Functional Energy Drinks Market Scenario

Functional beverages are non-alcoholic beverages which aid to keep the consumer’s body hydrated and offer additional micronutrients which include herbs, vitamins, minerals, amino acids, or sometimes raw fruit or vegetables. Functional energy drinks is a type of functional drinks. Functional energy drinks provide vitamin B which keeps red blood cells and aids to regulate the nervous system. Functional energy drinks are becoming a popular beverage due to its specific health benefits.

The Global Functional Energy Drinks Market Size is anticipated to be driven by the increasing awareness of health awareness among the consumers. Also, the advancement in product development coupled with the technological up gradation is considered is one of the significant reasons for the increasing growth of functional energy drinks market during the forecast period.

Key Players

The key players profiled in the functional energy drinks market are Tata Global Beverages (India), Red Bull GmBH (Austria), Coca cola Co (U.S.), Pepsi co Inc. (U.S.), Abbott Nutrition Limited (U.S.), Mondelez International, Inc. (U.S.), National Beverage Corporation (U.S.)

Study Objectives of Functional Energy Drinks Market

• In depth analysis of the market’s segments and sub-segments
• To estimate and forecast market size by product type, packaging type, distribution channel, and region
• To analyze key driving forces influencing the market
• Region level market analysis and market estimation of North America, Europe, Asia Pacific, and the rest of the world (ROW) and their countries
• Value chain analysis & supply chain analysis of the market
• Company profiling of major players in the market
• Competitive strategy analysis and mapping key stakeholders in the market
• Analysis of historical market trends and technologies along with the current government regulatory requirements

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Intended Audience

• Functional Energy Drinks manufacturers
• Raw material suppliers
• End users (food industry)
• Retailers and wholesalers
• E-commerce companies
• Traders, importers and exporters

Key Findings

North America dominates the functional energy drinks market followed by Europe

Asia Pacific is projected to witness a massive growth during the forecast period of 2017-2023. China is estimated to create a favorable environment for the increasing growth of Asia Pacific region.

Segments

Functional energy drinks have been segmented based on product type which comprises of isotonic, hypertonic, hypotonic and others. Functional energy drinks market has been segmented based on packaging which comprises of bottle, can, tetra pack and others. Functional energy drinks market has been segmented based on distribution channel such as store based, and non-store based. Store based distribution channel has been further segmented into supermarkets & hypermarkets, convenience stores, specialist retailers and others.

Regional Analysis

The global functional energy drinks market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, North America is estimated to retain its dominance throughout the forecast period of 2017-2023. This is attributed to the increasing awareness of the healthy food habits and increasing disposable income of the consumers.

European region is estimated to account for a healthy market proportion during the review period of 2017-2023. However, Asia Pacific region is estimated to witness a maximum growth in the global functional energy drinks market during the forecast period of 2017-2023.

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services

Market Insight

Market Research Future (MRFR) in their latest report on the energy drinks market revealed the possibility of robust growth during the forecast period (2018-2023) and can exceed the predicted valuation by the end of 2023. Energy drinks are a type of dietary supplement that contains sweeteners, herbal extracts, taurine, caffeine, and amino acids. These drinks can be carbonated or non-carbonated and are distinct from the sports drink category. Caffeine in the energy drinks augments cognitive performance which helps with better attention and reaction speed. MRFR, in their report, particularly focuses on segmental analysis and included detailed volume-wise and value-wise growth charts for better understanding. At the same time, the report also has factors that can impact the growth of the energy drinks market in the coming years.

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Across the globe, a constant rise can be seen in the health and fitness related awareness which has sparked the rise in a number of people taking aide from gymnasiums, spas, and health resorts. This has triggered the global growth of the market considerably. At the same time, a lot of new entrants are now joining the market with their latest range of products that can impact the market substantially. However, the market can feel a drop in the sale as substitute products such as chocolate bars, nutrition bars, and other products are gaining significant market ground.

Competitive Analysis

MRFR profiled several prominent global Energy Drinks Market players in their report. They are

Taisho Pharmaceutical Co Ltd. (Japan),

• Inc (U.S.),
• Coca-Cola Company (U.S.),
• Red Bull GmbH. (Australia),
• Monster Beverages Corporation (U.S.),
• Rockstar, Inc. (U.S.),
• Amway Corporation (U.S),
• Arizona Beverages (U.S.),
• Lucozade (U.K) and
• Living Essentials LLC (U.S.)

