to maintain nutritional balance, and surge in disposable income of individuals are expected to propel the growth of the global energy drink market.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5315

The energy drinks market was valued at $45.80 billion in 2020, and is estimated to reach $108.40 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031.

The adults segment accounted for maximum share in 2020. Energy drinks are beverages that contain caffeine, taurine, vitamins, & other stimulants, and are marketed as products that boost mental alertness and physical stamina. They may or may not be carbonated. The demand for energy drinks and related items has increased at an alarming rate, according to reports. This is due to the advantages that these beverages provide, such as improved performance, focus, weight loss, stamina, and so on.

Furthermore, consumers, particularly men, positively link energy drink intake with risk-taking activities and masculinity. Furthermore, energy drinks have more caffeine than a cup of coffee and can help with alertness and concentration. Owing to surge in demand for items that provide rapid energy, manufacturers create a variety of products with distinct flavors and tastes. This, in turn, is expected to support the global energy drinks market growth.

Buy Now: https://www.alliedmarketresearch.com/checkout-final/e6989a2142f635626982b166387ec098

According to energy drinks market analysis, by region, Asia-Pacific is expected to witness the highest growth rate of 8.8% during the forecast period, owing to increase in disposable income and change in consumption & lifestyle pattern as well as demographics and energy drinks market trends.

Covid-19 scenario:

The Covid-19 pandemic disrupted the supply chain. Dearth of labor and prolonged lockdown created challenges in manufacturing facilities and procurement of raw materials.
Moreover, as several sport activities postposed due to pandemic, the demand for energy drinks declined.
The nonalcoholic segment to manifest the highest CAGR through 2031.

Enquire Before Purchasing : https://www.alliedmarketresearch.com/purchase-enquiry/5315

The major companies profiled in the report include are 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.

KEY FINDINGS OF THE STUDY

Region wise, Asia-Pacific is anticipated to lead the market in 2031, growing at a CAGR of 8.8%, from 2022 to 2031.
By type, the nonalcoholic segment occupied nearly 53.9% of the energy drink market share in 2020.
By end user, the adult segment dominated the overall energy drinks market size in 2020, and is expected to grow at a CAGR of 46.1% during the forecast period.
The kids segment is anticipated to grow at a significant CAGR of 14.4%.

Access Full Summary: https://www.alliedmarketresearch.com/energy-drink-market

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.