Global Energy Drinks Market to Grow at a CAGR of 7.20% From 2019 to 2026: AMR

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28 Oct, 2019, 14:30 GMT

PORTLAND, Oregon, Oct. 28, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Energy Drinks Market by Type (General Energy Drink, Energy Shots, and Others), Form (Organic and Conventional), End User (Professional and Personal Use), and Distribution Channel (Supermarkets/Hypermarkets, Convenience Store, Retail Stores, Medical Stores, and Other Outlets): Global Opportunity Analysis and Industry Forecast, 2018–2026." According to the report, the global energy drinks market generated $53.01 billion in 2018, and is expected to generate $86.01 billion by 2026, growing at a CAGR of 7.20% from 2019 to 2026.

This image opens in the lightbox — Millennials vastly consuming energy drinks in U.S., new opportunities to unlock

Surge in demand for energy drinks with its benefits such as rapid recovery, improved memory, and enhanced mood along with surge in popularity among young population have fueled the growth of the global energy drinks market. However, availability of alternatives including ginger root tea and green tea restrains the market growth. On the other hand, preference of consumers regarding organic energy drinks is projected to offer numerous opportunities in coming future.

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Based on type, the non-alcoholic energy drink segment contributed the highest market share in 2018, holding more than half of the total share, owing to significant increase in prominence among teenagers along with rise in health consciousness among people. Moreover, this segment is expected to grow at the highest CAGR of 6.5% from 2019 to 2026. The report offers detailed analysis of the alcoholic segment.

Based on end user, the adult and teenager segments together accounted for nearly five-sixths of total market share in 2018, and is estimated to maintain its dominant share during the forecast period. However, the adult segment is expected to witness the highest CAGR of 6.7% from 2019 to 2026. This is due to surge in consumption of energy drinks among adult population of athletes and corporates who need to improve their performance.

Based on regions, North America and Asia-Pacific regions together contributed for the highest market share in 2018, accounting for more than half of the total market. On the other hand, Asia-Pacific region is expected to grow at the highest CAGR of 7.3% from 2019 to 2026, owing to surge in demand for convenience beverages, widespread media exposure, and innovative marketing strategies of energy companies. The report also analyzes other regions including Europe and LAMEA.

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The report provides a comprehensive analysis of the market players including

Rockstar Inc.
Monster Energy
Red Bull GmbH
AriZona Beverages USA LLC
PepsiCo Inc.
Dr. Pepper Snapple Group
Big Red
Dabur India Ltd.
National Beverage Corp., and
Coca Cola Company

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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.

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