Alcoholic Energy Drink firms are rethinking their strategy, rationalizing their product lines, and evaluating the robustness of their supply chains and route-to-market networks. E-commerce and distribution networks should be simplified and optimized as the consumers have shifted towards online shopping during the ongoing pandemic. Manufacturing companies will be looking to set up their business into an Omni-channel to cater to the market demand and increase their sales. 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.
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The alcoholic energy drinks market growth can hold back owing to an increase in health-associated threats since alcoholic energy drinks contain both alcohol and caffeine at the same time which can result in adverse health conditions. As per the Virginia Department of Mines Minerals and Energy, as alcohol is a depressant whereas on the other hand energy drinks are stimulants, the combination of both can be dangerous for its consumer.
Prominent Market Players
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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Regional Outlook:
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 consumption in the region.
Reason to Buy:
✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Alcoholic Energy Drinks Market.
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✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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