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Energy Drinks Market size was valued at USD 86.64 billion in 2019 and is poised to grow from USD 93.84 billion in 2023 to USD 177.58 billion by 2031, growing at a CAGR of 8.3% in the forecast period (2024-2031).

sports drinks market is highly competitive, and each rival is listed separately. Information included in the report includes a business overview, financials, revenue generated, market potential, R&D investments, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launches, product breadth and depth, and application dominance. The above-mentioned statistical points only apply to the companies' market concentration on energy drinks. 'Monster Energy Company. ', 'PepsiCo', ' Red Bull GmbH ', ' Coca-Cola Company (NOS Energy Drink) ', ' Arizona Beverages USA LLC (Arnold Palmer Half & Half Energy Drink) ', ' 5-hour ENERGY® ', ' Bang Energy ', ' XS Energy Drink (Amway) ', ' V Energy Drink (Frucor Suntory) ', ' Lucozade Energy (Suntory Beverage & Food Ltd) ', ' Burn Energy Drink (The Coca-Cola Company) ', ' Full Throttle Energy Drink (The Coca-Cola Company) ', ' Mountain Dew Energy (PepsiCo) ', ' Amp Energy (PepsiCo) ', ' Adrenaline Shoc (Monster Beverage Corporation) ', ' Celsius Holdings, Inc. ', ' Rockstar Energy (PepsiCo) ', ' Venom Energy (Dr Pepper Snapple Group) ', ' Nos Energy Drink (Coca-Cola Company) ', ' Rip It Energy Drink (National Beverage Corp.) '

demand for energy drinks has surged as a result of the growing appeal of unusual fitness pursuits like yoga and aerobics as well as the growing trend of half- and full-marathon participation. Additionally, an increasing number of producers are introducing beverages with natural components like organic guarana and raw green coffee bean extracts as customers become more conscious of the health dangers linked to non-organic sports and energy drinks.

The number of individuals engaging in fitness activities has substantially increased due to the rising prevalence of chronic medical disorders. This is one of the main reasons why energy drinks are so popular worldwide: they help athletes recuperate from workouts more quickly. Additionally, sedentary lifestyles and the hectic schedules of working professionals are changing consumer preferences so that functional beverages are becoming more popular. This, in turn, is assisting in the market's expansion. Additionally, the popularity of ready-to-drink beverages is having a positive influence on the demand for these drinks on e-commerce websites. In addition, top market players are developing different products made with natural, plant-based ingredients and offered unique tastes. For instance, Metta Beverage Corp. offers a variety of natural drinks with flavors like sea salt, blueberry, ginger, lemon, and adaptogens. In keeping with this, they are spending more money on marketing initiatives like celebrity endorsements to draw in a sizable customer base. This is encouraging people to drink energy drinks, along with social media's growing effect.

In 2021, North America dominated the market. The rise in disposable income, the creation of various domestic brands, and the expansion of marketing and promotional initiatives for product growth are all factors contributing to the region's expanding product consumption. Due to shifting demographics, consumer preferences, and drinking patterns, North Americans consume more energy drinks than any other region in the globe. Market globalization and the phenomenon of migration both helped change consumers' drinking behaviors as alcohol use became more and more ingrained in their daily lives. This has thus created new opportunities for market players to add a range of drinks to the market segments.

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Global Energy Drinks Market

Product ID: SQMIG30G2027

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