Energy Drinks Market is Poised to Grow at USD 244.54 Billion with Registering a CAGR of 12.80% by 2029, Size, Share, Trends, Growth Opportunities and Revenue Insights
TORONTO, Feb. 1, 2023 /PRNewswire/ -- Data Bridge Market Research has recently published a Report, titled, "Energy Drinks Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. The superior Energy Drinks market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Businesses can utilize this market document to obtain productive ideas with which product can be made more effective and impressive in the competitive market. This market research report is the high quality report having in-depth market research studies. In addition to detailing about competitive landscape of the key players, Energy Drinks business report also offers complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology.
Data Bridge Market Research analyses that the energy drinks were valued at 93.3 billion in 2021 and is expected to reach the value of USD 244.54 billion by 2029, at a CAGR of 12.80% during the forecast period. The growing vegan population around the world will be a factor in the plant-based sports and energy drinks market during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Overview:
Energy drinks, also known as electrolyte drinks, are functional beverages designed to help athletes replace water, electrolytes, and energy before, during, and after training or competition. Energy drinks provide the population with benefits such as refreshment, instant energy, increased attention and reaction time. Energy drinks contain a variety of ingredients such as taurine, caffeine, herbs, vitamins, and others.
Food and beverage companies have made every effort to capitalise on the opportunity as the world becomes fitter and healthier. This factor has greatly benefited the energy drink markets, which have adapted their products to meet their customers' needs. This market is driven by the desire for a quick energy boost during athletic or aerobic activities. Athletes are drawn to the sugar rush that the drinks provide, and market participants have seen tremendous growth in this area.
Recent Development
- In 2021 GoodSport and Energy Drinks, a Rosemont, Ill.-based startup, plans to launch GoodSport, a 97 percent dairy sports drink, with the goal of competing nationally against leading brands. The product will be available on Amazon and Goodsport.
- In 2020 Powerade Power Water and Powerade Ultra were added to The Coca-Cola Company's portfolio. These items are designed to address the shift in exercise habits toward endurance. The electrolytes in Ultra are 50% higher than in regular powerade and creatine. Each product line comes in three flavours and is free of sugar and calories.
- In 2019 Coca-Cola launched the sports drink Powerade in India. Coca-Cola intends to diversify its portfolio in order to provide more options to Indian consumers who prefer beverages to sweetened fizzy drinks.
Some of the major players operating in the Energy Drinks market are:
- Monster Energy Company. (U.S.)
- The Kraft Heinz Company. (U.S.)
- Stokely-Van Camp, Inc. (U.S.)
- PepsiCo (U.S.)
- The Coca-Cola Company. (U.S.)
- Red Bull (Austria)
- Nestlé S.A. (Switzerland)
- Carlsberg Breweries A/S (Denmark)
- NEALKO ORAVAN, spol s.r.o (Slovakia)
- Kabisa B.V. (Netherlands)
- SUNTORY HOLDINGS LIMITED. (Japan)
- Asia Brewery Incorporated (Philippines)
- Otsuka Pharmaceutical Co., Ltd. (Japan)
- Dali Foods Group Co., Ltd. (China)
- Eastroc Beverage Group Co Ltd (China)
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Critical Insights Related to the Energy Drinks Included in the Report:
- Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
Opportunities
- Growing fitness centres and increased participations
The increasing number of fitness centres and female participation are expected to drive market growth. The growing millennial population and increased social media marketing will open up even more opportunities, propelling the energy drinks market forward during the forecast period
Market Dynamics: Energy Drinks Market
- Growing trend of fitness activities around the world.
The rising popularity of unconventional fitness activities such as yoga and aerobics, as well as the growing trend of half and full marathon participation, has increased global demand for energy drinks. Furthermore, as consumers become more aware of the health risks associated with non-organic sports and energy drinks, a growing number of manufacturers are releasing beverages containing natural ingredients such as organic guarana and raw green coffee bean extracts.
- Manufacturers rapid investing In novel marketing and advertising strategies
Aside from that, companies are investing in new marketing and advertising strategies in order to diversify their product portfolio. Custom flavours and limited-edition products are also being introduced. Other factors influencing the growth of the energy drinks market include consumers' long working hours and changing lifestyles.
Market Regional Analysis/Insights
The countries covered in the energy drinks market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the energy drinks market due to the rapidly increasing number of people participating in fitness activities in this region.
Europe is expected to grow at a rapid pace from 2022 to 2029 as the region's population of health-conscious people grows.
