Energy Drinks Market Poised for Explosive Growth
Robust Demand for Energy Boosters Drives Market Expansion
India and Global Markets Set to Witness Surge
The market for energy drinks is experiencing a surge in demand, driven by consumers seeking an energy boost to enhance their physical and cognitive performance. This growing popularity is shaping the energy drink industry, with global, India-specific, and regional markets set to witness significant growth.
According to a recent report, the India Energy Drinks Market size is estimated at 0.74 billion USD in 2024 and is projected to reach 1.01 billion USD by 2030, growing at a CAGR of 5.46%. The Energy Drinks Market size globally is estimated at 73.99 billion USD in 2024 and is expected to reach 104 billion USD by 2030, growing at a CAGR of 5.83%. The global energy drinks market size was valued at 45.80 billion in 2020 and is projected to reach 108.40 billion by 2031, growing at a CAGR of 7.1%.
Statista's Consumer Market Outlook indicates that the revenue of energy and sports drinks sold worldwide amounted to approximately 193 billion U.S. dollars in 2022, highlighting the substantial market size and revenue potential.
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