Covid-19 Impact on Energy Drinks Market Global Research Report by Product Type (Energy Shots, Sugar Free, Protein Drinks, Low Carbs and others), Ingredients Types
Global Energy Drinks Industry are a discrete class of beverage that can provide the consumer with an instant boost of energy and render certain health benefits. Global Covid-19 Impact on Energy Drinks Market for 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.
Athletes have realized the benefits of energy drinks and have started resorting to them to build their stamina. This fact can be characterized as one of the major growth boosters for the market. Apart from that, even the younger generations have started turning towards these drinks to get their vigor back after undertaking hectic and tiring activities. Additionally, changing lifestyle patterns also positively influence the growth of this market.
Leading Key Players
The key players profiled in Covid-19 Impact on 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.)
Top Market Key Players & Growth Strategies
Global energy drinks industry 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.
Market Research Future’s research report on ‘energy drinks market’ has an entire section that is dedicated to segmental analysis. Here are some of the snippets of that portion of the report:
By Sales Channels – Sport Nutrition Chains, Mass Merchandiser, Convenience Store, Vending, Supermarkets and Drug Stores.
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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