Tuesday, July 21, 2020

Energy Drinks Market Is Expected To Grow Tremendously By 2026 – Red Bull, Monster Beverage

The global energy drinks market size was valued at $53.01 billion in 2018, and is expected to grow at a CAGR of 7.20% to reach $86.01 billion by 2026.

Energy drinks are beverages that contain caffeine, taurine, vitamins, and other stimulants, and are marketed as products that boost mental alertness and physical stamina. These drinks may or may not be carbonated. They differ from sports drink, which are used to replace electrolytes and water during or after physical activity. In addition, they are distinguished from tea and coffee, which are brewed, contain lesser ingredients, and may be decaffeinated. The manufacturers of energy drinks claim that their products improve energy levels.

Major Key Players of the Energy Drinks Market are:
Red Bull, Monster Beverage Corporation, Rockstar, The Coca-Cola Company, PepsiCo, Arizona Beverage Company, National Beverage Corp., Dr. Pepper Snapple Group, Living Essentials, Cloud 9



No comments:

Post a Comment