Energy Drinks Market Expected to Reach $86.01 Billion, Opportunity Analysis and Industry Forecast, 2016-2023 Globally, by 2026 at 7.2% CAGRAnalysis and Global Opportunity Industry Forecast, 2016-2023
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Energy Drinks Market
“Rise in product consumption by working individuals to maintain a healthy lifestyle, increase in consciousness regarding diet & intake among sports athletes & working individuals to maintain nutritional balance, and surge in disposable income of individuals are expected to propel the growth of the global energy drinks market.�
Energy Drinks Market
Energy Drinks Market was pegged at $53.01 billion in 2018 and is projected to garner $86.01 billion by 2026, registering a CAGR of 7.20% from 2019 to 2026. Rise in demand for energy drinks as it provides several desirable effects including improved memory, fast recovery, and improved mood and increase in prominence among young generation have boosted the growth of the global energy drinks market. However, presence of alternatives such as green tea and ginger root tea hampers the market growth. On the contrary, inclination of consumers toward organic energy drinks is expected to create lucrative opportunities in the near future. In 2018, the nonalcoholic segment accounted for the highest share in the energy drinks market, owing to the fact that these products boost energy by improving physical and cognitive performance. In addition, presence of caffeine in nonalcoholic energy drinks provides the user with increased alertness, improved memory, and elevated mood.
Energy Drinks Market
The non-alcoholic energy drink segment held the largest share in 2018, accounting for more than half of the market, owing to rise in popularity among teenagers along with increasing health consciousness. Moreover, the segment is estimated to register the fastest CAGR of 6.5% during the forecast period. The report includes analysis of the alcoholic energy drink segment. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5315 The adult segment held the largest share in 2018, contributing more than two-fifths of the market and is projected to manifest the fastest CAGR of 6.7% during the study period. This is pertaining to rising trend among the growing adult population of corporates and athletes, who consume energy drinks for an extra dose of energy to enhance their performance.
Energy Drinks Market
The market across the Asia-Pacific region is anticipated to register the fastest CAGR of 7.3% during the forecast period, owing to rising demand for convenience beverage, widening media exposure and aggressive marketing by energy companies. However, the market across the North America region contributed the largest share in 2018, accounting for nearly one-third of the market. The report includes an analysis of the other regions such as Europe and LAMEA. For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5315 The report includes an in-depth analysis of the major market players such as Rockstar Inc., Red Bull GmbH, Monster Energy, PepsiCo Inc., AriZona Beverages USA LLC, Big Red, Dr. Pepper Snapple Group, National Beverage Corp., Dabur India Ltd., and Coca Cola Company.
Energy Drinks Market
Energy Drinks Market
Energy Drinks Market
Energy Drinks Market
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Energy Drinks Market The report provides a quantitative analysis of the current energy drinks market estimations, trends, and dynamics of the market size from 2018 to 2026 to identify the prevailing market opportunities. The key countries in all the major regions are mapped based on the market share and energy drinks market trends. Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network. In-depth analysis of the energy drinks market segment and size assists to determine the prevailing market opportunities. Major countries in each region are mapped according to their revenue contribution to the global industry. The report includes revenue generated from the sales of the energy drinks market forecast across North America, Europe, AsiaPacific, and LAMEA. Source: https://www.prnewswire.com/news-releases/energy-drinks-market-to-garner-86-01-bn-globally-by-2026-at-7-2-cagr-says-alli ed-market-research-300873353.html
Energy Drinks Market
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