Global Energy Drinks Market Size

1. Global Energy Drinks Market Size, Share, Growth Analysis, By Product Type, By Type, By Application, By Ingredients, By Packaging, By Distribution Channel - Industry Forecast 2023-2030 Global Energy Drinks Market size was valued at USD 86.64 billion in 2021 and is poised to grow from USD 93.84 billion in 2022 to USD 177.58 billion by 2030, growing at a CAGR of 8.3% in the forecast period (2023-2030). The rise in customer demand for novel and thrilling flavour experiences as well as the adoption of trends like health and naturalness are some of the reasons why the energy drink industry has become one with the quickest rate of expansion. Additionally, the North American millennial and Hispanic populations' increased consumption is a big driver of the global market. Additionally, there is a growing market demand for these drinks formulated with more natural ingredients and less sugar. Interest among consumers is growing in tastes, sugar-free products, diets, zero-calorie options, and natural and organic options. Analysis by Type The conventional sector dominated the global market in 2021. Over the forecast period, the expansion of the conventional category is anticipated to be aided by consumers' lack of awareness of organic products. Consumer awareness of the advantages of functional beverages made from organic ingredients is still quite

2. low in the emerging organic business. In addition, due to different ingredients, conventional drinks are often less expensive than their organic counterparts. Because conventional beverages provide a greater profit per square inch of shelf space than organic drinks, retailers tend to choose conventional drinks over natural compounds. Since people often believe that organic drinks include more nutrients and antioxidants than conventional ones, the organic segment is predicted to grow at a faster CAGR throughout the forecast period. Due to worries about highly processed, artificial chemicals as well as the side effects of pesticides and antibiotics, more and more health-conscious consumers are choosing organic products over conventional ones. The demand for organic energy drinks has been greatly influenced by this scenario. Analysis by Distribution Channel The off-trade segment dominated the global market in 2021. The rise in the consumption of energy beverages is what is behind the increase in product sales. These products are purchased by customers after they physically inspect the brands, ingredients, and product quality, which in turn propels product sales through off-trade channels. Due to the large client bases of supermarkets and hypermarkets, the majority of the major participants in the market provide their whole product lineup through these channels. The product is sold in a number of well-known brick-and-mortar stores in the United States, including Walmart, Walgreens, CVS Pharmacy, Target Brands, Inc., Kroger, and Safeway. Walmart offers products from various brands. From 2022 to 2030, the on-trade channel is anticipated to experience significant expansion. The segment is being driven by the growing number of bars, pubs, resorts, cafés, restaurants, and clubs that offer a variety of these drinks. View more info: https://www.skyquestt.com/report/energy-drinks-market op Player’s Company Profiles •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)

3. •V Energy Drink (Frucor Suntory) About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter