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Energy Drinks Market Estimated Growth Trends, Size, Share And Analysis Report 2024-2033

Energy Drinks Market

Energy Drinks Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Energy Drinks Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The energy drinks market size has grown strongly in recent years. It will grow from $62.85 billion in 2023 to $67.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to marketing and branding, changing lifestyles, innovations in formulations, sports and fitness trends, distribution channels.

The energy drinks market size is expected to see strong growth in the next few years. It will grow to $90.49 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to health consciousness, rising disposable income, innovation in flavors and formats, globalization and market expansion, e-commerce growth, functional ingredients. Major trends in the forecast period include sustainability focus, customization and personalization, e-commerce expansion, functional blurring, regulatory scrutiny and transparency.

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Market Segmentation:
The energy drinks market covered in this report is segmented -

1) By Product Type: Drinks, Shots, Mixers
2) By Packaging: Bottle, Can, Other Packagings
3) By Distribution Channel: Convenience Store, Supermarket/Hypermarket, Pharmacies/Health Stores, Online Retail

Major Driver - E-Commerce Boom Fuels Energy Drink Market Growth
The expansion of the e-commerce industry is expected to propel the growth of the energy drink market going forward. E-commerce involves the buying and selling of goods and services over the Internet. E-commerce plays an important role in the energy drink industry by providing a convenient platform for consumers to purchase and explore a diverse range of products, enabling brands to reach a broader market. For instance, in November 2023, according to the International Trade Administration, a US-based Department of Commerce, the UK had the world's third-largest eCommerce market after China. As of January 2021, U.S. consumer eCommerce accounted for 36.3% of the UK's total retail market, with eCommerce revenue projected to reach $285.60 billion by 2025. Therefore, the expansion of the e-commerce industry is driving the growth of the energy drink market.

Competitive Landscape:
Major companies operating in the energy drinks market report are The Taisho Pharmaceutical Co. Ltd., Nestle S.A., PepsiCo, Unilever plc, Coca-Cola Company, Mondelez International Inc., The Kraft Heinz Company, Suntory Holdings Limited, The Hershey Company, Red Bull GmbH, Campbell Soup Company, Amway Corporation, The J.M. Smucker Company, Monster Beverage Corporation, Franchise Group Inc., Arizona Beverage Company, Dali Foods Group Company Limited, The Gatorade Company Inc., National Beverage Corp., Osotspa Public Company Limited, Celsius Holdings Inc., Vital Pharmaceuticals Inc., Rockstar Inc., Xyience Inc., Power Horse Energy Drinks GmbH, Eastroc Beverage (Group) Co. Ltd., Living Essentials LLC, Bundled LLC, Metta Beverage Inc., Zydus Lifesciences Limited

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https://www.thebusinessresearchcompany.com/report/energy-drinks-global-market-report

Top Trend - Healthier Energy Drinks Gain Traction In The Market
Major companies operating in the energy drink market are increasing their focus on introducing zero-sugar energy drinks to gain a competitive edge in the market. Zero-sugar energy drinks are beverages that provide a boost of energy, typically derived from caffeine and other ingredients, without the addition of any sugar. For instance, in January 2023, GNC Holdings LLC, a US-based retail company, launched PRIME Energy Drinks. These energy drinks are intended to provide consumers with enhanced energy levels. The drinks are available in two different flavors: original and hydration. The original flavor has 200mg of caffeine and 300mg of electrolytes, while the Hydration flavor has zero sugar, 200mg of caffeine, and 300mg of electrolytes. The PRIME Energy Drinks are carbonated, vegan, and made using filtered water, coconut water concentrate, natural flavor, and other natural ingredients.

The Table Of Content For The Market Report Include:

1. Executive Summary
2. Energy Drinks Market Characteristics
3. Energy Drinks Market Trends And Strategies
4. Energy Drinks Market - Macro Economic Scenario
5. Energy Drinks Market Size And Growth
…..
27. Energy Drinks Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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