(Food-Beverage-News.Com, August 30, 2017 ) Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Energy Drinks Market 2017-2021”, 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. 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.
Market Research Hub’s market study recognizes the hectic lifestyle of people that demands the need for instant energy to be one of the main growth factors for the energy drinks market. Owing to features including the changing lifestyle, globalization, and work practices, consumers’ lives are becoming more hectic. With the growing struggle consumers also have the need to put in more effort. This rises consumer preference towards consuming natural energy drinks that are rich in energy-simulating materials including ginseng and caffeine since they help to increase the overall productivity. This will in turn, fuel the progress of the energy drinks market, which according to our research analysts will grow steadily 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
Market Research Hub'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
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?
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of non-alcoholic drinks market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps. MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
