MarkNtel Advisors – Leading Market Research Company found GCC Energy Drinks Market is expected to reach 2.17% CAGR Growth By 2030.
This report provides a comprehensive analysis of the GCC Energy Drinks Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the GCC Energy Drinks Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- - https://www.marknteladvisors.com/query/request-sample/gcc-energy-drinks-market.html
Scope of the GCC Energy Drinks Market Report:
The GCC Energy Drinks Market is projected to grow at a CAGR of around 2.17% during the forecast period, i.e., 2024-30. The beverages containing stimulant compounds, mostly caffeine, which provide mental & physical stimulation are termed as energy drinks. The increasing adoption of these drinks among teenagers & adults to boost their mental awareness & reduce fatigue is a key factor leading to a surge in the sales of energy drinks. The rising initiatives of the government of the UAE & Saudi Arabia, among others, to ban the consumption of alcohol in public spaces such as malls, stadiums, etc., led to the rising adoption of these drinks among the residents due to the presence of high caffeine content in the drink.
Which prominent factor is expected to drive the GCC Energy Drinks Market during 2024-30?
Rising Population of Expatriates & Tourists - The rising population of expatriates & tourists has been contributing to the growing demand for energy drinks during the historical period. Several countries, including Saudi Arabia and the UAE, have hosted international conferences and events, which have contributed to the influx of tourists. Hence, restaurants & general stores have been stocking up on these drinks for tourists’ consumption.
Additionally, the ban on alcoholic drinks in the GCC region has further augmented the need for these drinks as a beverage consumption in commercial places like restaurants, cafes, etc. Therefore, an increasing number of tourists & expatriates is expected to drive demand for these drinks during the forecast period.
What are the different Segment Available in the GCC Energy Drinks Market?
By Flavour
- Flavoured
- Unflavoured
By Sugar Content
- Sugar-Free
- Non Sugar-Free
By Target Consumer
- Teenagers
- Adults
- Geriatric Population
By Product Type
- Hypertonic
- Isotonic
- Hypotonic
By Packaging
- Metal cans
- Bottles (PET /Glass) & Others
By Distribution Channel
- Supermarket & Hypermarkets
- Convenience store
- Online Retail
- Others
By Country
- The UAE
- Saudi Arabia
- Oman
- Kuwait
- Bahrain
- Qatar.
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Leading GCC Energy Drinks companies operating in the Market
- Monster Beverage Corporation
- Red Bull GmbH
- Power Horse Energy Drinks GmbH
- Pokka Corporation
- Energy Beverages LLC
- Dubai Star Food LLC
- Mayar Bison
- Pepsi Energy Co. (Rockstar Brand)
- Alesayi beverages corporation (Code Red)
- MBG Group (Effect)
- Boom Boom Energy Drink
- Others.
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