PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269711
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269711
Global Energy Drinks Market is valued approximately at USD 86.35 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.00% over the forecast period 2022-2029. The market expansion has been influenced by the rising demand for energy drinks as a potential energy booster to enhance physical and mental performance. Drinks without sugar, glucose, or high fructose corn syrup are becoming popular among customers. These drinks are being aggressively marketed by companies as functional beverages that improve both physical and mental energy and alertness. The major driving factors for the Global Energy Drinks Market are growing consumer demand and increasing disposable income. Moreover, Product innovation and growing initiatives by the key market players is creating lucrative growth opportunity for the market over the forecast period 2022-2029.
In December 2021, a survey by Mintel found that the demand for energy drinks was increasing among consumers who are looking for functional beverages that can provide an energy boost, mental alertness, and other health benefits. Along with this, in March 2022, a report by Euromonitor International found that the global energy drinks market had grown by 3.9% in 2021, driven by the increasing popularity of energy drinks among young consumers who are looking for a quick energy boost and mental alertness. However, the high cost of Energy Drinks stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Energy Drinks Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North American energy drinks market is one of the largest in the world, with the United States being the dominant player. The region has a high level of disposable income and a large young population that is the primary target for energy drinks. However, there is growing concern about the health effects of energy drinks, leading to increased regulations and consumer awareness. Asia-Pacific region is the fastest-growing market for energy drinks, with countries such as China, Japan, and India leading the way. The region has a large and growing young population that is increasingly interested in Western lifestyle trends, including energy drinks. However, cultural and regulatory differences may limit the growth potential in certain countries.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable