The market for Non-Alcoholic Energy Drinks Market is expected to reach USD$ XX in 2023.
Non-alcoholic energy drinks fall under the category of functional drinks, such as nutraceutical and sports drinks and other related drinks. Over the past few years, it has transformed from being a very niche product to one of the most popular and rapidly growing product categories in the total worldwide drinks market. It consists of a significant amount of sugar, caffeine, and other energy ingredients.
The global non-alcoholic energy drinks market is at a nascent stage and is anticipated to observe robust growth over the next seven years until 2023. Rising health consciousness and popularity, especially among the younger generation, are anticipated to foster the growth of non-alcoholic energy drinks over the forecast period. Besides this, growth in professionalism (corporate culture), growing disposable income, and economic growth in developing economies are anticipated to intensify the growth of the non-alcoholic energy drink market until 2023.
At present, North America captures the largest revenue share of the non-alcoholic energy drink market and is anticipated to dominate over the forecast period. With rising market potential and increasing consumer preferences for such drinks, the market is expected to achieve considerable growth over the period 2016–2023. Emerging markets such as India, China, and Indonesia provide substantial opportunities in the energy drink segment. This is expected to drive the growth of the Asia-Pacific non-alcoholic energy drink market until 2023.
The global market for non-alcoholic energy drinks is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
By Demography
By Distribution Channel
By Ingredients
By Geography
Red Bull, The Coca-Cola Company, Pepsico, Abbott Nutrition, Dr. Pepper Snapple Group, Britvic Plc., NOS, Monster, Gatorade, Rockstar Inc., and others
The market for Non-Alcoholic Energy Drinks Market is expected to reach USD$ XX in 2023.
The Non-Alcoholic Energy Drinks Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2016 -2023.
The base year of this report is 2015.
Red Bull, The Coca-Cola Company, Pepsico, Abbott Nutrition, Dr. Pepper Snapple Group, Britvic Plc., NOS, Monster, Gatorade, Rockstar Inc .are some of the major players in the global market.