China Energy Drink Market Analysis
China Energy Drink Market will reach US$ 19.15 Billion by 2032, up from US$ 8.89 Billion in 2023, with a CAGR of 8.90% between 2024 and 2032.
Energy Drink Outlooks
An energy drink is a type of beverage designed to give consumers a brief, sharp increase in both mental and physical energy. Caffeine, vitamins, amino acids, carbohydrates, and artificial sweeteners are common combinations of substances found in these drinks. The main goals of energy drinks are to increase alertness, improve focus, and reduce weariness. They are often taken by those who are looking for more energy, especially during workouts, extended workdays, or study sessions. Energy drinks have grown in popularity among a variety of consumer demographics, such as professionals, athletes, and students who need a quick pick-me-up.
Driving Forces for Energy Drink in China
Raising Awareness of Health and Wellbeing-Growing consumer consciousness about health and wellness has caused them to give top priority to goods that support their well-being objectives. As a result, demand for healthier options has changed in China energy drink market. These days, consumers are looking for energy drinks with more vitamins or antioxidants, less sugar, and natural components. In response to this trend, Chinese beverage manufacturers have launched products that do more than just provide a quick energy boost. These include blends that contain organic ingredients, herbal extracts, and adaptogens, which are said to be better options than conventional energy drinks that are heavily sweetened and contain artificial additives.
Urbanization with Fast-paced Ways of Living-China's market for energy drinks has expanded rapidly due to urbanization and busy lifestyles. Products that promote productivity and offer rapid energy boosts are becoming more and more in demand as more people live fast-paced, urban lifestyles. Energy drinks are popular among students and working professionals who want to be more focused and alert due to their high nutritional and caffeine content. These drinks are becoming more and more well-liked in China's cities due to their efficiency and portability, which is indicative of a larger trend toward consumption while on the go and the incorporation of Western-style routines into everyday life.
Expanding Sports and Fitness Sector-Chinese consumers are becoming more active in sports and fitness, which has increased demand for products that improve performance and promote healing. Energy drinks are designed for fitness enthusiasts and athletes who want to increase their endurance and restore nutrients after working out. They contain elements like vitamins, electrolytes, and caffeine. The market gains from an increasing number of health-conscious consumers looking for practical and efficient solutions to support their active lifestyles. This pattern highlights the positive correlation between the expansion of the sports sector and the growing demand for energy drinks in China.
Beijing Energy Drink Market
Rapid technological advancements have expanded the market for cardiac monitoring devices by producing more precise, portable, and user-friendly models. Because of their practical and effective performance in consistently detecting arrhythmias, wearable monitors, implantable loop recorders, and smartphone-based monitoring systems have grown in popularity throughout Asia-Pacific. These state-of-the-art technologies satisfy the growing need for noninvasive, real-time monitoring options for patients and medical professionals.
China Energy Drink Company Analysis
The top energy drink companies in China are Red Bull, Monster beverage corporation, Taisho Pharmaceutical Holding Company, Dali food group co ltd., Coca cola, Pepsico, Southland Trade Company Ltd. and Hangzhou Wahaha Group Co.,Ltd.
Chins Energy Drink Company News
January 2023, Monster Beverage Corporation, a leading manufacturer of premium energy drinks globally, had planned to launch its Predator energy drink line in China. This launch was a part of the company's strategy to focus on the affordable segment of the energy drink category in Asia.
Feb 2022, Coca-Cola declared that Fresca Energy, a new energy drink, will be available in China. Natural flavors and caffeine are the only ingredients in Fresca Energy, a low-calorie, sugar-free energy beverage. Those in their twenties seeking a more healthful option to conventional energy drinks are our target audience.
Type - Market breakup in 3 viewpoints:
1. Energy drink
2. Energy shots
3. Energy mixers
Distribution Channel - Market breakup in 5 viewpoints:
1. Hypermarket, Supermarket, mass merchandisers
2. Convenience stores
3. Food service outlets
4. Online
5. Others
Packaging Type - Market breakup in 5 viewpoints:
1. PET
2. Glass bottles
3. Cans
4. Cartons
5. Others
All the key players have been covered from 3 Viewpoints:
- Business Overview
- Recent Development
- Revenue Analysis
Key Players Analysis:
1. Red Bull
2. Monster beverage corporation
3. Taisho Pharmaceutical Holding Company
4. Dali food group co ltd.
5. Coca cola
6. Pepsico
7. Southland Trade Company Ltd.
8. Hangzhou Wahaha Group Co.,Ltd.
Table of Contents
Companies Mentioned
- Red Bull
- Monster beverage corporation
- Taisho Pharmaceutical Holding Company
- Dali food group co ltd.
- Coca cola
- Pepsico
- Southland Trade Company Ltd.
- Hangzhou Wahaha Group Co.,Ltd.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | July 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 8.89 Billion |
| Forecasted Market Value ( USD | $ 19.15 Billion |
| Compound Annual Growth Rate | 8.9% |
| Regions Covered | China |
| No. of Companies Mentioned | 8 |
