The China Energy Drink Market is expecting around 5.1% CAGR during 2022-27, cites MarkNtel Advisors in their recent research report. The market is driven by the swift improvement in the average disposable income in China, displaying substantial growth in recent years, resulting in an improving purchasing power of the consumers.
The growing awareness & consciousness for health is playing a crucial role in stimulating the demand for Energy Drinks in the country and boosting the market. Besides, changing food habits & growing inclination toward ready-to-eat and packaged food & beverages, especially soft drinks, across China shall also augment the market growth during the forecast period.
Moreover, the mounting adoption of energy drinks by the young population of the country, owing to the changing lifestyle & increasing disposable income, is another crucial aspect projected to fuel the sales of energy drinks in China in the coming years, further states the research report, “China Energy Drink Market Analysis, 2022.”
Rising Penetration of Organic Energy Drinks to Boost the Market Growth through 2027
Organic drinks have witnessed a considerably growing demand in the China Energy Drink Market in the previous few years. The growing awareness among consumers about the benefits of organic drinks, like they are extracted from fresh ingredients, is the prime aspect attributing to their burgeoning demand in China.
In addition, the active participation of prominent players introducing an extensive range of organic energy drinks in different flavors to meet the burgeoning consumer requirements is also contributing to the overall market growth. Besides, since organic energy drinks have lower sugar content & eliminate the possibilities of health issues like diabetes, their demand is gaining immense momentum in China, which, in turn, is making a positive influence on the market growth.
Escalating Demand for Organic & Natural Energy Drinks to Drive the Market
The rapidly growing awareness & consciousness among the people for the prevention of lifestyle-based diseases are playing a crucial role in augmenting the demand for organic & natural ingredient-based energy drinks across China and, in turn, boosting the market.
It, in turn, is encouraging several prominent energy drinks manufacturers to introduce an extensive range of products with natural ingredients & tap the opportunity to propel their demand during the forecast period, reveals MarkNtel Advisors in their research report, "China Energy Drink Market Analysis, 2022."
According to MarkNtel Advisors, the leading players in the China Energy Drink Market are Red Bull, Monster Energy Company, Taisho Pharmaceutical California, Inc., Daly Foods Group, Hangzhou Wahaha Group Co. Ltd., Coca-Cola, PepsiCo., Southland Trade Company Ltd., & Otsuka Pharmaceutical etc.
Key Questions Answered in the Study