United States Energy Drink Market Projected to Reach $33 Billion by 2030: Rising Demand for Non-Alcoholic and Sugar-Free Formulations
Dublin, March 04, 2024 (GLOBE NEWSWIRE) -- The "United States Energy Drink Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to * ResearchAndMarkets.com's* offering.
The United States Energy Drink Market is experiencing dynamic growth, driven by a surge in demand for non-alcoholic and organic beverage options. A recent comprehensive study indicates that the market is set to expand considerably from 2024 to 2030, with a particular focus on health-conscious consumers and innovative packaging solutions.
*Key Insights into the United States Energy Drink Market Expansion*
The latest market analysis projects an estimated valuation of the United States Energy Drink sector at around US$ 33.0 Billion by 2030, propelled by the increasing appeal of these beverages as versatile performance enhancers suitable for various demographics.
*Rising Demand for Non-Alcoholic and Sugar-Free Formulations*
Within the segmented market, non-alcoholic energy drinks are forecasted to lead growth, with a broadening consumer base attracted by the sector's move towards healthier, sugar-free, and organic formulations. The diligent efforts of industry players to introduce exciting, palate-friendly flavors are expected to further stir market progress.
*The Trend towards Organic Energy Drinks*
As lifestyle trends shift, organic energy drinks are poised to make significant strides in the market. These beverages cater to a health-conscious audience seeking natural and nutrient-rich options, boosting their market share during the forecast period.
*Preferred Packaging Choices*
Cans have emerged as a favorite packaging format, especially among younger consumers. Their durability and convenience speak to a demographic that values on-the-go consumption without compromising on quality.
*Market Segmentation by End-User and Gender*
Adult consumers continue to dominate the market as key end-users, with energy drinks seeing amplified demand within the working population. Simultaneously, women are becoming increasingly influential in the market, challenging the traditional focus on young male consumers.
*Distribution Channels and Market Leaders*
Supermarkets, with their wide array of choices and trusted brands, remain the dominant distribution channel in the United States. Leading companies, such as Red Bull and Monster Beverage Corporation, continue to fuel market competition with innovative product offerings and strategic marketing campaigns.
This in-depth report provides an extensive overview of the United States Energy Drink Market, encompassing current trends and forecasted growth. It also includes recent developments from major players and offers a detailed revenue analysis, setting a reliable benchmark for understanding market dynamics.
The study delivers a segmented analysis across various dimensions, including product types, packaging preferences, end-users, gender, and distribution channels, ensuring a comprehensive understanding of the market landscape.
*Key Attributes*
*Report Attribute* *Details*
No. of Pages 140
Forecast Period 2023-2030
Estimated Market Value (USD) in 2023 $19.24 Billion
Forecasted Market Value (USD) by 2030 $33 Billion
Compound Annual Growth Rate 8.0%
Regions Covered United States
*Companies Mentioned*
· Red Bull
· Monster Beverage Corporation
· PepsiCo
· National Beverage Corp.
· Suntory Holdings Limited
· The Coca-Cola Company
· Campbell Soup Co.
· Amway Corporation
For more information about this report visit https://www.researchandmarkets.com/r/m39hn7
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*Attachment*
· U.S. Energy Drink Market
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