Worldwide Energy Drink Industry to 2026 - Growing Popularity Among Consumers for Energy Drinks is Driving the Market
Dublin, July 20, 2021 (GLOBE NEWSWIRE) -- The "Global Energy Drink Market, By Product Type (Non-Organic Organic), By Target Customer (Adults, Teenagers Geriatric Population), By Distribution Channel (Store-Based Non-Store Based), By Region, Competition, Forecast Opportunities, 2026F" report has been added to ResearchAndMarkets.com''s offering. The Global Energy Drink Market was valued at USD56.67 billion in 2026F and is expected to grow at an increasing CAGR of over 7.24% during the forecast period. The Global Energy Drink Market is driven by the increasing population and the demand of people towards flavored and energy-boosting drinks. Additionally, growing popularity among consumers for energy drinks, and surging disposable income of consumers are expected to elevate the demand for energy drinks thereby driving the market growth through 2026F. Owing to rising customer health consciousness and hectic lifestyle, the industry is expected to experience fast growth. The main purpose of these drinks is to provide instantaneous energy, along with psychological and physical stimulation.
Worldwide Energy Drink Industry to 2026 - Growing Popularity Among Consumers for Energy Drinks is Driving the Market
Dublin, July 20, 2021 (GLOBE NEWSWIRE) -- The "Global Energy Drink Market, By Product Type (Non-Organic Organic), By Target Customer (Adults, Teenagers Geriatric Population), By Distribution Channel (Store-Based Non-Store Based), By Region, Competition, Forecast Opportunities, 2026F" report has been added to ResearchAndMarkets.com''s offering. The Global Energy Drink Market was valued at USD56.67 billion in 2026F and is expected to grow at an increasing CAGR of over 7.24% during the forecast period. The Global Energy Drink Market is driven by the increasing population and the demand of people towards flavored and energy-boosting drinks. Additionally, growing popularity among consumers for energy drinks, and surging disposable income of consumers are expected to elevate the demand for energy drinks thereby driving the market growth through 2026F. Owing to rising customer health consciousness and hectic lifestyle, the industry is expected to experience fast growth. The main purpose of these drinks is to provide instantaneous energy, along with psychological and physical stimulation.