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Redding, California - October 15, 2024

Energy Drinks Market to Reach $122.54 Billion by 2031

Energy Drinks Market Size, Share, Forecast, & Trends Analysis by Type (Non-alcoholic, Alcoholic), Packaging Type (Bottled Energy Drinks, Canned Energy Drinks), Packaging Size (250 ML, 1 Liter), Ingredients, Distribution Channel - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Energy Drinks Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication, the energy drinks market is expected to reach $122.54 billion by 2031, at a CAGR of 7.3% from 2024 to 2031.

The increasing demand for sports & performance drinks, growing awareness about health and hydration, rising demand for quick energy solutions, and product innovation and diversification are factors driving the growth of the energy drinks market. However, the elevated prices of energy drinks constrain the growth of this market.

In addition, emerging economies in Latin America, Asia, and the Middle East & Africa and rapid growth of the retail sector provide substantial growth opportunities for market players. The market faces substantial challenges, including health concerns pertinent to the consumption of energy drinks. However, functional energy drinks and clean labels are prominent trends in the energy drinks market.

Key Players:

The energy drinks market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the energy drinks market are Red Bull GmbH (Austria), PepsiCo Inc. (U.S.), Monster Beverage Corporation (U.S.), The Coca-Cola Company (U.S.), and HELL ENERGY Magyarország Kft. (Hungary), Suntory Holdings Ltd. (Japan), Otsuka Pharmaceutical Co., Ltd. (A Part of Otsuka Holdings Co., Ltd.) (Japan), Amway Corporation (U.S.), Carlsberg A/S (Denmark), Osotspa Public Company Limited (Thailand), Carabao Group Public Company Limited (Thailand), Keurig Dr Pepper, Inc. (U.S.), Taisho Pharmaceutical Holdings Co., Ltd. (Japan), AriZona Beverages USA (U.S.), and Lucozade Ribena Suntory Limited (U.K.).

The energy drinks market is segmented based on type, packaging type, packaging size, ingredients, and distribution channel. The report also evaluates industry competitors and analyzes the energy drinks market at the regional and country levels.

Among the types studied in this report, the non-alcoholic energy drinks segment is anticipated to hold the dominant position, with a share of 62.5% of the market in 2024. The substantial market share of this segment is driven by the growing adoption of non-alcoholic energy drinks, attributed to their accessibility and convenience. Key factors include unrestricted off-premises sales and consumption, increasing demand for healthier beverage options, and a rising interest in functional energy drinks, all of which align with escalating health and wellness trends. Additionally, the popularity of clean-labeled products and the desire for enhanced mental and physical alertness further strengthen this segment's market position.

Among the packaging types studied in this report, the bottled energy drinks segment is anticipated to hold the dominant position, with a large share of the energy drinks market in 2024. This segment's large market share is attributed to the wide availability of bottled energy drinks in various shapes, sizes, and quantities and the convenient consumption, transportation, and storage offered by bottled energy drinks, which translates to lower market prices of bottled products.

Among the packaging sizes studied in this report, the 500 ml segment is anticipated to hold the dominant position, with a large share of the energy drinks market in 2024. This segment's substantial market share is largely attributed to its ideal balance of portability and energy content. Consumers prefer energy drinks that provide an adequate volume for sustained energy without being excessively large or difficult to carry. The 500 ml size effectively addresses this demand, offering a compact solution for on-the-go consumption during workouts, commutes, or at work. Its moderate volume delivers a sufficient dose of caffeine and other energy-enhancing ingredients without overwhelming the consumer, making it a favored option for both casual users and those seeking prolonged energy support.

Among the ingredients studied in this report, the caffeine segment is anticipated to hold the dominant position, with a large share of the energy drinks market in 2024. This segment's substantial market share is attributed to its capacity to enhance energy while minimizing calorie intake. Furthermore, caffeine stimulates the sympathetic nervous system, which aids in appetite suppression, increases feelings of fullness, and promotes the breakdown of fat cells for energy. These factors are anticipated to drive significant growth in the market during the forecast period.

Among the distribution channels studied in this report, the off-trade segment is anticipated to hold the dominant position, with a large share of the energy drinks market in 2024. This segment's substantial share is attributed to the extensive demand for energy drinks for at-home or off-premise consumption.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (U.K., Germany, France, Spain, Italy, Netherlands, Belgium, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Thailand, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa).

Among the geographies studied in this report, North America is anticipated to hold the dominant position, with a share of 37.9% of the market in 2024, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America's energy drinks market is estimated to be worth USD 28,363.9 million in 2024. This substantial market share is attributed to various factors, including a robust focus on health and wellness, a heightened awareness of the benefits associated with functional energy drinks, a mature packaged beverage sector, increasing acceptance of alcoholic energy drinks, swift innovation, and development within the energy drink industry, and growing engagement in high-intensity physical activities such as hiking, running, and cycling.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6024

Key Questions Answered in the Report-

What is the value of revenue generated by the sale of energy drinks?
At what rate is the global demand for energy drinks projected to grow for the next five to seven years?
What is the historical market size and growth rate for the energy drinks market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which type, packaging type, packaging size, ingredients, and distribution channel segments create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the energy drinks market?
Who are the major players in the energy drinks market? What are their specific product offerings in this market?
What recent developments have taken place in the energy drinks market? What impact have these strategic developments created on the market?
What if the key consumer trends by demographics, preferences, and patterns in the energy drinks market?

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Redding, California - October 15, 2024

Energy Drinks Market to Reach $122.54 Billion by 2031

Energy Drinks Market Size, Share, Forecast, & Trends Analysis by Type (Non-alcoholic, Alcoholic), Packaging Type (Bottled Energy Drinks, Canned Energy Drinks), Packaging Size (250 ML, 1 Liter), Ingredients, Distribution Channel - Global Forecast to 2031

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