Energy drinks are a discrete class of beverage that can provide the consumer with an instant boost of energy and also render certain health benefits. The global market for energy drinks growing rapidly. According to experts, the market is projected to expand at the CAGR of around 5% annually. On the other hand, the estimated revenue return rates also look pretty encouraging. The worldwide energy drinks market is climbing ladders of success at quite an astonishing pace. Since its inception, it has been the most talked about drink in the beverage industry. The chief reason for this is growing consciousness regarding health and fitness amidst the younger crowd.
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Leading Key Players
The key players profiled in Energy Drinks Market are as Rock Star Inc. (U.S.), Monster Beverage Corporation (U.S.), National Beverage Corporation (U.S.), Red Bull (Austria), PepsiCo (U.S.), Coca-Cola (U.S.), Arizona Beverage Company (U.S.), Cloud9 (India), Mountain Fuel Co (U.K.) and Dr Pepper Snapple Group (U.S.)
Global Covid-19 Analysis on Energy Drinks Market has its reach across the entire world. Some of the regions where its presence is observed majorly can be recognized as Asia Pacific, North America, Europe and Rest of the World.
The research analysts of Market Research Future carried out an extensive research on the ongoing regional growth trends of the aforementioned regions and they came to the conclusion that North America governs the market in terms of geographies. The credit for the success of this region goes to certain factors like rising health awareness and the immense need for energy drinks.
Top Market Key Players & Growth Strategies
The global market for energy drinks is a highly competitive arena. New investors emerge every single day and the players involved have to be on their toes to attain maximum business.
Some of the players who have been successful in doing that for many years can be recognized as Mountain Fuel Co., Cloud9, Monster Beverage Corporation and National Beverage Corporation. These players resort to certain set growth strategies like acquisitions and mergers, strategic expansion of business and investment in research and development activities.
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By Product Type – Protein Drinks, Low Carbs, Sugar-Free and Energy Shots.
By Packaging – Cartons, cans, bottles and others.
By Ingredient Types – Fruit Extracts, Antioxidants, Vitamins, Caffeine and Amino Acids.
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