Energy drinks are cocktails that have energetic ingredients including taurine, cocaine, vitamins, glucuronolactone, proprietary blends, botanical supplements, and micronutrients, all of which help to increase physical endurance and cognitive functioning. During workout, energy drinks can help you stay hydrated.
Energy Drinks Market size was valued at US$ 65.33 Bn in 2021 and the total revenue is expected to grow at 7.22 % through 2022 to 2029, reaching nearly US$ 114.12 Bn.
Energy Drinks Market overview:
The Energy Drinks market’s competitive landscape comprises information about rivals. A firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination are among the topics covered. The following information is only relevant to the organization’s focus on the Energy Drinks market.
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Energy Drinks Market scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
Segmentation:
Based on Type, the global Energy Drinks market is segmented into Alcoholic and Non-Alcoholic. The Alcoholic segment held the largest market share of xx% in 2021. Over the last decade, these alcoholic energy drinks have become extremely prevalent among revellers. In addition, the market for alcoholic energy drinks is projected to be driven by a lack of awareness about the many types of drinks. The Non-Alcoholic segment is expected to grow at a higher CAGR of xx% in the global energy drinks market during the forecast period. Rising consumer consciousness of its advantages and the negative consequences of its competitors’ consumption is expected to help the global market.
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Key Players: Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Energy Drinks market-
- Red Bull GmbH
• PepsiCo. Inc.
• Monster Energy
• Rockstar, Inc.
• Taisho Pharmaceutical Co. Ltd
• Amway Global (Xs Energy)
• Coco Cola Company
• Hansen Natural Corp.
• GNC Holdings Inc.
• ABBOTT NUTRITION INC
• DR PEPPER SNAPPLE GROUP INC
• GLAXOSMITHKLINE PLC
• PACIFICHEALTH LABORATORIES INC
• Nestle SA
Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter’s five forces analysis, and case studies.
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COVID-19 Impact Analysis on Energy Drinks Market: Furthermore, the research assesses the impact of COVID-19 on the Energy Drinks market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Energy Drinks Market. The report focuses on market share and size, clearly demonstrating the pandemic’s influence on the worldwide Energy Drinks Market in the next years.
Key Questions Answered in the Energy Drinks Market Report are:
- What will be the Energy Drinks market’s CAGR throughout the projected period (2021-2027)?
- Which market category emerged as the market leader in the Energy Drinks industry?
- Who are the key players in the Energy Drinks market?
- What important trends in the Energy Drinks industry are anticipated to develop throughout the forecast period?
- How big will the Energy Drinks market be in 2027?
- In 2020, which business segment had the highest proportion of the Energy Drinks market?
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