The Global Alcoholic Energy Drinks Market was valued at $23.2 billion in 2021, and is projected to reach $48.9 billion by 2031, growing at a CAGR of 8% from 2022 to 2031.An alcoholic beverage that contains caffeine or other stimulants is known as an alcoholic energy drink. The majority of these drinks is provided in can and bottle. Alcoholic energy drinks are healthier and tastier in comparison to alcohol. and available for both households & commercial use like hotels, restaurants, and cafes (HoReCa), with various packing of different sizes and shapes. Generally, alcoholic energy drinks are available for both teens and adults however even kids are consuming them at a significant rate.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://www.alliedmarketresearch.com/request-sample/17631
Region-wise, North America dominated the global market in 2021 accounting for approx. 35% of the global alcoholic energy drinks market share and is expected to be dominant during the forecast period. The future of the alcoholic energy drinks market in North America is promising, as their demand is expected to continue to grow. The dominance in the market is largely due to the existence of a huge population and the high disposable income of the region. The region is dominating due to its high working population whereas Asia-Pacific is expected to grow at the highest CAGR of 8.7% owing to its huge population coupled with the rise in the disposable income of the region will help in the growth of the segment. China is the global leader in alcoholic energy drink production and its consumption in the region. Developing nations such as India are presenting substantial development opportunities due to the increase in consumption of alcoholic energy drinks across the region.
amway, Arizona Beverages USA, LT Group, Inc., Monster Beverage Corp, National Beverages Corp., Pepsi CO., Phushion Projects, Steelbrew, suntory holdings limited, United Brands Beverages Innovation
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The alcoholic energy drinks industry will grow owing to the high popularity of the product among western Europe and the U.S population as a substitute for alcohol since there has been a drastic increase in the consumption of energy drinks over the last two decades, especially among adolescents and young teens. According to an article by the National Library of Medicines U.S., it was observed that approximately 30% consume energy drinks in the U.S. on regular basis. In Western Europe and the US, alcoholic energy drinks are used as a substitute for alcohol as they have a limited amount of alcohol in them. Along with this change in consumers lifestyles will also propel the market since They prefer goods which are ready to eat and further meet their energy and taste needs. As alcoholic energy drink satisfies all these conditions, it has emerged as a robust choice among global consumers. Hence, all these factors coupled together will increase the alcoholic energy drinks market demand.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the alcoholic energy drinks market analysis from 2021 to 2031 to identify the prevailing alcoholic energy drinks market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the alcoholic energy drinks market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global alcoholic energy drinks market trends, key players, market segments, application areas, and market growth strategies.
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