Market Insights and Analysis: Global Energy Drinks Market Overview and Projections (2023-2028)
The Global Energy Drink Market is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28. The rise in modernization and increasing health consciousness among different age groups is predominantly driving the market. In addition, youth highly prefer energy drinks due to their mood-boosting, performance-improving, and alertness-heightening properties.
Top leading companies in the Global Energy Drinks Market includes:
Red Bull, Monster Beverage Corporation, Rockstar Inc., The Coca-Cola Company, PepsiCo, Power Horse, Taisho Pharmaceutical Co Ltd, Heinz, GSK, Goldwin Healthcare, Others.
Possible Restraint: Risks Associated with Higher Consumption
Higher consumption of energy drinks than advised could lead to weight gain, high sugar, higher blood pressure, and more. Such concerns have made people worry and shy away from trying energy drinks. Also, content such as synthetic sourced caffeine, artificial ingredients, additives, and preservatives has negatively impacted the brand image of the beverage, which could restrain the market growth, consecutively associating it with health problems. Although this has led to a rise in demand for organic drinks, the overall demand for traditional beverages could be affected negatively, further hindering the industry's growth.
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Report Segmentation:
The market is categorized into the following segments in the report:
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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Global Energy Drinks Market Geographic Reach:
The Geographic Reach of the Global Energy Drinks Market evaluates the spread and significance of Global Energy Drinks market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
· North America: US, Mexico, Canada
· Europe: Germany,France,UK,Italy,Belgium
· Asia-Pacific: China, India, Japan, South Korea, South East Asia
· South America: Brazil,Others
· Middle East & Africa: Saudi Arabia, UAE, Qatar, Turkey.
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