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An energy drink is a type of drink containing stimulant compounds, usually caffeine. These drinks are marketed to enhance performance and boost energy.
China Energy Drink Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of China Energy Drink market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report “China Energy Drink Market Analysis, 2020”, the China Energy Drink market is anticipated to grow at a CAGR of around 5.1% during 2020-25F. The driving factors for the growth of the market are robust industrialization and urbanization, increasing the purchasing power of the consumers, and rising living standards of people. In addition, initiatives are taken by the market competitors to improvise the distribution infrastructure, the burgeoning popularity of energy drinks amongst youngsters, and rising consumer spending on food and beverage products, which are projected to promulgate the demand for energy drinks in the forecast period.
Market Segmentation
Adults Acquired the Largest Market Share
Based on the target customers, adults acquired the largest market share in 2019. The growth of the segment is attributed to growing awareness amongst consumers regarding health and diet supplements, changing lifestyles, increasing use of energy drinks in parties, and a rise in consumption amongst the working class due to long working hours. Moreover, the teenage segment is also gaining pace at a faster rate in the forthcoming period.
Non-Alcoholic Acquired the Majority Market Share
Based on the product, non-alcoholic products captured the majority market share due to the introduction of national industrial policy in the country, which would attract domestic investment in the energy drinks industry and also stimulate the development of high-tech products. Hence, this is projected to largely contribute toward the growth of the Energy Drink market in China in the near future as stated in the MarkNtel Advisors’ research report “China Energy Drink Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the China Energy Drink market include 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 Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on China Energy Drink Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of China Energy Drink Market during 2020-25F?
A. The China Energy Drink Market is forecast to grow at a CAGR of 5.1% during 2020-25F.
Q. Who are the key competitors or players operating in China Energy Drink Market?
A. 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., are few of the leading players in the China Energy Drink Market.
Q. Which product type segment would emerge as an opportunity area for players in China Energy Drink Market?
A. Natural segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which distribution channel would emerge as an opportunity area for players in China Energy Drink Market?
A. On trade continue to grow at a highest CAGR, presenting immense opportunities for market players of China Energy Drink Market.
