Energy Drinks Market Global Industry Analysis, Trends, Market Size and Forecasts up to 2030
Series: | Industrial Biotechnology |
Publisher: | infinium |
Subject: | E-Reports |
Pages: | 24 pages |
Binding: | Hardcover |
The global energy drinks market is projected to grow from USD 64.49 Billion in 2022 to USD 115.83 Billion by 2030, with a compound annual growth rate of 7.71%. Factors driving this growth include the appeal of energy drinks to both adults and teenagers, their ability to enhance physical and mental performance through stimulants like caffeine and taurine, and the impact of urbanization and changing lifestyles. Increasing disposable income worldwide is also contributing to market expansion. To meet consumer preferences, there is a trend towards low-sugar or sugar-free options, with major players like Nexba, Monster Energy, and Red Bull introducing innovative products with natural sweeteners like stevia.