Industry News:

Coca-Cola is all geared up to launch their new line of energy drinks in 2019 which puts them in loggerhead situation with Monster Beverages Corporation. Coke is also the largest shareholder of the latter, but now the market is expected to put them against each other. This can curb the profit of Monster Beverages Corporation considerably.

Segmentation:

MRFR report segments the global energy drinks market by type, packaging, and distribution channel.

Based on the type, the energy drinks market can be segmented into non-alcoholic and alcoholic. The non-alcoholic segment can lead the market during the forecast period. However, the alcoholic segment is expected to showcase healthy growth over the forecast period.

Based on the packaging, the Energy Drinks Market can be segmented into cartons, bottles, cans, and others. Bottle and can, both the segments are expected to register strong growth during the forecast period. Cans segment can expect high growth during the forecast period as single-serve packaging is enjoying huge traction from the general populace.

Based on the distribution channel, the energy drinks market comprises supermarkets, convenience store, drug stores, vending, mass merchandiser, sport nutrition chains, and others. Supermarkets segment can register substantial growth in both developing and developed countries.

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Regional Analysis

Region-specific analysis of the global Energy Drinks Market by MRFR includes North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW).

Europe’s market looks quite promising, and it can grow with substantial revenue during the forecast period. The rise can be attributed to the increasing awareness regarding preventive health care and growing number of fitness enthusiasts. Health clubs and spa are some of the popular takers of these energy drinks. In Europe, these service providers can substantially impact the market during the forecast period.

The APAC market can expect high growth during the forecast period. Increase in the standard of living has improved the regional market demography. Rising health-related awareness can also ensure growth for the market, and this is positively evident in countries such as Japan, China, and Australia. The product has penetrated well in these regions. However, emerging countries such as India can change the global market scenario by triggering the growth of unprecedented nature during the forecast period.

The busy lifestyle of people in Sri Lanka and Maldives has led to an incremented demand for the ready-to-eat food, and sports and energy drinks happen to suffice the calorie demand for long hours of working. This significant change in the food and beverages sector of the countries have led to an increase in the cumulative market size of Sri Lanka and Maldives energy and sports drink market which will attain an impressive value of $67.99 million by the end of 2023 as the demand is projected to grow with a healthy compound annual growth rate (CAGR) of 5.38% during the forecast period of 2018 to 2023, according to a market intelligence report by IndustryARC’s analyst.

Sri Lanka and Maldives energy and sports drinks market research report contain insights pertaining to market in the regions along with the forces and trends that are poised to disrupt the market conditions. Furthermore, it provides valuable information about the pricing environment with an in-depth strategic analysis of the market. The report is titled, “Sri Lanka and Maldives Energy and Sports Drinks Market: By Type (Alcoholic, non-alcoholic), By Composition (Carbonated, Non-carbonated), By Distribution (Supermarkets, Online Stores, Convenience Stores, Vending Machines), Geographical Analysis - Forecast (2018-2023).”

Sri Lanka and Maldives Energy and Sports Drinks Market: Leading Segments

The analyst has done a thorough geographical analysis in both the countries and derived the following results –

In Sri Lanka, 2017 witnessed revenue of $15.81 million in 2017, and the energy drinks had a better revenue as compared to sports drinks. This is much attributed to the fact that energy drinks are more famous in bourgeois. On the other hand, sports drinks are consumed lesser in quantity. However, the people in Sri Lanka that are affiliated with sports are opting for sports drinks, and the market for the same will observe a demand influx in the future.

Maldives observed a similar market condition with energy drinks reaping more revenues than sports drinks. However, the dearth of people playing sports will lead to very stagnant growth for sports drinks in the region. The soaring sales of energy drinks are attributable to the diseases caused due to lack of proper nutrition and unhealthy diet which is supplemented by these energy drinks.

The market is segmented on the basis of the content of alcohol and lack thereof in the energy and sports drinks. According to the segment study by the analyst, the non-alcoholic energy and sports drinks bear leading share in Sri Lanka and Maldives energy and sports drinks market and will observe CAGRs of 6.75% and 4.82% through to 2023 in Sri Lanka and Maldives respectively.

Sri Lanka and Maldives Energy and Sports Drinks Market: Trends and Growth Drivers

Market Forces on Sri Lanka Energy and Sports Drinks Market –

New Products Launch –

X2 Ginseng Energy Drink and 100 Plus sports drink are new products that are gaining traction in the Sri Lanka energy drinks market.

