Asia-Pacific Energy Drinks Market size to Reach USD 15.34 billion by 2028.
Market Analysis and Insights : Asia-Pacific Energy Drinks Market
Data Bridge Market Research analyses that the Asia-Pacific energy drinks market to be growing at a CAGR of 7.6% in the forecast period of 2021-2028 and is expected to reach the USD 15.34 billion by 2028.
Energy drinks have various benefits among people which include reaction speed, refreshment, instant energy, and increased attention. The various ingredients present in energy drink are vitamins, taurine, herbs, caffeine and others. Taurine is defined as a type of amino acid which is a building block of protein. The products are available in bars, corner stations and gas stations. These products are found in shops along with juices, sport drinks and soft drinks.
Growing demand for greater functionality in drinks and new product launch energy drinks act as a major factor attributable to the growth of energy drinks market. Also, rising awareness about health wellness products and challenging lifestyle pattern will influence the growth of the energy drinks market. The increase in the health-consciousness among consumers and growing urbanisation along with high disposable income will drive the market growth rate.
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Asia-Pacific Energy Drinks Market Scope and Market Size
Asia-Pacific energy drinks market is segmented on the basis of product type, type, application, consumption type, ingredients and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the energy drinks market is segmented into non-alcoholic and alcoholic.
- On the basis of type, the energy drinks market is segmented into inorganic and organic.
- On the basis of application, the energy drinks market is segmented into before exercise, recovery and during exercise.
- On the basis of consumption type, the energy drinks market is segmented into before 11 am, post 9 pm, 11-2 pm, 2-5 pm and 5-9 pm.
- On the basis of ingredients, the energy drinks market is segmented into taurine, caffeine, guarana, vitamin B, L-carnitine, antioxidants and others.
- On the basis of distribution channel, the energy drinks market is segmented into store based retailers and non-store retailing. Store-based retailers have been further sub-segmented into supermarkets/hypermarkets, grocery retailers, convenience stores and others.
Competitive Landscape and Asia-Pacific Energy Drinks Market Share Analysis
Asia-Pacific energy drinks market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Asia-Pacific energy drinks market.
The major players covered in Asia-Pacific energy drinks market report are Red Bull, Monster Energy, Rockstar, Inc., The Coca-Cola Company, PepsiCo, Fujian Dali Group Co., Ltd., Osotspa Public Company Limited, LT Group, Inc., Carabao Group, Amway Corp.,among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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