Egypt Energy Drinks Market to Exceed Valuation of USD 244.54 billion at a 12.80% CAGR by 2029

 Market Definition

Energy drinks, also known as electrolyte drinks, are functional beverages designed to help athletes replace water, electrolytes, and energy before, during, and after training or competition. Energy drinks provide the population with benefits such as refreshment, instant energy, increased attention and reaction time. Energy drinks contain various ingredients such as taurine, caffeine, herbs, vitamins, and others.

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Egypt Energy Drinks Market Analysis and Size

Food and beverage companies have made every effort to capitalise on the opportunity as the world becomes fitter and healthier. This factor has greatly benefited the energy drink markets, which have adapted their products to meet their customers' needs. This market is driven by the desire for a quick energy boost during athletic or aerobic activities. Athletes are drawn to the sugar rush that the drinks provide, and market participants have seen tremendous growth in this area.

Data Bridge Market Research analyses that the energy drinks was valued at 93.3 billion in 2021 and is expected to reach the value of USD 244.54 billion by 2029, at a CAGR of 12.80% during the forecast period.  The growing vegan population around the world will be a factor in the plant-based sports and energy drinks market during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Recent Development

  • In 2021, GoodSport and Energy Drinks, a Rosemont, Ill-based startup, plans to launch GoodSport, a 97 percent dairy sports drink, to compete nationally against leading brands. The product will be available onAmazon and goodsport..
  • In 2020, The Coca-Cola Company added Powerade Power Water and Powerade Ultra to its portfolio. These items are designed to address the shift in exercise habits toward endurance. The electrolytes in Ultra are 50% higher than in regular powerade and creatine. Each product line comes in three flavours and is free of sugar and calories.
  • In 2019, Coca-Cola launched the sports drink Powerade in India. Coca-Cola plans to diversify its portfolio in order to give Indian consumers who prefer beverages to sweetened fizzy drinks more options.
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