Energy Drink Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 8, 2024 by mansi3210

Energy drink market is anticipated to grow at a CAGR of around 6% during the forecast period.

 
Energy drink market is anticipated to grow at a CAGR of around 6% during the forecast period. Energy drink usually constitutes caffeine along with other mental and physical simulators that are used for providing instant energy to an individual. Nowadays, energy drinks are available in various flavors with vitamins or carnitine, in the market. Energy drinks also come in the no-calorie and sugar option which further enhance its adoption by fitness-conscious population and sports persons. This, in turn, will impact the growth of the energy drink market during the forecast period.

Additionally, the rapid adoption of energy drinks by the teenage population across the emerging as well as developed economies will drive the growth of the energy drink market. In addition to this, the increasing purchasing power of the middle-class population is also anticipated to surge the consumption of energy drink thereby contributing significantly to the market growth. However, the increasing health-associated threats due to the consumption of energy drinks will significantly challenge the market growth during the forecast period.

To Request a Sample of our Report on Energy Drink Market:  https://www.omrglobal.com/request-sample/energy-drink-market

Market Coverage

Market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Energy Drink Market- Segmentation

By Product

Alcoholic
Non-Alcoholic

By Target Population

Adults
Teenagers

By Type

Organic
Non-Organic

A full report of Energy Drink Market available @ https://www.omrglobal.com/industry-reports/energy-drink-market

Energy Drink Market-Segment by Region 

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East Africa

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Issued By MANSI
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Country India
Categories Food , Industry , Manufacturing
Last Updated March 8, 2024