Teenagers and Young Adults Support the Sports Drinks Market –

Earlier, the Sri Lanka sports drinks market was depended only on the sales attributed to the consumption by athletes. However, the health and fitness wave that is proliferating across the globe is creating a market for sports drinks as teenagers and young adults that are on a fitness pursuit are consuming it.

Market Forces on Maldives Energy and Sports Drinks Market –

The Growing Trend of Mixing Energy Drinks with Alcohol –

The pubs now offer energy and sports drinks with alcohol, and the trend is well-received by young customers across the country, which is significantly supporting the Maldives energy and sports drinks market.

Monster Energy Drinks Witnessing Heavy Demand –

Monster energy drinks are gaining ground in the Maldives energy and sports drinks market, because it is consumed by sportsmen that are into Motocross, MotoGP, and dirt car rallies. Sports branding in the region has created a market for monster drinks.

Sri Lanka and Maldives Energy and Sports Drinks Market: Competitive Landscape

Some of the key companies identified in the Sri Lanka energy and sports drinks market intelligence report that are crusading for greater market share are Redbull GmbH, Ceylon Cold Stores Plc (Elephant House), XL Energy Marketing s.p.zoo, Monster Beverage Corporation, and others.

The prominent players Maldives energy and sports drinks market are Redbull GmbH, Naughty G, XL Energy Marketing s.p.zoo, Monster Beverage Corporation, and others.

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Related Reports:

a) Sports and Energy Drinks Market
https://www.industryarc.com/Report/18306/sports-energy-drinks-market.html

b) North America Sports & Energy Drinks Market
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About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager
Email: sales@industryarc.com
Contact Sales: 1-614-588-8538 (Ext-101)

Global Sports & Energy Drinks Market: Demand Analysis and Growth Forecast

According to the experts at Industry ARC, the global sports and energy drinks market contained opportunities worth around $49 to $52 billion in 2018, and the demand will be growing with a CAGR of around 9% to 10% during the forecast period 2019 to 2025. The IndustryARC report, titled, “Sports & Energy Drinks Market: By Product Type (Sports Drink, Energy Drink); By Distribution Channel (Retail, On Trade, Vending Machine) – Forecast (2019 - 2025),” has been prepared to serve as a business intelligence document for the market players.

Sports & energy drinks are beverages that are rich in essential minerals, electrolytes, and vitamins. Sports drinks are of three types isotonic, hypertonic, and hypotonic, these drinks provide higher concentrations of salt and sugar as in the human body. For an average athlete, these are an easy source of vital nutrients and provide instant energy desired by the body right after working out. The growing consumer focus on health, fitness, and wellness is one of the major factor driving the growth of the sports & energy drinks market. Sports and energy drinks manufacturers and retailers are leveraging the consumer mood with products aimed at improving health, providing essential nutrients, and boosting energy. As a result, the sports & energy drinks market is growing rapidly.

Browse 48 Market Tables, 176 Figures spread through 145 slides and an in-depth TOC “Sports & Energy Drinks Market (2019 - 2025)”

Sports & Energy Drinks Market: Leading Segments

According to the CDC report, up to 50% of the adolescents are consuming energy drinks. Protein shakes and energy drinks contain a large amount of sugar, sometimes as much as 27 teaspoons in a can and other additives such as carbohydrates, amino acids and taurine. These legal stimulants can provide an extra boost in energy, alertness, and increase attention, which is fueling the growth of the sports and energy drinks market. Less consumption of energy drinks will enhance the healthier growth for humans.

The analyst of the report identified that the energy drink - product segment is the key application which holds a major share in the sports & energy drinks market, and is projected to grow with an estimated CAGR of around 10% to 12% during the forecast period 2019 to 2025. Based on the geographical analysis, North America held the largest share which accounts for around 30% to 32% in the sports & energy drinks market in 2018. Sports and energy drinks are extensively popular in North America. Athletes are consuming more drinks to boost their energy levels. Moreover, these drinks offer flavor, refreshment, and wakefulness for the consumers in their lifestyles. These Factors are uplifting the growth of the sports and energy drinks market in this region.

Sports & Energy Drinks Market Competitive Landscape

Some of the key players identified in the report that are currently holding the majority shares in the global sports & energy drinks market are: Monster Energy, PepsiCo, Coca-Cola, Red Bull Runa Beverages, All Sport, Gusto Organic, Labrada Nutrition, Enerzal, Staminade, Amp Energy, and Pacific Health Labs.

Talk to one of our sales representative about the full report by providing your details in the link below:

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About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager
Email: sales@industryarc.com
Contact Sales: 1-614-588-8538 (Ext-101)