MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Energy Drinks Market Size, Share, Analysis, Forecast 2023-2028.
Energy Drinks Market Analysis and Insights:
The Energy Drinks Market size is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28.
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Energy Drinks Market Dynamics
Key Driver: Awareness About Health and Hydration
People are now more attentive, aware, and active toward their health. Along with this awareness, the concern of proper and adequate liquid intake has also been infiltrated into daily life. As a result, consumers have found a rewarding solution through energy drinks to fulfill the goal of being hydrated and taking liquids throughout the day. Besides staying hydrated, the nutrients and vitamins present in such energy drinks upgrade their health. Spurred by these trends, manufacturers have noticed increased demand and production. As such, growing health awareness concerns and the appetite for staying hydrated drive the energy drinks industry. Furthermore, the added advantage of flavors and taste expands the youth’s palate of liquid intake, leading to further expansion of energy drink types. For instance:
- In February 2022, PepsiCo launched energy drinks with hemp seed infusions to promote relaxation.
Energy Drinks Market Report Segmentation:
The report has segmented the market into the following categories:
By Nature of Product
-Organic
-Non-Organic
-Natural
By Product
-Alcoholic
-Non-Alcoholic
By Customer
-Teenagers
-Adults
-Geriatric
By Distribution Channel
-Off-Trade
-On-Trade
By Consumption
-Drinks
-Shots
-Mixers
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Market Divided by Region/Country:
By Region
-North America
-South America
-Europe
-Asia-Pacific
-The Middle East & Africa
Who are the top Companies in the Energy Drinks Market?
Red Bull, Monster Beverage Corporation, Rockstar Inc., The Coca-Cola Company, PepsiCo, Power Horse, Taisho Pharmaceutical Co Ltd, Heinz, GSK, Goldwin Healthcare, Others
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