Market Demand : Energy Drinks Market Globally Grow at a CAGR of 8.86% by Revenue During the Period 2018-2021

Energy drinks are a category of beverages that have ingredients like caffeine and others that increase the energy level in the body. Energy drinks come under the functional beverages category.

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The market for energy drinks has increased significantly because of rapid urbanization, increased spread of retail, and rise in demand for convenience foods. The market has scope to expand in emerging economies due to an increase in disposable income of consumers and consumers' willingness to try new flavors and tastes.

Technavios analysts forecast the global energy drinks market to grow at a CAGR of 8.86% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global energy drinks market for 2017-2021. To calculate the market size, the report considers value and volume of energy drinks market in different regions.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Energy Drinks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Monster Beverage Corporation
PepsiCo
Red Bull
Rockstar Energy Drink

Other prominent vendors
BOMB ENERGY DRINK
Living Essentials Marketing
POWER HORSE Energy Drinks
Starbucks
Vemma Nutrition Company
XS Energy
XYIENCE Energy Drink

Market driver
Hectic lifestyle and need for instant energy
For a full, detailed list, view our report

Market challenge
Stiff competition from low-cost substitutes
For a full, detailed list, view our report

Market trend
Increase in demand for low-calorie energy drinks
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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