Energy Drinks Market Sees Rapid Growth
Rising Popularity and Expected Future Growth
The energy drink market is experiencing substantial growth, fueled by the increasing demand for energy-boosting beverages. The global energy drinks market size was valued at 4580 billion in 2020 and is projected to reach 10840 billion by 2031, growing at a CAGR of 5.83%. This growth is attributed to the widespread use of energy drinks for physical and cognitive enhancement.
Specific Markets and Growth Rates
The India Energy Drinks Market size is estimated at 074 billion USD in 2024 and is expected to reach 101 billion USD by 2030, growing at a CAGR of 546%. The Energy Drinks Market size is estimated at 7399 billion USD in 2024 and is expected to reach 104 billion USD by 2030, growing at a CAGR of 583%. According to the Statista Consumer Market Outlook, the revenue of energy and sports drinks sold worldwide amounted to approximately 193 billion.
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