Energy Drinks Market is expected to register growth at a CAGR of approximately 8% by 2031.

According to Fact.MR, global demand for energy drinks is expected to exceed US$ 35 Bn by 2021. In the long-run, the industry is expected to clock a CAGR of over 8% to reach US$ 76 Bn in 2031. An increase in health consciousness, changes in consumer lifestyle, and greater awareness of health and wellness products is primarily expected to drive future demand.

From 2016 to 2020, the energy drinks market experienced a steady growth curve, recording a CAGR of nearly 4% to be valued at over US$ 33 Bn. Prospects temporarily nosedived in H1 2020, as the COVID-19 pandemic disrupted supply chains and logistics, generating shortages. Eventually, this was offset as vaccination drives began, permitting easing of restrictions.

Manufacturers prioritize product innovation to gain a competitive advantage. Companies strive to differentiate their products from their competitors. For instance, Red Bull employs taurine to distinguish its products and positions itself as a premium item by charging a high price. Furthermore, Monster Beverage has made substantial inroads into the industry by sponsoring high-profile sports events such as Moto GP, Formula One, MotoCross, and mountain biking.

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Energy Drinks Market – Scope of Report:

A latest publication by Fact.MR on the global Energy Drinks market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2021-2031.

Important indicators for the successful growth of the Energy Drinks market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Energy Drinks supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Terminal Tractor, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Competitive Landscape

• Key players in the Energy Drinks market are Kalmar Inc., REV Group Inc. Terberg Group B.V., Konecranes Oyj, MAFI Transport-System GmbH, CVS Ferrari, Volvo AB, Hoist Material Handling, Inc., Mol CY nv., TICO Terminal Services, and AUTOCAR LLC., among others. Prominent players are continuously focusing on maintaining agreements with several clients to expand their global footprints. Through such agreements, companies are focusing on broadening their customer base and gaining a competitive edge over other players. For instance,
• In 2020, Kalmar Inc., entered into an agreement with Australian company Nyrstar for the supply of heavy terminal tractors. Through this agreement, the company will supply 3 terminal tractors – TR618i, which are designed for moving heavy loads in any condition and also comply with EU Stage V emission norms.
• In 2020, Terberg Group entered into an agreement with the Port of Helsingborg, a Swedish container specialist, for the supply of YT203-EV electric terminal tractors. These electric terminal tractors will have a battery pack capacity of 222 kWh, which will enable the port to save on maintenance and diesel.

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Report benefits & key questions answered

• Post covid consumer spending on Terminal Tractor: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Energy Drinks demand outlook: the market intelligence study reports highlights the factor propelling the demand for Pulse Oximeters. As per the study, the demand for Energy Drinks will grow through 2031.
• Energy Drinks historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2021-2031.
• Energy Drinks consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Energy Drinks Market Segmentations:

• Product Type

  • Alcoholic Energy Drinks
  • Non-Alcoholic Energy Drinks

• Nature

  • Organic Energy Drinks
  • Non-Organic Energy Drinks

• Distribution Channel

  • Energy Drinks Sales via Modern Trade
  • Energy Drinks Sales via Drug Stores
  • Energy Drinks Sales via Convenience Store
  • Energy Drinks Sales via E-Commerce
  • Energy Drinks Sales via Other Retail Format

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