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Key Market Segmentation: Energy Drinks Market
Product Type
- Alcoholic
- Non-alcoholic
Type
- Organic
- Inorganic
Application
- Before Exercise
- Recovery
- During Exercise
Ingredients
- Taurine
- Caffeine
- Guarana
- Vitamin B
- L-Carnitine
- Antioxidants
Distribution channel
- Store Based Retailers
- Non-Store Retailing
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Energy Drinks Market: Regulations
- Market Overview
- Global Energy Drinks Market, By Product Type
- Global Energy Drinks Market, By Type
- Global Energy Drinks Market, By Ingredients
- Global Energy Drinks Market, By Application
- Global Energy Drinks Market, By Distribution Channel
- Global Energy Drinks Market, By Region
- Global Energy Drinks Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-energy-drinks-market
Explore More Reports:
Sports and Energy Drinks Market, By Product Type (Sports Drinks, Energy Drinks), Type (Organic, Non-Organic), Packaging Type (Bottles (Pet/Glass), Cans, Others), Distribution Channel (Hypermarkets and Supermarkets, On-trade, Convenience Stores, Independent Retailers, Others) https://www.databridgemarketresearch.com/reports/global-sports-energy-drinks-market
Egypt Energy Drinks Market, By Product Type (Non-Alcoholic and Alcoholic), Type (Inorganic and Organic), Application (Before Exercise, Recovery and During Exercise), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Carnitine, Antioxidants and Others), Distribution Channel (Store Based Retailers and Non-Store Retailing) https://www.databridgemarketresearch.com/reports/egypt-energy-drinks-market
Iran Energy Drinks Market, By Product Type (Non-Alcoholic, Alcoholic), Type (Inorganic, Organic), Application (Before Exercise, Recovery, During Exercise), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm, 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Carnitine, Antioxidants, Others), Distribution Channel (Store Based Retailers, Non-Store Retailing) https://www.databridgemarketresearch.com/reports/iran-energy-drinks-market
U.S. Energy Drinks Market, By Product Type (Non-Alcoholic, Alcoholic), Type (Inorganic, Organic), Application (Before Exercise, Recovery, During Exercise), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm, 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Carnitine, Antioxidants, Others), Distribution Channel (Store Based Retailers, Non-Store Retailing) https://www.databridgemarketresearch.com/reports/u-s-energy-drinks-market
Canada Energy Drinks Market, By Product Type (Non Alcoholic and Alcoholic), Type (Inorganic and Organic), Application (Before Exercise, Recovery and During Exercise), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm and 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Cartinine, Antioxidants and Others), Distribution Channel (Store Based Retailers and Non Store Retailing) https://www.databridgemarketresearch.com/reports/canada-energy-drinks-market
North America energy drinks Market, By Product (Isotonic, Hypotonic, Hypertonic), Category (Non Alcoholic, Alcoholic), Type (Inorganic, Organic), Components (Drinks, Shots, Mixers), Application (Before Exercise, Recovery, During Exercise), Packaging (Bottles, Cans), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm, 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Cartinine, Antioxidants, Others), Distribution Channel (Store Based Retailers, Non Store Retailing) https://www.databridgemarketresearch.com/reports/north-america-energy-drinks-market
Europe Energy Drinks Market, By Product Type (Non-Alcoholic, Alcoholic), Type (Inorganic, Organic), Application (Before Exercise, Recovery, During Exercise), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm, 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Carnitine, Antioxidants, Others), Distribution Channel (Store Based Retailers, Non-Store Retailing), Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Ireland, Rest of Europe) https://www.databridgemarketresearch.com/reports/europe-energy-drinks-market
Asia-Pacific Energy Drinks Market, By Product Type (Non-Alcoholic, Alcoholic), Type (Inorganic, Organic), Application (Before Exercise, Recovery, During Exercise), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm, 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Carnitine, Antioxidants, Others), Distribution Channel (Store Based Retailers, Non-Store Retailing), Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific) https://www.databridgemarketresearch.com/reports/asia-pacific-energy-drinks-market
Middle East and Africa Energy Drinks Market, By Product Type (Non-Alcoholic, Alcoholic), Type (Inorganic, Organic), Application (Before Exercise, Recovery, During Exercise), Consumption Time (Before 11 am, Post 9 pm, 11-2 pm, 2-5 pm, 5-9 pm), Ingredients (Taurine, Caffeine, Guarana, Vitamin B, L-Carnitine, Antioxidants, Others), Distribution Channel (Store Based Retailers, Non-Store Retailing), Country (United Arab Emirates, Saudi Arabia, Israel, South Africa, Egypt, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/middle-east-africa-energy-drinks-market
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